CGC looks ready to pop. RSI curling up and price action indicates that this is the bottom. Call options are super cheap so I added a small position in anticipation of break above trendline.
Playing this descending triangle on PLTR. Will enter on break and retest of downtrend line. PLTR is undervalued, has a hard time staying above $25 but I think a massive run is coming soon.
TMUS is waaay to cheap at this point. The market is a wreck but this one should be an easy swing of the double bottom. Playin $118 call option expiring 10/22.
AMD looks bearish. Broke the trendline, ugly red candle today on the daily. Momentum has subsided, looking at $103 strike puts expiring 9/17. I think AMD will fall to $100 before finding support.
Every 20 something trading days the SPY pulls back. Very predictable and ridiculous pattern. I'm if you go back to these dates you can find some BS doom and gloom headline about why the market is going to crash. The amount of FUD in this market is disgusting. Moral of the story, look to buy some SPY puts in a couple weeks and take advantage of the "free" market.
Treasury yields pulled the entire market down except for EA. The lone soldier looking strong. Chart looks great on the weekly. Last candle had a long lower shadow at support. This weeks candle is an engulfing candle. Barring the market being a bigger turd than it already is, EA should move back to the $140 range by the end of next week. The idea that treasury...
CHPT looking strong. Bullish divergence between RSI & Price Action, MACD strengthening, Downward trendline was broken today with a slight gap up and volume has been increasing. 10/1 $22 strike call options. If CHPT can't break above $22.54 next week I will close out position. If $22.54 is broken $25+ will follow shortly after. CHPT is so undervalued its...
MP chart is looking strong. 50 MA above 200 MA, Price above the 50 and 5 MA, MACD is green and RSI is up. $38-$40 in the near future.
CHWY is set to make a move back to the upside. Closed above a resistance level today, RSI has curled upwards, MACD should turn green early next week. PT is $78-80 EOW.
FUBO is primed for a breakout. Nice consolidation, good trendline support. With sports betting coming soon for FUBO this stock is undervalued. First short term PT is $31 and then $34.
PLTR held up well today while the broader market declined. The RSI is looking bullish, nice trendline support at the moment. PLTR has been in the accumulation stage for a while now but I expect a break outside of the white box in the near future, before the end of the month if I had to guess. With some increased volume, $30 is the next stop. I don't buy into the...
KTOS is looking bullish. Volume was much higher than normal today, Long lower shadow on today's candle. A push to $27+ in 2-3 weeks is very likely. Playing $27.50 calls expiring 10/15.
TXN is setting up nicely. Ascending triangle, bullish pin bar candle on the daily. Looking for a move to $191+ next week. Will look for opportunity to enter 9/17 $190 calls tomorrow. 50 MA is acting as resistance but should be able to push through.
My favorite setup. Blue chip stock, ascending triangle. Calls have super low IV making them dirt cheap. 9/24 $225 call option $3.15. Hoping for a quick move early next week. Today's candle looks bullish, lets see what we get tomorrow.
MARA has a great setup, probably gap up tomorrow. If it doesn't will look to get some 8/27 calls for a quick swing. PT this week is $39-41.
NIKE had a nice pullback to the trendline today, could be a good opportunity to grab some shares. Nice symmetrical triangle forming. Looking for a move to upside in the next week. Playing $167.50 calls expiring 9/10.
AFRM setup to make a run to $75-80 range. Not much resistance above the red box. Might get one more rejection from resistance before breaking out.
If the market isn't a dumpster fire this week CZR should be able to push back to $89-$90. Looking at 9/03 $87 calls if the SPY is green.