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Longcall

SQ goin up. As you can see here, we are coming up on a demand zone area from back in March 2020. We are touching the bottom line of the Bollinger bands and the bands are opening up meaning there could be volatility for a big move. We are also oversold on the RSI as well. I would wait for a big move off of the band with high volume and target the upper Bollinger band. The analyst on TradingView and most of the recent ideas on here suggest we are going to make a reversal soon.
NYSE:SQLong
by OptionsMastery
Bounce from here?Going to keep this simple. TSLA Bounced multiple time off the .0786 and even though the more a support is tested the weaker it gets, i think going long with a stop under the wicks would be smart. NFA Love it or hate it, hit that thumbs up and share your thoughts below! Every day the charts provide new information. You have to adjust or get REKT. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only.
NASDAQ:TSLALong
by rnaofs
GME - back-test holds - bounce timeGME back-tested the recent break-out of the descending wedge and held/bounced during the Thursday/Friday trading sessions last week. Bullish. Price is also finding support on the 0.382 fib level here. This fib was important on the way down as GME held/bounced along it at least 3 times on the down wave, and this general price zone has been important for this equity post sneeze providing significant support & resistance. Firefly (AFL momentum /volatility indicator via Lazybear) is trending bullish (14/3 setting) and GMEs price has bounced up +10% or more at the +/-65 level on 3 prior runs - see indicator on chart. A little more AFL Firefly Info here: www.wisestocktrader.com Confirmation of a near-term bottom is supported via RSI 2 Strategy Lower Indicator (Chris Moody) which hit the short term buy signal on the daily last Friday. More information on this indicator is found in the community scripts on TV, where CM describes it as follows: T he RSI-2 Strategy is designed to use on Daily Bars, however it is a short term trading strategy. The average length of time in a trade is just over 2 days. But the results CRUSH the general market averages . My take is historically this indicator has not been a slam dunk for GME but has accurately identified several near-term bottoms including the decisive March 14th low and thankfully helped convince me to add several shares then at ~$88. Further, the 100-day MA is hovering around $140 level providing additional support for GME and is just below Friday's closing price of $146.xx. Spec paly = buy OTM call(s) in $155/$160 range on a "typical" AM price mash that takes GME down near 100-day MA with a fairly near term/cheaper exp. date and sell call on the anticipated bounce OR just buy/hold shares... Max pain currently listed as $145 for 4/14 and $132 on 4/22 - so much caution is warranted . maximum-pain.com Not financial advice.
NYSE:GMELong
by Akksujean
7
DHI ATH Break Weekly Options PlayDescription DHI's primary bull trend remains well-intact and has raced up after entering it's corrective intermediate down-trend beginning with setting its previous ATH in May. This is essentially a continuation play from the linked idea, when we played the break in the Descending Trend Channel, and gave the criteria for a new entry when the target was reached. Today's break and close over its previous ATH close indicates that supply is exhausted and DHI is primed to make new ATHs. Using Long Calls so as not to cap gains. Long Call Levels on Chart SL < 104.45 PT : No price target set for the ATH, looking for a sharp move and then to roll a percentage of profits to more OTM calls. *Stops based off underlying stock price, not mark to market loss The Trade BUY 12/17 106C R/R & Breakevens vary on fill. Manage Risk Only invest what you are willing to lose
NYSE:DHILong
by BarnardR
4
RBLX ATH Break Long Entry Weekly Options Play.Description RBLX had an unexpected earnings beat and gapped up ~30% AH. A break and hold over 100.68 will mean supply is exhausted and trigger a long. A close > 100.68 triggers a long. Using Call Debit Spread, because profit is always limited by time. Will look to enter at EOD. Call Debit Spread Tentative Levels on Chart SL is a daily close < 100.68. *Stops based off underlying stock price, not mark to market loss The Trade BUY 11/26 110C SELL 11/26 125C R/R & Break-evens vary on fill. Long Call is placed at 110 for reasonable debit on position. Short Call is placed at highest strike expiring EOM. Manage Risk Only invest what you are willing to lose
NYSE:RBLXLong
by BarnardR
2
Long TESLA before mini breakout at 700Telsa has been wanting to break 700 again for a while, and the TA is showing that the buyer volume just might have enough to make $TSLA pop. Why bullish momentum? RSI new high MACD cross over + bullish bar (keep an eye on this spot especially particularly to indicate bullish momentum) Hard VWAP bounce earlier July 700 has a pretty tough resistance, which is our first target R to break at the 128 day MA. Retesting could indicate that we break through to upper Rs including: 714, 723, 753, 780 (targets). I will 1/2 TP at 715 and see whether we get a wick indicating profit taking or if bullish momentum holds and new buyers firmly enter tesla. S/L roundabout 665. Note: I do short term holdings, no longer than 2 trading days max.
NASDAQ:TSLALong
by UnknownUnicorn11444931
1
CSCO - Unusual option activity10,467 CSCO 47 strike calls expiring Feb 19th 2021 were traded at 0.89 in a single print above open interest of 1,141. Since we don't have visibility to what the bid or ask price was when these calls were traded, we have to look at this from different perspectives. 1.) Call Buying - This could be interpreted as call buying since one could argue that CSCO is trying to fill the gap from back on 8/13/2020. Note that the horizontal line representing the 47 strike calls is near the lows on 8/12/2020 just before it gapped down the next day. 2.) Covered Calls - These calls could also be covered calls. CSCO has had a good run from November through present day. Perhaps these are sold calls to hedge against a correction in the stock price. Let's follow the stock and this option's pricing see what happens. REMEMBER: Reference to specific securities should not be construed as a recommendation to buy, sell or hold that security. Specific securities are mentioned for educational and informational purposes only. YouCanTrade is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations.
NASDAQ:CSCO
by UnknownUnicorn6775423