I like the rotation the last 3 days, looks very bearish to me. I see $24 in the cards in the near term.
Traders are foaming at their mouths to crush this stock. This will be nothing more then a pile on.. Let it pull back then jump on the short trade
CAKE just broke the 100MA and looks like a nice trade lower to the 200MA
This stock got crushed in the earning last night. If you look at what I circled you will see a ton of red candles. I think this bounce is all of them selling to close today to lock in gains and this stock will be going to at least $40.00 in the near term. I mean in the next couple of days.
This is really getting pinched at the end of an ascending triangle. It needs to close above 130 to be confirmed bullish coming out of the triangle.
For small accounts you could play this bearish to $52 bucks with April 21 puts
Tis 2.53 is a solid support here. If it breaks the 200MA is up around 3.10
This could be the only retest, but if it hangs around here for a day or 2 this is a nice bullish play.
Let this retest the neckline of the double bottom and paly this bullish.
This looks like a nice buy low, sell high area. Look at that nice hammer candle with huge volume. I like this channel play. Could bounce around here for a few days then move.
Weekly chart has nice support around $15. FOSL gave no guidance for next year, basically saying it will make a $1 to trillion. I like this $15 level
Looks like it's stuck in this channel one more time? make money down then back up?
You can get next Friday $34 puts for .03. That channel looks very inviting for 3 cents of risk.
I like this level going into earnings on SDRL.. We bounced pretty hard at this level in the past and this stock can't go much lower. I'm playing the March 17th calls but you can do the weekly's also. You can buy the stocks but you have to be aware of the gap down. With options you can just buy your risk level.
This looks like the same set-up from the past.. Now can we replay this in the future? Nobody knows but if we have a plan we can mitigate risk. Put your stop just below 52.36 and see if this can retest back to 63.
Looking like a nice break of a strong support resistance level in a ascending triangle
GILD is right at a very nice buy low sell high area on the weekly chart. We hit this level and bounced back in 2014