Ross-Santos

Ross-Santos

SPY had a big gap down today all the way down to 427.46 (-1.65%) but managed to bounce back at close. Here are the key areas to be watch out for. - A have some good support at the 21day EMA (426.75ish) and could play it off the bounce there for a short term play to the upside. -A close below the 21day EMA would be a bearish sign and we could see it testing 50day...

Ross-Santos

Boeing had really good news with chinese aviation officials have expressed willingness to conduct flight tests on Boeing Co's BA 737 MAX, potentially paving the way for the fastest-selling jet's return in China. This is the type of catalyst that BA needs to get out of this consolidation period! -Almost closed above 6DAY SMA! -50DAY SMA will be a small resistance...

Ross-Santos Updated 

-TSLA formed the 135 elliot wave and looks like we're gearing up for the wave 5 which is the next leg up. -Gap was filled below and bounced perfectly on that .382 fib retracement -We also have a gap above around 724 - 732 which could be the target -Waiting for a TTM Squeeze to form on smaller timeframes. -I'm looking at a month out expiration for options.

Ross-Santos Updated 

SBUX finally broke through that major resistance @ 114.70 w/ volume. We have also entered time cycle one on the TTM Squeeze. We're in the 7/16 115C and up 45% @ close. SBUX still has a lot of momentum to test 117 area and possibly take out the high. I can see this happening within the next week or possibly early if the market keeps trending higher.

Ross-Santos

-Wolfe wave triggered on multiple timeframes -TTM Squeeze forming on Daily -Pennant/Wedge formation -BYND is getting ready for a big move. We bounced off of the 200 SMA perfectly and using it as a support. Contract Suggestion: 7/16 155C @ 1.70 7/16 157.5C @ 1.38

Ross-Santos

DLTR has been trending and gapped down after earnings. It's been consolidating in this range and formed a pennant. We are also forming in the daily a ttm squeeze. I wanna see DLTR get above the 6day SMA and have the emas trend bullish. Contract Suggestion: BTO DLTR 7/16 100C @ .96

Ross-Santos

Entry point - 53.25 or break of trendline which is also where the 200day sma is. Contract suggestion: DKNG 7/16 55C @ 1.31

Ross-Santos

AMC looking prime to re-test ATH. Looking to either enter at the breakout or wait to test the trendline below.

Ross-Santos

DOW had a nasty pullback today as Boeing drags it down. BA had bad news regrading FAA approval and delays with the 777x. BA formed a cup and handle as well as an inverse head and shoulder with a breakout at the 256.67 level. I like how BA bounced on that 50day SMA and used it as a support. I'm looking to long BA 3 to 4 weeks contract for a possible gap fill to...

Ross-Santos

RIOT has been beaten down pretty bad and had a pullback as far as 33.30 area which was a -58% pullback! There's a major support at the 34.20 level which would've been a perfect entry but I think there's more room for this to move. We are also forming a ttm squeeze on the 4hr and it looks like it's setting up the same way it did when it had a pullback back in...

Ross-Santos

NYSE:SNAP Long above 64.28 w/ a price target of 66.94 & 69.42 Inverse Head & Shoulder Breakout Fall below 55.90, look to short for a gap fill

Ross-Santos

Here we go. Here's an update on the chart I posted a couple days ago. We filled the gap and now we're ready to bounce and run into ER!

Ross-Santos

RKT has been trading below the 6-8-21 day sma and struggling to break through these moving averages which signals bearish. It's sitting above the 50day sma which is using it has a support. If RKT fall below the 50day sma I'd look to enter a short position and gap fill all the way down to the $19.50-$20 area. Contract Suggestion: RKT 4/30 21P @ .50

Ross-Santos

ROKU bounced off of the 21day sma on the daily and using it as a support. This is a good entry to long into NFLX ER in anticipation of a positive earnings which will give ROKU some sympathy run. ROKU did the same thing when NFLX had a good ER run last Quarter 2021 I would grab weeklies which would be a lotto.

Ross-Santos

- $22 gap was filled today (4/19) and this stock is preparing for a gamma squeeze into earnings. - Potential gap fill above $30+ - We are also sitting at a major support level which is a perfect entry to long! I would look to long and get 5/21 contracts tomorrow morning. 5/21 option contracts are very well priced so I'd suggest grabbing these dates as it'll give...

Ross-Santos

NASDAQ:AMD AMD formed a 5th wolf wave pattern looking to launch and possible target is that green trendline. It's going to be a little hard to trade AMD going into earnings since we're sitting on top of a gap from a couple days ago. Best way to play it is to wait until gap fill and make an entry after or have a starter position and average down if it decides to...

Ross-Santos

There's a big support sitting at $232. I would trim some profits now and let the rest ride.

Ross-Santos

NYSE:BABA Short Below 236.60 area with first price target at the support line. This is a GAP play, but ER is right around the corner so be very careful. We are also in this this pennant/wedge and if we break above this wedge, we could see a bullish trend continuation and a possible ER Run.