PennantTrading

PennantTrading

DM in moving within a channel. I also noticed a weak head and shoulders forming.

PennantTrading

Its possible SPY is forming an inverse head and shoulders signaling a reversal. This line graph uses closing prices only.

PennantTrading

Bought a put on snap looking at 5 minute chart. Losing volume while in a rising wedge.

PennantTrading

IBM at the top of its channel. Bought a call and a put of equal delta.

PennantTrading

High bullish call and share volume. Also a breakout earlier in the day. Could come back down and test previous resistance but I will have gotten stopped out by then

PennantTrading

Lots of bullish options volume. Took up a long position today because of it. Stop loss set a little under the low of the day

PennantTrading

Bullish options flow. Got a call here twords close. I have a stop loss set

PennantTrading

Dont usually do lottos but a lot of bullish option flow. Could see a big jump up...or not.

PennantTrading

High bearish 14.50 Call volume. Big gap down after a huge run up.

PennantTrading

Lots of puts being bought today 5/23/2022. Could be consolidating before another big move down.

PennantTrading Updated 

A lot of high green candles and broke above previous resistance (white line). Took up a share position.

PennantTrading

High volume bullish candles the past few weeks. On watch for the next few days.

PennantTrading

Could fall hard if it breaks below this channel. Just watching for now to see that it does.

PennantTrading

Flagging on 1 hour. No position but interested in how this plays out.

PennantTrading

Im not usually into fundementals but I dont see how this stock is trading at anything over $40. I only see 20 stores on their website and theyre all located either within or in close proximity to Pennsylvania. Sure online ordering exists but there are so many other stores to choose from. On watch for now

PennantTrading

Watching for a breakout on volume. Earning is tomorrow so probably wont take up a position, but would like to get in around $127

PennantTrading

Consolidating today on 15 min chart above VWAP. High bullish volume on intraday chart. May have entered a little early (hour or so) but stop loss is set at $12.82.

PennantTrading

Flagging after a big mover down the day before. Looking for another big move down.