WallSt007

WallSt007 Updated 

Market has ran up on false trade deals and unnecessary rate cuts. i am sure the institutions has already cleared all their long position by now. At this point, I think they are just waiting for an opportunity to drop the market and leave the bag with retail traders. if any of the 3 points comes true. market will drop. 1.Trump get impeached, 2. China deal goes...

WallSt007 Updated 

they had bad earnings # and apparently the hospitality industry isn't doing that well. if we get some more bad news or economic slow down. this could be a nice stock to take down.

WallSt007 Updated 

TradingView 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.

WallSt007 Updated 

TradingView 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...

WallSt007 Updated 

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...

WallSt007 Updated 

This is just a hedge play for the other long plays. it's had a solid run, it could either gap fill or reject off that resistance hard like before.

WallSt007

This was almost obvious this morning. rsi was too high. it needed to reset. if it hits 294.04 that's where i'll look for dip buying for sure. maybe intc, qcom.

WallSt007 Updated 

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 stop 172 exit 160

WallSt007

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. Open...

WallSt007 Updated 

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.

WallSt007 Updated 

TradingView 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.

WallSt007 Updated 

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...

WallSt007 Updated 

NASDAQ:ROKU 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...

WallSt007 Updated 

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...

WallSt007 Updated 

watching the market closely for a bounce play at $275-276 area.

WallSt007 Updated 

This is a nice short play if market continues to drop. TradingView Open position at $178 Stop loss at $180 Take profit at $165

WallSt007 Updated 

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...

WallSt007 Updated 

TradingView Open position at $56.43 Stop loss at $55.43 Take profit at $58.50