


CheckMatted
JNJ: an amazing long opportunity ~Every time JNJ has gone overbought on the RSI like it is right now, it has gone up very strongly ~JNJ is trading in a parallel uptrend for the most part since October 2020 (white area) with a few minor outlying price action movements. ^^ Price is touching the long term support line. Confirming the RSI foreshadowing. ~I expect...
AAPL: Waiting to see if aapl goes down more PM or MO. ~Rumor has it aapl is announcing iphone 13 next week. Buy the rumor sell the news. ~If price action continues to fall, we have support at 146.95-147.70. ~A crucial point to watch if price continues to plummet is 146. This is a major support line since August 2020 (peep the highlighted parallel uptrend)
AMAT (swing): (In the process of filling the gap on the down) ~Watch the support zone 135.40-136.50 for a bounce to PT1: 138 / PT2: 140 / PT3: 144 ~Monday may see a dip to 133-ish area, if support doesn't hold. I would buy calls at 133. (Price likely will recover 2 bucks after the pullback) ~We are still trading in a missive looking wedge and probably will be for...
DIS (swing): False breakout on daily wedge ~Watch support at 181.40-182.50. If a bounce is seen we could see an impulsive move towards PT 189.50 ^^^Since Aug 19, we have consistently had higher highs/higher lows, so this is the likely scenerio ~If support is broken and we close a day below 180, puts with a PT1: 176 and PT2: 174.50 are likely
SPY: CAREFUL ~Since March 2020, we are in a dangerous upward wedge. While we could continue to see this uptrend through October, there will definitely be a correction in November or December ^^RSI divergence since last September confirms SPY's impending doom ~Monday is probably going to be opening red throughout the market but it is crucial for 442 to be the...
UPST: pullback in progress ~Ever since it opened in feb at 44 bucks, it has been growing fast and is at 270 rn ~The uptrend we are in now is in the midst of a pullback and is a good replica of the one on Aug 18-20 ^^Support zone 1 at 260-263: should bounce here to around 276 resistance before going back down to a PT: 255 ~I would play puts in parts Part 1 with a...