$UVXY Holding support at $13.50. $SPY looking overbought in the short term. Expecting some kind of $UVXY bounce 2nd half of this week.
$AAOI C&H pattern developing. Monitoring for a possible short squeeze coming. 1st target $37.82 near 200d ema. Note: very high short interest 75-80%.
$NVDA Breaking Out of Long Term Triangle - 1st target -> gap fill from Apr 19th
$FFIV Overbought Nearing Top of Channel
$IAC Oversold - found bottom at $130 support near 200d ema. Undervalued at this level.
$BUD Oversold at Support - also significant CALL buyer today betting $1.2M on 3,450 $100 strike Sept 21st expiration calls. Note: Earnings release next week 05/09.
$X US Steel - Confirmed head & shoulders . Downside to mid-20s in the near term.
$DIS Disney looks oversold holding the lower support line of long term symmetrical triangle pattern. Earnings coming up next week 05/08. Expecting bullish move near term.
$T AT&T a buy at $32 long term support. Note: This is a longer term trade - $T is a slow mover with low volatility beta of 0.4
$AAPL - Coiled up and ready to break key resistance line leading into earnings this afternoon. At the very least, looking like a nice long setup for a quick day trade scalp before close - upside to $170.
$MTCH Match Group Oversold - finding support around $37.50 Disagree with this steep sell-off. Facebook DAU demographics have shifted more and more toward middle aged adults. Most people of dating age, 20s & 30s, are using FB less and less. The type of people who would use Facebook to meet people to date are already using Facebook to meet people to date. This new...
$LL Lumber Liquidators catching support at $20. Oversold post earnings.
$GRUB GRUBHUB a Buy on long term trend line support
$AKS Bearish Rising Wedge heading into earnings Monday before market opens. Note: US Steel (X) sold off significantly post earnings earlier this week. Currently long 05/04 PUTS
$MGM Oversold at Support - significant bullish options activity as well
$TWTR - Solid earnings report this morning. Expecting the stock to hold this uptrend line. Looking like a buy around $28.50 with upside into the mid-30s. AO indicator bullish, trending toward positive territory.
$AMZN Oversold - looking ready for a solid bounce off $1450 support line.