Can anyone explain to me how a stock gapping up 16% only ended in a 33% gain on my 12c 03/04. I truly don't understand IV crush. Educate me please!
The countertrend move on spy has been confined to a parallel channel and we hit the golden line, time for back down? can anyone give me some thoughts on this? looking for confirmation bias!! :D
Looks like a bullish divergence on the 4hr and a break of the corrective downside structure. Looking for longs at around $26. Great play on 30+dte calls. Godspeed.
We seem to be done correcting and look good for a long past point A with our stop below C. Conservative trade. 1-1.5 RR. Waiting for a pullback on the 1 hr for entry next week. Good luck!
Looks like we could have completed our wave 4 pullback? Might go long on another quick pullback.
After this wave is complete we can look from a continuation lower. We also have confluence on a bearish divergence on the 4H. Tesla Short in the next few weeks.
Channel with Elliot wave progression happening? We look like we might be finding support here.
We could be looking at the beginning of wave 5 here on PLTR to test previous high.
Seems like SLV may be bearish and this looks like a perfect entry at the retest of the neckline. Thoughts?
RSI showing divergence and it looks like a wave 5 is complete.
We have a rejection of 70 on the RSI and a strong divergence has formed. I think we have some correction incoming. $430 puts are looking very cash money.
Are we forming a possible head and shoulders for this extremely overextended extended stock?
21 and 50 EMA making crossovers of the 200 as well as RSI above 50. We are looking great for a breakout. Maybe retest of 23? I think we will close above that.
Load up on monthly puts I think we retested $26 and failed as well as fell out of an ascending channel. I think we could also be seeing the formation of a nasty head and shoulders on the weekly. What do you guys think?
Fake breakout of bearish channel. SPY will continue to fall.
We just bounced off the TTC 10. Expecting a pullback and will re enter a long once we break the 20. Here is the monthly chart referring to the bounce of the TTC 10. www.tradingview.com
4 hour trend line hit with pullback and possible pin bar forming on hourly to signal entry.