Elf dumped on earnings tonight and I have been watching the company for a while. This seems overblown and looks to have formed a macro triple bottom. My setup here was aftermarket spot entry. My plan: Depending on how fast this pivots the PT1= 98$ PT2=108$
Hims just completed a 5th way as it bursted through the demand zone. I sold calls around these levels for a reason. I believe a huge dump is coming and that this was a short squeeze. I am VERY bullish on hims long term but this is textbook overheated. A 65% move in such a short amount of time is likely to produce from selling.
TA Wise: We see a trend line forming alongside a very bumpy ride. Stochastic RSI has reset and BBWP remains elevated. A strong pullback to the golden pocket has occurred with a huge bounce as buyers stepped in to maintain the trend. This stock has garnered attention lately with the NVDA partnership. A great think was the GAP that was created on the china Fud....
Bitcoin is pushing into the all-time-high demand zone here. A wedge breakout that was verified on a retest. Stochastic RSI is open, and BBWP had a nice rest. The more wicks that test this zone, the more supply that gets eaten. We are setup for a breakout here. Jan is closing bullish and Feb will be very strong. My bearish target is 120k. More bullish we fly past...
Hims pushes the supply zone on a bullish technical setup. The stochastic has become overheated on the daily and I have sold covered calls here as well as rolling my underwater section of covered calls. I do not believe we go much further. I expect a nice pullback here, BBWP is heating up as well. What is interesting is that the weekly stochastic just started to...
Hims cranked into the supply recently and maintained a bullish posture. There is possibly a new demand zone forming at the most recent small bodied red candle. This would push up the supply zone to the swing high large bodied candle. I marked both candles accordingly. I will try to keep the daily chart updated since this is great for selling 1-3 week options. I...
Hood has had an amazing run so far. If you look back we have a previous 5 wave move on the weekly with a healthy correction. Despite BTC bullishness hood is primed for a correction here. There is a possibility that the 5th wave moves further. BBWP and stochastic momentum cannot stay this high forever. The stock remains very far from moving averages as well. My...
Hims just hit the supply zone on a very bullish market. This is usually where I sell covered calls, or if in a spot trade sell shares. I sold covered calls today and have been layering up as the stock pumps. This is one of my largest holdings. It will be a battle for the stock to take this red box with conviction on short notice but anything is possible. My...
NVO has been getting absolutely slaughtered lately, I cannot help but be more bullish than ever on this. The stock falls deeper into the long-term demand zone. Stocks usually bottom on bad news, this is the market pricing the stock in as more and more bad news comes down the road. A final blow is given, and the market realizes the fundamentals do not match the...
Trumps media company just bought 20 million in Eth. His memecoin is raging which caused a Sol pump, and ETH has been lagging the market. I expect a major Ethereum rally here, this was all planned. Note a bottomed stochastic RSI, a cooled off BBWP. The weekly chart has a lot of room to run. This last candle created a higher high and low. My plan: I entered now...
Unfortunately right after my large entry the market got crushed by a jobs report. This is a benefit of not using leverage, although this trade is on margin, my interest rate is low, and its spot only in an account that has buying power. Since this is a weekly chart we have to evaluate weekly candles, the daily got fairly bearish. This is also why you need a plan...
XRP is showing a simple bull flag on this pump, with the positive crypto narrative I believe this will break to the upside next week. My target for the next month or two is 4.35
This chart reminds me of TSLA so much it hurts. A multi month correction forming a massive wedge. Do I care about the fundamentals of this robotic company that serves walmart warehouses? no. Does it fit a narrative that draws attention yes. A bottomed stochastic RSI is noted with a falling BBWP. This chart has 16 attempts at breaking the resistance on the weekly,...
I just entered this trade pre-market, Bitcoin is too bullish, we had the capitulation, now I am looking to make a 30-50% trade on Mara. Note a bottomed stochastic RSI and a heating up BBWP. The time is now. Risk to reward here is 4.28, these are the trades we take My plan: I bought shares pre-market, a little over 10k worth PT 1=24$ PT2=30$
Hims is about to break this descending wedge, and I have marked the supply and demand zones I will be utilizing for this setup. I have added ~ 1000 shares recently and plan on continuing to sell puts and calls. We had a nice reset on the weekly for volatility and momentum. I am VERY bullish since CPI was good as well. My plan: When we approach the demand zone...
I expect the QQQ to slow and major overheated stocks to continue to bleed for a while longer. The entire market does not need to correct for ETFs to drop. Hot stocks like TSLA, PLTR, AMD and more can easily bring us to this demand zone for a bounce. I think we have a boring few weeks with a feb/march rally. My plan: Continue to focus on buying value at a fair price
BTC finally had that downside wick I've been waiting for, and on the exact day I have been planning for. This downside wick and heavy lift and support afterwards should be the final flush out. Many professional traders were just washed out in the whip saw price action we have seen. I would be very surprised if this was not the monthly low here. My upside target is...
This is actually pretty insane to look at, this bull flag is text book, and multi month. What does this tell us about the markets for 2026? Are we really getting a whole market pump?