I'm planning to trade both ways depending on key levels on green lines
This is what i see for both bullish and bearish scenarios if certain prices are reached and hold/brake
Ill give it a week to reach 280 once again, perhaps breakout to 285-290 if it can cross than 282
One the one hour you can see 262-164 is a strong support , its good to see HD consolidating for this level, a breakout of 266 would start a strong uptrend, this a good opportunity, might be looking at some Jan 21 Calls . What's your Take ? Thank you.
, wait for key levels to hold or break . bearish pt short term 270-275 bullish to short term 283-290
- Breaks Resistance - I do expect this to fill the gap a least to $55 - Possible Retest to $60 - RSI is right on neutral between 50-55 on the daily -MACD indicator shows momentum to the upside is starting . - Currently holding July 17 $55 Calls @ $.80 average
I'm keeping a close eye on INO. Went long from $7 all the way to $9. I did lock profits early, but this parabolic run is something to watch for. I'm currently holding $10 Puts On INO . If it fails to stay within $13.50-14.50 then back to 12s and then 10s, back to 9s and 8s . However this a volatile stock, if it can hold, then we can see $16 being re tested...
Got my flag patter wrong but it looks like there's a small pullback. WILL BE LOOKING FOR CONFIRMATION
So far Bullflag confirmation seems imminent . Looking for further confirmation Currently entry position is at $1.90 (A strong support line) A lot of potential for the upside
Most of my trades are penny stocks, based on TA analysis only.