rjhay22

rjhay22

Shorted PLNT at the break below $98, this will be a 1:2 R:R play to the downside. Entry: Below 98 Stoploss: Above 103 Target: 90-88 Note: If youre playing options, make sure you give it about 3 weeks for expiration.

rjhay22

Looking to play CROX to the downside, looking for a good PUT contract few weeks out or short it. Entry below 108.30 Exit above 114.10 Price Target 95 then 88

rjhay22

Bullish Bias Key Points - CCL retested the 200ma on the Weekly chart. - Reverse trending - Has a good PE ratio at 18.19 - RCL which is also in the same sector is at ATH right now and expect CCL to recover its losses soon. Entry Anywhere within the range between15-21 First scale out target - 27 Target price - 30-31 Max Target for Long Term - 50 and beyond

rjhay22

SPY We had two scenarios yesterday during our stream 1.) Preferred scenario would be for the spy to pullback down to 400-398 or trendline and hold for the rally to continue to the upside. So a pullback or consolidation around this level is healthy. Just remember its December, I always look forward to the Santa Rally if you've been in the market more than a year...

rjhay22

Grab a cup of coffee, wake up and read up lol ** (Not a Financial Advice, just sharing my own opinion and the process I do in the morning before I make a decision to trade.) ** As you guys are all aware the SPY went nuts yesterday, anything is possible in the market these days lol. Once the shorts got squeezed above 354 and FOMO kicked in it ran like it stole...

rjhay22

Todays consolidation candle was a healthy consolidation, might be forming a 3-4 bar play possibility. Will be keeping an eye out for entry at the bounce of the red candle low or at the break of ATH.

rjhay22

Big volume candle yesterday followed by a consolidation candle half the size of the initial run up can potentially be a 3 bar Play here.

rjhay22

NVDA looks like it wants to break below support here. Key level to watch. Below 218.30. Target: 5 points to the downside.