Calls
#SMH and all semi plays#SMH is seeing increased bullish volume ( blueish nodes ) compared to bearish volume ( orange nodes ) on the volume profile sitting on a great spot ontop of a volume shelf with plenty of room to push to the top side if we can keep this trend so far don't dive into plays in current market ease into them to manage your risk as best as possible
Leaps On SQ - Apple BS NarrativeBuying SQ right here right now for big discount, I haven’t even checked I just know it’s cheap and the indicators look good for a potential bottom. I’m looking to buy 6 month and 12 month calls out of the money. The 4 hour has flipped bullish and daily is close, markets could see a nice bounce here over this week and next week before we resume a plunge to the abyss. I’m gonna start averaging in one call a week or every 2 weeks and maybe even play a few shorter term higher risk calls.
Comcast long after earnings - Part 2NASDAQ:CMCSA tanked on earnings down to a clear Support level; the 2019/2020 highs and the 50% Retracement of the COVID to recent ATH.
I am being exceptionally patient with entry. I want IV to fall a little more post earnings and then get long via the June 55 Calls.
Buy COIN calls before buyers rush into stock. Selling exhausted.SWING TRADE
Price opened in the "buy zone" that I had marked in my earlier chart (see linked chart and comments) and my good till cancelled call trade executed. I added calls when price was around 190.
DAILY CHART
> White lines show a zone that can be used with 30m chart for trading.
> Black lines show bullish divergence. Usually after this divergence there is another drop and then a move higher.
> Yellow rectangle shows a spike in %K which warns of a reversal, again usually after another with-trend move. My rule is for %K to move from 20 to 80 within 3 candles, and this took 4, but it was still worth noting.
> Orange line helped me decide price would not go much lower than 190 so I bought swing calls and held them through the "final drop."
30min CHART
> Purple lines show divergence that led me to buy calls on 19 Jan.
> Yellow rectangle shows my trade entry and exit on 20 Jan as price stalled around 230, white resistance line. I was still waiting for price to be in the buy zone (under 213) or break over daily downtrend line.
> Pink rectangle shows my stochastic %K warning that buying will soon increase.
> Price opened in buy zone today and kept falling. Based on high selling volume and the stochastic signal, I bought more 18Feb calls and will hold for a move back up to 220-230, maybe higher.
DIRECTIONAL VOLUME
When you look at selling volume on 30 minute chart (as with many stocks today), you see heavy selling and directional selling volume extremely high. This is a sign that sellers are finally coming out in force, which means that buyers will come in soon and stock begins a bounce.
COIN price at a buy point, short swing tradeThis chart provides an update to my trade notes from Friday - the chart is linked. As Bitcoin falls more and there is premarket selling, Coinbase stock price has been at the green spot on the chart. I added this purple line to last week's chart to show a lower support, and price has been holding here premarket.
There is a relief rally coming. I am not buying stock to hold through earnings, probably later today. I have long calls to hold for a short-term swing trade. I am not add capital to my existing trade, which I continue to hold. I will buy weekly 190 or 200 strike calls with stock around 170 and will exit if stock falls below 165.
As for Bitcoin, I see a price bounce soon, but I do not look beyond that.
Time to buy calls, Dow Jones will rallyWith volume this high - see chart - and only in the first hour, there is heavy fear selling. Indicators show a bounce will come, so use less capital and hold through the turbulence. In the time it took me to write one line, $DJI went up over 100 points! I say this to stress that your trade value will fluctuate in a volatile market, so manage your capital!
The white rectangles show when I noticed the stochastic warning of a drop in the market. The market still has room to correct down, based on my views of the weekly chart. I have linked last week's chart, which is bearish. Any calls I buy today are for short-lived relief rally trades.
Watch COIN - buy calls for pre-earnings riseThis is an update to previous chart (linked). I am looking at strikes between 250-280, 18Feb expiry. Price should drop into "buy zone" if cryptos crash (this week).
The red dotted line is also marked on previous chart. I think buyers will rush in and move price back over the line, and I do not know if price will actually come all the way down into the buy zone. So if on 30m chart I see signs of bottoming or trend reversal, I will buy a small call position. 18Feb expiry - using less capital - gives me time and comfort to hold for an upwards reversal.
You are all looking at the chart wrong.A description is worthless at this point. We all know why we’re here. Buy, hold, DRS.
You can all believe what you want, but in the end, everyone who truly believes in the stock is already DRSed and holding. We are just waiting for the fun to begin :)
Thanks for the discount hedge funds. Time to load more.
GameStop could visit 50. It probably will. But that is when I will load the absolute most I can into this stock. The ultimate discount. We know where this stocks price will be in a year.
Thanks for making me a billionaire off of chump change and Diamond hands Mr. Griffin. Btw you lied under oath. Enjoy H-E-double hockey sticks
A Rare Sight for this Indicator on SPYMany times this indicator has signaled exceptional buying opportunities. However, a cross below can bring much pain to those unaware.
Is the market ready to finally roll over or are we going to see the FED back off? In my opinion, the latter is extremely unlikely.
AMEX:SPY
DIS bullish trade DIS oversold here on 1H chart. Plus we have found support and bouncing from this TL here which has held nicely so far. Stochastics oversold and turning up here. Possible retrace to 153 here. SL below todays low. Plus we also have lots of call flow coming in for for the 152.50 strike calls for 01/21/22