DontSlamTheDoor

DontSlamTheDoor Updated 

-Marine shipping taking a big hit today, bringing prices closer to big volume support levels. $SBLK and $ESEA and $NVM also on watch. -Just taking a few FEB 22' $15c @ 3.30 See chart for PT's

DontSlamTheDoor

As indicated on the chart, the $14,000 level is an important one to watch. It seems the market has digested the inflation news and hopefully digested that of the hawkish fed comment on possible 75bp hike at the next meeting. If this level holds tomorrow, I would hope to see some further momentum to the upside, especially in the semi-conductor space....

DontSlamTheDoor Updated 

MICRON Micron was holding it's gains today compared to AMD. I like $88+ for a price target. Everything is really dependent on the geopolitical situation but there IS strength in this name. Notice the volume profile and the 200 ema is also a level that's important. Technical analysis only works if fundamentals support it and the geopolitical risk is what's...

DontSlamTheDoor

As the title indicates, I'm looking for another decent-sized move in precious metals. The war in Ukraine, bitcoin gaining support from more and more regulators, climate change/green energy initiative and the oil crisis (if there is one) are all serious things that could put a lot of pressure on the U.S. dollar. I like gold better than cryptocurrencies that are...

DontSlamTheDoor

DE posted better than expected earnings. Industrial sector has been strong is recent weeks. CAT and DE both are utilizing renewable energy and developing more technologically advanced machinery at a faster pace than previous years. High tech construction and agriculture machinery will eventually become remote-operated and burn less carboniferous fuel...

DontSlamTheDoor

I've published a few ideas on Energy Transfer. Remember, this is an MLP and will require a 10-k form which can get pricey. ET is a very liquid symbol, 50k plus contacts open currently and many more being purchased every day. If you don't want to deal with the 10-k or don't want to hold shares of ET, a higher delta long call like $8 or $9 strike should perform...

DontSlamTheDoor

Crox reported that it was acquiring footwear company, HeyDude, valued ~ 2.5 billion in cash and shares. Crox also received an price target upgrade from $220 USD to $300 USD and maintains a buy rating. I highlighted the support i'm using from earlier in the year because I would enter Crox long. There was a gap down not too long ago, and the bottom of the last...

DontSlamTheDoor

QYLD is a covered call ETF. They write calls on stock they own to bring in more consistent and predictable income. They do this to generate returns via options, this is helpful if you don't know how or aren't comfortable writing calls on your stock. It would behoove you to establish small positions after they pay their dividend should you choose to buy in. This...

DontSlamTheDoor

Edited for price targets. My last chart didn't have them identified clearly. Please see the colored trend lines. Stop loss for me is going to be $9.75. If it falls below $9.90 or so then the next support wouldn't show up until $6 or $7. That's where there was last buying volume. Cheers.

DontSlamTheDoor

I decided to take another look at HIMX on the technical level because fundamentally, this a great company and it offers some fantastic price action, plus I saw a few bullish sweep alerts, you can see the volume coming in on those further dated strikes. The volume is also high when compared to the open interest, again only on certain strikes/expiry. NASDAQ:HIMX...

DontSlamTheDoor

I posted a chart a while back on ET hoping it would've made a higher run. I noted the buying and selling volume (vertical lines). I don't think it's going much lower than $9.00 so i'll look to swing this back to $10.00 if that pattern continues. $8.48 or below is a great price.

DontSlamTheDoor

I have a price target of $12.62. If FCEL would consolidate in that green area then that would complete the handle part of the pattern. Consolidating before making another leg up to the 0.50 fib, 0.618 or price level resistance there. I highlighted one of them with a white arrow. It didn't like that price for some reason so i'll be watching that area too. I'm...

DontSlamTheDoor Updated 

Good Morning! Citi Group has been in this channel for a few months now. A key level for me to take a neutral-bullish trade was the $66.50 area. The support and resistance zones are fairly clear. I believe we will see Citi climb back up to the $71-$72 area. I like stock for Citi Group as this company is cheaply priced and a good stock to own. My first two PT's...

DontSlamTheDoor Updated 

Swinging the NOV19 $18c. Should produce a nice r/r if the pattern plays out. Looks promising right now.

DontSlamTheDoor

Thesis: I bought into ET @ $7.94 when the company was neck-deep in debt and its future didn't look promising. The key event that turned this company around was the recent storm in Texas that left a large population with no power. This was an incredibly profitable situation for ET as Texas was not connected to the US power grid, therefore Texans had to buy fuel...