cashcow04

cashcow04

AMZN breaks uptrend support

cashcow04

TSLA approaching uptrend line

cashcow04

taking some MU short here on a checkback to the break of the uptrend line. Stop is set for a close back above the uptrend line. Thinking she can fall back down to the 50sma in the short term.

cashcow04

notes in chart

cashcow04

200% fib lines up perfectly with short term vol POC if this does run, watching!

cashcow04

bto 3/29 $13.5 calls 0.26 avg bto 4/6 $14.0 calls 0.11 avg Desc wedge daily, if news is announced berkshire has taken a 14b initial pos tomorrow, shorts could get squeezed. Currently around 155m shares short with 2.1 days to cover. If it gets over $14, could really start to accelerate the squeeze.. If we get a solid bounce on serious vol, will probably take...

cashcow04

on watch for tomorrow, not sure if this bounce was legit or not, will see how the rest of the week plays out before the 3 day weekend. Not convinced traders want to be overly buying this dip heading into a long weekend with uncertainty around tariffs etc still looming. XLF re-testing the previous uptrend line Lots of bank names hovering right around their...

cashcow04

watching for a potential short, hourly broke from rising wedge, some news today that GOOGL/TSLA are working on an AI chip that will compete with NVDA, potential trade war with china that could hit tech/semi's further, etc.

cashcow04

wonder if it bounces and closes above this uptrend line or if we have lower to go, might need to wait til all the bad news gets flushed out.. just watching for now.

cashcow04

bto some 4/6 $152.50 puts for 0.93. getting rejected at the 20sma and vol area. all ma's seem to be rolling over and this had a sharp v recovery after a downgrade. think it heads back down and double bottoms. had a nice report that comp sales were improving quicker on more advertising recently but still think she could fall a bit more to the .618 area. stop...

cashcow04

inv h&S moving above resistance line

cashcow04

at support, oversold on the short term, will hold 1-2 days for a bounce.

cashcow04

using the ultra short term RSI indicator (see circle) where it's super oversold, looking for a morning star bullish reversal to form ideally on the daily.

cashcow04

using the ultra short term RSI indicator (see circle) where it's super oversold, looking for a morning star bullish reversal to form ideally on the daily.

cashcow04

Oversold in the short term, see how we end today..!

cashcow04

Watching for follow thru in the next few days after such a V rebound after that downgrade a few weeks ago.

cashcow04

Notes in the chart.

cashcow04

came down and touched it almost perfectly, should hopefully consolidate from here and prob head lower..