If this gaps below my target open it's a eyes close buy at the open and take it to first exit or ride it out on a swing trade to exit 2.
If you have $68 bucks laying around and want to buy OCT 27th 185 calls then I would say, - yes please. I love this double bottom right here and ready for a gap up open for Monday? If you want to wait to get in till Monday that's fine also :O)
Looks like this got back into this huge channel. 115 in the next 2 months? I know I'll be buying Puts 2 months out. $115 Dec puts only 28 cents.
If this opens above $30 at the open I will buy right at the open. This should get to somewhere near $34. If it wont get there today I will swing trade it till it reaches. This gap up is trapping so many people that need to cover. It needs to open above $30 to buy at the open if it doesn't open above $30 then I would wait for the first 5 min candle to form and buy...
I'll be watching this one. I like that it got above the 100 day MA and near strong support/resistance. I'll place this on my stock watch screener with an alert notification if it breaks 11.51.
There is no reason why this can't spike to $10 at some point in the opening. I plan on buying at the open for the ride up and then short this back down. I love when you can play both sides of a day trade.
For people with small accounts this is a nice channel play. And if it breaks above the channel it could go straight back to the IPO price.
If it goes lower and breaks 52.85 it should go straight to the 100 MA on the weekly chart. I used the weekly chart because of the strong support of the 100 MA that would cause the stock to pause.
This is either a double bottom swing or a double top failure. If it gaps up tomorrow it could be a nice swing trade back to 37 or if it gaps down it could go to 33.
I don't know why people would want to buy this stock (it's just not a good growth company, but what technology stock really is these days?) , but this chart looks strong. I will swing trade this to $20ish. I like the volume yesterday.
Is this an epic failure of a double top or the second have of a double bottom? If it gets into the red box it's going to 134 which is next support. Or if it gets into the green box it's breaking the neck line of a strong double bottom. Make your plan!
I like this for a day trade tomorrow. I'm always making a plan for the next day.
Here is my day trade plan for tomorrow. Needs to break that lower wick and then off to about a $3 loss. Nice put option trade.
If this breaks resistence and gets back into this small channel then 162 calls would be the bet to make. 162 CALLS for 3rd week of November would be the ones you want.
If she gets bearish today looking for this trade setup.