bullpentrades

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ABT - Beat earnings estimates in sales and EPS. This was an earnings winner that surprised in both EPS and sales. I like this for a 125 call swing if we can hold up at 120.42. We broke this resistance on Friday and will have close eyes on it for a position in between this 120.4 & 121 range and should easily make it back to 124-125 if we can push out of this range.

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ETSY - Earnings 8/4 AMC. This is another that has been running strong but has plenty of room to push higher. It broke it’s daily downtrend on Friday and had a great push through its 208 area resistance. Will be watching this area as support to set up for a swing trade ahead of earnings and I would like to get into some 220 calls. This will easily make a run for...

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PYPL - Earnings 7/28 AMC. This one just barely broke its ATH late Friday. I definitely want to keep this level on watch as either support or resistance depending on where it opens on Monday. Has a good chance it will open higher and will be watching for a pullback to play a continuation. If it pulls back below 307.5 at open, it may not be ready to move higher...

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JNJ - Beat earnings estimates in sales and EPS. They had a great earnings and chart is looking very good here. Will be watching 171 as a key support on Monday and 172 area as resistance. Would like to get a dip buy to 171 as long as it holds but I will be looking at 175 calls for a potential swing trade with a PT of 175+. If we don’t hold 171, this could easily...

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MA - Earnings 7/29 BMO. Looks very strong for a potential ATH breakout. Key level to break is the 393.30 and should easily test 401.50. V is also very similar and has earnings ahead of MA so we could see some sympathy movement ahead of MA’s actual earnings report. Both have great set ups for a breakout ahead of earnings and will keep them on watch for a short term...

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AAPL - Earnings 7/27 AMC. Will be keeping an eye on this closely on Monday & Tuesday ahead of earnings. The chart is looking very strong to continue pushing this ATH and have a potential breakout as long as we don't fall out of this bearish rising wedge. Consolidating near highs after its run to ATH's but it may be worth taking a small position for earnings but is...

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Important levels to watch tomorrow for overall market direction.

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V - One last one I will be keeping an eye on. We got our breakout we were watching for previously but looks like its giving us another opportunity to jump in after pulling back down to 13 ema support and now forming a new short term uptrend. Watch for a continuation higher if this uptrend holds. Could be a great one to ride back to highs 220.39 and potentially...

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DIS - Love this one for a continuation higher. My PT is still 200 for this and looking like we are at a great entry point for a swing. Price held near current uptrend support on Friday. Will be watching for any dips near this level or break of consolidation downtrend to enter a 200 C swing that covers earnings (2/11).

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CAT - This one looking very strong with a big volume day pushing it even higher out of big overall uptrend. Tested support outside on Friday and held strong. If this continues to hold outside Monday, I will look to enter a 200 C that will cover earnings (1/29) with a PT of 200-205.

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ATVI - Great set up for a swing on this one. Recently broke previous highs (87.73) and has now tested as support twice and held and looks strong to continue. Could see more consolidation so buying time is smart. Will be looking at entering a swing with a 95 C with PT of 95-100.

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ABBV - This on still on high watch as it consolidates in it range (101-109) and is slowly uptrending towards it ATH. Current resistance near 107 with closest support of current uptrend on the daily chart. Looking to scale into a 110 C swing on this as price nears uptrend or breaks 107 resistance with momentum that will cover earnings (2/5).

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CRWD - This on continuing strong after a nice consolidation pullback and bounce back to highs. Resistance still around 228 so need to see this break and hold that level to continue but definitely one to keep an eye on for day trades and swing trades. Would even like to see this pull back to 215 area for entry but will definitely be keeping an eye on this one. PT 235

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ROKU - This one has just been on a continued rip since its HBO deal and has been great for scalps, day trades, & even swing trades with many more opportunities to play. Keep an eye on this very strong channel and play it accordingly. If it continues to hold, take calls off the bounce if it breaks take puts if it confirms outside. Just be careful of fake outs. This...

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PYPL - Still bullish on this one and if you follow us on TradingView or have joined us in the Bull Pen you would have seen our plan on this one. Still some room to go IMO just a nice pullback on some lower volume trading days. Keep and eye for a continuation for a great day or swing short term swing. My PT is still 250 - 260.

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JNJ - This one is currently at a key point and could be a great play in either direction. Holding tight to its uptrend on Friday which also happens to be this 13 EMA level, I will be watching to see which way it goes from here and play accordingly. Strong bounce on Monday I will look at 155-160 calls and breaking this uptrend I will look to play 150 - 145 puts....

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DBX - This one was recently on our watchlist but definitely gonna keep watching. We got our break of resistance at the 24 area and are currently consolidating right above. Holding above 24 would confirm this as support and will look to enter near this level to play potential upside in this current up trending channel.

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CRWD - Will definitely be keeping an eye on this one. Starting some consolidation the last 2 trading but is definitely one I can see continuing higher being a cyber security company following this recent breach. Will be looking for it to pull back a little to it’s MA’s or just stay in its current range. Will then look to play a continued breakout past its current...