partyjumpman

partyjumpman

TSLA looks like it could go on a ride up. It's a $10 stop off the Day chart.l I would look to a smaller time frame for a better risk reward, but this trade has a lot of room to 2x risk and higher

partyjumpman

Bitcoin has been running up for the last 8 trading day. there is a double top on hourly. This may be a good day trade . I would look for a good R to R entry and get in but not stay in. I got in at the break of the neck line... look for a retest of that neck line for an entry.

partyjumpman

i have been taught only sell puts on stock you want to own at the price you are selling those puts! Nike is one of those companies. Nike isn't going anywhere, continues to sell more shoes, and brand their swoosh worldwide so pick an are where you think you would like to own shares. I like getting paid up front and lower my cost basis even more if and when i get...

partyjumpman Updated 

GGOGL is shaping up to form a nice double bottom with s higher low. IF GOOGL breaks through 741.51 look for a retest off new support and a nice candle pattern with a good R; R If that happens also look fora Bull Put Spread 700/695 next 3 weeks!

partyjumpman

There are several financial reports coming out on 5/31 (Consumer Confidence and spending reports) - Bitcoin has been on quite a tear of late. I have no idea how those reports will effect any of the market much less Bitcoin. As far as technical analysis is concerned a rising wedge has formed and it has traded to resistance, so conventional wisdom says 80% of rising...

partyjumpman

AAPL has made a nice move and currently is battling with the 50 and 100- So I exited 1/2 my 7/15/16 Calls with anticipation of either AAPL moving sideways or pulling back. I am not an Elliot Wave expert , but I am using it as a tool to plan the potential pullback. If AAPL follow my plan then great I may enter into more calls with a tight stop. If things change I...

partyjumpman

This is a great buy / low sell high. 5-24 nice new white soldier candle stick (similar to one white soldier) , along with a nice bullish candle and volume. If you aren't in the trade you may have to wait for a little pull back- in order to get a decent R to R(Risk- Reward). I used an aggressive stop 9.21 and entry 10.05. May slow down for a bit at the 20 EMA I'm...