shaggytrade

shaggytrade Updated 

Bullish divergence is spotted on the IWM/QQQ chart, IWM is being dragged down because of Fed hawkish comments and KRE underperformance. This is a weekly chart so we need time for this to play out, I remain bullish on IWM for the remainder of the year, even just 1% of inflows from QQQ into IWM could make it go up 10%.

shaggytrade

Simple trend line here being tested as support on CSCO right now, this is a monthly chart and the trend line goes ways back. All the EMAs are stacked as resistance above the current level which means this won't be easy but I am bullish regardless. We can wait for confirmation before we enter, wait for the price action to cross over the yellow EMA. Like for more.

shaggytrade

QQQ is out of the rising channel and hitting the previous high trend line, this is a good setup to get into some puts for a pullback, still in a uptrend so tread lightly.

shaggytrade

AMD has broken out of the assending triangle which it has stuggled to move out of for months, look at the MACD for furthure confirmation and the fib levels to trade in and out. For a long position I would take profits around the $36 mark, in the short term look at the RSI levels to get in and out of the position. Thanks for your time.

shaggytrade Updated 

PLTR has tried to break the 27.70 level 2 times and got rejected and it's attempting to try again right now. With the RSI having more room to run and the MACD with a bullish cross on, I think we have a great setup for a break above 27.70 level. Added 20 $27 calls expiring 1 Oct an hour ago. This is in addition to my LONG position. P.S This is my first ever...