SVXY - easy way to find bounce back daysSo on the SVXY any time we have a very large spike to the down side pay attention to the price rejection on the bottom of the red candles with extremely large wicks 9 times out of 10 the following day we have a solid green day. Today is only the second time in 2021 we have had bad to back extreme dips with a slight green day in between the two huge red candles but as i mentioned pay attention that todays candle does not have a long wick meaning buyers are not rejecting this lower price which could mean tomorrow should be a continuation for todays price action. there are many other ways not just this one but this is a frequent one i watch which has helped me out tremendously
Rundown
VMW showing some super bullish signsVMW recently split off from DELL and went out on it's own, which is great news as anything AI and cloud right now is super bullish and besides it's the only one i feel that can actually compete with AMZN Cloud AWS, tbh i'm planning on doing a break down video for this play maybe try to get it out before it reports earnings so i can help show people it has some great fundamentals and coming from one of the TECH giants DELL shows nothing but upside potential in my book as you can see it is on this down trend and has had some false breaks through but being that alot of tech plays are starting to pick up steam it will be one that i will be watching for to get a nice break out to the top side.
SPLK has been beat down and run down SPLK as you can see has been on this downward trend over the past year essentially however this play had great earnings first and foremost, is in the middle of a conversion going from a software company to a SAAS business model and to align their goals made a big change in leadership asking the CEO to step down and remain as an advisor ( meaning he is leaving on great terms ) to remain with the company says a lot and have asked an executive board member to step up and take on the CEO role moving forward to guide the company through this change being that he comes from a company rich in SAAS ( salesforce ) i feel this transition was not only needed but well deserved. However as we see from the price action the price action still is being run down. However lets take a look at earnings you see positive returns and positive returns per share. Aside from that Cathie Wood also reestablished a new position in SPLK which again are all bullish signs. I am bullish on SPLK and think this too will be a great opportunity when it starts to get some love and attention being that the price is way down from ATH's
SNAP - opportunity for some nice gainsBack when SNAP reporting earnings and had the miss due to the change in policy by APPLE with limiting how SNAP could market to it's clients i thought it was an extreme over reaction as the price literally fell off a cliff when i went digging into unusual whales i found very large call option bets placed out for end of NOV exp which seemed like they placed those options trades to collect premium only, as it was a multi leg strategy it also had very bullish call options included with some of the premium amount for a total option contracts totaling 1.3 million i tweeted out the chart weeks back stating i felt the price would remain in the colored box until those options expired so they could collect the premium and we would potentially see a jump back in the price action looks like we are closely approaching this coming to fruition, def should be a play to keep in your watch list
GPN - More Upside VS Downside Potential#GPN i recently made and uploaded a video on GPN discussing how this company has had solid earnings and even established a partnership with PYPL to start accepting crypto currencies as payment, aside from the fact it's a global processor for credit and debit cards it has a SAAS service it provides for business owners as well. All in All i feel this play has been dramatically run down looking at the chart you can see a long standing support line which dates back years it has recently broken through potentially being a false break, i would never advocate anyone buying into a falling knife nor would i give anyone that kind of financial advice but i do see that when this play starts to get some volume and interest will be a great opportunity to make some nice profits i am bullish on this play long term it's literally all about finding a floor and it starting to climb out of this downtrend still makes for a good one to add to a watch list.
How to see Nothing . June 3 market recap snapshot thingyNothing but homage and apologies for not saying nothing about nothing in the video. I also don't know if you can hear nothing or not so let me know in the comments. It's my first time trying trying in a while.
Markets are still at ath's. So u be usa. I'm gonna say that alot. But I'm buy low sell high step one mechanics.
Step two follow tastytrade. I like forex but tasty makes it make sense. It's like a cracker with fiber, gets you going, in a good way.
Step three, i'm bad at things, but god bless options, you'll see. Good luck! Say something or nothing in the comments thanks.
US 2000/ sm75
DXY
EURUSD
GBPJPY
AUDCAD
GOLD
SILVER
CL
BTC
DOGE