CALL
UPS Long: Option PlayBroke ATH, good entry on close over 217.5.
Using A call debit spread, because profits are always limited by time.
Call Debit Spread
Levels on Chart
SL < 217.5
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
11/12 220C
SELL
11/12 235C
R/R & Breakevens vary on fill.
The long call is placed ATM for higher chance of profit,
The short call is placed 3 standard deviations away.
Manage Risk
Only invest what you are willing to lose
$AAPL | WEEKLY WATCHLIST 10/25Looking for a local top rejection here to cap off the wave 3 move. Ideally, we see a pullback and bounce into my buy zone between $139.82-149.11. I will look to start averaging into a swing position from there.
Daily close above $150 is crucial for taking Apple up on it's next leg upwards.
USDT.D - BTC/USDT Correlation: Machine's Wisdom or Coding Error?Trading Neural Network finds correlation:
Pumping USDT Dominance (USDT.D) = Dumping BTC Price (BTC/USDT).
Machine's Wisdom?
Or a Coding Error to be fixed?
Linear Regression wedges forecast high USDT.D.
AI predicts Bullish Wedges on USDT.D.
If the correlation is true, BTC could crash.
Chart Pattern matching finds correlating Bearish Wedges.
The latter is on the BTC/USDT chart.
Machine learning made a good call on JUV.
See RELATED IDEAS.
Is it luck?
Or bots beat humans in trading?
NNMF* translates the machine's call into the TradingView idea:
USDT.D up.
BTC/USDT down.
So, we marked the post neutral.
No human supervision.
Trade with caution.
*Non-negative matrix factorization translates machine
Market Alpha - QQQ Searching for RealityEven with everyone following tik tok and social influencer trade ideas, there are still market technicals that will prove superior.
Make sure you guys have this chart in mind when taking longs at all time highs.
Profit taking can quickly turn into a more dramatic drop as demonstrated by this chart. NASDAQ:QQQ
DAY/SWING TRADE BABATHIS IS NOT A FINANCIAL ADVISE.
TRADING IS ALWAYS RISKY. THIS IS DAY/SWING PLAY FOR OPTIONS.
PT IS $149.50. GET OUT THERE DONT WAIT.
I know a lot of people will not understand the analysis. But this is my analysis of BABA. Hope this will help you. I DON'T USE ANY INDICATOR OTHER THAN VOL.
ALWAYS PLAY IN THE MONEY.
$PLTR Cal Heavy Call Put SpreadThis chart and play was entered during that circle, however we did not publish it in time.