With broad market volatility ebbing, the place to sell premium is with earnings plays for now. Next week, look to put on options plays shortly before the earnings announcement to capitalize on post-announcement volatility contraction. This little fellahs currently look best for plays: LC: 5/9 (Monday) after market close. Due to the price of the underlying,...
Going off of the 5 minute charts. Risk Reward 1:2, - Entry 28.82 -Stop at Kijun-Sen 29.05 -Target 28.38 Intraday Trade. Intraday MACD < 0 and Higher Timeframe MACD turning down but still above zero
With an implied volatility rank of 99 and an implied volatility of 182, selling a little premium here at market open. I'm operating on the assumption that 16 is the low and that it won't revisit that level for a bit. Ordinarily, I'd strangle or iron condor this, but it's been wild to the topside ... . Filled for .75 credit ($75/contract). Notes: Thanks to...
I see promising fundamentals causing SCTY to rise over time, but key resistance levels to watch for are around $28, weak resistance at $38, and a major liquidity bloc around the $50 mark.
Possible entry at $143 exit $164 into earnings!
Got beaten and I think it'll gap fill and correct
Technicals are showing that around $180 we should see some changes
SCTY is a very erratic stock that can be sent flying or diving and usually follows patterns and triangles very well. I see it going down a bit on the triangle in the next few days or so and then continuing. I'm in right now but I'm going to probably sell tomorrow and get in on the next low and long until 40ish. Solar companies also received good news from Nevada...
The river has already run red and it will again. It touched the triangle bottom for resistance and is about to head back down to 30 if God is on my side. Entering as soon as I can Friday 1/8/17 in a short vertical. Happy trading!
Descending triangle spotted in SCTY weekly. Will coal affect it's price? I'm seeing two patterns. One is a descending triangle continuation or an inverse head and shoulder. Whatever it is, do take the time to observe how it unfolds. Personally, I think it will bounce to $46 and then range. I personally do not think it will shoot up or shit all the way down. I'm neutral
Solar stocks such as SUNE, SCTY have been hammered real hard for the past 3 weeks. Tesla is not a unicorn immune to the global deflationary forces. Like many, Tesla relies on cheap debt to finance its research and development. This isn't sustainable when Janet Yellen is no longer supporting the market with Quantitative easing (QE). It is also on the verge of...
4-17 Gosh looking a bit like a Double Top that's ready to break its uptrend (green) if you ask me. But for now? Its intact. I'm sure we'll find out next week. Feel free to follow on TWTR at @AmazingPatterns For informational and educational purposes only, these are not recommendations, trade at your own risk.
62.50 / 65 Bear call spread .15 limit (looking to leg into a 45/44 bull put spread making an iron condor) March expiration. I would not even LOOK at this bcs unless we close above 59 on the daily AO 2/23/15
This is an update for a previous chart that i posted 4 months ago, predicting an head and shoulders pattern (link: ) . At this point the pattern seems completed and we are at neckline level. So i'm expecting a breakout with a measured move that can bring the security to the 0.764 fib line level. In the same level there is a possible support, otherwise if the...
Looking at weekly chart we can see a possibility to build a perfect head and shoulders pattern, At the moment we are in the top of right shoulder. The 0.23 fib could be a perfect target for a reversal. If it's a perfect symmetry we can target to the 0.5 fib, otherwise we can point to the 0.38 or around 55 dollars area. So look at momentum and volume for...
This morning, leading solar energy stock SolarCity Corporation (NASDAQ:SCTY) is trading lower by $1.97 to $49.30 a share. This stock continues to come under some institutional distribution. SolarCity Corporation stock topped out on February 26, 2014 at $88.35 a share. It is easy to see how this stock continues to be plagued by sellers in the near term. Investors...