The trend looks very bullish clearing and holding above the 6845 level that I covered in my YouTube Video here: youtu.be . The 18 day sma is above the 50 day sma, signaling the trend is up. I'm expecting a push towards the 7000 level (2/3 back from the ATH and reversal from the sell off) this week as long as we hold the 6775-6800 area. Might overshoot to the 200...
We are testing 2712.25, which is a strong pivot (Resistance) on the daily. Nice little doji forming on Friday. I'm looking for a continuation up to test the 200 day sma around 2745 with as high as 2760s before a bigger pullback as long as 2716 is taken out with strength. Of course if we lose the low of Friday and ultimately 2690, we could test lower off the...
Really like today's candle. Would like to see a retest of the low of January 29th candle to get into some March $100 calls at $4.10 with a $1 stop. Let's see what she does next week :-)
Due to the upgrade on CGC from $40 to $60 PT here: www.marketwatch.com , the stock gapped above the November 7, 2018 candle. Might not get filled on this one and that's okay, but looking for a retest of that area with a wide $7 stop to buy some shares. If this doesn't fill, I will see how the price action behaves and potentially enter on a retest of $48.19 once...
Looking to get into Feb $12.5 calls at $1.00 so that the trade is absolute zero trade meaning, no stop is needed. Just let the trade play out. CLDR was moving a bit after hours on Friday so might gap up tomorrow. Let's see if she fills our order. IF not, we find the next trade. Target is ~$15 first.
Friday's candle is very bullish and with decent volume retesting the 50 day sma. 158 should be solid support and that's the retest I plan on entering with $170 March calls for $6.50 to give it time. Will give it a $4.25 stop, which should align with below that wick of Friday's bullish candle. My target on NVDA is $170, or extreme $176 to close out the...
Ever since SQ broke its downtrend from the all-time high at the beginning of 2019, our team at PLT has been watching for great intra-day and swing trade setups. SQ is one of our favorite companies to always remain bullish on due to the products and services they offer in the Fin-tech industry. This trade was planned on January 18, 2019 over the weekend to enter...
IQ finally breaking up out of its consolidation just below the previous IPO all-time low. A lot of volume coming in on Friday. Any retest I expect to be bought. IQ might gap up tomorrow with the after-hours activity.
Even after AAPL's gap down due to poor guidance on iPhone sales from their CEO, Tim Cook, AAPL rallied back in a decent way closing above its low of the last week of 2018. Previous resistance should not be support with a stop below 142. Let's see what she does!