LYB 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...
AVY forming a potential flag formation. Moneyflow is deep on the negative side. Break below 68 will be confirmation of the flag breakout. You can check our detailed analysis on AVY in the trading room/ Executive summary link here- www.youtube.com Time Span: 6:50" Trade Status: Pending --------------------
ATVI started to breakdown from the upward channel. It has significant moneyflow divergence & moneyflow started to breakdown to the negative side. It has longer term downward potential to 28.13 Need to be aware of earnings on November 3rd for stock play, and for option play we are looking for $44 May Puts - $3.95 You can check our detailed analysis on ATVI in...
SPY seems a very good intraday shorting opportunity as it broke the support & now retesting it from beneath. Now if it rises a bit to EMA 9 & reverse in hourly frame we can take a short. You can check our detailed analysis on SPY in the trading room/ Executive summary link here- www.screencast.com Time Span: 24:00" Trade Status: Pending
UVXY got some upward momentum & declined a bit hitting double head resistance, but it has very good upside potential. So we are looking for a re-entry opportunity if it adjust down to 17 area. You can check our detailed analysis on UVXY in the trading room/ Executive summary link here- www.screencast.com Time Span: 46" Trade Status: Pending
BZQ looking interesting as it seems forming a fallen angel pattern. It crossed above EMA lines with high volume. We think it will go up now & our first target is 20.50 area. You can check our detailed analysis on BZQ in the trading room/ Executive summary link here- www.screencast.com Time Span: 35" Trade Status: Pending
HL running within a downward channel, if it can break it up we think it will easily go to 7 area. You can check our detailed analysis on HL in the trading room/ Executive summary link here- www.youtube.com Time Span: 4:10" Trade Status: Pending
XAUUSD/GOLD seems breaking out the 161 EMA line, crucial support/resistance we follow to determine GOLD's overall trend. If it can break up we will take a long. You can check our detailed analysis on XAUUSD/GOLD in the trading room/ Executive summary link here- www.youtube.com Time Span: 4:10" Trade Status: Pending
CTRP is breaking down from an upward channel. Moneyflow was diverging & now broken down to the negative side. We think it will decline to 41 area. Just to be cautious it has huge 41.2% short float, so if has good chance to be on short-cover rally. You can check our detailed analysis on CTRP in the trading room/ Executive summary link...
DNKN 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/...
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...
HAIN is forming a fallen angel formation. After a huge decline it is showing some upward momentum as EMA lines crossed upward & it crossed above MA50. WE think it will go up from here & at least touch gap-down resistance around 40 You can check our detailed analysis on HAIN in the trading room/ Executive summary link here- www.youtube.com Time Span: 3:15" Trade...
PLAY 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...
OAS 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
KBH is also from our last weeks trading room discussion, Part of homebuilders industry which has big selling and high p/e ratios. As discussed it is continuing to breakdown. It crossed down SMA50 & MA100, moneyflow deep in the down & seems breaking down from a complex head & shoulder formation. We are looking to short at the break of 14.83 You can check our...
KBH It crossed down SMA50 & MA100, moneyflow deep in the down & seems breaking down from a complex head & shoulder formation.
CXRX adjusted downward after a huge 30% surge on Friday with huge volume. Now it seems getting ready for another upward run. We would like to Long if it breaks above 4.27 & our target is 4.56 & 4.83 You can check our detailed analysis on CXRX in the trading room/ Executive summary link here- www.youtube.com Time Span: 6:45" Trade Status: Pending
EDIT formed a fallen angel formation & showing strong upward momentum. It had a good run after we suggested in trading room last week. Now we are looking for a second entry if it pull back to 15.83 or break 16.44 You can check our detailed analysis on EDIT in the trading room/ Executive summary link here- www.youtube.com Time Span: 6:00" Trade Status: Pending