Algotrading
ALGO-Second Shot?Hey guys,
Be careful out there, these are tough market conditions but a lot complained about missing the opportunities back in March- don't make the same mistake again- always remember the bigger picture. Don't panic but stay safe.
Best
Bo Sukas
DeFi Signals
KRAKEN:ALGOUSD BINANCE:ALGOBTC BINANCE:ALGOUSDT KRAKEN:ALGOETH
⌨️ MSFT SCALP PLAN 🖱️ If you took a handful of positions, feel free to trim a few @Open to manage risk, do NOT let any trade go green to red.
LONG MSFT above 205.15-205.30
PT @209.35 and @211.5-212
Ideal PT @218.45
Conservative SL @202.15
Max SL @200.59
SHORT MSFT below 202
PT @200.15 and @199.52
Ideal PT @194.50-194
Conservative SL @204.75
Max SL @205.21
🤖 MU LONG 🤖MU is one of the few stocks that has been struggling on making the V-shaped recovery compared majority of it's peers in the tech industry. As we can see MU is back to it's consolidation range back from June-August.
Breaking above 51.30 and we'll retest 53.50-54.00 hard resistance. I picked up a few 52C 10/2 swings from yesterday and ended up trimming half for 30% and swinging the rest considering the amount of time we have and how MU's is setting up.
PT @51.90-52 and 52.60-52.75
Ideal PT @53.8-54.20
Conservative SL @50.55
Max SL @49.69
Look to Short MU and TP if MU fails to break over 51.50-51.60-51.75 minor resistance @Open today
🇫🇧 FB SHORT 🇫🇧Support Trend Line that held FB on it's bullish run since mid-march has been broken yesterday due to the Anti-Trust news/rumors sell off. Look to enter a half position on FB 9/25 PUTS if FB fail to hold over 255-256 or if it can't break and hold over 261-262.
PT @251-252 and 247.5-249
Ideal PT @241.5-242.25
Conservative SL @260.5-261
Max SL @264.10
Consider to pick up calls above 263-265 as I can see FB retesting 272-273 if we can hold above those levels.
💻 SE LONG 🖥️After pushing for yet another ATH @165.95 earlier this month, SE has been retracing back to the support trend line that has been holding since early May. Look for a clean break above 150.50-151 before picking up calls.
PT @158-159
Ideal PT @165-167 (ATH)
Conservative SL @145-146
Max SL @142-143
I would consider puts if SE fails to break or hold over 150.60 as I can see it pulling back to low 140's/high 130's
PT @146-146.5 then 143.5
Ideal PT @138-141.4
Conservative SL @151.80
Max SL @153.39