above 123 129-131 possible intraday idea only valid if market green/positive 2morrow #optionstrading #options #daytrading #tradeideas #stockmarket
NO long bias in most names unless $SPY over 462, a gap up hitting resistance (pull up daily) but OVER that 470+ possible end of week #optionstrading #options #daytrading #tradeideas #stockmarket
Getting buy signals and very bullish momentum on every chart here. The S&P has potentially completed a zigzag starting at the highs. This zigzag does not tell us much about where price is heading but we should be up from here. It could just partial retrace and get a b-wave, or it could full retrace and make new all time highs. Either way this will probably go back...
Looking for 30% retracement on a company that may be being financed to keep them afloat as a new growth company and is still working towards being profitable. I like this company alot. However, I want to see if a W pattern is being formed and they are also negative cashflow and net income. January 4th - 27th could be a pattern match at some point before...
I'm long WOOF calls . As a frenchie owner (his name is Frisco hence my trading name), I know the amount of $ people are willing to spend on their pets. But also technically speaking, WOOF is coming out of a nice rounded bases and breaking out today. With that huge gap above needed to be filled, this looks like a good R/R long trade, aiming for $24. Don't be...
I wound not go long. no volume backing up the last two weeks +58%. still in falling trend (green channel)
Dow Jones (DJI) broke today above its 1D MA200 (orange trend-line) for the first time since February 16. However, as the Ukraine-Russia war isn't yet over, this rally will seek reassurances from this week's high impact macro-economic reports, namely Wednesday's GDP and Friday's Nonfarm Payrolls. If the index closes a 1D candle above Resistance 1 (35150) then the...
Etsy has been a phenomenal stock and its been on a very nice downtrend since its top in November. LTF chart printing a lovely diamond bottom. Wait for breakout upwards or buy on next sign of weakness. RSI coming into bullish territory. AO showing low volatility so a big move is on the way. Resistance @ .382 (162.65) 2YR/10YR spread close to inverting, keep...
-Downward Channel so buying low and selling high with confirmation on lower timeframes make the most sense. -With price in the middle of the range = stay away.
ULTRACEMCO - Inverted pennant breakout Good volume flow today. One can go long with a strict SL of today's low. Expected targets - 6655 & 6800.
We can see the price touch the horizontal resistance and 200 EMA. Stochastic oscillator shows overbought market conditions. Therefore, we are expecting the price to drop and make another lower low, however we recommend taking profit at 12,71 $ . Invalidation above 19,60 $
A long-term bear market is ahead. Almost all indexes are to loose 70-80% from their highs. Would not be surprised to see DJIA breaking 15k level this year. Hedges are strongly recommended here.
I was stopped out of a short yesterday after a vicious countertrend rally. Volume is declining so we can expect the market to pullback. If we see a strong decline this week back into the channel that seems to be developing, I will open another short. If we see strong close on above average volume from here, the bearish case is weakened and we may test the highs....
Today I will share my view on Cathie Wood's ETF and the pending setup I have. * The main structure of the current situation is the yellow descending channel , where we have been observing several contacts there. * The confirmation for me to start thinking about bullish opportunities happened when the inner descending channel was broken. * After that, I...
Stocks appear to be back in raging bull mode as the market appears to have fully digested the Federal Reserve rate hike plans, and Ukrainian ceasefire talks may also be contributing to a cheerier outlook. We have hit 4580, which was our previous target, and a relative high that had given the S&P 500 issues in the past. We are on the cusp of a vacuum zone to...
Hello Everyone, Nasdaq has had a strong bullish rally over the last couple weeks. As we approach the end of the month, we are now approaching the bullish channel centre trendline which is also previous month highs where price will most like reach and then fall. I expect prices to reach 15268 area by end of today/tomorrow. From there price will come down to...