I was able to take some shares long at $299, i think this can recover and head back over $325 this week. $298.16 - 306.53 looks like a really good value area This is my first trade with SNOW, I do really like the company long term, and until the sell off I would have seen a run towards $360 for Feb.
A lot of risk on for this stock, but i love it, took some long this morning
This is an interesting situation as my calls expire in a month and appear to open ITM. I have a rule to always sell if i exceed a 30% return, this is going to be at least 150%, so I will unload my $430 & $450 calls at open and await a re-entry. I will keep the $465s for Dec 18 however, as I think get some FOMO buyers now that we are through $450 But wow......
Yesterday was my best day since August with TSLA. These are all based off my work on this the past 3 weeks, here are my trades from yesterday: 1. Exited both sets 11/13 calls (+23% & +74%) from friday. 2. Took $445 small weekly puts @ $449 - exited $434 (+63%). I did not expect it to drop more than this, left at least 40% more on the table but that happens. 3....
This sounds crazy, and if you agree or disagree PLEASE let me know why below; however, I think 4200 can trade in first half of the 2021. To me, the bounce back in Feb looks like the start of the major move with the past 2 months being strong consolidation. I think we are going to get a repeat of the move from April until now, with a major correction at the...
Was able to made 2 trades on this in first 20 min, worked out very well. I wanted to point out how crazy this opening candle was... i saw it dip towards the purple line and added some more just in time. Now i just wait for another entry :-)
Scaling into a long position with 11/20 calls. Will only add 2 today, will do another 3 monday if are above 435. I am okay with holding this over the weekend, but nothing too large. I think we have a similar setup to my last tesla play linked below.
Not looking for anything too long term, i took a little long around $348. If we stay above 348, I am looking for a push back to $355, if we dip below I will short targeting 339. Not really interested in any big short term positions.
This was a lot of fun! Also looking forward to the markets for the rest of the year! The Donald losing chart for reference:
I believe Sleepy Joe provides room for continuation to $1. As we can see here, the Donald tries to find acceptance above the excess lows:
Went long on calls yesterday. I thought the R/R was fantastic for $430 nov 6 calls. Levels marked with blue line are old levels, white lines are new levels. I use these to plan my trades and what I am looking for is a test of single prints above $417.6, if we get through that I would like it test the other weakness around $420.69 (not even kidding). If we get a...
It has done a pretty good job of repairing the price action over the past 3 weeks. There are some other areas to repair, but if its gets through $500 I think it can make a push for $525
Lets see if i am doing this right. Looking to enter short ~$508; looking to ride to 495
Look at the volume profile on the right bar charts where the purple line is, not much buying or selling. The higher you go you will notice more buyers than sellers, who are likely trapped. We need to revisit this area. I think if we can get above $22.06 it will turn it around, all of the yellow lines are my levels for this. I will play this with options starting...
Take a look at the excess low on July 31 and how it is acting as support for this move. The same day we had a $1503 high, so you can follow that to see how the candles break up and down from here. I drew a channel through this and the bottom and top have behaved quite well so I can’t imagine this changing. We got out of it yesterday at the end of the day, but...
We have been bouncing off the levels i have been using, almost to the exact cent. Today we filled in the poor structure from the sell off last week. We need to get through $325.50, was a major support last week. From there, should try to head around $327 and then $329. I think we are very close, but one bad headlines can wipe this out pretty quickly. Gooddddd luck