From the options chain on 10-11 exp. Its telling me prices wants 437.50 by end of week. Pop to the 420 and a move lower is possible before the rally hits. If my pink level breaks, were so screwed lmao
I know my charts are not pretty and I look pretty stupid a lot of the times. BUT. I noticed something very strange with the time cycle charting tool. I was measuring the tops and bottoms to find out that the bottoming process on SMCI is scheduled to happen just before NVDA earnings. Meaning... if SMCI follows the cycle we will see a huge dump before the...
Don't want to say all that much about it. But, very over sold and company has great cashflow. Mainly looking from the perspective that china does well when the USA struggles in equities.
Well well well, Walgreen's is definitely going to try and redo there entire business model in order to save it. There are some weird and unbalanced volume levels left behind that I think we will see again this year. Target is $12 and depending on this earnings, I don't know when it will hit. Shares only.
I think its a perfect time to re enter or put crypto names back on your radar for a short term pump. We have shaken out all of the hype and bitcoin halving people, hope and happiness is almost dried up in retail. If we break our dark green line, I would stop out and wait for a re entry at next support. I see COIN to $230 soon....
There is a lot of movement in call options for majority of expiration dates. IV levels are the lowest for the 28 strike. Calls expiring 10-11 or 10-18 with a strike between 28-30 should be the safest and most profitable contracts if it goes in our favor.
Huge flag on the weekly. I am seeing it at its largest support level it has dating back to 2017. The next year for crypto will be a boom or bust.
Apologies for the sloppy chart as I need to share this without putting to much effort into making it look pretty. Look at the last earnings report EPS and tell me that big institutions aren't looking at this to buy... Its consolidated enough so far and this is bound to hit $34-$36 EZ PZ.
See my blue zones below and buy when its in the zone. This has seen to much selling pressure and just hit major support dating back a few years. Only way this fails is if the company looses its backbone during earnings.
Bounced off the moving averages and breathe increased largely. I see Nike and this stock bottoming soon and also moving sideways for years to come. Not a lot of growth in the future as my generation moves away from big named brands.
EBS has THE main stream Narcan that dominates the market. With increasing over doses though out America. Earnings could make this move like crazyyyyyyyy. If it is not this earnings then it is next, this stock can pop 50-100% in one day. Its a scalp trade.
My plan here is very clear and labeled. This is a strong turning point for china as the US markets are starting to roll over, this can be a great opportunity for china stocks to rocket and Biden trying to limit our ability to purchase them.
I find this post to be so informative and personal that its funny LOL. Just like the MRNA post I made, I have been trying to find a store with Zyns and they are all sold out hahaha. This company will see a huge increase of investments as there trying to replace old products with new ones THEY MAKE.
Depending on earnings being rescheduled or changed from its estimated date. The movement from July 1st till earnings in late July should be watched closely. My three scenario's are the following I drew but in my opinion we need to see a healthy draw down to my zone in pink for a rally. Worst case scenario is a blow off top this summer, if you want a long term...
We should be movement to the upper channel on good earnings. Okay growth Strong Sector High demand and low supply
I play all my picks off of structure and volume profiles. Structure is lacking and momentum is falling. Best case scenario is sideways
War with Iran and market finally pricing in low growth can have a nice flash effect to $490. I also think the higher probability trade would be a dead cat bounce or reversal, as peak fear enters.
From the lows after 2023 bottom, we have seen TLT do nothing much at all in the short term time frame. If we zoom out, they disconnected at the 2023 lows. This told me last year that we will see the lows again after TLT has time to recharge and balance the market back out. This disconnect has everyone scratching there heads on a recession among other key...