Tech sector has been in this bullish channel since November. Wait for any dips that stay in this channel for a long trade. 415 would be ideal.
Currently in a down trend channel, but closed back into a previous bullish channel. We will know in a couple days the direction this will trade in. Wait for confirmation and then trade accordingly.
Well we didn't have the break out we were hoping for (up +10% one day then nothing) but price is respecting this trendline from September. Earnings are Monday after the bell, so as long as we keep riding this bullish trendline it's up from here. Highly recommend you buy shares instead of options as the MM tend to burn both sides.
Here is a weekly chart of Rumble from Dec 2021, clearly in a bearish channel. Although up 40% today, it is still not out of this channel. Wait for the breakout to go long. If it cant break out, short the reliable downward trend.
PLTR has broken out of its falling wedge pattern. Expecting a big week. Going long with some weekly lottos and 1-2 months out. Good luck traders!
After a +60% run from 28 to 46 due to a huge earnings surprise beat Limbach has pulled back right to support of 36.97. +195% YoY Go long with shares or July 19 35C @ 7.3
Text book falling wedge pattern on PLTR is forming. If this breaks out, 20+ is not unreasonable. Wait for the breakout and go long! Good luck traders
Drew these yellow support and resistance lines awhile ago and they are still being respected. A new bullish channel has developed. Its also well know Nancy Pelosi bought $5M of Jan 2025 (or is it Dec 2024?) 120C. Follow the money. Go long!
Still in bullish channel. HMA has curled up. Go long! Buy shares as this is very volatile and can turn on a dime. Wait for trend confirmation if buying options.
Waiting for confirmation here. If we close below 15.86, 13.66 is our target low. Otherwise we trade higher until we get to the top of the channel. Will need to break through that to carry upwards.
Vista Energy continues to trade in its bullish channel, up 138% YoY. Oil took a pounding last month, but with news that pirates are attacking ships, tankers in the Red Sea have stopped making deliveries causing the price to jump 5%. Go long.
Applied Optoelectronics has re-entered its extremely bullish channel that started in June. Volume has been double (average 2M, now 5M) as buyers are pouring in with the projection of AAOI being profitable next year. Technically we are extremely overbought, but the trend is your friend! Go long. Buy shares and hold. Options are over 100% IV.
QQQ hit near the top of this bearish channel and reversed. HMA has curled down and about to crossover (bearish). Expecting more downside this week, as low as 355 (support). Go short!
If NVDA can stay in this bullish channel, go long, but if it closes outside of it, we short. Stochastic is overbought so we might just see a cool down. Watching for direction.
Its been a great recovery week for PAA as it fell out of the bullish channel in the beginning of the month but as predicted, it has bounced back, hard! Bought Jan 26 15c for 1.10 last Friday. Currently worth 1.52 representing a 38% gain in a week. Although its been a great week, we are nearing over bought territory and want to lock in some gains. Will sell once 9...
Vista Energy has been in a bullish channel since Sep 2022. Currently up 177% YoY. Expecting a pull back to 28 as it has hit the top of the channel. Trade idea: Nov 15 30P 1.80 If 28 hits, that will net over 100% profit (31-28=3x.63 delta=1.89) Earnings are Oct 24. Will close trade before then.
Trading View keeps taking away my indicators so I'll keep it simple: The trend is your friend, keep following it up. Long here. I have 445 calls for next week. Good Luck!
Waiting for a pull back here and then loading up on dirt cheap $15 calls for 2025 and 2026. Price action to 18 will pay 300%. Was unable to get filled when trying to sell when it hit $16, still holding up 35%.