Vitalfinancials

Vitalfinancials

Good Morning, The markets took me by storm yesterday and I was not expecting it to react as it did to the rate cuts. Nonetheless, the following weeks will bring volatility back to the market which is great for option traders. I did a quick and dirty of of AMD and decided to hedge my position to the downside. I should have done this yesterday but I didn't...

Vitalfinancials

Good Morning Friends, It has been about 2.5 weeks since I last published on AMD. Yesterday it Reported earnings meeting analyst expectations. The price has now dropped to sit right on our lower trend line . My speculative assumption is still very bullish. You should be able to pick up some very nicely price slightly OTM call options on AMD today. This is due to...

Vitalfinancials

BABA has noticebly been trending down since June 2018. In my opinion, it is not surprising given the current geopolitical climate. - We can see BABA currently testing a previous Fibonocci level at around $170 -I will be watching to see if it can push through this retracement and if it does I will be looking for a short long position the $180 retracement...

Vitalfinancials

Lulu has been solid channel up since December 2018. We broke new highs in early April 2019 and have since been grinding higher. - At market close we are at a resistance level of about $190. If we gap up on Monday, I will be looking for an entry on a lower time frame at this same level of resistance to go long. - However, if we get rejected at this price level,...

Vitalfinancials

Visa has been in a strong channel up since December 2018.We broke new highs on March 11, 2019 and have since been grinding higher into uncharted territory. The most recent bull flag formed around July 2, 2019. I am bullish on Visa and expect to see much higher prices in the coming months. Aside from the clear technical trend, Visa has shown clear signs of...

Vitalfinancials

AMD can offer a tremendous profit opportunity on the daily chart if you are patient and enter at the right time. The strategy I am using on it is buying long on any pull backs to its Fibonacci levels. These opportunities can offer 30%+ in price appreciation over a 60 day period in its current channel up from December 2018. - AMD is currently in a nice channel...