gooney0

gooney0 Jan 26, 2023

Very nice channel up that is also a Buy Setup. Stronger than the market. Since the channel is tight, I could either take profit at 2R as shown, or if it reaches the top of channel early, sell then. Selling early isn't a bad idea as this would be difficult to move to break even. Earnings is 13 days away so I want to be out by then.

gooney0 Updated  Jan 7, 2023

Swing trade idea, long. My entry is STOP LIMIT 136.30. The trade triggered already, but if it should gap down Monday I don't want to limit buy. I'd rather wait and pay another penny. The last swing high has two wicks @ $140.00. I don't like that, or the fact that it's a even number. Depending on the market, I'll move my stop to break even (or better) once /...

gooney0 Jan 2, 2023

This is the strongest trade of the 3. The target is 2R. Since we're extending the 52W high there is no resistance to speak of. I'll likely take 2R if I can get it. You could also manage it out and try for more. Like the others, I'll look for an add on the Daily chart.

gooney0 Jan 2, 2023

Very nice weekly channel up. Target is 3R+ but I'd probably look to lock in profits before that. You could choose a lower target if you're impatient. If it goes my way I'd look for adds on the Daily chart.

gooney0 Jan 2, 2023

LIke this one on the weekly chart. The only think I don't like is the 20MA. I wish it was stronger. Otherwise, very nice.

gooney0 Oct 2, 2022

This is a nice, clear channel up. I took the trade on the daily, but the buy setup was on the weekly chart. What's interesting is how this stock has reacted to the overall market. The market has dropped by a record amount, yet this trade is slightly ahead. It has essentially stayed flat, yet spikes up when the market goes green even briefly. If the overall...

gooney0 Feb 19, 2022

I sold the $10 put expiring 2/18 for $0.15. I expect it'll be assigned. I'm bullish on AM, and there is a 9% dividend yield. Next dividend is early May. $0.225 per share. Here are my choices: Sell $12.50 call 3/18/22 for $0.05. (If possible). This gives the most upside, but least income. -or- Sell $10 call 3/18/22 for $0.20. If the triangle...

gooney0 Dec 28, 2021

Nice "Buy Setup" on the Daily Chart. Entry: $43.80 Stop $42.80 Target 1: $47.04 (Next resistance) Target 2: $47.99 Reward: 3.22 : 1

gooney0 Oct 21, 2021

Nice buy setup for about 2.5:1 Trigger $235.81 Entry: $235.81+ Target $253.00 Stop loss: $229.20

gooney0 Oct 18, 2021

Early ascending triangle should retest the lower trend line today. If it goes up to $8.11 I'm buying. If it continues lower no dice. This also works as an uptrend buy setup. I set the Stop loss a little wide in case the bottom of the triangle changes. It only has 2 touches so it isn't very reliable. As long as we put in a higher low the trend is still valid....

gooney0 Oct 13, 2021

Nice Buy Setup on the 1 Day chart. + Good sequential pull back without too much overlap. + About a 50% retracement of prior move up + Moving near rising moving average. + Very good earnings, and many earnings beats. If it doesn't trigger on 10/14/21, it could be an even better trade the next day. Closer to the moving average would be even nicer.

gooney0 Sep 26, 2021

Strong ascending triangle. Too early for a breakout, but this pays a nice monthly dividend. I'd like to buy it at the bottom, and trail the Stop loss. If you look at the dividend adjusted chart, this is a great trend up. The highs are actually higher highs once you add in the 6 cents per share.

gooney0 Sep 20, 2021

Triangle on the Daily chart. You can see the trnedline drawn here. So far so good.

gooney0 Sep 14, 2021

Really hope the Dow bounces here. Nearest support is $940 away! SPY and QQQ do have support coming up at least.

gooney0 Aug 29, 2021

Nice pullback to about 50% of the last leg up. Ending volume, and bottom wick on Friday's green candle. I have it drawn with a 1:2 ratio. If it goes well I might move the target up. The trend is quite strong.

gooney0 Aug 25, 2021

CHPT could be a triangle of two different types. If you use the 3 most recent swing lows, it's a triangle. (Shown with grey line.) If you used the previous 4 swing lows, it'd have a flat bottom. (red line at bottom) That'd be a descending triangle. Right now, it looks like the former so I've gone long. If loses, and the goes down to the red line, I'll cut my...

gooney0 Aug 15, 2021

Looks like price bounced off the lower trend line. Earnings is coming up, but they've beat 4 out of 4. EPS keeps increasing each quarter. I'm in if the price rises to $130.59. Good potential to raise the target. I'm probably being too conservative. Weekly PUTS for Aug 20th are nice: $120 bid of $0.61. -0.03 delta $124 bid of $1.26 Earnings on the 19th.

gooney0 Aug 12, 2021

Great trade and it went well. I suspect it'll go a little higher, but 2:1 is fine with me.