Looking at the SPB Spectrum Brands Holdings options chain ahead of earnings , I would buy the $70 strike price Calls with 2023-7-21 expiration date for about $6.60 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your opinion about it.
Using a strange but beautiful indicator which i have built. I call it "Traders Voice". The indicator uses High/Low pivots to translate traders decisions into a beautiful vocal spectrum. If interested in the indicator write me below.
Mapping the price in H4: Some rules to understand the strategy: - shade of red trends = primary (the black one are secondary trends) - Redish trends is primary as medium investors are arbitring short/long term investors decisions. Div: Trend vs demand/supply -Ascending trends with red cloud is most likely tested twice before break up. -Descending trends with...
Mapping the price in H1: Some rules to understand the strategy: - shade of red trends = primary (the black one are secondary trends) - Redish trends is primary as medium investors are arbitring short/long term investors decisions. Div: Trend vs demand/supply -Ascending trends with red cloud is most likely tested twice before break up. -Descending trends with...
Mapping the price in H1: Some rules to understand the strategy: - shade of red trends = primary (the black one are secondary trends) - Redish trends is primary as medium investors are arbitring short/long term investors decisions. Div: Trend vs demand/supply -Ascending trends with red cloud is most likely tested twice before break up. -Descending trends with...
I wouldn't fomo here.
Short as per Chart. Distribute your bag in three long in the demand area till the next support in the green cloud. Put a tight SL 3% below this trend, wait for new start.
3 long target: - Top of demand area - Ascending daily medium term investors trend support - Ascending weekly medium term investors trend support Safety first: Set up a Sl as per chart Gl
Observation: - Beautiful Black Swan: Thx Opep - Break of the primary monthly medium term investors ascending trend - Yeah the monthly one :/ - Break of the secondary monthly long term investors ascending trend with no respect for the demand cloud. - No demand/supply area clearly identified. - Price hold by virtual selffullfilling supports/Resistances. From the...
Observation: - Price ''sleeping'' above the weekly support medium term investors. Advice: => If the weekly closure is below this trend: Open a Short then: Entry1: Top of the supply area (the green cloud of the next trend). Entry2: The trend of an higher cycle. Gl
Observation: For the moment the price hold secondary short term investors ascending trend: Which is a good indicator regarding the current blood bath. => But If this things turns bad with the market, you will have to have a look on the medium term investors weekly ascending trend closure. The condition of closure above will turn the price to the last demand...
Observation: - At the limit of breaking up the min15 medium term investors trend. If we close above in min15, next target is 7340$. - Huge gap between the clouds = No demand aera - In the other hand the resultant harmonics volume in sell was very low in the last cycle. Don't forget your SL set @ the last ascending trend level. Gl,
The simplest method..