$ULI like where this sits on the daily. We may be gaining some momentum long term even with uncertainty in the market. In my opinion, $UL is not a failing company and customers still use their products for daily needs. I believe this here is a discount from its previous high. Let's see how much price can retrace the most recent high. Last time price was in this area was march of last year. How ironic....
What do you think?
"Dying to Live"
Calls
My last post one week ago was EXACTLY correct. I predicted everything nearly perfectly to my surprise.
I said we would probably either have a pump or a major dump. Not only did we majorly dump right before the pump, but the pump was with in my time frame and just barely broke over my designated price target.
I hope you all cash out in the morning.
Good luck apes!!!!
LFG!!!
AMC testing on the BOLLINGER The BOLL seems to be a super good way of finding potential areas of where price is and can go too. Right now it’s testing the Middle BOLL on the 1D and could get rejected or make its way to that upper band. With multiple green candles trickling up on the daily. It’s likely to see that move to that upper band level before coming back down to the lower on the 1D.
Clovis Oncology CLVS Option CallsBased on my research, I think that the $3 strike price expiring July 15, with the price of $0.21 or lower is what I would pick right now.
As you know, the OTM options can be profitable even if they don`t reach the strike price.
If the stock moves closer to the strike price after you enter the trade, or if there is a rapid increase in Implied Volatility, you can sell the option for a profit.
My personal goal is to transform $10k into $1Million from options trading.
Thank you for viewing my out of the money option calls and puts ideas!
Is BTC Going To 70k By EOY? Here's What I think. Good afternoon traders, I hope everybody's week is off to a good start!
So, I was perusing around the markets looking for my next play and I came across BTC's weekly chart and I couldn't ignore this gem. I think that we are sitting in the short term bottom of BTC and that it's very likely that we will see another rally into the end of the year. That being said, I know that the markets are crazy right now due to recent events, inflation, etc. However, from a pure TA standpoint I think that this is an absolute layup when partnered with BTC backed stocks such as $MSTR and my personal favorite $RIOT. We can see that we are beginning to cup in the weekly and hovering around our established support levels (typically indicative of an incoming uptrend and EMA cross).The circles on the RSI highlight a pattern that I've noticed. As you can see the last 3 times RSI entered this level it rallied the following days / weeks. Could be a coincidence but I figured I would explain my thought process.
I've noticed that $RIOT tends to almost always correlate very closely with BTC's movements even on a daily basis and we could grand slam some cheap calls down the road with them if we can see a similar pump to what we saw in Feb. - Mar. 2021.
I will be looking to load up on cheap OTM calls on both of these stocks both within the Jan 20th 2023 options chain. (This is my opinion only, not financial advice. DON'T copy me)
Thank you guys for all the support so far, and let me know if you'd like to see more of my ideas within the crypto space as well.
-Flippa.
Bank nifty long position Hi Everyone.....
Here are some important levels of #BankNifty
#Banknifty is bullish above the level of 34900-35000, if banknifty break 35000 level and sustain above the level then banknifty's next level is 35500
Today's Trade
1. If banknifty break the levels of 35000 then go for the CE, the target up to 35500
2. If banknifty go below the levels of 34300 then go for the PE, targets is 34000..
Wait for confirmation...))
This will likely happen in my opinionRead how I feel about this in my other posts. I’d say we’ve got about 1-2 years left of the fight, if not longer. Don’t gamble on weeklies, however I am not saying don’t buy contracts. Huge misconception, calls can gamma ramp, but also drop the stock heavy when they expire worthless.
We need another gamma ramp for the next huge moon, that’s my full opinion after everything I know. I seriously don’t think the next “squeeze” will even happen unless we have a gamma ramp. We’ve gotta ramp into the squeeze on this.
Everyone keep thinking it’ll come out of no where. No tf it wont? Did the first one ever “come out of no where” no.. no it absolutely did not. Leading up to the first squeeze we were having green weeks for months. Then for DAYSSSS GameStop get getting squeezy in after hours and premarket trading.
Again.. this isn’t financial advice for anyone. This is what I’m observing and the decisions I would personally game.
CantStop. WontStop. GameStop
AAPL Weekly Option Swing TradeTECHNICAL:
- Symmetrical Triangle Formation
- Wait for breakout or enter now ( higher risk )
- Double Bottom Formation
- Bullish
- MACD Cross
- RSI low
- More room for volatility
NEWS RELATED:
- Ukraine & Russia will be having a discussion (positive)
- Market may relax w/ panic selling
- War may calm down soon
THE PLAY:
- March 04 Calls
- Monthly Long Calls
- im new to charting so please critique me :)
Are PYPL Leap Contracts Free Money Right Now?What's going on fellow traders, hope everybody enjoyed their long weekend. I just wanted to drop this here and see what your thoughts are on what I believe to be a no brainer.
As you've probably noticed, $PYPL has had an insane sell off that's been ongoing for what feels like an eternity at this point. Historically, you can see that there has been pretty solid support at the $100 level since the summer of 2018. That being said, given today's market conditions I wouldn't be surprised if $PYPL gets bullied a bit more subsequently dipping into the sub -10 RSI level. I believe pretty much any more selling pressure in the next 1-2 weeks could force the stock back into the high $80s mid $90s. From there it should be completely bottomed out and a fantastic time to load up on leaps as close to the money as possible. I'll be waiting to see if we can get in at an even bigger discount and will be targeting contracts within the <$95 zone and as soon as Oct 21 to Sep. 15, 2023.
The yellow drawn in trend line represents a rough trajectory of the price that I could see happening if $100 support is cracked. (just a guess)
Let me know what you guys think, and please send me any of your own picks that you like.
- Premium Flippa
#SMH and all semi plays#SMH is seeing increased bullish volume ( blueish nodes ) compared to bearish volume ( orange nodes ) on the volume profile sitting on a great spot ontop of a volume shelf with plenty of room to push to the top side if we can keep this trend so far don't dive into plays in current market ease into them to manage your risk as best as possible
Leaps On SQ - Apple BS NarrativeBuying SQ right here right now for big discount, I haven’t even checked I just know it’s cheap and the indicators look good for a potential bottom. I’m looking to buy 6 month and 12 month calls out of the money. The 4 hour has flipped bullish and daily is close, markets could see a nice bounce here over this week and next week before we resume a plunge to the abyss. I’m gonna start averaging in one call a week or every 2 weeks and maybe even play a few shorter term higher risk calls.