Looking like a double bottom forming. probably run up to earnings and after
lyft looking to breakout. probably pull back and see a breakout next monday. looking good
price target still the same. after a couple more candles looks like an inverse head and shoulders. already in a call. we shall see how earnings play out :)
EASY MONEY. Take the opportunity in the sell off tomorrow.
AMD volume dying down for the week. Might being seeing some fall back but need a couple more candles. Been trading sideways. Looking like another double bottom is going to form and then run from 48 to its breakout during earnings. Will monitor.
looking like it fell out of the uptrend. Would wait for a couple more candles but earnings probably amazing
PEP beat earnings today. Looks like a bull flag has been in the works or it's just in the channel. Would buy after it holds above 36. 140c is what I am going for. Tried today but again, covid scare sent everything into the shitter.
SPY. In regards to the SPY it’s been in an uptrend. It fell out last week but was able to recover. Looked like we were going to highs again but the covid news and CA shut down of some places (gym, theater, indoor restaurants) spooked the investors. I don’t think this is the end but we are slowly moving towards it. My advice is to pick up some PUTS as a hedge and...
MSFT is still 220 PT. Earnings next week. Sold off with everything but still in it’s channel. Nasdaq has been running all week but the covid news was the straw on the camel's back i guess. Held 207 support. I exited my positions, will probably re enter positions this week towards Friday. RSI also shows oversold. Previous patterns show MSFT is bullish following an...
MCD is next. Ronal fucking mcdonald dude. Perfect breakout and catch. Right out of a bull flag BUT now it’s back in it’s triangle. PT is still 200. Calls we have are for August so will see what the rest of the week brings. Contract down a bit but we’ve got some time. For those who missed out we could be seeing better buying opportunity. Looking at the chart again...
LEN call PT is 72. I have a call for 69 out on the 24th. Was a beauty. Broke out but again the news kinda ruined the run. Didn’t sell. Theta wont ruin it. Held that 62 support very nicely so that’s good. Will monitor throughout the rest of the week. Was going off the double bottom to bull flag. Will alert if losses need to be cut.
JNJ is next. Entered this at .59. Down 8$. Should have a nice run up during the week for running. The good thing is that the call is for 7/24 so theta won't crush us. PT is 157. Closed above the resistance and looks like it's ready to break out of its down trend. Will sell for profit Wednesday. Don’t want to hold through earnings.
Up first we got FB. FB calls from 250 were in the money today. If you were able to join me in the 350c 7/17 you should,ve made at least a 250 return. Although we were ITM, FB found resistance at 249. As of right now that is the 4th time FB tried breaking out. Volume is slowing down so we could see some pullback into this week unless some news breaks. Be aware...
idk who is buying this fucking stock but yeah buy it up now i guess. Double bottom looking like it's forming
Sorry yall, the dip is probably over. If you have puts, run or take profit. CUP N HANDLE on the 1D chart as well as an engulfing bullish candle at the end of week 7/10. Bounced off the 5.8 line. Gaps needing some filling. Very small but an easy call imo. 8$ calls are stupid cheap. Might have to load up and take advantage of the possible bull run. BRONCO gets...