toptradeguru

toptradeguru Jun 24, 2022

$VRM - vroom stock spiked today. No major news. In addition, the automotive digital retailing company's website traffic appears to be flat or going down (SimilarWeb). You can short the volatility. -short the 7/15 or 8/19 call options 2.00 or 2.50 (~90% chance of profit) -go long on the 7/15 or 8/19 put options (~90% chance of profit)

toptradeguru Jun 24, 2022

Energy prices will fall for all the wrong reasons. US economy will slow; we will see recession soon. As output slows and quantitative tightening increases; prices will fall. Should fall to support levels around $55 by end of the year. Trigger: 11 day smma crossing the 50 day smma. $XLE components include $XOM, $CVX, $COP, $MPC

toptradeguru Updated  Jun 24, 2022

AMEX:KWEB seems to be holding decent support based on historic volume/supply levels of $29.20 (gray shaded box with gray arrow). Not only is KWEB holding support, but volume flow turned net positive around 1:30 pm EST on 6/13. We should see a fairly quick return to $32 next week or two. Stop loss if prices fall below $29 for more than two hours as major support...

toptradeguru Mar 26, 2021

Simple dip buying