I'm liking the break of this support here and back down to the 200MA. There are so many people that will be trapped if it breaks this support level. This will take a few days to get there if it does. So this would be a swing trade not a day trade IMO.
I like the break of old support here and the 100MA as a exit. I'm getting in on the break of the first hourly candle. If it wont break then could be a bear trap. You can use the old support as a stop also. This is a retest gap so it wont be fast right out of the gate. It's had a lot of bearish candle the last few weeks.
I will be buying calls on WMT today. I love the double bottom off the 200MA on the daily chart here. And the nice pull back from the run it had from the end of March. I'm going to be buying at the money 120 calls expiring Aug 21. If this trade goes bad it should retest this 200MA on the way down, so it also gives me a place to get out on a retest.
Looking to get some of this ZM craziness going on. I would love the break of this pivot and the trap of all these white candles. Once we break this we should hit the 50MA and if it really breaks down to the 100MA. I'll be buying a few of these puts at the break and sell most at the 50 and holding a few to see if we get to that 100MA.. Enjoy
GOOG looks ready for a run here. You can buy 1435 CALLS expiring June 26th for about $3500 each. This would make a nice little swing trade here breaking this past support to current resistance. Can easily see a $100 move here to the ATH in a few days. Let it break the entry line tomorrow to get in. Enjoy.
This is going to go for all airlines not just AAL. If we hit the low of 2008 on any airline I will be buying them up. These will be a long term hold or a quick flip when they double. To say people will never fly again is hyperbolic and not even feasible. And on top of that when a vaccine comes out these stocks will rocket up. It's a win win. Don't let stagecoach...
If we can't break this 200MA on the weekly chart we will need to retest somewhere. I see a potential channel play forming in this area here and would be a healthy market stabilizer to trade sideways for a while also. If we get caught up in here, buy low sell high. On the other hand if we can breakout then the 200MA would be new support. I hope you all were buying...
If we break this pivot I'm going short to the 200MA on the daily chart. I love the strong support of the 200MA and like the break of a strong pivot to get in. Trade safe and don't hold anything over night if you don't have to yet.
If you don't want to pick food stocks this stock has 6 industries in it. Beverages Industry, Food & Staples Retailing Industry, Food Products Industry, Household Products Industry, Personal Products Industry, Tobacco Industry. This is everything everyone horderd or business that needed to shut down that will need to reorder once open. I see a nice move in this...
I like bounce after the market shut down for 15 min this morning.. So if we get a break down I'm getting in with the break of the enter. Looks like a nice channel play from a few months ago. Should take 2 days to get there.