Gold probably found its support near inverted order block now building its base on wave 2 (yellow circled) ( p/s : base always in consolidation) before a big "up" rally
$LMT Lockheed Martin - Breakout, Retest, Bounce Candidate Assuming $440 support level holds this week, monitor for a bounce toward $500 level medium term. Medium Term Target: $500-$520 range by Q3'22 For an options play, I am looking to go long the Sep 16 22 $450 calls going for around $25.00 currently. If I was forming a spread to limit risk I would be...
CPB had some sweeps and block call flows yesterday and the cart looks good IMO with a nice gap above, strength and volume uptick. Trader went 5/6 48 calls 300K premium and 5/20 call sweeps 48/49 strike. I like more time, so I'm long 5/20 49 calls, swinging and singing baby Target would be gap close 48.78 but will start trimming calls on the way . Cheers
$AFRM Affirm - Breakout, Retest, Bounce Candidate Assuming a close at or above $123.70 today...could see a strong bounce into next week. Near term price target: $140-$145 range Note: This is NOT investment advice. Educational only.
$ON ON Semiconductor Corp Broke through ~$42.30 resistance last week...appears to have successfully retested that level as support today (combined with 9d ema line support). Beautiful setup with a high probability of a bounce from here. Note: a close back below ~$42.30 would negate this setup. Near term target: $50-$52 range possible by end of April (16%-21%...
Gap matching exactly with 0.61 fib retracement level.