NYCB is setting up for a nice little pop here.. I see no resistance to about 15-18. You can grab Aug 2nd calls at $16 strike for .10 If we do get a run off earnings or just a pop from trading it would be a beautiful risk/reward.
I like TSLA here for a little breakout. You can buy the June 190 calls for $5. I like the exit around the 220 area which it the top of the channel.
Nice little gap and trap on this one. I like the 850 put for around 6.40 for July.. Lots of people trapped in this trade right now IMO.
TSLA is on a channel and if we break this we're going to 120.. What makes this different then the other bounces is that the 50MA has broken the 200MA which signals more weakness then just a bounce.. Keep a close eye on this one or if you have $400 laying around you can buy the May put option at 120 now..
BKNG is known for making some huge candles. I like this set up as the chart seems weak for a nice pull back to some support. I like the 10 EMA on the weekly as that support.
All these people are trapped short here. Anyone that is short is going to be forced to sell to get out which will make this a great swing trade higher from here. I love love love the EMAs breaking out also.
I like this break for a swing trade back to current highs. I like the EMAs back to 10 20 50's over each other for the swing trade. Let it break and then get in. One to put on your watch list.
If we can beak this entry line we have a chance to catch a nice bill paying trade for some small traders out there. Exit would be the weekly 50 EMA as the nearest support. For smaller accounts just buy the put option closes to the exit as you can get it.. Always wait for the break of the entry line.
I like this head and shoulders on the monthly chart here.. If we break the shoulders the nearest support is the 100MA on the monthly. This could be fast with the market or over a few months so go out a few on the options..
I like the break higher if we can get over this resistance. It should travel to the 100MA on the daily chart. Wait till we break then get in.
We have another money drop coming if we can break this entry line. I don't see any support until the monthly 100MA. Market is still weak and recession is coming.
I like the break from Friday and if the open is below the entry today then I'm taking this to the next support which is the 10EMA on the monthly chart. Great trade of smaller accounts because you can buy the exit level ($500 put) for cheaper then at the money.
We got another pretty solid setup on CMG. If we can break this support there is a nice pot of gold at the end of the rainbow. Not a cheap option play, but also makes a lot of money. This could bounce here and retest, so put this one on your watch list and set alarm so you don't forget it.
Another big move on AMZN still to come. If we can break this very strong support I like this monthly support on the 50 EMA. It wouldn't surprise me if we hold this support for a few days before it breaks. But with this market anything can happen. Fantastic bill paying trade for new traders out there.
Very nice strong support that could be broken here. If we break this support I see this going to the 50ema on Monthly chart. This would be a great little trade. Again, news on the war, oil and inflation can make any trade tuff today. We have seen some whipsaw movement. One to put on your Alert for sure.
SBUX getting hit hard right now.. I like this strong support break to the 100MA on the monthly chart. Will be a swing trade so if using options give yourself some time.
Another great time to look at BKNG again. Here we are again at the same resistance that we have made so much money off in the past. Another great setup for some nice cash. Wait till it breaks to get in.
Nice little day trade set up here.. Nice gap down today that trapped some people at open. Should break and find support below.