Bot options today on the pullback @ 51.70 G/G Wave Minor Low Vscore Vprofile Secret Squiggle 50% 50% Fib Entry - 51.70 / 51.37 / 50.70 T1: 52.50 First Entry: 18 Oct 24 50 Call - 2.40
G/G; Wave Vprofile Vscore 50%Fib Still trying to break Minor Low. Almost to 50% Secret Squiggle. Very strong uptrend. Buy @ 105.70 / 105.05 T1 - 107.90 BE - 106.80 Option interest on the October Interests is pretty low (441) November is 1000+, but 60 days. 18 Oct 24 - 2.5-ish
TSM is in a strong bullish trend and formed a bullflag pullback after reaching L1-L2 target. Prices appeared to try a breakdown through channel support and were quickly bought. Volume resistance lurks overhead through 99.20, but a breakout would lead to room to run. I'm looking at this trade from 2 sides. 1. Conservative - wait for another minor low with...
AMD created a strong trend post earnings and has pulled back. An L1+L2 pullback was supported on Friday. Like TSM, volume lurks overhead. Additionally, resistance exists on the weekly chart. I am looking from an aggressive entry on the Friday minor low candle breakout. Prices are supported by volume and the trend. If prices continue to pullback, I will look...
INTC has a solid G/G trend and is hitting volume support. I missed the minor low entry on Thursday, but it has not hit my initial profit target. I am looking for prices to sag a bit on Monday to get an initial entry around the Breakout area ($42.50). Title Minor Low Buy Trade...
Roku has entered a solid G/G trend after earnings. Prices consolidated between 11/3 and 11/13, before breaking out. Prices are not consolidating again into a shallow bull flag. I am looking for a breakout of Friday's bar for continuation Title Minor Low Buy Trade...
ANET is in a strong trend and is potentially pulling back to price based support levels. Prices have broken down from a bearish flag that formed after earnings. However, the price based pullbacks are supported by volume. Two levels appear to be in play. 1. $213.16 2. $210.16 I will look for prices to hit these levels and then buy on the minor low...
AAPL is in a strong trend and forming a bullish flag. I entered 12/1/23 on the minor low breakout at 190.55. I should have bought less time on the option, because it prices quickly moved to my 161.8% target. I'm allowing it some room to run and will set another profit target. Currently, my trade is at breakeven stop loss, based on hitting the first Profit...
Title Minor High Sell Trade Theme Daily Sector/Stock KO Trend R/R Propulsion Yes Vscore Yes Vprofile Yes RAF 50% Darvas No Darvas 3.0 Yes Entry 55.3 Profit/Breakeven 54.8 Stop Loss 15% Option Option Play 15Dec23 55Put
Title Minor High Sell Trade Theme Daily Sector/Stock ABT Trend R/R Propulsion No Vscore Yes Vprofile Yes RAF 50% Darvas Weekly Darvas 3.0 Yes Entry 95.09 Profit/Breakeven 93.55 Stop Loss 15% Option Option Play
Trade Theme Trend Reversion Sector/Stock BAX Trend Y/Y Propulsion No Vscore Yes Vprofile Yes RAF Not at Extreme Darvas Yes Darvas 3.0 Yes Entry 40.2 Minor Low Breakout. Look for improvement on breakout...
Trade Theme Trend Reversion Sector/Stock DVN Trend R/R Propulsion 21/34ema Vscore Yes Vprofile Yes RAF Not at Extreme Darvas No Darvas 3.0 Yes Entry 49.95 Minor Low Breakout. Look for improvement on breakout...
DKS has an earnings breakout gap that has been filled. Still strong G/G trend. Options are expensive ($10/contract), so I set trade up as a stock buy. Looking for a profit target just below volume resistance and near 50% retracement. Trade Theme Trend Reversion Sector/Stock DKS Trend G/G Propulsion 34ema Vscore ...
Trade Theme Wave pullback in G/G Trend Sector/Stock WYNN Trend G/G Propulsion 34 Vscore Close Vprofile Close RAF 50% Darvas No Darvas 3.0 Yes Entry 107.51 Breakout Look for 5% and 10% Option Price Pullback Entry Profit/Breakeven 111.2 50% Fib retracement Stop Loss 25% Option 19May23 105 Call Good...
Not as strong as LVS, but similar trade. Trade Theme Wave pullback in G/G Trend Sector/Stock MGM Trend G/G Propulsion 34 Vscore Close Vprofile Yes RAF 50% Darvas Yes Darvas 3.0 Yes Entry 42.5 Look for 5% and 10% Option Price Pullback Entry Profit/Breakeven 43.75 50% Fib...
XME was a strong trend that hit resistance due to Macro economic data changes and has formed a 2 leg pullback. Prices bounced off volume levels and sit at the pullback measured move target. Trade is aggro due to the R/Y sideways trend and prices are below 34ema trend. However, there is a lot volume support below this level. RAF extreme oversold indicator is...
ATI is part of the XME sector and has stronger price action than the sector. Perhaps some doubletop price action here after testing the earnings spike. However, with XME setting up to break higher, ATI looks to benefit with already strong price action. G/G trend with RAF at extremes. 13/21 propulsion dots indicate strength trend. Vscore support at this price...
Strong G/G trend in a sector that should continue to benefit from arms sales and production. 21/34 Propulsion support, Darvas levels, Darvas 3.0 and Vscore support. Volume support is priced lower. This may end up being a multiple price entry or an entry @ lower prices. Entry - 115.60 minor low breakout Profit - 117.20 Stop Loss @ 25% Options are...