CAT - expecting pullback to 20ma next week. My trade is a 185/180/175 put butterfly + I sold a 200/205 vertical call spread to pay for it. Net paid is a .04 cent credit. So as long as it stays below 200 next week should be okay.
TEAM - is a good short if it confirms by breaking the shoulder trendline. I do think it weakens here...so it may at least test the shoulder line. Earnings are coming up too, so that could throw a wrench in the scenario. But it's a nice pattern to watch out of curiosity.
BYND - I was short this until today. It never met my target, and now appears bullish. I'd expect it to try to get back to 140 area.
FSLY should attempt to regain trendline. So targeting 98-100 area.
EA weakening momentum should pull price lower to 130-132 area
KNDI - could resume higher mayb to 10
MSFT should begin targeting the lower trendline beginning tomorrow. Also potentially testing the 200ma. This weakening momentum reminds me of the AMZN chart.
AMZN - I'm not trading this, but if we break lower against this support trendline (which is likely), I would potentially look to sell some calls or look for some daytrade opportunities to the 200ma.
I am back in ACAD. I expect it to get up to 56-57 to complete the handle. Then, probably break higher from there.
Hoping JD can get to 100. It will eventually, just hoping it happens in the next two weeks. I am trying to buy the Jan22nd 95/105 call vertical plus selling the Jan15th 101c. Order is for .85, if it fills.
Expecting CSIQ to pullback to around 52 I bought a 53/49 back ratio (bought 53p + sold two 49p) for .50
CRM filled its gap lower and has been stuck there in under-performance mode. But I think it is now time to fill the gap above, around 135. For the trade I bought a Jan22nd 230c Sold the Jan15th 235 and 240 calls and bought the Jan15 250c. Paid 1.26.
I've had this fib fan on the TSLA chart for a long time, and I just thought it was interesting that, this morning, TSLA is opening right at the "one" fib resistance. (TSLA at 852 premarket). I'm not trading based on this. TSLA is a fun stock and I'm just curious what happens, since the levels have been somewhat useful. Basically, I'm guessing, the 850 level holds today.
IRBT should reach recent highs, then possibly more.
SPOT should resume higher. Target 340-345 area.