cashcow04

cashcow04

In the Oct 7 Weekly $88 Puts. Overbought on RSI, and hitting pivot resistance. Very far detached from the 5 and 10dma's. Looking for a pullback to any of those fibo levels.

cashcow04

Too much too soon. BOJ and FOMC tomorrow. Not sure this can break the 1.5 yr downward trend. Seems to retrace the next day after hitting the trend. We'll see.

cashcow04

Today's pullback the beginning of a cup and handle formation? If so, looking for a pullback to around $15.58 or even possibly $14.42 depending on how bad the market sells off due to the FOMC meeting on 9/21.

cashcow04

Watch INTC here. Lots of bullish calls being bought the past month, with it picking up again today. Stock had a nice consolidation after a huge run up at the beginning of July.

cashcow04

Friday had 5600 Sept 85 calls bought. Today has another 3000 bought. This thing might be breaking out to re-test the highs of $87ish. Nice support at the 50 day as well. Watching.

cashcow04

Coming out of a month long base after crap earnings. MACD crossover on volume thru 1/2 of the trading day already. Watching..

cashcow04

Are we going to see a bounce at $36.50 which was previous resistance dating back to last Summer 2015? Or is the EM bull run over and we'll go back to the range of $32-$36? Watching this guy. $DXY still weak so...

cashcow04

This could be a sexy payoff. Looking at the Sept 16 calls, you could get in at the 40 strike for about 85 cents right now. If this thing attempts a rebound back to $42-44ish, that could be a very very nice return. This based nicely last week, and on Friday had a nice MACD crossover on volume. Watching this closely as this stock has been beaten down so much...

cashcow04

Finally showing signs of basing after that huge drop 2 weeks ago. Touched a low of $58 which had been support previously last Fall (Sept/Oct) and holding. Waiting for a crossover of the 5dma over 10dma then getting long.

cashcow04

Another high quality stock that is consolidating and holding it's previous resistance of $57 as support. Watching this guy closely.

cashcow04

This guy has had quite the run up since May. From $38 to $62 in 4 months. Great fundamentals, and a needed company in the space. Love seeing it consolidating before we make a nice run up again. Watching this one very very closely.

cashcow04

She wanted to breakout so bad. Hate to see nice setups like this fall apart. Thanks OPEC.

cashcow04

The Lord Giveth the Breakout, and the Lord Taketh Away.

cashcow04

In long calls after breakout from the base on 8-17 on nice volume. Then added more when crossed it's 20dma. Riding this for 2-3 weeks.

cashcow04

Playing this since last week, but having a hard time breaking out over the R1 pivot. Oil appears to be turning over here with more rumors (again) that the whole 'freeze talk' was B.S. If this thing breaks the 10dma with conviction (volume), unfortunately i'll have to sell my calls. It's been showing strength but needs a catalyst to break out.

cashcow04

Nice news catalyst today. IBB is a great ETF to 'trade'. At support, and i expect this to go back up to around $270-$280. In July calls. Let's go!

cashcow04 Updated 

Micron has proven time and time again that it will fail after a run-up. I don't think this time is any different, even if they were the recipient of a couple of upgrades from Wall Street. Semiconductors are still a commodity, with margins being squeezed everyday. Stock ran up over the past 2-3 weeks due to 'potential' of X Y and Z in the 2nd half of the year. ...

cashcow04 Updated 

Showing weakness in volume since 5/31. Ran up to Resistance #1 on pivots on Weds. Looks like a hammer today, but betting on short term weakness by playing the weekly June 17 puts $116. Weekly chart it's turning bearish to confirm.