FB NEEDS BACK OVER 280 TO GO LONG. LEVELS ABOVE ARE 284, 288, 296, 300, 304.
These are the things I look for when drawing my levels. I don't use any indicators because I believe they can be misleading and cause an inadvertent bias. I look at a trade from multiple angles. Its not as simple as entering into a trade just because a stock broke a level. You have to align your trade with News events, Upgrades, Strength of sector, Strength of...
DOUBLE INSIDE DAY. I WOULD TRY GOING LONG OVER 43. STOP LOSS: 42 PT: 44
IF BA CAN HOLD OVER 234, IT CAN MAKE A MOVE HIGHER TOWARDS 249, 260.
IS SPX CAN'T HOLD 3645, IT CAN TRIGGER A SELL OFF DOWN TO 3590. IF SPX CAN HOLD THIS LEVEL, IT CAN MAKE A MOVE HIGHER TOWARDS 3700. LOTTO TRADE IDEAD: SPX UNDER 3645. 12/4/20 3620P: BID/ASK: 2.10/2.30 *same day expiration premiums depreciate fast, so you have to be quick to cut the trade.
I would go long over 82 or go short under 79. Earnings are on Tuesday this week. There is a 7 point move priced in.
I WOULD WAIT FOR UNDER 407 TO GO SHORT. TRADE IDEA: 10/30 385P BID/ASK 1.70/1.88
TSLA EARNINGS ARE ON WEDNESDAY AFTER CLOSE. THERE IS A 49 POINT MOVE PRICED IN. TSLA NEEDS BACK OVER 450 TO CONSIDER GOING LONG. LOTTO TRADE IDEA: 10/23 480C BID/ASK: 10.40/ 10.60
CMG EARNINGS ARE ON WEDNESDAY AFTER CLOSE. THERE IS A 94 POINT MOVE PRICED IN. I WOULD GO LONG OVER 1360. LOTTO TRADE IDEA: 1400C BID/ASK: 23.10/24.00
SNAP EARINGS ARE ON TUESDAY AFTER CLOSE THIS WEEK. THERE IS A 3.5 POINT MOVE PRICED IN. SNAP NEEDS TO HOLD 27.6 TO CONTINUE HIGHER LOTTO TRADE IDEA: 30C BID/ASK: 0.92/0.95
NFLX EARNIGNS ARE ON TUESDAY THIS WEEK. THERE IS A 54 POINT MOVE PRICED IN. NFLX NEEDS BACK OVER 535 TO CONSIDER GOING LONG. LOTTO TRADE IDEA: 600C 10/23 BID/ASK: 6.85/6.95