ArturoL

ArturoL Updated 

Well, huge inverted HS, the sky is the TP. SL under the blue line but it must be broken by a full weekly candle. Is goin to try the 25 resistance level (neck) soon.

ArturoL

Breaking down a the megaphone. SPY making ATH. Buy buy buy!!! at every pull back

ArturoL

Seems like 3.5 is a string demand area that pushes the price very hard to the upside. The last time was in Jan 2020. I don't think is going to explode above 30 but the next resistance is at 10. This is a high volatile stock, I bought calls exp 04/19 strike 5.5. If this breaks out will be massive.

ArturoL

Bought some calls exp 03/19 strike 509. Let's see if the support hold and the market doesn't crash. It has been bouncing back since the beginning of the year.

ArturoL Updated 

Double bottom apparently forming. Price is testing the 150 resistance but it doesn't want to go down, it keeps pushing it up. I think is going to try to break up the triangle again. Not sure if it's going to make it through at the second try but eventually it will.

ArturoL Updated 

Bulls are taking control on the price. I think we will see a massive break out in a few weeks. My SL is under the lowest of the current weekly candle an it triggers only if a red weekly candle breaks down the trendline. BTW the CSP on this instruments pay well. I just sold a lot of them exp 03/22 strike 26.5. You can just buy the stock too.

ArturoL

The support at 200 has been broken and confirmed in the monthly timeframe. Now bears are going after the 165 support (neck) level. We will see a lot of bouncing and pull backs. If it loses the 165 the only thing that can prevent a total collapse is the uptrend line. Also the 100 level is very strong. But doesn't look good in long term. I might take advantage at...

ArturoL Updated 

Each bounce was weaker than the previous one. And apparently is forming a HS to break down. Earnings on 03/07, I think the market won't save this one. It's a gamble but it is worth the risk.

ArturoL Updated 

The market really wants this stock cheaper. Price is landing on a demand zone. If you like Tesla and think in long term you start accumulating from here. It needs more work to break out the triangle, maybe next year but when it does is going to be massive. Price can also be pushed down to lower vertex of the triangle. That would be ideal but I see a lot of buyers...

ArturoL Updated 

Just buy at every pull back. I'm already on this one. If it pulls back I'll buy even more and more. That last green weekly candle tells me that 20 level support is support strong and buyers are going to push this thing very hard to the upside.

ArturoL

I know this a bull market but I think we will have a hard pull back soon. I don't want to be caught with my pants down so I opened another short. I'm still bullish overall but I feel better hedging my portfolio.

ArturoL Updated 

Inverted HS confirmed. I sold CSP 12.32 exp 03/01 also buying the stock is a good move. SL triggers if it breaks down the support and closes under it.

ArturoL Updated 

Inverted HS and bullish flag just broken up. It's a massive bullish signal. TP at the resistance 63. Wait and see what the price does, it may not pull back too much and try to break out the 63 level again. This is going to go up up up.

ArturoL

SP500 and Nasdaq are fighting with strong resistance levels. Most likely to pull back soon. In the mean time the metals are doing something interesting. Is going for the break out this time. It may pull back a bit before, but you can see a sort of cup and handle just under the upper vortex. SL triggers only if a weekly candle breaks through the support line at 19...

ArturoL Updated 

Looks messy but also looks like the price wants to bounce hard of the trendline from June 2018. You don't need too much cash here, the stock is very cheap and highly volatile so be aware of that. SL triggers if a weekly candle closes under the trendline.

ArturoL Updated 

The market punished this one after earnings call. Price just landed on a support zone. Look how it went up from the trendline the last two times. Very aggressively. If you can to speculate open a small position. Or wait for a set in lower timeframes. I'll keep it in my watch list.

ArturoL

Oil is looking strong, and oil stocks are going to catch up very quickly. I'm selling CSP as shown, you can also buy the stock. It has strong support underneath and it looks like the price is going to test the upper vertex again.

ArturoL Updated 

Inverted HS ready to break out the triangle. Be aware of earnings call on 02/15. I don't have any position here bc I'm already loaded with others trades but I might close out one of the losers to jump in on this one. Looks good.