SMA 20 complements by SMA 200The SMA 200 is used in daily charts and 15 minutes intraday charts. Stocks with SMA 20 (drop) represents a good starting point to be sold.
Apple alert this clear signal, stay tuned for the next moves in the price ... forewarned!
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Put
LYB - Short from current position to 30 areaLYB breaking down from a head & shoulder formation in short term & it has lot of insider selling from key investor. In long term it formed a descending triangle.
Now it had its earning released today & in reaction it did decline a bit, so we think it will decline breaking the triangle formation.
To trade LYB we would consider $80 March Puts (6.2)
You can check our detailed analysis on LYB in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 7:45"
Trade Status: Pending
Selling Puts in Gold to take advantage of a possible pullbackGold looks like is losing momentum from the big move down. Its flirting to break the 20EMA on 4hr and we are over extended on the daily. Looking to take advantage of a correction I will be adding to my other positions by selling the 1230 PUT for $1,100.
As long as the price continue to be above 1230 by November 23rd we keep the full Credit.
Break even @ 1219.2
Probability of profit 74.5%
DNKN- Short from 45.87 to 35.37DNKN broken down most recently formed upward channel. It also had a rising wedge formation which also broken down.
It also has longer term channel formation & downtrend support where it can come down. So we are looking for a longer term target of 35.37
On the option side we would $45 March puts
You can check our detailed analysis on DNKN in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 10:40"
Trade Status: Pending
QSR - short if it reaches to $44 area & show weakness. QSR seems forming a head & shoulder formation. It crossed down MA 50 & 1000, and moneyflow is down to the negative side. WE think it can decline to 37 or lower.
For ideal trade entry we would like to reach to 44 area to make its next shoulder formation & decline from there. For trade we would consider Jan/April 45 puts when it reach to $44 area.
You can check our detailed analysis on QSR in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 9:30"
Trade Status: Pending
PLAY - Short at the break of 39.43 to as low as 28PLAY is forming a potential head & shoulder. It is rolling over & moneyflow is rolling over too. It also had insider selling recently.
It has good potential to go down from here to 28 area, and for short we have very good risk-reward ration over 5:1.
For trade we are also considering $40 January puts.
You can check our detailed analysis on PLAY in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 1:45"
Trade Status: Pending
OAS- Short at the break of 11.09 to 7.63OAS seems forming a rising wedge formation & its breakdown support recently. Moneyflow was diverging & now crossed to the negative side.
If it breakdown the wedge formation It has potential to go down all the way to 7.5 area.
We are also considering $11 January-2017 Puts, last traded for $1.15
EBAY- Earnings play- $31 October puts EBAY looks very bearish after a nice run. Price crossed below MA 50 & huge divergence in moneyflow.
It had quite a bit of selling in August at $30 level, and price to earning ratio is high at 18.9 . So we think it will decline with the earnings report.
For earnings play we would consider $31 October puts, last traded for $0.89
You can check our detailed analysis on EBAY in the trading room/ Executive summary link here-
www.screencast.com
Time Span: 22:30"
Trade Status: Pending
Trade suggestion date:
JNPR- Short at the break of 22.37 JNPR is breaking down from an upward channel. It is looking a good short as It declined below all the EMA lines, and moneyflow is in the negative side.
On the option side we are looking for $22 January puts
You can check our detailed analysis on JNPR in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 4:20"
Trade Status: Pending
STX- Strath took $32 January Puts STX seems breaking down sharply in the context of global economical slowdown & related industry weakness & sells contraction.
In the technical side STX breaking down from a rising wedge formation, and rising wedge target will be around 30
For trade Strath took $32 January puts, traded for $1.85
You can check our detailed analysis on STX in the trading room/ Executive summary link here-
www.screencast.com
Time Span: 14:50"
Trade Status: Pending
URI- We are looking for $75 December putURI running within a rising wedge & rolling over to the down side. Moneyflow has strong neg-divergence, and there was a insider selling in September.
So we think it will decline from here breaking down the wedge formation.
For trade we are looking for $75 December put ( Strath already in) last traded for $3.70
You can check our detailed analysis on URI in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 2:45"
Trade Status: Option trade running
RUT Put Calendar (Volatility Play)With the moved down in volatility the last couple of days and RVX (Russell Volatility Index) almost at the year lows a Put calendar seems like a pretty safe bet. I will be buying the Nov 1230 Put and selling the Oct 1230 Put. Looking to close it early as soon as we get a volatility spike.
FAST is slowly decliningHaving just flashed a sell signal, FAST is about to hit the top of the trend channel. Earnings may finally be the catalyst for this next move down. If FAST holds to the trend, upon hitting resistance, the next stop could be below 39.00.
The safest bet is a drop to around 40.00 as this has been recent support. The triple stochastic indicator has been pretty accurate at finding changes in the stock and appears to be right on course with the most recent signal.
SPG - Short from current price to 182 SPG breaking down a upward channel & could not show upward strength recently. Also a lot of insider selling in the Retail REIT sector.
We think it will break down now & our target is $182
On the option side we are looking for Jan2017 $210 put which trading for $10
You can check our detailed analysis on SPG in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 16:45"
Trade Status: Pending
SNX - Short from 100.93 to 84.SNX is forming a head & shoulder. It has build downward momentum & also has fundamental weakness as well.
We think it will fall down to 84 level.
For the option trade we are looking for Dec $105 put which traded for $7.2
You can check our detailed analysis on SNX in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 13.45"
Trade Status: Pending
PII - Short from current label Overall bearish momentum for mid to small retailers as Big retailers like Amazon & Walmart are killing them. We think PII is a $55 stock trading at $75 & it will break down now.
Overall bearish momentum for mid to small retailers as Big retailers like Amazon & Walmart are killing them. We think PII is a $55 stock trading at $75 & it will break down now.