UnknownUnicorn7245819

UnknownUnicorn7245819 Updated 

I just sold a put option at 245 for MSFT expiring on 2/18/22. If it gets there, it will be a 18% drop from here or 30% from the top. and I am buying this anyways at that price. If it doesn't get there, I keep the cash.

UnknownUnicorn7245819 Updated 

It looks like we are going to have some sort of correction in the market including MSFT. Potential buy zone at around 310. If it goes lower than that, it would be around 280-290.

UnknownUnicorn7245819

Typically when the S&P 500 rebounds from a correction, put to call ratio (PCC) should go down. However after the correction last week, the put to call ratio remains elevated above 1. This is a strange behavior. Is the institution expecting another correction in the near future?

UnknownUnicorn7245819 Updated 

It looks like FB is trending sideway (re-accumulation) for now after an uptrend earlier this year. It is time to accumulate shares for the next up move. Looks like a good buy now at around 340-350 (undervalued). Buy more if it drops more.

UnknownUnicorn7245819

With the recent drop on the DIA, two uptrend lines are broken down and the only thing left to be broken is the horizontal support at around 336-338. Once that is broken, the selling could accelerate further.

UnknownUnicorn7245819 Updated 

The bull market trendline off April 2020 is still intact. I know that the trendline from a few months back is broken already, but I like to look at the bigger picture as well. It is something to pay attention going into October. If that trendline is broken, then the market is mostly heading down more.

UnknownUnicorn7245819 Updated 

It looks like a market correction is coming in the next couple of weeks. I have boxed the next buy zone from 275 to 284. It really depends on how deep the correction is going to be. Please confirm with price action.

UnknownUnicorn7245819 Updated 

TTWO is coming down to 150 or 160 again right before earnings in early August. It could be time to add some shares or sell a put option.

UnknownUnicorn7245819 Updated 

The trend continues to be up for the SPY, just follow it into September. Unless something unexpected happens, it will grind up into mid-September or so, goes for a minor pullback as usual then up again into October.

UnknownUnicorn7245819 Updated 

ANTM is now pulling back down. Looking to reach the buy zone of 340 to 350. It will be a good zone to buy for the next leg up.

UnknownUnicorn7245819 Updated 

For the last two times that AMZN had made a strong initial push up from support, it had a second leg up after 1-2 weeks of side way action. It looks like this might be the case this time as well. Target should be 3600-3700. Please watch the price action to confirm.

UnknownUnicorn7245819 Updated 

After the last dip on Aug 19, it looks like the QQQ ready to grind up to the upper trendline at around 390 before the end of summer trading or first week of September. Watch for price action next week for confirmation. Don't trade based on this, thanks.

UnknownUnicorn7245819

INTC has been trending downward since April 2021. It looks like it could be going sub-50s again. Just be patient and wait for it to get to 43-46 again. When that time comes, load it up and wait for 20-25% return in a few months.

UnknownUnicorn7245819 Updated 

AMZN is oversold on the RSI since the earning drop. It should be due for at least a dead cat bounce to 3300-3400.

UnknownUnicorn7245819

AMAT has dropped 10%+ in the last 3 days, and it has reached the upward trendline. It could be a good time to buy the dip. Please wait for a bounce first before buying though. For anyone who trade options, you could sell some OTM put options to get stock for a discount.

UnknownUnicorn7245819

SBUX is coming up to horizontal and trend line support at around 115. Look for a bounce and a long trade.

UnknownUnicorn7245819 Updated 

It has been a great run from 240 to 280 for the last 3 months. It continues to be a good hold for long-term investors, and that will continue into the end of the year. I see two possible pullback scenarios in the upcoming month. 1) Consolidation or Side way action between 270 and 290 for the next 2 months until the next earnings and then take off beyond 300. 2) A...

UnknownUnicorn7245819

For the last 3 earnings, FB drops 10% and then go for a run either right afterward or a couple of weeks after. I think this time is no different. It looks like this time the dip buying point is around 340 in sync with the trendline and the 50-day moving average.