Assuming no massive gaps... If the prices closes above the very obvious 368 level, I will enter with a target towards 370. I'll be doing longer dated SPY Calls.
PLTR is a good long term purchase, it's prone to spike on any new contract acquisitions for the company. At this point we're just trying to find a dip, or buy when the price is the most boring (right now). There is this amazing trend line that can be drawn and i'm thinking it is the support for the next move. 27 has been an average price for a few days. I've...
AAPL has been trading in an ascending parallel channel for a while now, if we ignore the SPLIT price spike. The current price is near the bottom of this channel, and the long term future of AAPL seems pretty good, short term seems volatile with further anti trust suits . There's a good chance the price continues sideways, for a few days before heading upwards.
NFLX has been hovering at the bottom of a channel for awhile now. Profit Targets at 525 & 550, with SL around 477. With increased lockdowns, there should be upward pressure in the short term.
Salesforce took a pretty big hit after announcing the WORK (slack) buyout. It's clear the price has stabilized and is looking to climb again. My favourite ETF, ARKK has also purchased a bunch of CRM at this bargain price. I'm looking to takes calls or buy shares when the price closes above the 229.6 region, which seems to be where the accumulation wall is. I'm...
It should be noted that ARKK purchased 135,000 PTON today. Looking at the chart, it looks primed for a small breakout upside. With more lockdowns being enacted we could see the 122 area, which is historical support/resistance. I plan on taking calls or buying shares above 117, selling just shy of 122.
I've noticed FDX has been accumulating towards 297. I plan on taking some calls if it shows a willingness to close above the 297. This hopefully aligns with the holiday season and increased lockdowns. My target would be approximately 309