I believe HSIC is almost done consolidating. It's hard to tell on a weekly or daily chart , but I can see by Dec (but hopefully sooner) it should be ready for another move higher. I will have to look at a possible way to play this Wednesday.
It looks like TGNA should break the trendline. Maybe after re-testing the 20ma... or sooner. I bought the Apr14 $23c for .80
CELH looks like it could pop here, in my opinion. I'm looking for 113 as a first target and then maybe 120? The weekly chart especially shows some nice consolidation the past 6 weeks...
BA looks like it could show some strength. I'm looking for it to move above the trendline and challenge the 200ma / recent highs.
VRNS is testing resistance area near 20ma Bought the Dec17 60p for 2.30
ES is banging against the bottom of a long term uptrend. Usually there is some resistance on these setups. Sideways action at the least. I put this as a short, because while the market is still strong, is the best time to look for short related options plays.
I'll probably miss this trade since I'm out Monday and Tuesday, but I think it should move quickly (just a guess) at least to its previous highs. My plan would have been to sell around 70% at that point, then hold the rest for if it is able to resume to new highs, maybe after a little pause.
D looks like it has a short term rendezvous at the trendline. Judging by a monthly chart, it could eventually be much higher in six months... but that's out of my perspective.
LH is undeniably weakening. It's hard to tell where it will find support, but I don't think 250 is out of the question. Above the trendline would be a stop. Again, I'm just posting these charts today for fun - won't necessarily be trading them due to being away.
IQVA has a nice short setup. I would say it's recent lows are a high probability, and maybe it could go a little lower to its 200ma. I can imagine a possible scenario is that it might try to find support on it's Monthly chart at the 8ema (as it did two months ago). Just posting for fun - may not trade this myself since I'll be away early next week.
CLF looks to be moving lower, at least to test the VPOC 22.5 area. Then might weaken further... we'll see. I bought the Nov26 23p for 1.13
HXL looks to me like it will finally move above the resistance level established by the last two highs. Just posting this for fun, I might not be able to trade it since I'm out early next week.
ED should move higher, hopefully finding some resistance around it's August highs. Looking for 78-79 range in next two weeks.
I bought ASHR, but all these Chinese related names look like they are building a base to move higher from. I'd like to see it try to maintain the 20MA as some support, but if it doesn't, it's not a deal breaker. EEM has the best options, so I might be adding something from that eventually.
Nice move after earnings , which should continue. Not sure how much. Maybe to 500. I didn't really figure that part out yet.
NDAQ shows no sign of slowing down. It looks like momentum is there for a run to 115 and maybe 220.
MCD should find new highs soon, not far from where it is now. Looking for a bit of resistance after doing so, hopefully. Before the close, I bought the combo: -Bought Nov19 250c -Sold Nov05 255c -Sold Nov05 260c Trade cost: $1.35
I think CCL is firming up and might go for its 200ma or the trendline. Not a great trendline, but a good target range. I bought the Nov19 20c for 3.10