$TSLA has found its range. Blue arrow represents the top that it has to break if we want to see any real significant uptrend today. Check the 3min chart and you can see it test that line 3x. NO POSITION. Not taking a position today, as of right now.
I run moving average scans and use the 9ema/34ema as an entry strategy. FTFT is on watch right now. I like the chart, no position as of now. But the circle shows the moving averages and where they should cross. $FTFT
Zoom your timeframe out - dont use a quick timeframe on this stock. It's in a clear uptrend. $DKNG $PENN $SPY
This is almost textbook when it comes to fib retracements. Watch for a breakout over $100. Also this will pull others with it $DKNG for example should go also. NO POSITION as of now but I am LONG calls on $DKNG. $PENN
Will be interesting to see what happens with TSLA this morning. In my opinion, with so many people taking profits on $BTC, I believe people are doing the same with $TSLA and we should see a bit of a pullback. I posted a chart yesterday and I did NOT expect this at all. Right now - no open positions. Watch to see if it holds the bottom support. If it does, it...
Entered calls on 01/11. Watch for breakout as cup and handle is forming and appears to be gaining momentum. DONT FORGET - ARK bought a TON of shares just last week. This stock is worth keeping in the portfolio or as I am playing, buying leaps/long calls. $SKLZ $SPAC $ARK $ARKQ
TWTR is in the news again and people are responding. So far they aren't happy. Watching for PUTS at market open. Normally I enter around 945-10 EST, let things settle for a bit before taking an option contract in the morning. I will be monitoring volume to see what direction we want to go but I am fairly confident I will be taking puts.
DKNG Daily Support and Resistance One of my favorites. Plenty of upside on the chart. Numerous days of high volume. Constantly one of the highest played option tickers. Watch for a pullback for entry around the $50ish range before I see a test of the mid $55s again. NO POSITION as of right now. Will be entering LONG tomorrow.
Pay attention to this on the daily throughout the week - cup and handle trying to form. Also this stock has been on an absolute rocket this year and nothing seems to be stopping it. Now, with the addition of $BTC to the Paypal platform, look for it to continue running. No position as of now. Will look for LONG calls this coming week.
Potential upside on this stock is unbelievable. I am a day/swing trader. I look to enter a position and exit with as much profit as quickly as I can. BUT, with this stock, I am building my long term portfolio around it. I love the company, I love what they produce, and most importantly I love the upside the chart shows me. It will be a $400 stock someday. It...
OK so the more I look at this chart, the more I like it. Love that it is holding bottom support. Love that it is trying to form a flag. Volume has been steady. I was in this Friday for a day trade but will look to enter on Monday again.
Imagine I told you that "everything that has happened over the last 13 months would happen and SPY would keep on trucking." Would you believe me? Well here we are, January 9th, and SPY to 400 looks much closer than farther away. I play SPY weekly options. Have no open positions right now but will be opening new on Monday morning.
AVGR is one of the hot pump and dump Discord/Reddit stocks. I don't recommend playing this unless you have a 1) day trade to burn and 2) can time your entry perfectly. Watch for volume. I do NOT have a position and am NOT taking a position. AVGR Stock: 6 Things to Know About ‘Robinhood’s Hot Penny Stock to Buy’ Avinger investorplace.com
Not much to see here - running purely off discord pumps. Bitcoin plays, like COVID plays, get pumped through chats all day long, so be careful entering something like this. Watch for volume, pay attention to level II, pay attention to the support and resistance lines. NO POSITION. Will not be entering as of now. Future FinTech Group's Stock Is Skyrocketing...
One of my new favorite SPAC plays - SKLZ. Skillz is an online mobile multiplayer competition platform that is integrated into a number of iOS and Android games. Players use it to compete in competitions against other players across the world (Wikipedia). SPACs are all the rage right now so it is important to know which ones are hot and which ones are not. Watch...
Numerous days of solid volume. Completed a moving average crossover on the daily. High social media hype right now with the possible Biden administration. I am not a fan personally of the stock. I have some end of January calls, but they were $5 and that is literally the only reason why I bought them.
Bullish. Like everyone else. Literally zero reason to think anything different right now. You could blindly throw money at TSLA and BTC and walk away, come back in a few weeks, and most likely be richer than you were right now. I don't suggest doing that. BUT you get my drift. TSLA call strategy - Buy the highest strike for that week at market open, play...
4hr Fib levels on Costco. No position as of now. Watching for entry Monday 01/11.