I updated the chart, adding a first support line. As of now with global concerns, I think the recent drop represents a buying opportunity. I would be buying under 50, and placing a stop around 45 to minimize the risk of a huge downturn.
Slack was a pick last week I liked it a lot, and so is zoom. Both companies work from anywhere and really are not affected by the Virus like majority of companys. Zoom filled the gap with that huge green candle is above the past high looking to breakout. 110 monthly strike calls were bought going into friday last week. Chart is showing huge strength in a really...
Love this company, since the drop after they came public. This stock has been on a rebound. I like it here and got in on options buying the 30$ strikes out in April.
So i made a position in NVDA before the bell today. march 20 300$ calls. Earnings was a blowout and future is looking really good for these guys. the charts are saying 300 dollars can hit very soon with a breakout from the recent channel. If you follow me i have made a post about AMD as well and will be posting about micron soon too. AMD is at ATH again and NVDA i...
After earnings, AMD is doing a repeat exactly what it did last earnings. Pullback, and then buyers come in a gobble the dip up. I got back in after dust cleared around 50 marks again. Still holding 55 $ calls as well. Chart and price movements is pointing to 60$ if the momentum continues, and the coronavirus doesn't affect the overall market. This stock has been...
Uber has made a clean breakout and got some more momentum after earnings. If lyft performs after bell could add to the momentum. 43 dollars is around the next fib retracement. If it breakouts above that, then high 40's is well in the cards.
Playing the 5g network in the market, qcom is one of my favorite picks since last earnings. The coronavirus dipped it slightly on concerns of affecting next qtr earnings, but that to me is a near-term time to buy that dip. Earnings for the 4th qtr were a blowout. 5g is coming and qcom will play a big part in it! Chart looks prime to go up from here. nice little...
Buying calls out at 24$ strikes monthly for the end of Feb. Snap has been on a run but is breaking out of a long well-built cup and handle. Fib retracement suggests 24$ could be next target if it breaks out the 20 dollar range.
ok so AMD has been on a insane run, and has been the best performing stock and chip stock in 2019, and still hasn't cooled down in 2020. Momentum is clearly behind this name. I've been playing it since 12$ and tightening stops tighter and tighter at these levels. Looking at the monthly chart and going back in history shows AMD can make a run to 60 with the...
I've been keeping a eye on the weed stocks lately since they all "went up in smoke", and over the past month it seems they may have found a bottom. ACB seems pretty cheap here. Looking at technical's it has strong support in this area. I went long here around 2.00. Will be keeping a eye for more opportunity to maybe even buy more.
I've been holding 40 Feb 21 calls since 37$. JD has made a clear breakout following all the trade signing news and the momentum in BABA. JD continues to build momentum and could see 44$ again soon climbing back to past highs!
MSFT continues to trend higher beautifully. In the 165 call strikes for feb 21. Loving the chart and channel it continues to follow making new highs!
Looks like PINS found and made some support in the 19 range. bought 20$ feb 21 calls Friday for about 1.00. Looking for a breakout soon, especially from the momentum building up in the overall market. FB, Snap all moving in the sectors. PINS lagging behind but is going to make its move soon and play catch up.
Falling wedge breakout in tact. snap back to 17 soon enough.
CRON has been on a horrible downfall over the past months. Looks like it could have found its bottom. On a technical basis looking for a trade to 14$
I do hold a long position in the stock. I believe the 40$ price target is still on track after holding the bounce above the top 20year trendline.
Overall I'm still bullish on the market but it's getting harder to make a bullish stance with the trade war headlines and escalation over the past week. The market is due for a bounce to fill that gap I believe but will it continue is a whole other discussion.
With positive news on merger with T-mobile has moved S on a breakout in the triangle is has been in. I bought 8$ calls yesterday when it started moving. So far I see a positive outcome for sprint finally getting back out this trading range it has been in.