NIO ShortTechnical Analysis behind my short position on NIO. I have been watching this triangle channel for a while now and with this last week, it appears it has strongly broken out of that candle. Before entering a position I am waiting for it to retest the bottom support of the triangle.
Just speculation :)
Options
AAPL shortWith the US stock market appearing to be in a pullback, there are plenty of reasons to be bearish right now.
Based solely on TECHNICAL ANALYSIS, I remain bearish. AAPL is showing a clear head and shoulders bear pattern. Head and shoulders is, in my opinion, one of the most reliable price movement indicators.
Just speculation (:
Comcast long after earnings - Part 2NASDAQ:CMCSA tanked on earnings down to a clear Support level; the 2019/2020 highs and the 50% Retracement of the COVID to recent ATH.
I am being exceptionally patient with entry. I want IV to fall a little more post earnings and then get long via the June 55 Calls.
ERIC 5G METAVERSEERIC is gapped up this morning, got filled yesterday during the downturn at a ridiculously low bid, & was up well before market close. As you can see the daily chart is what's used, it was easy to see the turning point on volume looking for swing trade type positions. ERIC is expected to give earnings today & is expected be positive. ERIC has huge upside potential as a Metaverse 5G play. Its low price and huge infrastructure make it perfect to capture the developing metaverse market. Ericsson may not be a "leading" metaverse brand like Facebook, but it's going to grow in the background as it provides the actual bandwidth for the metaverse. This is called the picks & shovels method. Watch this space for MACRO & supply chain plays. Please like & share this post if you want more content like this. *NFA, DYOR Please check the ERIC prospectus before investing real funds*
Trading Options - CALL optionsIt is my logic to trade options, CALL option
Steps:
Crawl options data to get "date change" every day
I will focus on the third expiration, ex: this week 01/07/2022 then expiration to trade: 01/21/2022
I will alert as overchange of 5 days of any strike over +150% then I will follow this one
Setting up indicators: EMA5, EMA10. If price > EMA5 and EMA5 cross up EMA10 then I will CALL
I tried and won some cases.
The above logic is an example very simple to trading CALL options.