brianweber

brianweber Updated 

There is a nice symmetrical triangle pattern that has formed just in time for earnings. A good indication that a decent move is in store for EXEL depending on the ER. Green box : gap down here into support we could see some buying off the lower trendline and 100 day SMA, or the 200 day SMA if the price gaps that far. The latter being a much stronger area to...

brianweber

Giving a wide stop just in case the market decides to pull back some. Don't want to get knocked out too soon. Let's see how she does :)

brianweber Updated 

I have a limit buy at $37.50. I suggest you do something similar :D.

brianweber Updated 

Very bullish on AMZN right now. However, not buying right now with the SPY and QQQ pulling back, which should continue, and AMZN being at an ATH. Would like to see AMZN trade back to the 20 day EMA for a bounce. If that doesn't work, the support around $1,295-$1,300 before going long for a swing trade and/or investment. If she does break higher, I will look to...

brianweber Updated 

I bought the June $200 calls today, which provided the right amount of delta to have my stop below today's gap up candle. On the daily you can see that this gap is a gap-n-go since traders were shorting for the past 3 days (black candle gapping up). If we go higher, the bears will be forced to close their positions or take some serious pain. Let's see how...

brianweber

Sell the $155 put for February for $0.55 or higher. Looks like it will be close if the market keeps selling off. There is support around $160 at the 200 day SMA.

brianweber Updated 

UPS is trading right down to the 200 day SMA on the daily time frame. Look to play the bounce on shorter term trades. I am looking to go long after we consolidate a week or two between the $112-$113 area with some longer term options. Here is the weekly chart below. The 100 day SMA is also approaching the green box :) If the trade doesn't work off the 100...

brianweber Updated 

The overall market finally pulled back bringing most stocks with it. I expect SQ to trade lower with Feb 2's candle. If we make it down to the 100 day SMA and/or the lower trendline, I will buy more shares. This would require support to fail at the 50 day moving average (SMA or EMA). Play the bounce accordingly as well if we trade down to the 50 day SMA or EMA...

brianweber Updated 

MU opened and closed below its 100 day SMA on the daily time frame. I can definitely see some more downside down to $39 and maybe even the 200 day SMA on the daily time frame, which is also the 50 day EMA on the weekly time frame. Weekly chart: Considering a $37 Feb put sale for a limit of $0.40 or better. I wouldn't mind owning shares in MU :-)

brianweber

I'm looking to buy between $74-$75. The 50 day EMA on the daily time frame is about $76. We may bounce, but usually we go a little bit lower. The 100 day SMA on the daily time frame and the 20 day EMA on the weekly time frame line up nicely around $74. 100 day SMA on Daily: Weekly chart: Worst case scenario, C pulls back to the 200 day SMA on daily...

brianweber Updated 

To take advantage of the high volatility, I plan on selling a naked put over earnings for either the $155 or $157.5 strike price for this Friday's expiration (February 2). Most likely the $157.5 strike for around $0.80. A less riskier option (no pun intended) is to sell a BPS about $10 below the closing price for the same February 2 expiration. If I get put the...

brianweber Updated 

To take advantage of the high volatility and minimize the downside risk as much as possible, I plan on selling a 1097.5/1100 BPS over earnings for $0.40 or better. The expected move according to ThinkOrSwim is ~$55. Let's go GOOGL!!!

brianweber Updated 

I'm looking to buy at the $154.50 level when we pull back. This is approximately the 50 day sma and ema on the daily time frame. I have a limit order to buy April $155 calls at $5.15 per contract. The current mark is $7.10.

brianweber Updated 

If we have a pull back, $43 would be a great support to buy on the hourly chart. In the meantime, buying off the 50 day EMA on the hourly time frame would be a great idea. Here is the hourly chart:

brianweber Updated 

Trading based on the hourly chart. Would like to see TWTR pull back some into the EMAs for an entry with a target near the most recent high. Really like the volume that came in on Friday!

brianweber Updated 

Looks like we are on wave 5 on the way to make a new ATH. Be bullish!

brianweber Updated 

We are at the bottom of the upward trendline. I like the lower wick on Friday's candle signifying that there was a lot of buyers coming in at this level. I would like to see a close above the 50 day EMA on the daily time frame, ~$172.50, before going long. Worst case scenario we bounce off the 100 day SMA on daily time frame, which would be an amazing buying...