Calls
AMD is brewing.... hot tea!!!!so i can't take total credit for this one. i have been trying to crack the pattern and while looking at someone's cup on another chart today, someone else mentioned a cup & handle on AMD and boom... it all came together. i plan on trading to the breakout, at the breakout and to the first target bare minimum. once i do a temp check... i might be in for that piping hot $117!
it makes sense right... with all of the chip steam with NVDA. grab you a cup and let me know what you think about this tea. enjoy your weekend.
$OSTK | WEEKLY WATCHLIST 11/8One of my favorite swing setups pending. Patience is key here, waiting for the retest for entry.
LONG GoldI'm looking to get into SAND December calls.
~Gold Is looking really good and going off of past history, end of November is a big run for gold and silver.
~SAND has a nice looking inverse Head and shoulders going on.
~SAND also bounced off of the long term support
8 Bucks is my PT, as that will have the most resistance. I will also be watching if it breaks out above the resistance line.
$PYPL | REQUESTEDPayPal looks to be finishing up a regular flat for the corrective wave 4. They report earnings on 11/8 AH.
Things to note:
- Sitting on diagonal support
- Completing corrective wave 4
- Daily RSI showing a lower low (Seller Exhaust)
- Daily chart showing higher low/double bottom forming
- Possible hidden bullish divergence forming (Signals Continuation)
$NVDA | REQUESTED TAAfter an INSANE run today, Nvidia looks like it needs to cool down a bit. Going long at this region presents a lower risk/reward than I'd ideally like to take. Things to note are the extended MACD and 2.618% fib extension to potentially conclude wave 3.
Pullback into $255-270s would be ideal to build a base for the 5th wave higher!