BBY Bestbuy Trades to watch for this week #1I am going to post about 5 trades or more to watch for every week.
Rules are simple.
Step 1-Watch price action wait for it to respect the trendline...Preferably the bottom trend line.
Step 2-When price stops, bounces, wicks back up over the trend line. That would be your first sign to get in.
Step 3-If you are more patient or skeptical, wait for price to move away from the trendline and then come back to it. When it repeats the Step 2, that's your trigger to get in.
Step 4-Make sure you have at least 30 days on whatever option you are picking.
Step 5- Try to pick a strike price that is at least the last previous High or the top of the candle after a gap down. (AkA in the money or slightly out of the money no more than that.)
if you have any questions please feel free to comment below on whatever it is and I will be sure to answer. If you aren't asking questions you aren't learning.
by iCantw84it
05.24.2021
E-retail
Post-Pandemic reopening : It's a retail showtime!The vaccination campaigns are raising all over the world, but US is doing an incredible job to get this done very efficiently.
I am positive that the retails will spike in the next cycle due to the needs of the people to get back to in-person shopping experiences that are missed for more than a year at this point.
Dillard's performance showings clearly the first signals of this rebound.
DDS is breaking a super old resistance establish back in 2015, and the power of the break it's a clear signal that investors want to take the risk and jump on the long run.
Personally, I will wait for a retest of the resistance and confirm that will be a support to open my long position.
NANO MANIPULATION APPROACHYay, it's Friday! Our big-boys watchlist seems mixed today! Let's see how mid and low-caps tokens behave today!
This week, we have spotted big spikes in volume on some small-cap tokens. As we said yesterday, things are getting interesting. Those volume spikes may be responsible for the short-term manipulation that we were able to observe in BTC and ETH. That is blatantly occurring in other assets as well.
Today we are placing limit orders to start adding NANO. With a Fully Diluted Market Cap of 1Billion, we believe it has incredible long term potential since we have found an interesting use case for payments.
Through our manipulation approach, you can see where we expect whales to enter the market. You should follow the DCA strategy, but we have found that by providing manipulation insights, we can refine our entries as much as possible.
Nano offers secure and free transactions quickly. Would you use Nano on a daily basis?
Do your own research, Nano
Have a wonderful day, Alkalites.
Check our FREE Telegram Channel TODAY!
DXY - Liquidity Grab To Initiate Bullish Run What Is The Market Telling Us?
Price is currently ranging between Previous High & Previous Low
1st Break in market structure towards bullish direction since March
Price is currently making its way toward previous low for a retest
What Are Market Participants Doing?
70% of retail traders are shorting the dollar overall against DXY
There is currently over 450,000K short positions on the EUR from Dealer Intermediary (COT)
Institutional liquidity is sitting under sell stops of retail traders located below PDL
$GME Symmetrical Triangle and Pennant continuation pattern TradeCheck this out. Huge potential for big gains. Symmetrical Triangle with a Pennant continuation pattern inside. Pennants break to the side that created it. In $GME's case - to the upside we go.
*This is not financial advice, please contact your local HF (Hedge Fund) for that. Please do your own DD (due diligence) before assuming risk.
Doge ready to burn?Is this market overextended? Only time will tell. Will you get burned? Also, only time will tell.
Pretty much all the analysis is in the chart. I think its obvious that something fishy is happening. Just trying to spread some market awareness. DYOR, I am not a financial advisor, and please, for the love of god, manage your risk when you're playing in a market this volatile! Best of luck to you all!!
Crypto.com (CRO) Symmetrical TriangleBeautiful symmetrical triangle formation on Crypto.com (CRO). I'm loving how this is looking with these kinds of bullish market conditions. I believe if we break out of this formation we will have a run up and re-test of the current all time high of $0.27 cents. If we re-test and break past $0.27 cents we'll be going back into a new price discovery phase. Just my opinion.
When it comes to cryptocurrency adoption Crypto.com (CRO) is definitely at the forefront of integrating cryptocurrency with the retail, travel, and entertainment sectors of our lives. From just holding and staking I recently re-furnished me and my wife's apartment with those e-gift cards. I'm also ruby card holder myself. We're both lovers of Crypto.com.
But there's certainly much more that Crypto.com has to offer, what I mentioned we're just examples of what's in the ecosystem. This is is an awesome project that's in a lane of its own and at one point it was a top 10 cryptocurrency.
Much peace, love, health, and wealth as always.
TRAP FOR POOR RETAIL TRADERS on AUDNZDPrice has approached the top of a very visible parallel channel as well as a resistance area.
It's dangerous to trade short as big banks, hedge fund, institutions will have the opportunity of a big amount of liquidity that they will use to fill their orders. Basically they might drive the price higher with big capitals, and hit all retail trader's stops.
Be carefull.
SOKM Destek ve Dirençleri (Support and Resistence Zones)TRY 11 - 11.50 should be followed as a strong support for SOKM whereas 13.19 and especially 14.72 is being a strong resistence. If SOKM is able to break above, investors should aim for new all time high which is TRY 18.00.
This is not a financial advise.
SOKM için takip edilmesi gereken destek bölgesi 11-11.50 lira iken, 13.19 birinci direnç, 14.72 ikinci ve güçlü direnç olarak karşımıza çıkacaktır. SOKM, 14.72 seviyesini geçebilirse, 18.00 TL'ye kadar önü açık gibi gözüküyor.
Bu bir yatırım tavsiyesi değildir.
WMT nice V shape Recovery! WMT 1HR CHART...
WMT looking nice for a recovery play to retest ATH and a nice gap fill to the upside. In a steady up trend channel looking to retest that downtrend resistance line and a possible breakout to fill the gap, also currently in a bull pennant, look out for a gap up and retest for an entry if it does.
VF CorporationMission:
We power movements of sustainable and active lifestyles for the betterment of people and our planet. Everything we do – from the products we make to the actions we take – is about enabling people to live sustainable and active lifestyles. Our Purpose is what propels us and gives our work meaning.
Brands:
Notable Brands:
Jansport, Dickies, Eastpak, Kipling, Supreme, Northface, Timberland, Vans, Terra.
What do you think?
Like Follow Agree Disagree!
NikeNIKE, INC. IS A
GROWTH COMPANY.
We create innovative, must-have products. We build deep, personal connections with consumers. And we deliver an integrated marketplace with compelling retail experiences.
“NIKE continues to deeply connect with consumers all over the world driven by our strong competitive advantages,” said John Donahoe, President & CEO, NIKE, Inc. “Our strategy is working, as we accelerate innovation and create the seamless, premium marketplace of the future. I’ve never been more confident in our leadership and teams to operate with agility in a dynamic environment.”**
Our third quarter revenue performance was impacted by disruption related to the COVID-19 pandemic, particularly in North America and EMEA. North America revenues declined 11 percent on a currency-neutral basis, largely driven by global container shortages and U.S. port congestion, which delayed the flow of inventory in the third quarter by more than three weeks, impacting timing of wholesale shipments, and partially offset by NIKE Direct growth of 15 percent. EMEA physical retail sales declined, as 45 percent of NIKE-owned stores experienced mandatory COVID-19 related closures for the last two months of the quarter, however this was partially offset by digital sales, which increased 60 percent. Today, approximately 65 percent of stores in EMEA are open or operating on reduced hours. Greater China revenues increased 42 percent on a currency-neutral basis, which reflects strong double-digit growth versus the third quarter of fiscal year 2019 as we annualize the impact of COVID-19, as well as continued strong digital sales growth of 44 percent versus prior year.
“NIKE's brand momentum is as strong as ever and we are driving focused growth against our largest opportunities,” said Matt Friend, Executive Vice President and Chief Financial Officer, NIKE, Inc. “We continue to see the value of a more direct, digitally-enabled strategy, fueling even greater potential for NIKE over the long term.”**
-Source: nike website
Let me know what you think?
Like Follow Agree Disagree!
Not Financial Advice. Not a Licensed Broker.
NAKDThinking Nakd has more chopping around B4 breaking out of the massive triangle. With Fed talking today and also an eventful week in wall St. I would say a quick test to .70c would be an ideal long entry.
Approaching a High Traffic Area on The ChartThe CHS stock chart is at a level where we saw some high traffic a while back. This has previously been a level of support, now apparent resistance. But can the reopening momentum act as an afterburner for the penny stock?
Chico’s FAS is another apparel retailer owning popular niche brands like Chico’s, White House Black Market, and Soma Intimates. It, too, has taken up a larger focus on digital sales. In its latest quarterly filing, Soma, for instance, saw its highest sales in the history of the brand. Comparable sales were also up over 15%, and it was driven by an uptick (over 68%) in digital sales. What’s more, total company Q4 and year-to-date digital sales increased almost 20%, according to Chico’s.
Quote Source: 5 Penny Stocks For Your March 2021 Reopening Watch List
Dollar Tree
Our Mission
Dollar Tree, Inc. is a customer-oriented, value-driven variety store operating at a one dollar price point. We will operate profitably, empower our associates to share in its opportunities, rewards and successes; and deal with others in an honest and considerate way. The company's mission will be consistent with measured and profitable growth.
My name is Ski Mask and I've been making bad decisions all my life...
Strike Price: $106.23
Reasons:
1. “Inspiring the creativity of our customers is at the core of Dollar Tree and we are thrilled to provide an even broader assortment of art and craft supplies at tremendous values,” stated Mike Witynski, President and Chief Executive Officer. “With our $1 fixed price point and more than 7,500 convenient U.S. store locations, Crafter’s Square gives our customers unlimited solutions for the current learn-from-home and work-from-home environment. Additionally, there are terrific opportunities for DIY home projects and décor, crafts for the whole family, seasonal decorations, and handmade gifts for both friends and family.”
The expanded Crafter’s Square offering, which ranges from four to 12 additional feet in each store, includes wood crafts and picture frames, art paper, staple-backed canvases, acrylic paints and brushes, glitter, colored pencils and crayons, markers, jewels and beads, make-your-own wreath supplies, ribbons and yarn, scrapbooking stickers, seasonal items and much more, all priced at $1.
I mean it's Dollar Tree how you can hype up Dollar Tree to make it sound good lol just get the option call and call it a day lol
*Not investing advice
My name is Ski Mask and I've been making bad decisions all my life.....
Strike Price: $106.23