OptionsMastery

OptionsMastery

As you can see here, we are approaching a major imbalance on the hourly chart. I will be looking on the 15 minute chart for a heavy bounce off with good volume and hold it until close for a day trade. As always, thank you for viewing my analysis. #macys #puts #scalp

OptionsMastery

As you can see here, I drew support and resistance levels based on the weekly chart. But on the daily chart, we are forming a double-bottom pattern. I am looking very bullish on XOM. Now, I am waiting for a strong heikin ashi candlestick with no bottom wick and with substantial amount of volume. Thank you for reading my analysis.

OptionsMastery

I drew these trendlines on the hourly time-frame. I would watch on the 15-minute candles for a bounce off of one of these lines. I would NOT swing trade this since we have earnings coming up this week. As always, thank you for reading and watching my analysis. Have a blessed week ahead!

OptionsMastery

We are in a major weekly demand zone here as you see. Yes, we have entered it fast but I like how Friday's daily candle rejected the zone, I will be looking for a bounce for at least this upcoming week.

OptionsMastery

As you can see here on this daily chart, we are approaching this weekly support line. I am going to wait for a bounce off this line with high volume and a strong green Heikin Ashi candlestick. This is a great opportunity and the contracts are looking good. I would not trade this within the week of earnings because of the potential volatility so I would look for a...

OptionsMastery

As you see here on Lowes, we are entering a demand zone. I will be looking to see how the heikin ashi candlesticks react to this level. I will also look for a bounce with high volume to validate my entry. Thank you as always for checking out my analysis.

OptionsMastery

I was bullish on JNJ until I saw this today. We have broken through a long time support. With a strong Heikin Ashi candlestick. I am waiting to see if there is substantial volume at the close and then I would enter some maybe week out puts. The green line would be my profit target for JNJ. #jnj #puts

OptionsMastery

As you can see here we are sitting on a support line I drew on the 1 hour chart. We have formed a double top on the daily chart. I am looking to either gap below this level or breakthrough, retest and buy puts on the 15-minute chart with high volume. The bottom green demand zone would be my profit target.

OptionsMastery

As you can see here, we are approaching a major support zone that I drew on the 1-hour timeframe. I will be watching for a bounce around the 351.40 area on the 15-minute timeframe with high volume. If we touch the top of the trendline, I will look for a bounce to the downside.

OptionsMastery

As you can see here on the daily time frame, we have respected this level on the weekly time frame support level. I am watching to buy at the close of a strong green heikin ashi candle stick bounce off of this zone with high volume. Keep your charts simple! As always, thank you for watching and reading my analysis.

OptionsMastery

As you can see here we have approached a demand zone at immense speeds. I am looking for a breakthrough of the demand zone, retest and a flush down possible on monday. We are in an overall down trend on the 15-minute chart.

OptionsMastery

Spy is a buy right now. We are in a demand zone and heikin ashi candlesticks have turned green. I would wait to enter until we have a strong green candlestick on the 15 minute with high volume. #SPY

OptionsMastery

As you can see here on the 15-minute chart we are in a channel. I drew this channel on the hourly time frame. We have recently formed a double bottom on the daily chart and we had a massive green day today. I am looking for a breakout and retest on the resistance-turned-support bounce with high-volume calls. As always thank you for reading my analysis.

OptionsMastery

Good morning traders. As you can see here on the 15-minute chart we are in a channel on spy. Looking at the daily chart. We seemed to have made a mini reversal to the upside. So, I will be looking for a break of this resistance at the 438.15 level, retest, and bounce to the upside within this week. Thank you as always for taking the time to look at my analysis.

OptionsMastery

Good evening everybody. I am bearish tomorrow on TGT because we did not close above yesterday's close. Also, we were green but our volume was very low, also we are riding an upward trend line that I drew on the 1 hour chart. I will look for a break of trend-line support and retest to the previous horizontal support. But, if we go up, you can see my scenarios in...

OptionsMastery

Hello all, As you can see here on the 15-minute chart we are in a channel. I drew these lines and supply zones on the hourly chart. I am looking for a bullish breakout and retest of resistance with a high volume bounce off with good volume on the Hiekin Ashi candlestick chart. I am looking long because the market seems to go where the liquidity is. Thank you for...

OptionsMastery

As you see here on the daily chart, we are bouncing off of a weekly trendline. We are also forming a bullish flag pattern on the weekly chart. So, I would look for a price break above the trend line on the daily chart with heavy volume and look to hold for a few days. This is a beautiful play.

OptionsMastery

As you see here on this 15-minute chart, we are approaching a major trendline. On the daily chart we are about to cross up, the RSI is slowly increasing and is currently approaching the 50 level. As you can see on the last bar of the 15-minute candle, we had a major push in volume. If we gap above the trendline on Monday, I would look for us to retest this level...