PLAY - ema breakoutBreakout out of 200ema, $21.55cp continuation to $28.00tp +30% upside "Gaming/LasVegas Slow opening" Bullish
PLAY
PLAY BUY OR LONG TP UP TO $25The Symmetrical Triangle pattern Play successfully confirms .
- Volum breack out good .
Buy Play : $16.50 +-$0.2
Target Play : $25
Stop loss : $14.80 investing long term .
Wish you good deals!
Keep CALM And Follow Your PLAN - 05/26/20 RECAPHi traders,
when we are evaluating our sessions, it's critical to recognize OUR mistakes and EXTERNAL events. That's why although I ended up in a minor loss today, I am pretty happy with the result.
My NEM trade "worked", but only after the institutional traders re-tested the opening prices which meant my SL was hit. Yes, losing money sucks, but seeing the idea eventually go along your intention is far better than screwing up your plan and losing because of it.
Trades:
1) NEM - SHORT @60.93, -1.05%
2) PLAY - LONG @13.26, -1%
3) MGM - LONG @17.22, +1.35%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: -0.70%
Total PnL for the week: -0.70%
Good trades,
Tom | FINEIGHT
LONG SHIPPure Speculation:
Hedge Fund opened a $1.6M position on 04-09. This is close to the all time low and that's a huge stake in a relatively small company.
With past history of Hedge Fund purchasing before huge price action, I am willing to bet a few dollars. Also it seems like a legit company.
You can even track where their ships are in real time!
www.seanergymaritime.com
$PLAY Shares Bounce From Existential DreadPLAY shares printed an RSI well under 10, which is historically unprecedented. But, like a lot of stocks right now, this is a balance sheet play. The company is pricing in a strong chance of liquidation and death. Watch for a very volatile range ahead, but know that shorts are plenty and vulnerable if the squeeze heats up.
CAKE Sweeping Uptrend IndicatorsBased on these bullish indicators, we can expect CAKE to push towards the $45 mark by 3/20. This prediction is based upon the current trends, as well as current publicity on the topic.
$PLAY Is A $60 Stock In A Buyout$PLAY is breaking out on the news that investor KKR has taken an activist stake in the company. This is great news for shareholders and why we think higher prices are in store.
KKR (NYSE:KKR) reports holding a 6.3% stake in Dave & Buster's Entertainment (NASDAQ:PLAY).
KKR says it has held talks with D&B management about strategy and is considering further talks with shareholders about transactions and board changes.
Shares of PLAY are up 12.58% to $47.37 vs. the 52-week trading range of $37.20 to $59.60.
Worth noting is that 21.45% of the float is short, so expect short-covering to continue.
If KKR does take $PLAY private, look for a price north of $60. $PLAY has 20% revenue per share growth (maybe more), 20% earnings per share growth, and a real p/e of about 6.
As always, trade with caution and use protective stops.
Good luck to all!
Eur shorts scenarioPrice didnt had power to cross key level and we got many bearish sings that makes me feel very confident about continuating down trend
USDCHF new oneCompounding sell plays in work:) protecting with S/L and preparing for a new play.
The blue line is a weekly price of MA200 and there are a possible revers.
ATM still selling up to RSI 40 lvl at least
PVG BUY signal?If the price holds above the current Fibonacci level. Still, conformation in RSI is needed.
My play, buy with 1:5 R/R
DAX, Short in front of us??On D chart Dax price is near Gann line, and RSI is in the overbought area. The reversal catalyst can be found in the next week, most likely, on Tuesday, November 12, 2019. One way to play this is with ETFs, and my choice will be some with 3x short DAX. Take it under consideration nature of this index my play will be with R/R 2:10
BTCUSD, what is next?This can be a consolidation period, we will see till Thursday.
Anyway, at H1 the price is under RIS 50 levels, and on a D chart, MA200 remains as a reliable support level. The future price movements, going under RSI 50, braking MA200, or staying above should be a trigger for the next play
Hsy Playing out as planned.Hsy pivoted right on the supply area and rode up. Needs to close above 144.50 and the 8Dsma (blue) If not watch closely and set stops
LRCX Earnings PlayI got a good hit on my last earnings play which I didn't post TRV so I'm going for one on this.
Put Spread $232.50/220 Cost per spread was 4.36 Holding 2 spreads. Nov 8 exp
We will see what happens. Looks like a small bearish divergence. God speed.
SNX Short nowHo, this baby ar screaming to be shortened! :D
Take a look at W, H1 and yes D chart here.
RSI is highly overbought, and value is floating in that area for some time, which is one of the clearest signals of possible price movement change.
Fibonacci on W time frame, 61.8 is to strong resistance level, for now.
My play is sell short with R/R 2:7
NZDUSD Inverted Head and Shoulder at H4 chartInverted head and should on H4, can be recognized on D also.
MA200 is stronger resistance level then neckline in this case, so play smart if you dont want to buy and hold.
On D chart, which I mainly use, RSI 50 level will give more precise insight where the price can go.
May play is buy and hold, as I wrote previously, and in this case, I will go with one nice buy. S/L will be at red line area, T/P at 0.6404
USD/JPY Inverted Head and Shoulder????
Inverted Head and Shoulder is likely here, but pay attention at MA200 and Fibonacci 38.2 level (109.14) because this same level can be a huge obstacle for a future price -up movement. If the price break 109.15 we can expect to see USDJPY at 111.00 area.
RSI is in bullish mode, and ADX with his 15 value may suggest that downtrend is almost ower.
My play is BUY with S/L at 107 and T/P at 111
