After Micron´s earnings, price is trading near a huge support (47,80), if we see in the daily chart at this level we can find the 50 MA and 20 MA for that reason we think that MU can hold that level and we can target around 49,5
Price is still holding 09282020 Gap up on the overnight session, if we see after mid night ES is pretty balance between 3296 and 3326, those extreme points are complete but if we see the buying tails are stronger than the selling tails, for that reason i think a good scenario to play is the bullish bias, we can try to look for longs at 3296 or look for a break at...
Price is holding above 09282020 Gap up because it is generating value above this zone in the last two days, now , we have a pretty clear range between 3317 - 3350, so after two days of balance i think we are ready for a big move, so go for a break in one of this key levels, for me it has a big chance if the break is to the downside because friday´s structure is...
today we take SC 220 average price 45 usd without transaction cost the IV of the contract in the front blows up when BYND started a mimi rally, creating great opportunities.
Trade idea: Long volatility on TSLA if NOV 20 get IV 79% current 89%, long call AM wth delta hedge As we can see TSLA get choppy last days, IV and realized volatility both low, our trade based on that TSLA would move, delta rebalancing each 5 deltas
Trade on volatility curve OCT 23, we see a low IV so we think there are a good play for the break out. We suggest Long call OCT 23 strike 165, entry price 2,28 usd SL 2 usd TP 4,17 USD. Our trade is focused on the increased in the volatility curve given by the break out
RUN is breaking all time highs and it has a lot of momentum for that reason the bullish trend is pretty clear, for that reason, we think the first support is 69,03 , so we are looking for longs in that zone until the prior most traded price
Price is rotating between previous range how we expected, please remember there are a poor low at 3331,75 and i am looking to be repaired, also we are opening on previous POC so the chances of a slow beginning are high, so if we test previous low 3350 again i am gonna take shorts until the poor low , the other place to keep an eye in previous low (3323,5) to see...
At the moment price is holding the 1% gap up what is nice for bulls, today´s structure is not complete yet if we see the poor low at 3332,5, also, we have a complete auction in both sides of the range, for that reason, how we see the things, we think that today´s range (3321,75-3350,75) is going to hold overnight to look for the next break out
After a SPY 1% gap up, Sbux is opening above previous range and also above daily 21 EMA for that reason if we hold 84,3, it would be a good set up to look for longs and 86 would be a good target to take out.
Do you remember Monday´s range extension? (3335,75), Do you remember Wendnesday´s range extension? (3287,75), i hope you do because today´s gap is repairing those poor and weak points, eventhough, friday´s structure is poor at 3243, and also we are opening in a 1% gap up, i am neutral because of the energy spend friday´s and overnight, if the momentun is strong i...
MRVL has been doing a triangle last couple weeks and also it is holding the 21 daily exponential moving average, thanks to the last month rally we are bullish in this stock and we are targeting 43,5 for the next 4 weeks
Price has a spike in the daily 21 EMA and it rejected previous gap up, for that reason we are gonna looking for longs in 117,53 to be with the trend
We are trading in the lower part of the balance in premarket, eventhough, price has a good balance in the top of the range, and there are not selling tails in the premarket structure, we are opening in previous POC, so the chances of a slow day are high. If we get back to previous buying tail (3212) and it has confluence with premarket low (3206,75) i would be...
APPLE rejected the 50 day moving average today´s session, this rejection suggest that Apple is bearish until 104,57 (Monday´s buying tail) if we broke that level next days i think we are gonna fill 07312020 GAP
After a big sell off yesterday´s session we think today is going to be rotational at least in the beginning of the session for that reason we look for a long in 104,57 ( Monday´s buying tail), eventhough we think there is more downside in futures trading days
The selling zone we mentioned in our premarket prep was perfect for today´s sell off, after that, today´s structure is pretty completed in both sides, but the most traded price is not prominent , for that reason, we are expecting some rotation inside today´s balance to be ready for the next move. If we want to break higher, we need to repair the poor lows at...
After a big day, today´s premarket is in a rotational mode, very prominent POC in the overnight session, also we have incomplete auctions in both extremes in the overnight session, very clear range between 3210-3239,5, we thinktoday´s session would be very rotational at least in the beginning because of the prominent POC in the overnight, but first of all we have...