DKNG daily - Descending triangle breakout play entry set just above previous high @ 51.49
TSLA Bull Flag intraday - We have finally broke through 7-month resistance on TSLA; After breaking 700, we are looking for continuation with a bull flag. We may consolidate into after hours and breakout pre market tomorrow with a potential gap. Heavy volume today, lets see where it goes.
F is up 0.49 AH and is over resistance. Tomorrow we will see if it holds, although we may retest that resistance as new support before taking off and following the main trend. Keep this on your watchlist!
JNJ is in a 7-month ascending triangle where we are testing resistance today with another ascending triangle. Watch for increase in volume for continuation on breakout entry: 173.22
Consolidated above the resistance line for a couple weeks before finally breaking out of the pennant today. Hope to see more volume and take off!
Rejected resistance at 280.50 If it stays in a downtrend, entry for puts should be good to ride down to the neckline and possibly break down.
TLRY has been in a triangle pattern for the past month or so We had a false breakout recently with volume that came in, but no perseverance. setting entry @ 17.45 but feel free to buy starter position on it
PLUG sitting on support, testing downtrend resistance on 15 min chart. Watch for a break of that resistance and increasing volume for nice bounce play off that support. Calls > 30.57
Many traders have been waiting for the next move on WISH.. Today could be the day. We need to break that downtrend resistance to achieve higher highs on daily chart; once entry is hit, volume should flood in Calls > 11.38 keep an eye on this today!
BA Continues to Squeeze Wednesday, BA fell below support and continued to fall the next day down to 226.16. Buyers came in and recovered the break through to give us even stronger support @ 228.00. Volume is starting to pick up on BA as we progress to a break out soon. Levels I'm looking at: Calls > 253.62 Puts < 224.91 BA could be scalped when reversing on...
The moment we've been waiting for.. breakout on flag right above resistance on 7-month wedge. Now we let the volume come in and collect our $$$ Holding 735c 7/9 @ 5.33
Great starter position can be made on LAZR premarket. If we hold this level, I will be entering a starter size position until my main entry of 26.48. Stop loss: 21.92
From a technical perspective, WISH looks good for continuation. This paired with the publicity ensued on it past few weeks equals a nice bullish set up for the future. Recent downtrend breakout on huge volume and now sitting above POC, we are looking for a move past the danger zone (Double top area). Once we break the high of the big red candle, we take flight....
After a 7-month long wedge pattern, it may finally be time for TSLA to run once again. Lets look at some factors We had a breakout on volume to push us over our resistance, but recent candle could potentially be a retest of that new support. For now, we are sitting on the POC (Point of Control) which is where we want to be since it provides nice cushioning for...