Xam13

Xam13

BA has now retraced to the 0.618 Fib Level and has a gap to fill at 253.70$. Even though I don't like the stock, fundamentals don't seem to matter right now and it presents a nice R:R trade with this daily candle. The 1/15/21 250 Calls options trade for only 3$..!! As always trade this at your own risk, cheers !!

Xam13

Hi, this is my analysis for TSLA! I know most people are bullish going into Battery Day on 9/22, there is a lot of upside if we break highs with the measured move target at 675ish, but we can't forget the downside, could be a bigger triangle forming, which brings TSLA back to the bottom channel line... Saw a lot of bullish flow on my scanner this week, the big...

Xam13

TSLA bullish setup, marked some support & resistance with some trend lines, trade this at your own risk! Cheers

Xam13

NASDAQ Futures currently at important trend line, red arrow is march first dip before a bounce, it would bring us right into support. For the bull case we hold the trend line and then break highs to a measured move target! Cheers, trade at own risk!

Xam13

SPY, we are near this trend line where the market reversed 2 times in the past after a bearish weekly candle... I posted a chart of SPY 2 weeks ago with a level of 350.90 for the measured move target and it lines up nicely with this trend line. Even though I am always more bullish than bearish, I think it is a good time to be careful. Trade this at your own risk, cheers!

Xam13

TSLA, this name has a lot of eyes on it, I think this rally might need to cool off a bit and it seems 2215.50 would be a nice level to look for potential short entries with nice reward. I'd be very careful trading TSLA, lots of hype before the stock-split on 8/31, premiums are expensive and it is a volatile name. Trade this at your own risk, Cheers!!

Xam13

Apple is one of my favorite stock to trade and today I saw some activity in the 8/28 490$ Calls... I think the bulls will try to push the stock before the split, i'm looking to at least get a move to the 475 area if we break out of this 4 day consolidation! Markets are at highs trade this at your own risk, best of luck !!

Xam13

SPY, it looks like bulls could still make a run at the 350 area which is the measured move breakout target!! Bearish I see 314 area re-test if we break trend line and the bears want a double top, can't forget the huge divergence on MACD but doesn't mean the top is in yet... I am very interested in how the coming months will play out!! Always trade at your own...

Xam13

AMZN seems to be in a bull channel since the march crash, it looks good for a big move in either way. To the upside I see a measured move, that happens to be the top of the channel. For the bear case, the measured move is about a 50% retracement from the march lows. Considering where SPY is at and that Bezos sold for 3B in stock, I would wait for confirmation once...