After reviewing HTZ stock price I find it's an attractive buy in the $3-$4 range. I plan on holding this stock until I see a jump above $6.00. We're also seeing heavy buy-side support in this range going back to June. Curious to see how this next month plays out.
The Play
NVDA experiencing a surge in stock price since October 2022. On Monday 5/15/2023, call options @ $282.50 strike were trading between $2.80 - $3 mid-morning. Fast forward to the end of regular market trading today, Thursday 5/18/2023 call options @ $282.50 strike are trading around $32. $3 to $32 - Is there more room to run?! Let me pull out the...
The Play
TLRY has had a 30%+ pullback from the recent highs stemming from the December 2, 2022, recent legislation that was signed by President Biden. The strategy is to take advantage of a likely 10-15% rally in the short term.
Legislation: Highlights
After unanimous consent from the Senate, President Biden signed into law the Medical Marijuana and Cannabidiol...
Despite this year's bloodbath of stock prices, UnitedHealth Group (UNH) has shown considerable strength and has continued to the upside. I did want to take a macro look using the monthly chart and noticed a double-top forming. The company does have strong fundamentals with earnings goals being reached every quarter. However, the stock price is showing strain...
There's no doubt the energy sector is hot at the moment. I like EOSE from recent trends. We've seen a considerable pull-back here, under $1.50 could possibly see a nice entry point in the yellow highlighted half-arc. If entering the trade, ideally I'm looking to take profits near the key resistance level noted with a horizontal red line.
As always, would be...
I am working on identifying fundamental wick patterns. We are looking at the S&P500 futures and I noticed both a bearish engulfing candle and a bullish engulfing candle. Please let me know if you agree! Thanks
KC
Hi All,
My name's Kyle Ciotti and it's my rookie year with trading as of 9/1/2022. I'm excited to work with Trading View's platform - very high-tech & easy to navigate. My background is in financial planning, currently mainly focused on fixed indexed annuity strategy. I'm 34 years old and after a blown $1,500 account in high school I have never tried to trade...
