the_get_man

the_get_man Updated 

Biotech is looking like it found a bottom especially the blue chips. Celgene has some $95 puts expiring next month for a premium of $1.30. That means that by selling these puts we can get put the shares just above the 52-week low if we were lucky enough. S&P has a 12-month target of $160. I would love to own shares of CELG near the 52-week low so i will sell...

the_get_man Updated 

NVAX got Fast-tracked for its RSV vaccine. Currently theres no approved vaccine. NVAX has been an a bullish run ever since and I was unable to catch it at $4.50. I hope that the stock will retrace to .5 FIB and find support at the 100 Simple Moving Average before the start of the the 3rd quarter. If it does I will be looking to buy NVAX at this level because...

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AOD Pays a monthly dividend of about .6 cents per share. Ex dividend date is the 21st of this month i believe AOD found a double bottom back in February and has been on a bullish run since making higher highs and higher lows, as well breaking through moving averages and then finding support at them. Then Brexit happened and it formed a lower low. I believe this...

the_get_man Updated 

I know alot of people who got rid of cable and only have Netflix, so NFLX is one stock I am always bullish on. It is trading near last years double bottom. . I believe the recent pullback is due to the previous surges and this is a healthy correction. I believe this because of the low bearish volume. I am entering this trade with an aggressive stop based on the...

the_get_man Updated 

BIIB has been in a downtrend for about 9-months. In March was the formation of a double bottom with volume confirming a reversal (left most green arrow). In May was the formation of a new lower high. This is confirmation that a new bullish trend is underway. On Tuesday, May 31st BIIB broke out both above the 200 SMA and and out of the downtrend channel on...

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SBUX is trading at some pretty significant lows and seems to be in a small little accumulation channel at the 55.50 to 54.10 level during the past week. I am looking to get into the following position: Trigger: $54.54 Stop: $52.50 (conservative) Target: 59.08 If this trade gets triggered in and either breaks the the 54.10 support level or does not begin an...

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GILD has tested $81.70 during the start of 2015 and has retesting this 52-Week Low again last week. This week GILD is forming a perfect doji based on investor's indecision as to whether or not this is new support forming from this double bottom or if GILD will go lower and retest some old support areas before bouncing higher. My thoughts are that long term...

the_get_man Updated 

Trigger at 45.84 with stop at 43.62. Target is at the 55.35 which is the 200SMA 44.00 is starting to become a new support level for UAL. I think the stock will retest this support one more time before take off. If it holds it will be a confirmed support and I will look to add to my position. Setup has a reward:risk ratio of: 4:1 to the 200SMA 6:1 to the...

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AAPL is trading at a very strong support 91.87. My plan is to buy at 93.98 with a stop at 91.80. I do not want to be in this trade if apple breaks that support which is why my stop is only 7 cents from it. If apple moves up to the target in the next few months I may hold on to the trade and sell calls.

the_get_man Updated 

To trade this Cup With Handle Break Out I would setup a stop-limit-buy order at $15.36 with no slippage and once triggered in setup a bracket order with a stop-loss at $15.12 and limit-profit at $16.81. This trade has a reward-to-risk ratio of 6:1. The depth of the cup is also the depth of the target Fib 1.618

the_get_man Updated 

I will be placing a trade on CHUY with a trigger at 29.37 and a stop at 26.91. For a more aggressive trade you can move your stop up to 27.95. The reason I like this trade is because this stock seems to gap up on earnings and earning is a few weeks away. I have taken the average of the last three gap ups to estimate what May earning has to offer. If CHUY can gap...

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The plan to play the SPY is to buy this Wave 4 dip in the 173-170 range. I do not want to be in this trade if we start breaking the 165 level so I have set my stop below that. I think nearing the presidential elections takes us lower and markets get real choppy during this time so my entry will be planned and timed very well during this time. Once a president is...

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Currently, GLD is in an consolidation channel. I believe it will remain in this channel as the SPY continues to test the all-time highs. My plan is to set a limit order for 117.80 with a stop at 115.91. I believe that the SPY has some more room to rally which will get us triggered into this trade as GLD pulls back. The SPY is also in a channel and has been...

the_get_man

As we all know the SPY and GLD have an inverse relationships. When the SPY goes up, GLD goes Down. However Gold has been going up and so has the SPY. More so, as the SPY comes into its all-time highs, GLD appears to be consolidating at its 2016 all-time highs. Both are at their all-time highs for the year but gold has been consolidating (resting) at these highs...

the_get_man Updated 

Going bullish with an entry at 17.87 and a stop at 15.72. This Trade has a 3:1 Reward:Risk ratio. My stop is placed at a old support and belows the 50 EMA. I have no idea why this stock is down so much but according to a teamate of mine Mr. Brad "the Dad" Reed it has paid a dividend every quarter for 23 years! Buy this low, keep your stop in place and follow...

the_get_man Updated 

There has been massive bullish volume affecting UTG. I am being aggressive here in my entry @29.27. UTG is a good stock to own because is pays monthly dividends and moves slow so you will have plenty of time once entered to take dividends and plan an exit if the trade starts going against you. Stock closes bullish today a tweezer bottom will form after a nice...

the_get_man Updated 

Looking to trade AAPL at 110.71 with a stop at 107.77 The reason I like this trade is because apple is going to close above the 200 Simple Moving Average (200 MA). I plan for Apple to retest this 200MA which will trigger my entry. I set my stop below the 50 EMA since AAPL has yet to test the 50 EMA on the daily. This stop also happens to also be at an old and...

the_get_man

Looking to get in this trade with a trigger@$15.14 with a stop@14.14 The reason this stop is so aggressive and not below the ALL TIME LOWS is because the stock today closed above a historic support level of $15.14. This means that if 15.14 is broken again then I do not want to be in the trade anyway so I'm willing to tighten up my stop. What I want the stock to...