Good Morning All,
I trade Long Call Stock Options.
I think AAL is primed for a bounce upwards.
It has reached a 5 year low point at 24.40 and the lower end of the channel at the same time.
These will act as support to prop up the shares.
Prediction that it will swiftly move up to ~31.
This is where it will be met with Resistance, if this resistance breaks ,...
I Swing Trade Options, New to technical analysis.
Thoughts on AAPL: Bullish for a Swing Trade (Picked up 200 Calls with Expo at 4/26 Price $3.65)
AAPL and QQQ (ETF) are in Breakout Momentum
Positive Aspects:
- Riding the 10SMA (Daily)- Acts as support
- Recently Continued Green Candles above the previous Candles Body
- Earning coming up May 1st
-Recent News...
I Swing Trade Options, New to technical analysis.
Thoughts on AAPL: Bullish for a Swing Trade (Picked up 200 Calls with Expo at 4/26 Price $3.65)
AAPL is in Break out momentum
QQQs ETF is also in Break out (TEch ETF) (Resistance at ~185)
Positive Aspects:
- Riding the 10SMA (Daily)- Acts as support
- Recently Continued Green Candles above the previous...
Good Morning ALL,
Full disclosure, I'm relatively new to Technical Analysis and looking forward to increasing my analysis skills though Options Trading and Technical Analysis on Tradeview.
I would say, as an Options Trader. Short Term (One Week Swing Trade) would seem to show down side indications.
There is some support to be tested over the next few days, TSLA...
As you can see Boeing (BA) Sell off Volume is Decreasing. The Company is rectifying the faults and stock seems to be coming back Slowly.
DIA Seems to be in a Break of Momentum and will help to bring BA up with it.
I have set a target Rate (Look at the Chart), Should come up to ~50% of the Sell off to complete the Hook Pattern.
