Breaking that lower support line was not good. With the upward pullback channels starting to flatten out, will DOW turn around before January? Have to decide to roll options if there's any chance of it targeting $50/sh. Risky, risky. Good luck.
There's some reasonably good news from analysts and this one has been beaten down quite a bit. With a possible economic resurgence from the recent election, consider the support locations for key areas to place a bet.
With seven bearish arrows bunched up like this on the free LuxAlgo Watson Envelope indicator on the weekly timeframe, is worth a shot at some Feb/Mar (or further) PUTs?
I'm not the biggest fan of PFE either, but with 25 analysts thinking about Buy with target between 75 and 32, has PFE come down far enough? Dividends. With the events of the next year coming up I may wait for a dip and put my toe in the water.
Bullish higher lows trending with a wedge/pendant ready to pick a direction. Which way do you wanna go?
I think I posted this one before but the levels were not hit. Now the levels hit and I missed it, a little late, hehehe. Time to go down?
Multiple bounces on or near this point looking at the weekly. Technical analysis barring any massive projected market crash, time to go Long? Whaddya think?
After a 16 day upswing, 7 consecutive green days, and a sharp rejection at the current level, perhaps a good level to buy PUTs? Close out if any close above today's level.
Something's going on there at that level. Look at those sharp selloffs once touching that level where price is closing at right now. There's some evidence to take a risk on the swing to the downside, whaddya think?
Beautiful technical analysis set up, but it's gotta break sometime, eh? I can see breaking pretty low through the end of the year, I think I drew my circle big enough. I'll be quite surprised if it turns upwards, but anything can happen, right? If it breaks that low, good-night.
Uhh oh. The next few weeks/months should be interesting. There's about a 5% swing in either direction until the algos kick in to push up or push down. I'm guessing a downturn for 2023 but who knows. I don't do advice.
Pretty simple really, hopefully the diagram explains it all. I'll wait for $92 with this powerhouse. Push your CALL options out as far as makes sense to mitigate risk and depending on how much money you have. I don't do advice.
I angled the support line a little lower since price action was dropping a little lower compared to the two strong bounces on the left of the chart. I don't expect much good news this week especially with the white house redefining what the word "recession" means; sheesh. But in any case, cars still need parts and I'm hoping investors know this (just look at the...
Well, that was fast. Still a long way off the target region but feel free to take some profits from any PUTs purchased. I'll watch this solid company for a week and consider swinging it. We'll see. I don't do advice.
Are we ready to bounce with this solid company? Cars are more reliable but they do keep breaking. Did the insider sales help the selloff? If it breaks the trend line significantly I'll look at it for deep dip buy opportunities. I don't do advice.
Soon. PUTs. Ease in, perhaps watch it if it hits $392. This will be a doozy of a week one way or the other. Set your targets and wait. I don't do advice.
$440 already bounced or $400? What do you think? Fed rate hikes coming, yet how much has the market already priced in? Tricky tricky. I don't do advice.
If it breaks that trend I'll be looking for a drop, maybe time for long PUTs at that point? Costco is strong and doing well though; watching it. Also, don't trust Willy with time-based charts, I should take that off. I don't do advice.