FamilyTreeInvesting

FamilyTreeInvesting

Today Roblux had an inside day and failed at $131 twice in the last few days. The volume continues to be strong and i will be taking calls 1 week out if we can clear $131 with strong volume.

FamilyTreeInvesting

McDonalds bounced off the trend line yesterday and tried to push higher today and failed. Had strong volume today and interested to see if we can push above the inside day high or if we fail and break the trend line SUPPORT of $248.

FamilyTreeInvesting

Amazon tried hard today to break $3600 and pulled back to the first Fib Extension. I am taking calls with a 5 min candle close over $3600 and puts below $3530 As the SPX goes amazon goes and it is fun to day trade right now!

FamilyTreeInvesting

Home Depot inside day and couldnt break above the previous day high and fell back. There is a chance that we rotate back to industrials this week and HD sees a bounce over the inside day high but im preparing for shorts below $406.00

FamilyTreeInvesting

Im looking for NFLX to push back above $677 and head towards ATH. It held up well during the sell off Friday. Over $677 i will be entering $680 calls (1-2 weeks out) with little resistance to $700. If we get a false breakout i see puts down to $645

FamilyTreeInvesting

Futures are point up for a bounce and I will be taking weekly calls of 3700 above 3634.00 (daily outside bar high from 11/26). Should TECH have a strong week AMZN can push over the ATH in 1-2 weeks toward $3800

FamilyTreeInvesting

INTUIT has had an amazing run up from earnings and since has been trending in an inside week - Below $663 i will be taking it short down to $648 potentially to $631. The volume is holding but it may take some time so i like to get PUTS at least 1-2 weeks out.

FamilyTreeInvesting

After earnings it gapped down hard and the tech slide pushed it down even more. It bounced off support at $245 and i want to see if push back above the resistance/gap high of $268 to then push up to $275. I will taking calls above $268 (2-4 weeks out)

FamilyTreeInvesting

As supply chains have been pushed more in the recent months i dont see this pressure letting up. UPS has been stuck on an inside monthly candle and looking to go short below 204.06 down to the next support level of $195.

FamilyTreeInvesting

SQ had an inside day on the markets ugliest black friday. If it can break above $215.65 it can run to support of $225 and begin an uptrend. Above $215.65 i will be taking 225C 2-4 weeks out.

FamilyTreeInvesting

If the market continues to pull back a SHOP looks to be pulling back to the next support level of $1500 and could then fall to $1435. Now some look at this as a stay at home play so if the market bounces it can push back up to ATH

FamilyTreeInvesting

NVDA updating with weekly trend support line, nvda looks like it wants to retest the bottom support line but will depend on the market impact

FamilyTreeInvesting

NVDA has had a huge run up and with some market correction we want to see it hold the $294.25 and bounce above

FamilyTreeInvesting

Good chance we gap down to the $452.60 daily pivot if the big caps can’t hold up