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...
G/G trend with a pullback after earnings. Has 3-4 propulsion dots across 13/21/34 propulsion dots. Vscore area, RAF just below extremes = Minor low breakout. The only thing about this price action is I would wish for a larger pullback. The entry here is above 13ema, despite the momentum. Volume support is lower and starts around 41.30. I'm going to take a...
Big move after earnings was capped by Vscore resistance. Pros: Vscore is at support. 200 propulsion. Volume profile levels. Darvas 3.0. Cons: RAF @ 50%. XLY sector is below 200prop dots. GM price dipped below 200 prop, but found support. Entry - $39.35 Profit - Darvas Level - $40.50 25% Stop Loss 21APR23 39 Calls
ITB has been a strong sector that has pullback with Macro (interest rate) uncertainty. Prices consolidated after the earnings spike and have made a two leg pullback. Pro's - fresh (Y/Y) after G/G. RAF at extreme. Vscore @ support. Darvas and L2 support. Prices are within 34ema trend. Prices have volume support. Con's - Trend has weakened. No propulsion...
XLE is in a sideways trend with market and Oil weakness. Pro's - Darvas support, 200 propulsion, RAF Extreme, Vscore Extreme. L2 target is at 200prop. Con's - Sideways R/Y trend. Entry - $85.30 Profit - 50% range - $86.70 25% Stop Loss 21APR23 85 Calls
MS is the strongest stock in the XLF sector (Financial) G/G trend with Vscore, Volume Profile, 21/34 propulsion, Darvas 3.0. XLF has pulled back, but should resume trend with macro economic uncertainty (inflation reports/rate discussion) settles down. Looking by the minor low breakout. Prices with in the 13/21 propulsion dot levels. Entry - $98.05 Profit -...
G/G trend that found resistance at Vscore and support @ 200MA. SMH sector is G/G trend. Also found support @ L1=L2 down moves. Vscore support, Darvas 3.0. RAF is below extremes, so this is a minor low breakout trade. Buy on breakout of 79.70 Move stop to B/E @ 81.90 First Profit @ 83.50 - Based on Volume Profile resistance. 25% stop Loss 21APR23 80 Calls -...
Trend has turned R/Y after a strong uptrend. Aggro bounce here at support. Volume and Vscore support. RAF at Extremes. Darvas 3.0 and Darvas levels. Buy on break of /6e - 1.0715 and EUR/USD - 1.0705. Or Buy FXE options on the break of EUR/USD 16Jun23 100Calls. OI is thin @ 300. Profit#1 @ 1.0820 - 50% Fib and Volume Resistance. Stop Loss - 1.0595 - minor...
2/19/23: Put on the wrong chart...lol Trend has turned R/Y after a strong uptrend. Aggro bounce here at support. Volume and Vscore support. RAF at Extremes. Darvas 3.0 and Darvas levels. Buy on break of /6e - 1.0715 and EUR/USD - 1.0705. Or Buy FXE options on the break of EUR/USD 16Jun23 100Calls. OI is thin @ 300. Profit#1 @ 1.0820 - 50% Fib and Volume...
G/G Trend 21/34 Propulsion Dots. RAF is below extremes - Minor Low Entry Vscore -2 Support Volume support in this area. Inside candle after earnings Enter above high of inside candle @ 106.20 Breakeven @ 107.80 Profit @ 109.90 17March23 Options. 39 days until expiration, but we will hopefully get a bounce after the earnings drop. I don't want to buy 80 days...
G/G trend with RAF above Extreme means buy between 13/21 Propulsion/Moving averages. Need a pullback between MA with RAF above Extremes. If RAF dips below extreme, we will change to a minor low breakout buy. 21/34 Prop dots Volume Profile in this area. Vscore support in this area. Aggressive Buy. Buy @ 56.30 B/E @ 57.20 Profit @ 58.50 Stop Loss @...
CFG is following a reinvigorated banking sector with a strong uptrend. A recent pullback has left prices within my buy band. G/G trend with 13/21 propulsion dots. RAF > Extreme and Vscore =1 has proven to be support. Darvas 3.0 signal is further confirmation of strength. Looking for a minor low breakout and a retest of highs. Buy 21April23 42.5 Calls...
Citi is another banking stock flirting with upside. Prices broke above the 200 propulsion moving average and are now retesting the breakout. This corresponds with a weekly 1-2-3 breakout. G/G trend that is flirting with y/y. Will revert back to G/G with up day Monday. RAF < Extremes, so minor low breakout trade. No vscore. Some volume level support in this...
G/G trend 13/21/34 Propulsion Dots, RAF has just fallen below extremes. Touching Vscore support from fisrt of the year, along with first of the year VWAP. Darvas 3.0 signal Entry on break above Minor High @ 83.05. Move stop to B/E @ 83.95 (50% Fibonacci) Profit Target - $85.20. Stop Loss @ 25% Options Looking @ 17March23 Options 83 Calls. Option interest is...
Strong G/G trend that has transitioned after weak week... RAF is not overextended, but price has found volume support at the WAVE with a minor low pattern. Still has positive momentum. Looking to Buy on the minor low @ 79.70 on Monday. 21APR23 80 Calls 25% stop loss Profit Target 1 @ 50 % retracement - $80.60
Previous heavy downtrend. 1-2-3 reversal trade in progress, but resistance at RAF extreme and Vscore = 1 (65.05). Volume Profile resistance at 65.40. Looking to Buy puts on a breakdown from the Minor High. 21APR23 62.50 Puts based on Open Interest and proximity to price. Stop Loss is 25%. First Profit @ 60.50.
G/G swing trade with RAF at Extremes. Propulsion dots and prices touched the Vscore = 2. Darvas 3.0 Arrow. Support at the post earnings prices level. 2nd entry will be below RAF extreme and need a Minor low entry. Watch tomorrow for 2nd chance entry @ 21 propulsion. Should have been in today at the 21ema/Propulsion.
R/R trend with 3 propulsion dots. Vscore = -1 resistance and RAF is at lower extreme. Prices hit 21 propulsion today - could've entered short. Look for entry tomorrow. Heavy downtrend.