MannyTman

MannyTman Updated 

Currently AMD has formed a ascending triangle which can be seen by the higher highs and rejection around $69 in the 4hr, 1hr and 20 min time frames. Over all AMD's primary formation is a descending channel which is seen in the daily chart to the top right. We are nearing our lower trend line in the daily time frame so I am expecting a bounce if we reach the...

MannyTman

$69 is holding as a major resistance for AMD however there's a minor support near $64 on the 1hr chart if broken we head to $60

MannyTman

AMD Retested its previous Broadening Formation in the 1hr time frame we're SHORTTT!!! WITH $64 and $65 puts for 10/14/2022

MannyTman Updated 

NVDA has formed a descending channel on the daily time frame with a target of $120. There is currently a resistance at $135 and support around $128 once $128 is broken we will fall lower where I expect a bounce at $120. Play: Short if there's a break of $128.91 or a retest at $135 ;)

MannyTman Updated 

Apple it's resistance at $170 holding puts 1 week out target price $165

MannyTman Updated 

Spy rejected the upper trend line of the descending channel TIMBER!!! Puts 1 month out

MannyTman Updated 

TLT broke below support and is targeting $100-$101 Current play holding $106 puts for November

MannyTman Updated 

My play is as follows for the current ascending channel PBR has formed. 1. Puts at red trend line. 2. Calls at green trend line. 3. Puts once $16 is hit which is acting as the currently daily resistance

MannyTman Updated 

AMD rejected off the top of it's descending channel and should see further downside. Currently holding $90 puts target price $65 1-2 month swings

MannyTman Updated 

AMD has broken its support line and as a gap to fill to the downside which is our lower trend line of our descending channel. If we close below $71.60 down we go :) loaded up on October puts. HOWEVER, IF WE CLOSE ABOVE $71.60 WE MAY BOUNCE UPWARD!!!

MannyTman

QQQ is getting ready to retest its major support at $269.28 if we break below this point I see further downside. QQQ has formed a descending channel and has a target region of $225-$230 I'm currently looking into puts that are 30 days out and puts that are 60 days for swings once $269.28 is broken. IF AND ONLY IF $269.28 is broken $265 puts 30 to day 60...

MannyTman Updated 

Spy has ample downside with it's current descending channel and is now targeting its lower trend line Spy has potential to have a possible bounce at $390 After a break below $390 Spy will continue to fall Current play Spy puts 45 days out shorting pull backs

MannyTman Updated 

AMD is playing out as expected. I see further downside however, we need to close below $79.44. I secured some profits for my 9/2 puts for $90 strike price. My entry was 1.42 per contract sold for 8.45 per contract for a 595% gain (These contracts are still moving deeper into the money their worth over 700% now) . Still swinging 9/23 $85 puts entry was 3.10 per...

MannyTman Updated 

Shorting QQQ for puts 30 days out We might see a possible bounce at $290 to $300-305 region then see further downside. However, if we break $290 we'll continue to fall. Shorting on pull backs

MannyTman Updated 

Netflix has gaped down and broken two areas of support and has it's next major support in the $120-$130 region which is labeled in green. Netflix has also formed a descending broadening wedge in the daily time frame and as rejected from its upper trend line. Current play strike $210 puts Expiring 10/21

MannyTman

CAH is approaching a major resistance at $75 and is getting ready for a short opportunity. Play once $75-$76 region is reached $73 puts 3 weeks out

MannyTman

Since the last post AMD has continued to drop to our lower trend line of it's current descending channel. With a current target price of $65 with puts dated for Sep 23th and October. Puts currently up over 300%

MannyTman

Disney hit the supply zone colored in red in the hour chart I'm currently holding puts for $122 target price $115