lroman90

lroman90

Nothing fancy, just a MACD cross and RSI moving through 50. Looks like it’s ready to get back to the mid 20s very soon. Super simple analysis but looking good.

lroman90

25 may be a good entry point for PENN. Became way overbought during the casino rally and is finally correcting. Should see a bounce off the daily trend line which is also a support zone from Dec-January. This also may be around the time we get more confirmation on sports opening up and potential Barstool Gambling info. I currently own July expiration 30 puts and...

lroman90 Updated 

Hoping we can hold the 199ish and take a bounce on the uptrend. Would love to see a break through of $210. Lots of questions moving into tomorrow...Amazon ER effect? China News? Tomorrow is a make or break kind of day.

lroman90

Still holding the trend line on the hourly and looks primed for a reversal towards $215. Thinking a few covered calls might be the move right here. I'm not a professional, obviously. Take this with a grain of salt and don't judge too hard. Good luck and stay healthy!

lroman90

GILD is moving with the news these days but the risk vs. reward is looking good, even after coming of the Double Top. I would love to see it bounce of the trend line and buy around $71 for a easy swing to an $80 target. Any good news can make this happen sooner than later. Regardless of the outcome of the trials, big pharma is one of the safest spots to invest...

lroman90 Updated 

Looks like Kroger still has some upward potential before the flame starts running out. I am expecting K to make it up to the 100% Retracement before coming back down to reality. Kroger certainly will have an increase in sales with the panic shopping. However, I believe as #'s of confirmed cases increase, people will be going to the store less and less. Everyone is...

lroman90 Updated 

I've been thinking the bottom was near considering Teva is a pharmaceutical company. With the news of Israel shutting down (with exception of grocery/pharmacy) due to the Corona Virus, we may have the catalyst we needed for a reversal. Business will not be effected and opiate settlement will be hard to continue to fight with governments needing all pharma on deck....

lroman90

Should be safe buy with Corona Virus concerns. Expecting a bounce as more money is shifted into safe companies like Kellogg's. Volume is increasing, could continue downtrend but seems to have good risk/reward with a sell target between 65 and 70.

lroman90

Pop off the trend line and we're popping over 200

lroman90

Hourly trend-lines look like we may see $5 by the end of the week. Oct.18th is right around the corner for Cannabis 2.0. Feeling good about the triple bottom and a trend reversal. If we can continue break 4.92, we will be sitting pretty.