ImSamTrades

ImSamTrades Updated 

- Showing some strength on the pre market, RIOT is bullish above 12.30. - while I am not expecting the move to be bigger than 12.50 on the day, keeping with momentum, we can see it at 13.70 by next week. - a larger move to 14.20-15 may still on be on the table. - Trade is risk off bellow 11.60.

ImSamTrades Updated 

- 32.87 is a key support area, breaching it and chances of CHWY poking the 39 this month is weak. - look for 35 call this week with profit target around 36. - On a monthly time frame this can go to 39, but thats all depend on keeping with this bullish momentum. - Resistance are likely around 34.49, 36.72 and 39.56

ImSamTrades

- while the weekly chart seems a bit overbought, WBD still has strength and room for a probability of reaching 10.60 by next week and a possible 11.70 by the end of the month. - 9.50-9.40 is a good place to enter. - profit target is 10.60/11.70 - trade is invalid bellow 9 - For call options, use 29 Nov. expiry

ImSamTrades Updated 

AI showed a lot of strength in the last month and the momentum is still on. 30 area is a probability of where AI can reach this month. - For buying options especially OTM look for the 29th expiry or later better.

ImSamTrades

- For a ticker like HRHO with all its outstanding shares to be holding like that may be signaling a continuation to the upside towards ATH. - trade it on a breakout or buy it now with a clear risk defined. - Im being asked to give a price to where it will go but I lost my crystal ball. - Size according to your risk tolerance, there is no certainty in trading.

ImSamTrades

- While the whole market is trending with no questions asked, ECAP is still hanging where a great R:R exists. - But, it in fact went up a lot from high 18 to high 23.

ImSamTrades Updated 

- A beaten down ticker is not that attractive until the market says so. - it is still hanging around a good entry area. - the upside short term may be limited to 0.50 to 1 pound of gain (aka 7). However OBRI has a history of being highly volatile, do we get that during the coming months?

ImSamTrades Updated 

- Consolidation after an impulsive move with a resistance around 3.08 - Breakout from this level can send it to 3.20 - 3.30 (3.40 or higher if the market keeps its momentum) - find a good entry and set a stoploss with a good R:R. -Size only to your comfort level because its all mere probability.

ImSamTrades Updated 

- Probably the best looking chart at the moment in the market. - market needs to be bullish for this trade to work. - its hanging now around a good R:R. - We have a gap on the monthly around the 16.40. Once we break the 14 area, we may get an impulsive move towards the gap.

ImSamTrades Updated 

- ONLY if all stars are aligned. - Resistance @ 75.70- 76.40, if the market is able to breakout these levels, high probability that CIB will at least poke 78.70. - Day trading is highly risky, risk only what you can afford to lose. - Bearish market cancels the trade.

ImSamTrades Updated 

- EGX100 is down around 27% from its high. - Today it hit a very important level, the 200 day MA which was tested before on March 2023, and also if we measure the fib level, we find that it retraced to a 50% level. - This also occurs while EGX30 hitting its 200 day MA as well. - Now we can never know for sure if this bottom or not, but we can be prepared for...

ImSamTrades Updated 

- Market keeps rejecting 10800 level. and sellers seem to be taking control. - A lot of stocks already into bearish setups. - Noone can ever predict the price accurately all the time so Im going to keep it simple. * Bellow 9800 market is a risk off. with a handful of tickers can hold their levels. * wait for bullish reversal confirmation before entering any...

ImSamTrades Updated 

- Finally after the market shook off all the prophets of doom who were calling for a market correction the bullish trend is continuing its course. - OIH is highly liquid stock but the chart seems to be setting for a revisit of the ATH. - Entry area is the current range. - There is a good R:R so no need to have a tight stoploss.

ImSamTrades Updated 

- I am buying above 7.20 - chart is a bit overextended on the monthly, so I am not expecting a larger move, but I am still considering it. - I see potential for 7.70s/8/ 8.60 (maybe). - Let's bank.

ImSamTrades Updated 

- High probability moving average bounce on RREI - Just dont marry it, and aim for 1.5-2rs profit on it. - I see the good entry around 1.460s. - no need for a wider risk as it may mess a good R:R

ImSamTrades Updated 

- While technically the market was way too overbought and way too overextend this sell off seems real. - cheap can get cheaper, so avoiding buying a falling knife is wise option. - too much panic in the market, so I liquidated all except few. - monitor stop losses and sell all losers

ImSamTrades Updated 

- Overhead resistance is at 1.890s - Breaking it and clear sky ahead to 2.10-2.50 and then 3. - pretty sure enough shares for everyone to bank. - PS: you dont need 100 indicators on your chart, price action and volume are kings.

ImSamTrades Updated 

- I see higher potential if NEDA above 3.20 - Tight stop loss is not a good idea. - I wished volume was better but sometimes bulls dont need volume to push the price higher.