SPAC PLAY. Quick observations Top chart - 2h - Notice the 200ma is acting as a level of support in multiple places. But now we see the quicker EMAs coming together and trending down. We appear to be headed towards the dreaded death cross (when a slower moving average crosses above a faster moving average) and honestly that wouldn't surprise me if it...
Bullish. Starting to get lots of eyes on the net. Not familiar with the company? Here is a bio straight from Tradingview: ""Bandwidth, Inc. provides cloud-based communications services. It offers data Internet, voice/voice over Internet protocol, messaging. managed network, and conferencing services. The firm serves the telecom needs of small and medium...
Bullish. Let me just lead with that. I've played numerous calls over the last few months. Huge fan of the stock, the chart, and the company. So of course I am back ready for more calls. $DKNG follows $PENN a lot don't forget that. Right now I am watching: jAN 22 $55 WEEKLY CALL FEB 19 $60 CALL Most of my target calls I will not even think about until...
I spent a few hours on this chart. Not because it was so confusing, but because my newborn son kept distracting me. So I was determined to get this done. Then the more I looked at it, the more I started to like it. Here is what I am watching: 1) Target price of $530-$575 if it can hold the bottom trendline 2) The biggest concern right now is the moving...
So after spending some more time this morning on Apple, I am not sure I am as optimistic as the other day. I made the comment on my chart from the other day that as I look at the "weekly" chart I'm a fan...but I am not so sure after spending the morning on the 1hour. I think my biggest concern is this, basically quad bottom. Obviously it doesn't show up on the...
The winds are a blowin... We've been talkin about this stock for a while now. The chart setup is ready. No more offerings because the shelf offering is gone. So honestly it is smooth sailing in a BULLISH direction. And my goodness look at those EMAs. I am long on this, mainly CALLS. Will probably add some common shares during dips. *posting again because last...
BB Dual Charts 1d and 1wk Really liking the looks of this dual chart setup. Might use this more often. Anywho, $BB is back making the rounds. Excited to sere what happens with this guy. Charts look....good? I mean they aren't that bad really. 1) Purple line downtrend broke on both charts 2) Large blue arrow to show the drastic turn the stock has made...
This chart is just ugly. And the company is failing. But $AMC is being pumped. So lets start to look at it over the next few days. Today we start with the daily and the clear downtrend it's been on since the 12-13 range. I am playing PUITS. There is nothing on this chart that tells me a break in trend is coming. THE ONLY HOPE FOR IT, the circled area. The...
$NIO had a chance last week - with $TSLA taking a day or two off. But now look at what NIO is doing on the daily. 9ema trending down, 34ema about to turn down, 200ma about to trend sideways. 3 days of red in a row - significant selling at that. I don't know what to thin of this yet. If you look at some of my old charts, you can see I was on this at a very...
Just a quick post to show off these two new tools. I've been waiting FOREVER for these. My goodness they are fantastic. The signpost tool is AMAZING. Tradingview continues to separate itself as the best trading and charting platform on the planet. Great job guys! Link to the original post by Tradingview below-
$NNDM OFFERINGS - 01/14 12/27/20 12/06/20 11/29/20 11/19/20 10/26/20 Wheres the dips? They ain't there. When a copy offers this many times, its normal suspicious. But when you look at these offerings, they close within moments. Thats a really good sign. This company has amazing tech, amazing backers, and they are on the verge of breaking out. I love this...
$SPY POTENTIAL TREND ON THE 34EMA. Again, potential. It could go the complete opposite if it decides it doesnt like the top of this channel. But I have decided to build my positions on the upside. Loaded numerous calls for SPY that are currently WAY out of the money but are super cheap, expiring on various dates over the next few weeks. Not posting my entire...
Their numbers, as a company, are horrible, and I am a technical trader not a fundamental trader. So if I am noticing it then something is going on. I am ready. PUTS or SHORT, whatever your poison, its time to go. The short squeeze was fun but now $GME is entering into entirely overpriced and way overextended land. I'm going for PUTS starting Monday.
NNDM posts another offering in the middle of the night. Details to be released in the morning but many locations are confirming this right now. Don't forget they JUST had an offering the end of December and they are pricing another one. Typically, multiple offerings with a company is not a good thing, but I don't think thats the case with NNDM. On board, long....
Please dont enter positions on this. Please. If you follow Gamestop, people have been pumping this for months, they've been loading calls and shares, and there is absolutely ZERO reason that this stock should be up 68% (at time of post) today on ZERO news. NONE. There is no catalysts except for new board members? You mean to tell me THAT causes a company...
FRSX is RUN-NING today. 3 MA's all trending upwards now for a bullish sign. I like the 34ema cross above the 200ma. NO POSITION. Watching after hours for a few shares on dips for one of my small account challenges. $FRSX
Good morning traders NO POSITION - Was alerted on news "Golden Nugget Online Gaming shares are trading higher after Benchmark initiated coverage on the stock with a Buy rating." so decided to take a peak at the daily on this stock. Not sure we see much of a volume push on this but thats the big thing it needs, volume. Besides that, it has strong support and if...
I still think we have more room to fall. Regardless of your political views, the press has been all over Twitter (and big tech) the last few days and the response hasn't been that great. We can also see that from the massive amount of selling the last 24 hours, specifically on Twitter. Continue to play PUTS on this. Entering again tomorrow. Was in puts 01/11...