Ever since the breakout to 130 - 140 area, Disney has been consolidating in an ascending triangle, which broke out last week, and came back under the top trendline but following up breaking out above it again. Disney is planning to release Disney plus in November which I believe will give the stock the boost it needs to get to 150 level.
Amd has just bounced back and on verge of breaking out of a 20 year trend. Government has allowed AMD China exports which have been a blessing for this company which was holding it down. I believe 40$ is well within reach. Well see. I'm long options
MSFT continues upwards after other great qtr! technicals point higher after it bounces right off the bottom trend line. I made a bet going into earnings buying the 140$ august 16 calls. Def not disappointed in the play. Looking forward to tomorrows action.
Micron has double bottomed and bounced perfectly off fib support. Long August 16 50$ calls . may trim some profits next jump. keeping eye on how it plays out but from what i see 50$ is reachable.
Facebook was trading at 202ish last couple mins of the trading day. Literally, at the last 2-3 mins, someone bought huge blocks of shares, jumping the price almost 3 points. I bought some 8/16 230 calls for cheap early during the trading day. These calls are up 63.38% within half of day in trading. Fb def throwing up a bullish sign at end of the day despite the...
So, I made a call on some August 16 45$ call options, I said in last MU post. confirming today the breakout is real, and seeing the amount of volume that poured into 45$ calls. MU is def going to surpass 45 again. Looking at other technical indicators. 50$ is possible and could be there sooner than later.
liking MU again since earnings, the stock has been holding up well. bought 45 calls Aug 16 yesterday. Triangle breakout possible going into tomorrow.
The patterns are quite identical on weekly. the drops were a little more intense but normal. Quite interested to know where this is going in the coming weeks. Sideways seems like the more likely path and that is what happens after it got over ATH before climbing higher. thoughts?
Bought 210 call july 19 exp friday before g-20 summit. Action in pre market is showing bounce to 210 resistance is coming. will keep eye on trade today to manage risk on if i will roll to a high strike like 230 depending on strength of action today.
my text callouts explain my positioning. Since Libra was announced I have been super bullish on the stock, buying calls since Thursday betting on a breakout. Today with the close on high and weekly bullish candle has convinced me that next week could be a huge week for FB. Thoughts?
BTC path back to 9k area looks good, macd is crossing as well. A good close today and tomorrow seem like the breakout will happen or next week at the earliest. Will continue to watch closely.
Disney has finish super strong today. the 140 strike july 19 were the calls I been in. Looking at this day. Im looking for a new ATH , nothing less! Looking forward to tommorow as well.
Bought here Long, unless some crazy news comes out to tank stock, pass 160ish . which i dont think will happen. stock goes back to 190 range from here.
I want to post this chart again to show where we bounced today. The market has had a 6 day streak. The pull back was needed if we are going to see the new high from AMD.
AMD confirmed breakout from channel, and is on way to test ATH. if it gets through this res, where AMD has been known to top . Sky is the limit.
AMD is on verge of breaking out huge triangle . still long and looking forward to next coming week. Im smelling new ATH's .
possible c&H , looks like the same pattern it took when it first made its first move from under 10$ .
inverted H&S possibly forming on dow weekly. Thoughts? Economy is strong, but tradewar is fomo market atm. after fomo passes , break out to new high down the road.