Buy stop order to get long at $12.20. ATR trail stop would start around $9 is my best guess before being filled. Right now the dot on the chart is below $8.50 1st target would be $16.80
Whatever that means. Can't seem to get above $6.35 (the high on the March 9th candle) MACD crossing higher so this may have found a bottom. Obvious stop is below the $5.21 low. Earnings are due out after the close today.
Update on an earlier idea in the link. $4.90 entry Sold 1/4 of position at $7 at the fib 1272 extension Trail stops moved up at the close today on the rest.
Might be a trend shift on the weekly and daily charts (not shown). Might crap out here for a little bit at the 618 extension. Your guess is as good as mine. Long with a $11.40 stop. 14% short float will help buyers on breakouts.
ULTA is in an obvious up trend on the weekly chart. Sort of sideways on the daily chart with an RSI making lower lows and lower highs. But if you put a lot of stock in candle formations then you might be willing to risk some money to the downside. Bearish formation in Friday's candle on the daily (engulfing candle) within a one on the weekly (upside down hang...
Still range bound for now. This is what is needs to go higher: AMZN is still range bound in this pennant/triangle until there is a close above $436.90 (MAY 21st high) or $439 (MAY 11th high) before it can breakout and test that $452 all-time high. Buying a June expiry 440/450 Call debit spread for $2.00 or lower would be a nice 1:4 risk:reward scenario. And you...
$DE If you look at the monthly chart John Deere could test that All-time high it bounced off of in 2011 (and big round number) at $99.80 Zooming in on the weekly also shows a close above $93 is out of the resistance line in the top of the monthly pennant I drew. Buy the stock now or on a Friday close above $93 or Delta 40, JAN16 97.5 Call is a cheaper way of...
Fireeye Inc is eyeing the February $46.44 high earlier this year for a breakout. This would be a 52 week high as well. Chart on left is the weekly, while the chart on the right is the daily. I can wait for a daily close above this level or a pull back from this $45.07 close on Friday. The MACD on the daily chart is trying to move higher. For Fib extensions you...
An all-time breakout is a close above the 183.51 high in December 2104
Ignore the badly drawn cloud. I was bored :) Premise: I wanted to get into $GILD last week and it looks too exteneded today. So I found this $SWKS chart and it could make a similar move. Breaking the trendline on a close above 99, making higher lows on the daily chart. Front running a breakout above of the March 23rd high at 102.77 MACD is trying to go higher....
Getting long JUNE 50 Call options for only $1.90 MACD is trying to cross back higher on the daily chart. Targets at extensions Link below is the short interest in this stock, not super high but high enough to run some buy stops.
Bought some stock today at 3.90. Front running breakout above the 2015 March $6.37 high. This pennant should resolve itself Obvious stop with a daily close below 3.80 will get me out. That is 2014 March resistance turned support on Feb '15 breakout. Targets at fib extensions.
I bought some shares at $18.25 The IPO high is above 23.20 and weekly pennant resistances above 19$ Stop a daily close below $16.50
$ROSE is lower after earnings. Looking at the weekly chart it is range bound in this big rectangle. 16$ is support from lows in late January and mid March. 16$ can be a short targets because of it's snap back rallies to the top of the range. The top is only two weekly bars from the January low and it was above 25$ The breakdown below 32$ in November of last year...
This was a long time coming. July Puts at the 75 strike are only $3.02 as of 10:40am A close below the March 3rd low at 80$ confirms a breakdown lower. Below the 50 day sma. $80 was support and will turn into resistance. Anybody who bought the IPO opening day last year at 92.70$ is feeling major pain. Or someone knows something selling before earnings (05/07...
$APC reported earnings and every headline I saw read "missed by" whatever number. Looks weak so far but still stuck in a pennant formation on the daily chart. I have had a AUG 95 Call for over a month. Up a dollar and change I might sell on strength at another test of the 4/20 candle wick high 95.94 and today's 95.75 high. A daily close below the ascending...
Hammering a swing low floor between 416-420 but only confirmed on a close higher today on the daily. I cheated and bought an OTM JUN 460 Call option for only $4.50 looking to add a 425 Call lower or tomorrow only if it closes above $426 today. Stops below 5/1 Friday's $416.00 low. I am going to move a trail stop to the previous day's low on the underlying stock...
Gap fill candidate on the weekly for $IBM and earnings today. Bought a JUNE 170 Call for $2.25 this morning. It is counter trend for sure but it is a low risk gamble. Risk the debit paid into expiration or profit target a double overnight.