SPCE forming ascending triangle, could break out and go up or could fail and sell off.
I see SAVE going back to 25 by Jan 2021 but if you're an option trader i suggest getting ITM calls for 2021 even 2022 if you want to add to long term portfolio. Shares is also good to add to your stock portfolio. Remember to keep in mind if airlines were to shutdown and vaccine trials see no further progress that would be a sign to get out, but recent news looks...
Posted this chart earlier, if you held SNAP and we continue to this after hour surge we're gonna be up good tomorrow morning! SNAP up 1.98% AH
DKNG at new Highs could we surge more or see a pull back tomorrow I am still waiting for that Pull back closer to 46.24
SNAP PT upgraded by Wall Street analyst to $28... waiting for breakout of this ascending triangle! also another stock to add shares for long term portfolio
SAVE consolidating for a few months now, sitting in this tight channel and could have a big move up or down! With airline activity picking up I'm swinging SAVE to 25$ by 01/21 ... Perfect to add to long term portfolio! Simple way to read this chart, break that top purple zone (resistance) at $19.50 we will see an overall move to $25, break that bottom purple zone...
DKNG broke out of Daily Bull Flag, creating another bull flag on the 15 min could we see more movement up?
DKNG 15 min chart... covered the daily chart on Friday. DKNG is in this bull flag! I am scalping Puts down to that .618 fib retracement at $46.13 and scaling in to Call Contracts for multi week swing, to be safe will get 2 week out exp. We have a gap down at 51.03 so I'm expecting some red early this week and we pick up some momentum to go up. Analyst have upgrade...
With airline traffic picking up after 3 months of quarantine, Airlines are starting to work up to its ATH. AAL was at $30.16 before the pandemic hit in early march. In 2018 ATH was around $59.00. Airlines have been getting loans from the Government. AAL has secured 5.5 billion in loans and is looking to secure more by the end of September. In my opinion LUV, DAL,...
BAC looking to repeat this pattern, looking to retest 55 within these next couple years. Bounce off my support zone at 18.04 making its way up to retest 35.40 break that we could see an overall move up to $44. Perfect stock to add to your long term portfolio. Warren Buffet's second largest holding in his portfolio is BAC so why not invest and follow the most...
DKNG Daily Chart ....DKNG sitting in the middle of my channel, forming a bull flag and looking to see it bounce off $46.28 (.618 fib retrace ) and break out the bull flag up to $60 within these next few weeks. With sports entertainment starting up or for some, still going on strong, DKNG has potential to keep running up. Keep in mind any shut down of sports or...
Starbucks sitting at my support zone at 83 could see a drop down to 73 if we break below 79. theres a gap down at 79.15 that we could fill within these next few weeks or we could just keep pushing during winter. With winter coming up i see SBUX going up to 95 by December. SBUX has been bullish during the past winter seasons and we could see the same for this year....
Apple 4HR Chart... I see an inverse head n shoulders forming waiting for that break of the yellow line for it to complete. We are sitting at the bottom of the channel with lots of room to run up. I'm looking to get into some call options expiring 10/16/20 expecting to see a move up to 125. We could drop within these next few days to 96.33 to fill that gap down.
Tesla loading up for a big move up, power hour maybe!
Amazon broke out of that falling wedge, making our way back up to 3500 may not hit 3500 but with analyst unchanged PT of 3400 we can expect some good bullish runs these upcoming days. If we drop below 3075.43 we can see a move down to 2971.35. If we hold above 3075.43 we can see a move up to retest that resistance zone at 3240.00