AftabAli

AftabAli Nov 3, 2020

Shorting this garbage into the election. Once this nonsense election is over, the economic reality will set in and this market will likely melt. Technicals are also favoring the downside with clear bearish divergences on the 3HR chart and stochastic at the top end of the range.

AftabAli Oct 12, 2020

Negative divergence on MACD, post election volatility, productivity contracting, softer corporate forward guidance all spell trouble for this over inflated market. Take heed.

AftabAli Updated  Jul 13, 2020

Very normal market behavior (sarcasm). TSLA putting in new all time highs in price while MACD and Acum/Dis oscillators diverging. Great spot to start shorting this nonsense. Minimum move down to $646 per share.

AftabAli Jun 19, 2020

America has reached peak autism. Bearish RSI and MACD divergences on the 3 hr chart with price target of $122 per share. Enjoy the slide.

AftabAli Jun 18, 2020

People are insane. Clear bearish RSI and MACD divergences on the daily chart. Looking for a move down to $550 by mid July.

AftabAli Jun 11, 2020

Bearish divergences on MACD and RSI. Expecting a sell-off with minimum target of $165 per share.

AftabAli Jun 5, 2020

Skeptical of the current rally as VIX mid-term futures suggest another leg higher to roughly $67.85. ETA of July 15th.

AftabAli Updated  May 26, 2020

This is a gift: buy long contracts with time, and this trade should be very profitable. RSI is showing clear bullish divergences, and the day will likely end with a solid tail candle. Primary price target of 28.75.

AftabAli Updated  May 18, 2020

Nothing clear cut I'm seeing in the charts; this is more of a gut call. I'm looking for a reversal to the 7700 level, where I expect we'll see a reaction. I'm opening short positions against the high of day today. Start the position small and average in, should the position perform positively. Cheers,

AftabAli Updated  May 18, 2020

Accumulation looks encouraging, though the fundamentals show little improvement. This trade is more speculative than others, so size positions accordingly. Best case scenario can take this stock to roughly $240 per share.

AftabAli May 1, 2020

Futures broke down overnight and are currently backtesting the uptrend line. This is an objective area to open short positions. Price target of 8345.

AftabAli Apr 17, 2020

Aggressively selling weekly $570 calls here.

AftabAli Mar 24, 2020

No, it's not COVID-19, it's the cycle. As impressive as the sell off has been thus far, this is just the tip of the iceberg. Over the next couple of months, the equity markets will likely recover some of their losses. However, keep in mind that the cycle is far from over, and investors should consider diversifying portfolios across multiple asset classes.

AftabAli Mar 17, 2020

Aggressively buying BA here on margin without any stop loss orders.

AftabAli Updated  Mar 13, 2020

Beautiful multi-week long set up. Looking for a strong reversal to 10948. ETF traders can use INDA as a proxy.

AftabAli Mar 12, 2020

Cash Vix near 2008 levels with bearish divergences on the 3 hour charts. Although VXX is the futures S&P vol ETN, it should replicate the premium compression which we're looking to capture.

AftabAli Mar 12, 2020

My thoughts on where the S&P 500 index will travel over the next several weeks.

AftabAli Mar 11, 2020

Gap from July 2017 back filled today. Targeting retracement to price target of roughly $285 per share. Place stop loss at roughly $190 per share.