Konstandinovic

Konstandinovic

Entered the NYSE:RCL trade yesterday as the price closed above the resistance zone. We also had a re-test the same day. Today the price is up and my trade is profitable. In the short term, the oscillators are overbought which suggests that we could have a pullback soon as the price enters the choppy demand and supply zones from the past. My medium term price...

Konstandinovic

Yesterday I took the trade on NASDAQ:UAL as the price pulled back to key support after we broke the 50MA. The price is doing great today, my short target is around the $43 level but we have much more possibility for upside in the medium term. The MA's are sloping up indicating a bullish momentum in the short term. Oscillators are showing overbought in the...

Konstandinovic

I entered a trade on NASDAQ:SOFI as the price closed above the 50MA on Dec 1. We see that the price rallied since then and was facing a diagonal resistance level which we broke through today (provided that the price closes above it). The short term MA's are sloping up indicating a short term uptrend, while medium term MA is slowly moving in the same...

Konstandinovic

Yesterday I entered the NASDAQ:QCOM trade as the price closed above the long term diagonal resistance zone. I have several short term and medium term timeframe positions on $QCOM. In the short term the price will likely encounter resistance at the $133 level, if we break that we can see $140. The price is overbought as the oscillators show, so I will likely...

Konstandinovic

Last Friday I entered a new trade on NASDAQ:ENPH as we closed above the 50MA on daily candles. The trade is profitable for now, my target is $124 in the short term and we might see a pullback over the next few days as the oscillators are showing overbought conditions. We can also see the diagonal resistance level that has been in force for some time now,...

Konstandinovic

Took a trade on NYSE:NKE on Dec 1 (last Friday) as the price closed above the resistance zone per the chart image. Since then the price rallied as expected. It is now approaching my first exit point at $117, so I will exit 30% of my contracts. My short/medium term target will be the red diagonal line on the chart which is the 2023 resistance level, at about...

Konstandinovic

I entered a trade on NYSE:MMM yesterday as the stock pulled back to the previous diagonal resistance after the previous day breakout. Today the price seems to be continuing its bullish movement after a simple S/R flip. The moving averages are all sloping up showing short term bullish momentum. We see that the oscillators are overbought in the short term so we...

Konstandinovic

Yesterday I took a trade on NASDAQ:TXN The price broke above the 50 MA and all the key moving averges I use for short term trading. In addition the price closed with a bullish hammer resting on the moving average. Recently the price also closed above the long term diagonal resistance. THe oscillators are showing overbought condition in the short term, so I...

Konstandinovic Updated 

I entered a trade on NYSE:CRM on Nov 29th just before the close. I was anticpating that NYSE:CRM will beat earnings and wanted to do an options earnings strategy where the risk is minimal but the return if the target price is reached is high. Based on my calculations, I figured that the stock price would likely move by about $15 up or down so I targeted the...

Konstandinovic Updated 

I entered the trade on NASDAQ:PANW Tuesday 28th as a swing trade opportunity. That day the price of NASDAQ:PANW closed above the key resistance level which rebounded the price several times. Due to this I though the price would rapidly move up and so it did. The swing trade was very profitable and so I closed the trade today at the highs and go tout...

Konstandinovic Updated 

Coinbase NASDAQ:COIN caught my eye last Friday. It looked like the price was breaking out through the major resistance zone. Today I had 3 profitable intraday trades with NASDAQ:COIN and found the stock respecting the demand & supply levels fairly well. With the daily candle closing above the resistance level, I believe that NASDAQ:COIN could be in a...

Konstandinovic

NASDAQ:TLT is showing bullish momentum in its price action. We see here that today, we closed above the previous high. The price seems to be entering the bullish gap area, and if it does continue the upward movement it could close the gap and reach $93 fairly quickly. $93 is also a resistance level, and we cloud also see a pullback in price around there. if ...

Konstandinovic

Another chart that I have been following for a little bit that I wanted to share with the community. Here we have the chat of AMEX:GLD We can see that AMEX:GLD faces strong resistance around the $190 price level. However, with that being said, we see that AMEX:GLD is on a short term uptrend. In addition, the moving averages are all facing up and...

Konstandinovic

On Wed Nov 22 2023 I entered a cash secured put trade on NYSE:DG I did this for several reasons: Price closed above the 50MA on daily candles. Price broke out of the horizontal support. Price closed above a medium/long term diaginal support. Moving averages are crossing over and sloping upwards. Price is oversold as the stock has fallen by approximately...