Great opportunity to go long on baba into earnings .. low rsi and getting ready to launch .. looking for this monday
WHY? - Below RSI on 1hr,2hr,4hr - High buying volume on friday when it hit bottom, shows reversal Will see how it opens up on monday, but this is definitely a play that I am eyeing
entered AUG 21 425 puts on friday
Wanted to post a learning opportunity because we are all trying to improve, and I definitely learned my lesson today. Was looking for this morning for Apple to dip down early since the RSI was worse than I have seen it in awhile, and instead shorted TSLA trying to hop on the train and ultimately got stopped out while Apple bounced exactly the way I thought it...
I like BA here .. looks like its ready to step into rotation and with crude getting propped up heavy this morning and vaccine hopes i like this position a lot.
Wild day today, such a good entry into long for netflix, sold off hard but bounced off that 50dma 1hr into AH HARD .. expecting big movement up tomorrow...
Nailed the last AMD call at the bottom of the channel, and look where we are ... the top of the channel!
Nice run by Chip Makers, NVDA is high on just about every time frame RSI and is way detached from 200 and 50 MA. Looking for a correction to close the week.
Longed apple when it broke that last peak around 370, looking for a midweek move to 380
Entered 7/24 calls for ulta after it bounced off of the 30 RSI on Daily responding to an aggressive sell off