Buying Tesla at the bottom of the rangePicked up some NASDAQ:TSLA this morning on an opening spike down.
Spike
ASR/USDT Update after 200% Profit and hitting target at 10$Guys I hope you took profit at 10$ as it was our last resistance line.
The soccer market places are not liquid at all so we will see these kind of spikes.
We now look forward to crush the last resistance line. Afterwards we dive into price discovery mode.
Tell me what you think about it.
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Cheers
ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.
HIVE/USDT spiked and gave us >100%Hive spiked today and is currently retesting its previous last resistance.
I hope everybody took some profit.
Either Hive consolidates and will spike upwards are drop back to get some more momentum for the next run.
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Cheers
Picked up CDAYCaught a long at 10:00am off a spike in NYSE:CDAY . I like the long term retracement level it is holding and the lows that confirm it.
Added to LLYI am a long term investor in LLY for many years along with a swing trade turned into a long term hold from back in November. Today there was a nice pullback from the post-Earnings retracement for an addition.
Short term Short CFTook a half risk short position on CF this morning at a retracement level. As of writing it's hanging out above entry,
Post-earnings spike CEPicked up with a Limit around 1pm on CE off the post-earnings spike this morning.
ETHBTC SpikeYesterday BITFINEX:ETHBTC spiked out on the swing timeframes. So far it has held the key level of 0.04 but this could have been the key point of inflection.
Earnings spike: SLBThe volatile spike on earnings at a key retracement level on NYSE:SLB triggered a long setup to retest the high.
Nasdaq SpikeToday has been quite the interesting day with all of the Short Squeeze hypes playing out. The price action on the NASDAQ:QQQ did an attempt to break the ATH but at the moment seems to have been rejected on a volatile spike bar. It is worth taking a trade to play this short.
Short AMECan't see it on the Tradingview data but this morning NYSE:AME spiked out on the morning open for a short opportunity. The pattern also happens to match with an Ichimoku cloud pullback.
Worth a shot at these lows: ETHUSDA friend using one of my indicators clued me in on a 5m setup on BITSTAMP:ETHUSD . I cautioned him that right now is not a "your chance to YOLO double your money" territority... that was last year. Now is a "low risk"/"low leverage" time in the cycle. That being said it is worth a low risk play at this dip.
EL for the BeckyI got a signal yesterday on NYSE:EL which is a stock I've been looking to buy on a pullback for the $becky index. For those that don't know the $becky is a meme portfolio of "things white women buy." It's basically consumer products AKA consumer discretionary. I'm looking to play EL to about 259 and then a retest of the high and beyond
Rejection of the Triangle bottomIt looks like Bitcoin has rejected the bottom of the triangle formation I've talked about in recent ideas and videos. This rejection also coincided with a volatile spike bar signal.
It's a disaster: SRPTThe market teaches traders lessons every day... often times reinforcing them to seasoned traders like myself. I happened to have been in but was out of NASDAQ:SRPT before this disaster today. It's a reminder why you MUST take profits even if sometimes you feel the FOMO after you do...
PM 50%This week I've been watching my scans for signals that fit my strategy. I have not yet seen potential trades that fit my strategy; bullish nor bearish.
Today I got two signals that fit my criteria on NYSE:PM and NASDAQ:LRCX ; shorts. PM is looking to hold a 50% level. LRCX is setting up a potential double top. I'm not yet sure of the market sentiment coming into this year. Shorts in a bull market are obviously a low probability. These two are going to serve as test cases to watch from the sidelines. Depending on if they work or not I will have my first clue of 2021.
ridethemacro | EUR/NZD short Trade for the Week.Trade Analysis Based on Fundamentals & Price Action.
With Risk Management you will never loss.
Thank You
Like the setup on CMGI did a scan this morning of opportunities in stocks and found a setup I like in NYSE:CMG . It had a volatility spike on the open down to a 50% retracement that matches with past Daily price inflection. This could be the pullback for a retest of the high followed by a potential break.
I am personally passing on this trade just to stay flat going into the New Year with a fresh null value.
Almaden Minerals $AAU - Penny Stock Idea 💡 🚀This idea is based on my technical analysis only.
Do your research and trade on your own risk!
BABA Spike: Dead Cat Bounce?I've been watching NYSE:BABA over the past week as much hype has surrounded its recent fall. There has been a lot of bragging about profits made on the dip buy and if you've read my posts for long enough you know my cardinal rule, especially when it comes to options, is "if you're bragging, you should be taking profits!"
I'm not one to jump in just to be contrary but the stock price did exhibit a bearish spike at a major resistance this morning. This sets up a play back down to retest the recent low.
I did not like the Single options as they are volatility elevated so I went with a Vertical Put spread to express the trade.
