quickshiftinn

quickshiftinn Updated 

Selling PUTs on Natural Gas ETFs seems a decent income prospect at the moment. Not only are there auspices of a falling wedge breakout, but an increase in momentum may be acting as support at the lower end of a months long trading range. These formations are already seventy five days in the making, providing some confidence in the likelihood of our bullish...

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Starbucks could be building into a triangle pattern of epic scale. Presently on the weekly chart, we are looking for an eventual rebound from current price levels which is roughly in line with low points from 2020 & 2022. The real breakout could be years in the making though, whereupon a potentially massive measured move higher out of the edge of the triangle. In...

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The daily chart on XLU provides rationale to keep a place on our watchlist. Recently it made a golden cross and seems to have broken free of a downdraft in price. Now it looks like the RSI could be searching for overbought. One option is a momentum trade targeting the $71+ price. Personally I'd like to see it hit overbought, then that a position of it pulls back...

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There looks to be the makings of a bottom with a potential breakout ahead, as TEAF has posted a slight uptick in momentum while the 50 day MSA begins to flatten out. No options available in Robinhood so this could be something to average into with a stop loss and the hope of a breakout on the coming weeks.