So i have been now trading using FVG and Fibs for well over a year in a half now and i can personally say this is by far the best trading strat around since i started using this i right away noticed how it really does simplify trading down to the bare bone essentials which has helped me see and read price action a lot better yesterday being the best trading day i...
As you can all see from the daily chart CCJ pulled back on the Fib levels to that .50 area we wicked and are now potentially heading back up to potentially make new highs, me personally i would of much rather liked a pull back to .786 area before we got to see a new run to the top but either way i'm ready, looking at the options chain flow the 35 call for May 20...
#ZIM over the last 3 days is clearly showing on the VP that people are buying what they see as a potential leg up area due to the POC being shown at the top of the last three trading days price action, looking at other indicators for sense of direction we see the 8ma making a move crossed over the 21 ema signaling a bullish sentiment on the daily chart which...
I think we see a little more downside on #SQ before we see a nice push to the upside as we are getting close to that .707 level on the daily especially after todays move
#FB wicked that very important algo level on the daily ( .707 ) we will see if heading into earnings that will be enough for us to get a good push to the upside closely watching the flow for bullish signs today right at close we got another 150k expiring in 2 day on calls #SmellsBullish
#FREY is setting up nicely on the FIB levels on the daily which is looking nicely setup when you match it to some options flow which has been alerting for the $12.5 and today the $15 strikes for May which when you look into it further at .231 P/C ratio all looks pretty bullish in the short term
#UBER so if the fib levels are correct from our most recent swing low we wicked that .768 level and bounced off for a potential short term opportunity for calls to the upside at the 34, 35, 36 strike as there is a huge level at 37.50, looking at some flow data 35 strike for the 20th of may has 67 thousand OI sitting on it now 40 has 41 thousand both of which are...
so yesterday i posted a few ideas of some very clear inverted head and shoulder patterns that are present in the airline companies see also #UAL #LUV both are clearly set up and showing massive opportunities to the top side the biggest being UAL with the measure of a possible 19% upside brining it into the mid 60's price range with in the next. Heading into...
second air line play i find on the daily chart with an inverted head and shoulders pattern you can also check out #UAL if confirmed that would main a 19% possible future gain for #LUV putting it up in the low $60's either way i will be watching both of these plays heading into earnings for the next q's guidance as summer usually means more money for people wanting...
play i will be watching heading into earnings as well as the other airlines, as I'm expecting a lot more volume heading into the summer months when most people like to get away. Either way i still feel at this price all the airline plays are under-valued as well as A LOT of other retail fav's
possible flag breakout getting close to a break out which can lead to some nice upside even in this market we are in. i think this company is undervalued since being shed by dell months back with current market it has only highlighted how much it is undervalued based on the valuation and stock price
this is looking to get shorted testing out old ass support from 2018 and i have a feeling she won't pass or i just don't see it happening in this market
#ADA i mean look at this chart if you don't see value here i mean legit look at the chart again lol
#SMH is seeing increased bullish volume ( blueish nodes ) compared to bearish volume ( orange nodes ) on the volume profile sitting on a great spot ontop of a volume shelf with plenty of room to push to the top side if we can keep this trend so far don't dive into plays in current market ease into them to manage your risk as best as possible
#AVGO is at all time highs recently gapping up however if you pulled the FLOW on Unusual Whales yesterday the 13th you quickly saw that the FLOW was 73% bearish with extremely large PUTS and Sold Calls being placed against AVGO for this friday's experation played the $600 PUT and already mid way through the day am up 170%
Microsoft as you see in the chart was clearly affected by the wild week we had of trading this past week but it has presented us with a perfect dip buy opportunity if you notice the last candle in the chart has a super long wick on the bottom side showing us that although sellers are in control buyers are rejecting lower prices plus we also are getting a nice...
Square has been hit really hard lately but the good thing is the chart has painted for us a really nice Bullish Flag setup to add to our watchlists for a reversal or a breakout to jump in with shares or for my option traders like myself a good call setup, i'm looking at the FLOW on Unusual Whales closely to see when to jump in exactly Especially now that Jack...
So as we have seen this week with the delisthing of DIDI i would encourage any trader looking to jump into Chinese stocks to proceed with caution or tread water very carefully as this seems to be exactly what Winnie the XI wants at this point the best plays we can do to make money on CCP plays is PUTS or at least for me that is how i will be proceeding i know it's...