Loaded PSTH shares here. It's practically nav and Bill will announce the company he is merging with imminently. Ignoring the potential head and shoulders formation which I have charted using the wick. If that wick is ignored its safe to say that this H&S has already played out and we are at the bottom. I despised PSTH at 30. I like PSTH at 23. So I boughtt 1500...
Well, I did. I closed my long when it didnt break out and went short. This name is in a supply zone. It may be prudent to watch another bounce here and set a buy on shares at the support below, Shopify is going nowhere regardless of COVID. Limit order on shares set. Speculative put credit 1000/1050 4/16 @17.7. This will be closed if this flushes below 1050...
What to say about this stock. A competitor to TWLO it was touted. Well, the chart to put it mildly is totally destroyed. I would write a thorough thesis and DD on the value this stock offers relative to the competition but sadly it seems the markets have other ideas. Crashing through multiple supports not to mention the bear flag formation which I ignored to my...
Recall a few weeks ago my bullish posts of bounce galore and how the bear correction was over and we'd all be smiling and enjoying a pina colada in the Maldives for buying this dip. Well, PYPL has other ideas. PYPL is about to form a huge head and shoulders and unfortunately its a long way to real major support. Ah... I love this name and I will continue adding...
Well what to say about this stock. Caught up in tencent trouble, printing a huge head and shoulders and falling out of a channel that has held it in. This stock personifies the greed of the 2020 tech market. And this stock wiped out many traders who thought more upside was possible earlier this month. Well, this is I guess poetic justice for me as a trader who...
Head and shoulders forming on this strong ish support, zillow let me down, death puts here can be taken
Flag forming into ascending triangle here. Been watching this name for a while. Good swing over the months, but now looks like a solid long. If breakout confirmed, its going to 70s and forming new strong support in the 65 region. DOW chemicals is a strong business in the materials sector in same way as DD (Dupont) is.
20 target Ark is buying this name Lot of UOA on 17c april. No brainer.
5g tailwinds Big volume to oi on 40c april Trader did approx 5000 32.5/35p put credits for april as well Sizeable volume on 40c June On the cusp of a technical breakout with symmetrical triangle formation and bullish momentum on the macd. positions: 50x 40c 4/16 20x 40c 6/19? (cant remember the june opex off top of my head)
Dupont heavily oversold, now breaking out of falling wedge, pay attention. Following green path for now.
Cheap spreads, holding 80/85c april 70/75c 3/19 safe spreads and credit 65/70p 3/19 to help fund
NVDA breaking out, after steep sell off, gap was again tested and breakout point from August bounced Targeting 550, position accordingly
great setup pypl 250/255 3/19 and 260/270 lotto going long with 250c april (bought yesterday) targeting long term 300+ breakout on stimulus, best fintech name in the business
Target 250+ by 3/19, positioned accordingly
SHOP consolidation at the lows, supply zone, targets 1200+ 1200/1220 3/19 1230/1250 3/19 1275/1280 3/19 lottos fd 1120/1130 1165/1170
Clear bottom on Wix, inverse head and shoulders 310/320 for 3/19, long 320c april for now
Zillow double bottom, cup and handle Gone long with 150c april, 150/155c spreads for 3/19 which I will close at expiration for max profits.
Poor treasury auction tomorrow will confirm the top of the megaphone FOMC next week will pronounce the retest of the lows of the megaphone