I found a good stock, and I shared my target profit and stop loss in the video. Also, I shared the screener I use alongside in a kangaroo market.
I explained in my video how to take long and short trades using volume, momentum, and dmi signals, so if you have 2 out of 3, you can go long; if it goes 3 out of 3 bullish signals, you are in for a long term, or you can add more; if it falls back to 2, then you can exit. I am referring to the volume, SMA, Momentum, and DMI. The HMA background is additional...
Watch the video, I basically used technical analysis of MA, RSI and TTM Squuze to determine that the direction is bullish on the daily, weekly, and monthly charts. Then coupled that with a 1.66 R:R ratio according to Gabriel's Kelly-based Risk to Reward Ratio. You can use levearge here such as option since the Implied Volatility is still around the 30% level, for...
Options Call for PG January 17, 2025! Bullish Call: $170 Call at $5.30 on Robinhood, target price is $180 so it would be aproximetly a $11-13 option by the end of January 17th (+41D). The conditions are favorable with a Delta of 0.5902, an implied Volatility of 15.16%, and a Chance of Profit of 37.08%. Stock Targets: 178 Target Profit, 170 Entry, 168 Stop Loss,...
Options Calls January 17th 2025 buying $20 call. Chance of profit 44.5% percent, delta 0.8718. The first price target for the stock is 15.08, the second is 15.43, the stop loss is 14.40. Risk to reward ratio is 2.12 Confirmation indicators: 3 Bullish Bar pattern, 2 bullish Volume spikes above its 20MA, Stochastic KD% bullish crossover, CRSI-Smothed SQZMOM...
based on the indicators listed, entry 51, stop loss 41, targets 56, 63, 74