Looking to short DE at the double top here.
If the meeting later this friday goes bad against the china deal. I think this stock will take a huge beating, especially if china retaliate with another tariff against our agricultural sector.
Short Entry 169.50
Kohls has been a pretty good stock, they have expended last year and improved their overall brand in the process.
they took a huge beating with last earning and weak forecast but on the daily time frame, they are really bottoming out.
i think it's ready to rebound soon, especially if we start the bull run pass $300 on spy, this would be a good long shot.
Nio almost looking like reversal here but could also be a trap.
it usually runs with Tesla sometimes, and also china deal talk.
Recently we got a downgrade on tesla so that might make tomorrow the last green day b4 it drops, unless some crazy news come out to carry it.
May enter a long position next week if we become bullish again.
There were some odd call...
Open position at $18.5
Stop loss at $17.5
Take profit at $20
Why this play?
As much as i would love to see a triple bottom for a long, I'm not sure we would get it. The china related stocks has been very beat up, especially IQ.
I have a seen a few of them reversal off already but iq hasn't really reacted much yet.
if we expect positive news on china...
Open position at $39
Stop loss at $37
Take profit at $42
Dave and Buster looks pretty bottom out on the daily time frame, it's near a triple bottom and pretty much can't go down further unless market tanks.
We might enter a bullrun so this would be a pretty good long shot play.
Spy looking very extended, might pull back here to start the shoulder of the new inverse HS.
we looking at market sentiment. everyone just started getting back conference again.
that's when they usually love to pull the rug.
Open short position at $8.52
Stop loss at $8.75
Take profit at $7.75
Why this play?
the stock ran up due to asset sale last month but reading over the deal, it doesn't really look positive for them at all.
thus we will start a small short position.
As predicted in the previous chart, we had a strong bounce at 275(even thou after hours it went to 272 but when market open we were at 275)
We are at 281.2 tonight, i think we are going to have strong resistance on the line at 283.1 on spy. then we should get a pull back to 279ish after the inverse head and shoulder on the weekly is completed. Once completed, we...
This was no doubt the ultimate short, same pattern happened last earning, it ran and held up for 13 straight days. caught a bunch of bullish traders at the top and just kept running.
And then BAM! dropped like a sky diver without a parachute.
they picked an amazing time to drop too, i was trying to short 500 shares on friday but i had to exit my...
For those of you tesla losers,
if you want to catch a bounce, $180 is a pretty decent support.
RSi will get bottom out, price dropping to 2017 level.
There's a lot of talk about musk getting margin call But I won't doubt musk pulling a rabbit out of his hat last second.
His already survived the $230 break margin call by diluting and averaging down his...
Just looking at the market last week, it kind remind of me of the December crash, we are probably going to head to that level eventually but i feel like we are going to have a nice bounce first at 275 snce everything is getting exhausted.
once they make everybody think the market is safe, another rug pull will happen.
days like this, if you want to go long, buy...
Urg.. tradingview decided to hide a lot of my previous idea because I didn't go pro, what a scam.
If you like my charts and would like to support me going pro for $12.95, please msg me so i can keep sending out these ideas weekly.
Open position at $182
Stop loss at $180
Take profit at $187
Why this play?
Gwph had a pretty good earning but got...
Open short position at $106.59
Stop loss at $107
Take profit at $104.76
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