Hey what's up ya'll! I hope you guys are doing well. There are many companies that are reporting earnings this week ( NASDAQ:DKNG is reporting next week Thursday, Nov 7). I'm still debating whether or not to hold contract passed earnings since it may cause a drop and I would rather exit then to hold. If I'm up at least 15% on the contract I'll put a trailing...
On Thursday, Oct 10 I purchased two NASDAQ:SOFI 15 NOV 24 9c @ $64 ($128 total). ENTRY @ $8.72 (12:27pm, Thu, Oct 10) because I noticed NASDAQ:SOFI had been undergoing a temporary recovery to the upside. EXITs @ $9.99 & $9.93 - 1 contract - Profit taking at 120% ($64 -> $141), Mon, Oct 14 @ 1:18pm - 1 contract - 6% trailing stop triggered at 114% ($64 ->...
09/27/2024 Weekly: 2u cont. for the 3rd straight week; lets see what week 4 has for us. Daily: 2d-1-2u failed reversal, gap above between $24.80 - $25.20 (near 0.382 fib $25.22). 65m: Has been in the $22.27 - $23.30 consolidation area since Thurs, 9/26 Options: NYSE:U 18 Oct 24 26c @$82 (currently down 32% (-$28) @ $54) - Entry @ $10:01am @ $23.28 (near high of...
Hey ya'll, The chart above highlights Amazon ( NASDAQ:AMZN ) on the daily timeframe. I've added #thestrat indicator, MACD, and RSI indicators. I've marked the Fibonacci price points from low (Aug 28) to high (Sep 24). Normally, I would've gotten in at the 0.618 fib retracement ($179.02) or the 0.5 fib ($182.15) but I would still take a 3+ week out options...
What's up everyone, I'm back with some quick update on $JPM. Quick fact: The 65-minute chart has 6 evenly sized candles (65 x 6 = 390, amt of mins per day). Based on our previous analysis: - NYSE:JPM has bounced off the 0.618 bullish Fibonacci on the 65-minute chart at $204.11 - Price Target of $225.48 at 0.0 (assuming we continue the bullish trend) - Stop...
Hey everyone, I took sometime to chart NYSE:JPM , JPMorgan Chase & Co., on the 65-minute timeframe. Every 6 candles = 1 day. I took a bullish Fibonacci on the low of Aug 5th ($190.90) and dragged it to Aug 30th's all-time high price of $225.48. On Sept 14, price dropped to the 0.618 Fibonacci @ $204.11 and price hovered around the area for the next few days....
What's up ya'll?! Based on what I'm seeing, the Micro E-mini S&P 500 Index Future ( CME_MINI:MES1! ) on the 4hr is in a consolidation zone between 5,592.50 and 5,661 (68.5 ticks). I have marked the chart with a bearish Fibonacci retracement from ATH on Jul 16th to the low on Aug 5th. If price goes below 5,619 (mid-point of previous day ), then there is a...
NASDAQ:CSCO is currently forming a double inside day. If price goes above previous daily high of $49.15 , profit target is $49.65 and then $50.04 . If price goes below previous daily low of $48.26 , profit target is the 0.618 mark in the middle of the gap at $46.99 . Potential Options Contracts: Calls $50c 9/20 @ $0.25 | Vol. 529, OI. 23,104 $50c...
NASDAQ:CSCO had two back-to-back inside days 9/9 and 9/10 and on 9/11 broke the previous day low (9/10) but was a fake breakdown and began to shoot up after 11:00am. You're currently viewing NASDAQ:CSCO on the 65minute chart. There are 6 bars per day on a 65m chart. The stock is up 3.74% since Wednesday, 9/11 @ 11:00am. I didn't take the trade but the calls...
Celsius ( NASDAQ:CELH ) looking ready to move up after hitting the 0.618 bullish fib reversal (Fib: AUG 9 2011) - Mar 11 2024 @ ATH). The green arrow marks the predicted path of the price Celsius can go based on historical price action. Tools and Indicators Bullish Fibonacci (Aug 9 2011 - Mar 11 2024) Price Action (Previous Highs, Lows and Targets) MACD and...
Aug 8, 2024: EOD price $114.63 - Monthly: the stock price has fallen 18% - Weekly: price retraced to fib 61.8% (bullish range: 12/28/22 - 03/21/23) - Daily: RSI is under 24, MACD is still red to the downside - 4hr, MACD is curling up (same with RSI); inside candle, above open at $113.98 In call options: NASDAQ:ABNB $118c exp 8/16/2024 @ $1.14. Delta: 30 |...
May 30, 2024 @6:57AM MONTHLY - Currently on a downtrend (2D-2D-2D Continuation) #TheStrat - Finishing off a Stage 3 #TheMoneyFlow - MACD curling down, RSI curling down at 46 WEEKLY - MACD beginning to curl up - Price is b/t the 0.618 & 0.786 monthly fibs (Oct 2023 - Feb 2024) - Price is slightly under last week's middle price of $58.51 at $58.18...
Wednesday, January 10, 2024 @ 9:14am (price at 4792.75) Monthly - Fibonacci📈 marked to the upside from low of March 2020 (2174.00) to December 2023 high (4841.50) - Inside (consolidation) month, price is currently above Dec 2023 50% level (4695.25) - MACD continues on an uptrend for the 3rd straight month - RSI currently at 61.91 moving sideways Weekly - Inside...
Reasons for Bullish Sentiment: - Daily inside candle; currently in the middle of daily broadening formations - Potential upside movement as the MACD line (blue) is quickly approaching the signal line (orange) indicating of bullish sentiment. - RSI at 45 (can go down to under 30 but there is a higher chance of it moving up - GAP to be filled to the upside ($15.71...
What do we see here? - NYSE:SHOP ended the day with a bullish outside day. - Previous HOD for May 31 is $59.23, can serve as resistance. - Previous weekly high is $60.11 and can also serve as resistance. - GAP to be filled to the upside $64.20 - $75.30. - RSI is at 39.24 and moving upwards slowly. - MACD (blue line) is above the signal (orange line), indicates...
/MES is up 111.45% the past 44 months (3.92 years). Trend Analysis (#thestrat): - 2down-2up reversal - Approaching exhaustion at the top of broadening formation @ around ~4750 Chart Patterns: - Double Top @ 4808.75 and 4634.50 with neckline at 3502 Results: - Bearish Target 1 @ 4122.25 - Bullish Target 3 is 4622 - Bullish Target🎯2 Hit @ 4566 - Bullish...
December 4, 2023 - Weekly Analysis for Micro ES Futures The Micro E-Mini S&P 500 Index Futures is up ~31% in 60 weeks (since mid-Oct 2022) at 4587.00 - Inverse Head and Shoulders, to the downside📉 - Inside a weekly consolidation range - 2u-2u-1, inside week - Weekly Bearish Target🎯 4544.50 - Weekly Bullish Target🎯 4607.75 Conclusion: Price is beginning to move...
1. Micro E-Mini Futures (MES) is slightly down from Dec 8 close on the 1hr 2. Price is consolidating around the 0.1 upside📈 Fibonacci 3. There is a gap to fill to the downside between 4615 and 4596 (19 ticks) 4. Long Entry on the 60min would be 0.618 (4593.75) or 4601 b/c of the psychological 4600. > STOP🛑: 4560.50 > PT🎯: Previous HOD (right around Fib 0) @ 4666.