_TSLA | |_ --> Calls above 195.85 | Puts below 188.95 **TSLA has a 4hr Volume profile gap above $200. But has had a tremendous run up after ER. Did notice some opening PUT sweepers at the $200 psych level on Friday around the 195-199 area so will be looking to see how the markets digest the data this week. IMO under 190 we could see a healthy pullback to...
_NVDA | |_ --> Calls above 212 | Puts below 208.88 **This chip has been full steam ahead. Weekly DOJI at the close friday will be watching levels to the potential downside into Earnings on 2/22. IF NVDA does hold 211s would be looking to trade momentum to the upper demand-supply zone (217.50-220)**
_AMZN | www.tradingview.com --> Calls above 105 | Puts below 103 **AMZN with the weak price action after ER Test the daily gap fill and rejected. Will be looking for this name to see if price holds the gap fill entry at $103 or fails to hold and continues pulling back with relative market weakness.**
Weekly Hammer Candle close. At a key 5yr support block. IF Price action can hug 11-112 into close. Would be interested in 01/20 EXP 150Cs at 0.21/contract
Welcome to 2023. Is the first 2 weeks the goodnight move that the markets are bracing for: Daily bearflag. break under the pennant and we could see the moves under 3800 back to 3700 & under. timeframe expected Jan 09 2023.
Earnings on (01/13/2023), Falling wedge. Would be looking at longs above 33.25.. Invalid under 32.00. :dart: Targets (33.80,34.90,, 35+)
NFLX has held relative strength for tech stocks. Rising channel on the weekly charts. Daily Chart has a nice little gap fill retest above $300 into $315; Thus providing a nice move especially if tech catches some love starting the year. Keep in mind earnings on (jan 19th, 2023) NFLX calls will be looking for weekly or bi-weekly expirations above $295.50. Invalid...
JP Morgan with a classic bullflag going into Q1 Earnings (1/13/2023). Will be looking for a move 134.75-135 to take a longer call swing into the GP area on the fibonacci retracement. Stop loss at base of flag. Targets in yellow lines.
$SPY Projection as the infamous "Santa Rally is on worried fears". -->Typically This time of year through early January we tend to see some type of relief rally in the S&P500. A Santa Claus rally is a market theory describing when the stock market surges during the final week of December, extending into the following two trading days of the new year. --> Moving...
$JPM | Daily chart. -- Target Golden Pocket (0.5-0.68 fib leve) --Picked up the 115P for Jan 20th at 1.10/contract
Bought $BA 170P-- 12/30 EXP @ 1.25/c Reason: I think we retrace down to golden pocket.
Shorting this to 150s. 1 Month expiration on options looking at 12/16 Exp for 150P Could be major bags.
BTC touched down around 17622 before bouncing.. I believe we can still be due for another leg down but we need to consolidate and form an area of consolidation before making another move down or locking in this as the new low. Ideal can see BTC bounce between the range 20-23.5k before a breakout to the upside straight or leg down.. will be looking to wait for BTC...
ETH Weekly levels. Waiting for ETH to tap $750 cause it will then will accumulate heavy hold for 1-3 years through the accumulation/capitulation phase then see 10k in 1.5 years from the end of the bear market. Don't complicate it, keep it simple. Trading Made Simple.
(Weekly & Daily) Short Term Outlook (3-6 Months) - Bullish PTs 950, 1000, 1050 Long Term Outlook (6-12 months) -Neutral to Bullish Price Target --> $1600-1700 * Needs to hold $1000+ as support for me to be extreme bullish
$PENN (Weekly & Daily) Short Term Outlook - Bullish PTs 37, 40, 44 Long Term Outlook (6-12 months) -Bullish Price Target --> $55-62
(Weekly & Daily) Short Term Outlook - Bullish PTs 15, 17, 25 Long Term Outlook (6-12 months) -Bullish Price Target --> $37.50
AMD saw a 4HR inverted hammer candle into the close green on a downtrend. Marekt sentiment seems to slowly be shifting from bearish to neutral to short term relief bounce/rally into 390-400 range above 380s. AMD being heavily shorted prior to Earnings could be a surprise effect after seeing Microns ($MU) ER. Using a fibonacci retracement to play this out aiming...