Alerted for volume on TLRY, approaching big resistance with room above and forming right hand side green cloud support for a move up. In 20, 20$ calls for end of June - good luck if you play!
303-308 gap up coming soon? Green cloud forming support on the right and we’ve been testing resistance into the next level of the spy for a few weeks now.
Bottom of channel - targets above. Will move with market. Play as you please - in 125 Jun 19 at .13, 10 contracts. Bounced to .3+ today in preview of what can happen if SPY rips. Sitting on them until closer to top of channel, buy plenty of time if you play!!
Targets above - Channel formed similar to many stocks in the market. Banks have had good volume past few days. Let’s see how long until we get to the top of the channel...
Keep watch to see if a double bottom will happen or if we will continue up the channel now. This is a prime entry point to 4$ range - calls will pay if you buy with time.
Looks like it still caught support on the bottom, keep watch here.
Broke out of descending narrowing wedge with good volume behind it. Targets above.
ES1! Retraced into the red cloud but supported forming a bullish hammer. Levels are above with green cloud support building on right. Wouldn’t be surprised to see a gap up soon.
Jun 19 calls 👀👀👀 - 300/310/320/330 spreads
Small gap down to channel support and then re-test short term highs.
Large channel built since bottom in March. Let’s see where it takes us next.
Will look to enter around 15 with targets marked above if it can confirm the break out. If not, levels are easily seen as well for a breakdown. Again, keep an eye on that cloud creation on the right.
Keep an eye to see if we will get a breakdown or breakout. Don’t enter too early!! Could get caught in the wrong side. Green cloud support on the right will form slowly but can turn into overhead resistance if the price moves below. Ascending triangles are normally bullish, and take a few weeks to start forming. Can easily see the formation here.
End of May/June calls as well?? Sell near all time highs marked.
May/June calls anyone? Sell at the top of the wedge!!
After back-test of breakout, buy in and ride the wave up.