dmfelmlee

dmfelmlee

Hypophysis: AAPL has been trending in a wedge pattern on the weekly and daily time frame since mid-April. I am considering a monthly or weekly call option. Additional arguments: I am thinking Long because of the yearly trend on AAPL, the Tariff pausing, and the large "buy of the dip" that happened in the first week of April. Conditions: I need more data...

dmfelmlee Updated 

Hypothesis: On the Monthly Timeframe, $445-$420 is a strong area of demand with multiple buys out of this zone since 2020. Action: Set buy limit orders into this zone, with a stop limit at $414.5. Sell Limit is $560. I will likely sell some positions here and set a trailing stop limit if momentum is good towards the upside.

dmfelmlee Updated 

Alert set for LULU at 425 for buys. will consider entry based on price action at this level. Potential S/R swap at 400-415 and .618 FIB retracement at this level.

dmfelmlee Updated 

2/6/24: New Demand Zone reached. Feb '24 reached a new higher-high, which either gives sustained price above $102 and continues up (Plan A), or price falls further into demand testing $95 and adding positions along the way, reducing cost average. $95 would be the bulls last chance at breaking out of the $116-120 Supply Zone.

dmfelmlee Updated 

LMT has been trading in this ascending channel since 2019. Trade is based mostly on this pattern. Decent dividend and election season should add volatility into this stock.

dmfelmlee

Hypothesis: AMD is has had a downtrend since March 2024, but the macro trend since 2020 is upward. The 174 region is a strong demand region with multiple strong rejections and advances from this level. This level is also in the FIB retracement zone. If 174 doesn't hold, the next level would be ~$95. I'd rather sell then hold through this move to $95. Action:...

dmfelmlee Updated 

BA has respected the $200 support level twice in the past 2 weeks. This is also in the golden pocket fib retracement from it's last run. Earnings are this Wednesday, so you could enter .5 position now and then the rest afterwards. Stop is below the last wick past 200 and target would be around 240. Would scale some out here and let some ride if the trend is still...

dmfelmlee Updated 

Every time price dips into $200, bulls push BA into the $210 range within 5 trading days. I have set an alert to buy the most appropriate option once my trigger hits $200.30

dmfelmlee Updated 

DIS is consolidating in a wedge using 90 as its base. Technically its a long term bull flag. It could use this base as a support for further upward movement once it breaks out. I have alerts set on the upper wedge support line. I want to see lower and lower volume leading up to a high volume breakout.

dmfelmlee Updated 

Deere is in an ascending wedge pattern. currently priced on support trend line. long bottom wick on the weekly candle for last week showing buyers and confirmation of support trend line. Trade to 1 point below supply line at 435 with stop loss at 1 point below weekly candle wick from last week.

dmfelmlee Updated 

XOM has been in a range between (116-120) and (97-100) since Oct 2022. There is a level around 103 that has been an S/R level since Nov 2023. Currently, Price has not sustained over 103 since Dec '23 shown on the weekly chart. Price action is forming a wedge leading to a potential breakout at 103. Plan would be to target the upper range by May '24. Dividend...

dmfelmlee Updated 

VIX is at key support. The pattern indicates a move to 14ish by the 3rd day is likely. Option is (24th Jan $14 C) Buy after Open on Monday