


BADUNDERPRESSURE
Looks like a great short entry to buy some puts at 87.50 Looking foward to what next couple weeks has in store for us.
A 123 bottom if your not familiar is a break of downtrend . then retest of downtrend followed by a bullish break through resistance which is the high of the breakout of orignal trend as displayed . A failed 123 would mean the stock price moving back into downtrend or making a lower low even after breaking trend
Long KHC feb 75 calls for .95 this stock looks good for a move up to 80 after it breaks its inverse head and shoulders neckline at 74.77. The break is good for 5 pts.
Next couple days will tell all but this is definantly what i see happening. Im positioned for it and hopefully trading my plan will work out. Inverse head and shoulders.
If we can hold here then a bounce up to first resistance is likely i cant imagine we have enough strength to push through that anymore then a move back into the down channel shown as the 2 black lines. this week will tell all.
Looking to short at 2040 , going long until we get to short target
We are currently at a 6 year support level and a bounce should be expected to fill the gap at 204.00 the more i look at this chart the more i believe in it. Markets have sold heavily the last few days and it almost seems like a nobrainer if this level holds to get into strong stocks tomorrow for a very quick move up to resistance.
Need to retest 198 before move lower in my opinion. Break of descending triangle tomorrow should confirm. a move below is always possible but we are down several percentage points last couple days. MMs will want another chance to get out at a higher price.
the arrows display what i believe to be the moves for the next few months. It looks and feels really possible and im going to play it exactly as drawn and hope i come out on top. Good luck all.
Higher lows, break of major down trend and now breaking out of wedge. First target sits at around $40 a slight pullback to begin its major trendline would then be necessary for futher moves upside. cant imagine it goes anywhere but up afterword. Good luck all!!
Textbook 123 top as taught to me by the most awesome coworker in the world. all time high followed by break of trend 1. retest of major trend 2. then finally break of 300 which makes the number 3. Doesnt get any better then this folks. 50% pullback becomes first target at 218.66
Biotech will be the leading sector to crash the overall market. The charts should be obvious enough.
Charting in its simplest form, its either time for a major pullback to 75 for a move higher. Or the absolute rise and fall of AAPL as a company. :O higher lows now lower highs. Change in trend confirmed.
I purchased several put contracts for 98 strike jan 15 for 1.45 before the bell on thursday. Looking foward to ride it down to 95. Will sell puts for 100% gains at 3.00 then wait for retest of 97.76 to reshort down to 91.57 . Looking foward to gains this next couple weeks. gonna be hugeeeee
98 puts bought friday for 1.45 plan on selling for 3.00 sometime next week when stock hits $95. Sell for bounce back to 97.77 then repurchase for cheaper price to ride down to 91.57
Breakdown out of wedge indicates a target of 64.66 within the next couple months time frame. Target market as red line.
i expect a break to lower trend line then bounce to neckline before moving lower.