Tesla moving below $620No breakout signal yet, just an accumulation around $863ish level. Also a daily candle accumulation slightly lower around $855. Looking for a range expansion on the weekly chart downwards to signal a breakout.
Puts
Bank nifty long position Hi Everyone.....
Here are some important levels of #BankNifty
#Banknifty is bullish above the level of 34900-35000, if banknifty break 35000 level and sustain above the level then banknifty's next level is 35500
Today's Trade
1. If banknifty break the levels of 35000 then go for the CE, the target up to 35500
2. If banknifty go below the levels of 34300 then go for the PE, targets is 34000..
Wait for confirmation...))
Where is Micron Technology going next?Ok guys I am really bad about wanting to type out a thesis on my charts. Not all the lines on my chart currently matter, they are for my reference as a lot of the chart is hidden. Overall I see a possible pullback up to the $83-$84 range, after that my overall range to the downside for the current moment is $72-$77 with a more pinpointed range of $73-$75. I will reassess the chart once I see more price action play out into the beginning of the week and most likely grab a PUTS position (want to make sure from validation). Once it hits my targets I will reassess the chart for further moves to the upside/downside.
What are your thoughts on MU/Micron Technology?
What I can see playing out in the next few weeks DOWN TRENDAs we know we have been in a down trend. Ended the year and started new year with a bang and than literally a BANG!
First few weeks of the year had some people shook. It has been in a down trend since and continues down its channel pretty clean. not perfect
I think we need to fill that 400 gap before we see highs again.
With inflation, war and everything going on most of it is priced in but it could still get crazy.
I am not a finical advisor I'm just guessing this is what will happen.
The last few weeks has been very good (short side) Some people only play one side ( i my self at a time did as well and lost out big because of it! )
I don't think were in full fledge bear mode and not "crashing" yet atleast...
When spy is in the low 300s ill say ok we crashed! Anyways Safe trading people! Super volatile :)
$CHPT Put ExplainedWe took a PUT on ChargePoint because it jumped way to fast way to soon. We are bullish on the stock long term but there are opportunities to make money on the downside as well.
TSLA 0DTE ShortI believe TSLA will reach $805 by EOD. It's currently breaking down under the bear flag
Netflix Puts. NFLX Bearish and Short.Purchased Puts in Netflix (NFLX) at stock price of $382.50 (solid yellow line marks purchase point). Bought to open (BTO)
Strike: 310
Expiration: 20 May 2022
Potential seen for stock price drop to $355 range.
$IWM Prepares for massive selloff following global crisesBearish Midterm...Will keep a track of this to see how it does.
$SPY $IWM Looking to make a cliff dive downwards in coming weeksBearish Tracking. Have bought puts looking for the market to crash in the coming days to weeks due to the surge of negative data out there and various niche markets crashing.
PUTS ON SPY - HUGE DUMP INCOMINGPlease read related article for more details. SPY is due for another dump to 430 or further due to interest rate hikes and rising inflation among many other reasons.
PUTS!!!
Apache APA Short (Long Put)Buy July 15 2022 $20 Strike Puts for Apache NASDAQ:APA .
Category: Beyond Technical, Wave, Cycles, Gann.
$IWM — Potential H&S forming on the 1hr We can either go lower to fill that open gap right off the bat...
or
We're going to go a bit higher to form the second shoulder, creating the H&S with a downside target of $193...
Either way, that gap is filling — not sure if it will today, but likely for next week and for certain before March's 3rd Friday.
The StochasticSlow is looking overbought, and the CCI is hinging lower just under that momentum line — bad sign for the bulls, if you ask me.
Oxy Short Oxy looks like it may have ran up and hit its head on the goal post, should take a breather here. I got some 40.00$ puts for 3/25, looking for a quick trade. Gonna cash out with anything better than a 20% gain. PS I work in The Permian Basin, we are super busy. Long term Oxy will test the break out and head higher. This is just what I'm doing, the only thing you should do is comment back if I'm right or wrong lol, do not copy this trade.
#CVXthis is looking to get shorted testing out old ass support from 2018 and i have a feeling she won't pass or i just don't see it happening in this market
$130 Bottom for SPOT8 months accumulation at $253, followed by a big break out to the downside in Jan. Look for $130 by Jun/July based on the range during the accumulation.
RBLX calls and puts: Levels to look out for and considerNYSE:RBLX
Price - 98.81
Support - 94.14
Resistance - 104
Consider**
Calls above - 107.97
Puts below - 93.1
$JKS Head & Shoulders - Downside Incoming?Looking at this Head and Shoulders pattern from mid August to present, also note the double top in last July and November. Solar sector as a whole is getting beat up everywhere at the moment, and it feels like the writing is on the wall here for $JKS
Their earnings are coming up at the start of March, so I feel there is a danger we catch a little bounce here and consolidate 'til then. However - the setup is here, and I don't want to miss it
I don't really want to see price back above $41. In fact, ideal situation tomorrow is that we get a little upwards move on the market early in the day, and I can find an good entry for a put position whilst price is above $40, with $41 as the stop. If price needs to consolidate and range a little whilst the Market digests this week's upcoming big earnings, then above $41 I don't wanna be involved in the decision making, and would rather take the trade on the breakdown rather than in anticipation if that ends up being the case.
I'm going to be going for March expiry , and I'm going to be going ITM for the main swing position. If we get clear breakdown below $39.00 with conviction then I might day trade weeklies simultaneously and just zone in on $JKS all week.
I'd like the flexibility of letting the swing position run and breathe (whilst trend remains) and trying to take scalps/day trades on weeklies. I've recently had great initial put entries on MTTR, FCEL, and back a little while longer ago on BNED - and each time I didn't show enough patience to hold my puts through long enough and I didn't capitalise nearly as much as I should have on these massive downward runs
No distinct concrete target, but I'd like at least $36.00 and even down to $32.00 I don't think is out of realm of possibility. I think anywhere below that we'll have to be on alert for a bounce around $30 region. But we'll play it as it comes. Hoping to nail this one. But willing to be wrong . Will add to this post tomorrow if I take an entry, with what I bought, when I bought, and for what price.
*this is not Financial Advice, and is merely my opinion and idea*
CrashhhhLooking to grab some outs if it closes below the support line. Won't be making a move until seeing confirmation, give me your guy's thoughts on this setup in the comment section!
QQQ BEAR FLAG 1-4HR TIMEFRAME QQQ BEAR FLAG. Break below red line can see the levels marked below. Expect a retest of break out with a bounce around demand zone.
Weekly= white levels
daily= teal levels
4hr= purple levels
Gives me a clue on what levels are stronger than others.
SPY OR DIE?Target $458 (50% Retracement)
If fails $444 (38.2%) & breaks $435 we're going back to $425 or below.
FOR 1/25/2022
FB stock has room to drop on weekly - swing putsThe gray lines on chart mark a channel. Price should move to bottom of channel, and then we see if it breaks lower or moves up. On RSI you can see two failed tests at 50, and looks bearish for now.
I bought 18Feb 290 puts.
