Be careful though with the top puts because once we see a drop in price you must be sure to watch for a continuation of this weird trend. Check April 1 to April 20, similar volume and similar price action however, not the same movement that we are expecting at all. Rather we see a day to a few day dips in price and then an uptrend.
FSLY in history always does dumb ass-ending channel upwards followed with massive market moves. I'm going to go ahead and pick up $70c for 8/20.
Not financial advice. Do whatever you want. Also give me feedback!
Rejection on this line here. Maybe a flag formation as well? I feel bearish about this so I bought puts a bit ago, however I didn't really look into that much. Seems bullish to me more. However the rejection makes me think its bearish. Could go either way.
I kind've want to buy a straddle here but it's too late. Was working all day today. Although calls made some money :). I expect a gap up and then down for the day tommorow. Just a gut feeling. By the way that triangle is in afterhours.
FLL movement is very vertical. By that, I just mean that once it goes up it often REJECTS hard and plummets a single dollar and then goes back up in a week. I will paper trade this support and resistance and be watching that wedge to see if it's a thing I guess. I'm not really too sure about stuff so yeah.
Pretty sure spy is going to go back to around 420 dollars next week. End of week at most. Too lazy to type more. I'm an idiot and don't know a lot so tell me to stop doing stupid shit! :)
ITS GONNA BE OKAY
I kept some puts going to sell them on monday.
I think that this may be a inverse head and shoulders. Unsure. Waiting for a 4 hour chart close above neckline to confirm.
//Even though I've been buying puts on BABA I think that this might be seeing some KABOOM soon. It's in a year long wedge.
Have been trading this channel for a bit. I think every trade was a put from the middle or top of the channel. It's kind've falling in between the channel and that's where the highs are. Does this indicate that the channel will be moved or not be valid anymore soon? I think so. At least investopedia says that when stuff stops touching the bottom and top...
uh this is all scrambled and stuff. i think that we will see movement in the coming weeks but not before a month elapses. careful of a bottom test from this spike we are having. im shit at this and im not capatilizing after periods sorry.