Options360

Options360 Updated 

It looks like SPCE is forming a cup & handle pattern. My target is $25.50 by 11/20, but because SPCE can be volatile, I entered a strategic risk : reward trade $21/23strangle11/20 contracts at 3:15pm. Do your own due diligence, your risk is 100% your responsibility. Consider being charitable with some of your profit to help humankind. Good luck and happy trading...

Options360 Updated 

AAPL is at a crossroads: above it's 5 month trend line, breakout above it's 2 month downward trend channel, forgot about it's tight April - May trend channel and below it's 2 year trend line, a bunch below it's split $138 breakout high, well above it's 52 week covid low of $53 & possible head and shoulders on the 2 month. haha, if that's not enough intersecting of...

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Ethereum is at a critical level. Bullish: It is trading at the top of it's 1 year trend channel Moving averages have consolidated on the 1 year It has formed a cup and handle on the 10 week time frame It's close to it's 10 week high of $489 Market sentiment for crypto is very positive lately It still has room to grow from it's all time high $1274 RSI indicator is...

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Kensington Capital was formed earlier this year as a so-called blank-check company, which is a shell that goes public and then merges with an existing business. SPACs have been a popular route to the public markets this year, with Virgin Galactic Holdings, DraftKings, and Nikola among the companies that have gone public that way in the last 12 months. Because KCAC...

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UCO is at the top of it’s 4 month downward trend channel. That’s a good spot for a short entry on a crude oil etf. My 12/24 target is $21. US crude oil inventories rose 4.6 million barrels last week, missing expectations for a draw of 900k barrels. US coronavirus cases hit another new daily high record today with 140,543 reported. Renewable energy is where to be...

Options360 Updated 

PLL pop pop popcorn today! A big part of the electric car story is lithium. The element is a key material used in the manufacture of lithium-ion batteries. Do your own due diligence, your risk is 100% your responsibility. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading 101* 7pt...

Options360

TAN is a great solar exchange-traded fund. Renewable energy demand is definitely going to grow in 2021. I'm expecting TAN to be weaker in January and stronger in April, simply just because of winter/spring seasons. A nice play on solar's long term uptrend would be to get a TAN calendar spread. Simultaneously, buy a 4/16/21 call$80 = 7.10 ($710) and sell a 1/15/21...

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DIS Q4 earnings 11/12 at 4:05pm Consensus: p/e = ($0.68) Revenue: $14.34 Billion I just don’t think that there will be a favorable price action after it’s earnings announcement. I think Mondays manic market took the wind out of DIS surprise better than expected earnings loss, if there is one. If you are a long term investor, this will just be a temporary...

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I would like to honor all of our brave veterans today. Truly, thank you for your service! What’s more American than a burger and fries? This 4 year trend channel & a pattern to last July, points to a target price of $260 by July 4th 2021 imo. The other thing is COVID should be in check by then, which is good news for all restaurants. Do your own due diligence,...

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WMT day before Christmas, 12/24 target $156. Walmart, like other retailers, has seen more of its sales shift online during the coronavirus pandemic. Yet even before the global health crisis, the company focused on using its numerous stores as an advantage over Amazon and other competitors. Do your own due diligence, your risk is 100% your responsibility. Good luck...

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This is just too easy to be long the company that single handily changed the entire dynamic of the stock market the past 2 days. Pfizer coronavirus vaccine bnt162b2 has over a 90% efficacy at preventing infection. I’m going to go out on a limb here, but wouldn’t you think Pfizer is worthy of hitting it’s all time high of $50.03 in the near future? I’d say it’s...

Options360 Updated 

TSLA 1/20/21 target range $580-715. Don't underestimate the power of renewable energy. Tesla is not only the clear champion of the ev sector. It dominates the entire US renewable energy storage sector, owning more market share than Generac, LG chem, Enphase, Panasonic & others combined. Not to mention, TSLA solar roof is patent protected & second to none. I expect...

Options360 Updated 

Massive historic volume spike alert on ACB this past week! Just by the highly EXTRAORDINARY volume spike and now knowing Senator Harris is vice president elect, my bull case target for ACB is an astounding $130 by February 2021! Do your own due diligence, your risk is 100% your responsibility. Good luck and happy trading friends... *3x lucky 7s of trading...

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Novavax (NVAX) reported a 3rd Quarter September 2020 loss of $3.21 per share on revenue of $157.0 million. The consensus earnings estimate was $2.36 per share on revenue of $234.2 million. I won't be surprised if NVAX tanks below $50 by 11/20. Do your own due diligence, your risk is 100% your responsibility. Good luck and happy trading friends... *3x lucky 7s of...

Options360 Updated 

ZM is going down to $330 this month. Do your own due diligence, your risk is 100% your responsibility. Good luck and happy trading friends... *3x lucky 7s of trading 101* 7pt Trading compass: Price action Volume average Trend momentum Current events Revenue & Earnings Debt / Cash Book value 7 Common mistakes: +5% portfolio trades Bad risk management Emotions &...

Options360 Updated 

SPG earnings today 11/09 post market 3rd Quarter September 2020 Consensus: $2.25 Revenue: $1.12 Billion Do your own due diligence, your risk is 100% your responsibility. Good luck and happy trading friends... *3x lucky 7s of trading 101* 7pt Trading compass: Price action Volume average Trend momentum Current events Revenue & Earnings Debt / Cash Book value 7...

Options360 Updated 

PLUG Reported gross billings of $125.6M; reflecting growth of 106% year-over-year and 73.4% sequentially. Reflecting strong performance in the quarter; raising 2020 gross billings guidance to $325M-$330M from $310M. Hosted second annual virtual Plug Symposium showcasing strategic priorities in green hydrogen, market expansion, gigafactory and reaffirming revenue...

Options360

SPY $364 pre-market!!! Pfizer covid vaccine 90% efficacy! Do your own due diligence, your risk is 100% your responsibility. Good luck and happy trading friends... *3x lucky 7s of trading 101* 7pt Trading compass: Price action Volume average Trend momentum Current events Revenue & Earnings Debt / Cash Book value 7 Common mistakes: +5% portfolio trades Bad risk...