$JPM Earnings on deck! JP speaking Tues, this is setting up for an interesting trade... Loading on a pullback with stops at Friday's low. 5%+ IV time skew w/ earnings coming on the 14th for options! $170C calendars would give a really nice edge here
Prior Monthly, weekly daily high break here, retesting that level here Inside bar on the 1hr looking good with a break above this 1hr bar close
We'll have to wait to see what the 'January effect" brings but man... Been watching this giant c&h form for what seems like FOREVER
After breaking out of it's long standing consolidation range, AMZN is looking ready for the real run if it can break through $3700 next week Watching for a bounce off dynamic support and a break through $3700 on strong volume to validate. This price action would put RSI in full breakout mode and confirm a bullish flip on the MACD
Perfect continuation set up with reversal candles off the 50d MA as support
QS on heavy watch for the back half of this week. Paytiently waiting to see if we can get a break and hold above $24.75 for a quick push up to $28+
You don't need to be a candlestick expert to know how to trade them. It doesn't matter if you know the difference between a doji and a spinning or a star and abandoned baby. They all have one thing in common, the next candle needs to open clear above/below the prior. Over precision is not a traders friend. ROKU +50% in ~45 days from this exact price twice...
Gap filled! Clearing the 50-day moving average, MACD and RSI looking to flip up. Can we get a bounce??!
Remember this level?? Very nice hammer on the daily chart today. Had you bought at today's closing price you would have had 2x 50%+ gains this year. Hat trick incoming??
EXPR is FINALLY ready for the next round!! Blowing through $5.50 resistance and exploding through its average daily range with insane volume today, I’m adding to existing longs on this severely undervalued retailer... Sitting at a $390M market cap even after this run, selling for .35 price to book, this company employs 10K people and has $1.56B in sales. Do you...
AMZN Cup & Handle! Ready to go.... Options traders head over and see how we're trading it!
Avalanche at its core is a hyperscale native blockchain and the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, with the most validators securing its activity of any proof-of-stake protocol. AVAX also has a rapidly growing NFT ecosystem including major partnerships with Topps and MLB on their inception NFTs and more....
SPOT has been on an epic downtrend sitting -45% from it’s all time high but bouncing off it’s original resistance (now support) of $200. With more volume across the option chain than I can remember, taking a small position with any close above $215 (prior support). This trade is bullish near term for a small bounce up toward it’s next resistance level of $240.
Bouncing strong off its debut price of $17 as major support I'm taking my shot today with entries below $18/share Stop loss with a close below $16/share Target 1: $22 (+25%) Target 2: $25 (+40% Target 3: $31.50 (+75%) Target 4: $41 (+125%)
Love this one for a reopening position. Beautiful cup and handle still looking primed for a break out
Going long the 23andMe SPAC Merger Rumors with a plan to sell the news. At $13.50/share, this has been a decent entry of almost any SPAC. Regardless of news etc. we plan on selling the majority of our positions BEFORE the ticker changes to avoid being over exposed during the warrant execution period and subsequent dilution. From a technical analysis perspective,...