Chabias_Trades

Chabias_Trades

Buy if support holds short if support breaks simple as that

Chabias_Trades

This is my favourite set up for next week. Capital One delivered their financial report on 10/23 AH with a EPS surprise of 150% with good guidance. It gapped up from ER but oversold most likely to the market conditions 😢. Supports and RSI is holding well. Optimal Entry ✅ A close higher than 73, if it forms evenings star I will not enter. ❤ support must hold. Will...

Chabias_Trades

FIVE has been holding the 131.5 level fairly well the past month, previous resistance which now acts as support. Multiple rejections off that level. I'm expecting a break out from this consolidation (a partially visible bull pennant). Optimal Entry I will most likely open a starter position on Monday if 131.5 holds. Avg. down later if it breaks 136.5 and possibly...

Chabias_Trades

SMOG is a low carbon energy ETF. This set up will be more affected by the technical than politics. If Biden wins it will most likely reverse and retest with the green resistance, if Trump wins it will most likely retest red support. Play the break out on both sides if any of the trend lines break. From a purely technical standpoint, SMOG will most likely downward...

Chabias_Trades

Quick play to start off the weekend This is an attempt to catch the bottom on the WKHS dip. Recently it has been selling off from the delayed deal with USPS causing a large sell off starting from the 13th. It has been following a bear channel since, marked by the purple trend lines. Market volatility makes this play very risky but there's always a fine print...

Chabias_Trades

GLD LONG This is by far my favourite play for next week. Saved the best for the last :wink:. It's bee holdings support very well. Currently on a symmetrical triangle waiting for the break out. It rejected the hammer a few times on the daily and forming bullish doji on the Monthly. Optimal Entry A break and hold of 179.5 will be bullish, and a break and hold of...

Chabias_Trades

FSLY LONG Weekly ER/run up play. FSLY recently sold off to guidance loss. I think the sell off has reached an end and should reverse now. It closed right on support (red trend line) with a dragonfly doji on the daily. The ER is on 10/28 AH Optimal Entry As long as it opens above support it should be good for a reversal. Possible gap up PM. I'm not entering if...

Chabias_Trades

TAN LONG TAN is an Invesco Solar ETF. Recently sold off probably from the JKS wave. Looks like it's reversing: morning star and dragon fly doji on the 1D. Holding orange support fairly well. Optimal Entry A hold of the support would be good. Don't enter any more than 73 PT 77.5 SL orange support Contracts :pencil: From riskiest to the least 11/6 75c 11/6 70/71c...

Chabias_Trades

CROX SHORT CROX recently had a huge run up for their earnings. Around 40% from the last quarterly ER. It's at heavy resistance on the weekly chart and RSI. Multiple tests to break 53 on the daily, all were rejected. 2 grave stone dojis, 1 false bullish Harami, and it closed of on a hammer. These are very bearish set ups IMO. This is a ER lotto play The run up was...

Chabias_Trades

DELL SHORT DELL recently broke it's major support on both the chart and the RSI graph (red trend line). Possible gap fill (purple levels) down to it's previous prices in September. Bearish engulfment on the daily. Optimal Entry Break of 67.1 (green level). With the loss of both the red support and the green level there will be very big downside potential. You...

Chabias_Trades

Quick Play to start the Sunday off APPS LONG Bounced off of major support. Bullish on multiple time frames. Since I mainly use 1d it had a bullish Harami (reversal indicator). Three outside up on the 4h, also bullish. PT1 35.5 PT2 36.75 PT3 38.15 SL 32.8/32 Contracts 11/20 30/35c bull spread. Should be around 2.5 or (riskier play) 11/20 35/40c bull spread....

Chabias_Trades

CP LONG CP was downgraded today most likely because of the ER miss from CNI. They are both Canadian railways companies so they play by sympathy. This will unlikely affect CP long term because its earnings is next year in January. CP has multiple upgrades to the 400s through out the day and also increased its dividends. So this is very bullish news moving...

Chabias_Trades

Watch for support on the RSI good entry there red is stop loss