BLNK broke out of the range it was stuck in back then. Retested resistance and ran up, and retraced back to the 0.618 fib. Entry: 25.56-26.08 (golden support box) SL: 25.55 (cut it quick under) PT: 29.46 (resistance box) if it breaks we're going to 30.31-31.53, no questions asked.
NFLX been having the same pattern for a long while now. But let the market pick the direction before entering a trade. Bullish over 509, PT 520-525 Bearish under 491, PT 478.43-470 Still stuck in that channel wait for a break of the purple trendline for long, grey trendline for short. Also its tricky with vaccine and stim news. Who cares about NFLX now?!
Nio got beat down with the china news like many other tickers. I think it started forming a base and was holding it friday. DO NOT enter NIO if money isn't flowing into the EV sector. Follow big money. Entry: 40.57, 40.51 (golden box) SL: under 40.09 (.5 fib) Short term PTs: 47.84, 53.65 Long term: ATH, 59.17-61.86 If u need confirmation wait for a break of the...
RKT broke out of the falling wedge last week and it jumped big. But didnt run enough bc spy was falling. RKT seems to be forming a strong support around 20.73 and i see it running more next week. Entry: 20.81 (0.236 fib) SL: 20.50 (tight SL) PTs: 21.35, 21.89, 22.76 Bullish over 21.06 (local resistance)
Being a little stubborn around the 265. WIth the overall market sentiment, vaccine news, and sector rotation. I'm holding spreads at the moment as they arent affected by theta. SL is under 263.50 Entry for calls over 265.80 and 270
Keeps rejecting the upper trendline, A break out of this wedge would be explosive PTs: 23, 25
AMZN has been moving sideways for monthssss! MMs are just banking on premiums, and as we have seen this week it was bought up very quickly when spy was falling, but was also lagging when spy was going up. I'm still extremely bullish on AMZN . And the reason is for a stock to get that much price upgrades, news, deals, revenue, holiday season sales and still not...
No need for a description. Just look at this beauty!
HD seems to have a pattern. Entry is the break of the golden box. PTs are the the greenlines, by 12/31 the latest. SL: fall under lows
MACD and RSI curling up. Strong close and rejection of the trendline/support. PTs: 260, 280
ZM could be a fast mover bc of market volatility due to covid updates, so be catious. Wait for the market to decide the direction and ride! Zm tends to respect levels. Puts under 434, targets: 422.55, 396.19, 367.27 Calls over 445, targets: 476, 505.20, 539.91
I took a starter position at the retest of 477.50 and added on the STRONG bounce off the purple trendline. Expecting to see 500-505 this week. And possibly 520 if we get news/catalysts. NFLX has been following the same pattern the last 3 months. I'd say this is one of the slow steady plays, i recommend going with spreads or contracts with further out expiration to...
AAL got left behind on the runs last week. Let's see if it wakes up this week. Ideal entry: close over 12.50 OR red trendline Safe PT: 13.50 Final PT: 14-14.50
Hope you guys made some profits on this one, that was an insane move! All PTs achieved! Tsla might consolidate here a little bit and kill premiums before another leg up. Wait for an update Enjoy your 🤑gains💰 ;)