dotpem

dotpem

Especially as it keeps getting rejected from a breakout at this critical level I wonder if we might see MU make at least a moderate leg down (and possibly even a large one).

dotpem

There's absolutely no reason this security should have exploded higher like this. Would not be the least bit surprised to see a pullback to $7-8 after a big pump like this. One way you could play it is with low cost $5 strike puts.

dotpem

Looks like ULTA just rejected an attempt to break out over a former support level and seems potentially juicy for puts a ways away

dotpem

Even though it makes no goddamn sense AEO has been rallying lately, albeit with quite a bit of chop. Maybe people are getting more optimistic about AE's ability to come back from the 'Rona, who knows, but at any rate you could potentially position to take advantage of this trend by purchasing $9.50 calls. If the stock continues to mean revert back to its 200DMA,...

dotpem

Could be an easy 8% gain and beyond and Netflix finishes up this pullback and jams back up to where it was just days ago.

dotpem

Biotech stocks have shown relentless strength lately, including $IOVA. I wouldn't be surprised to see that IOVA rejects this move downward soon and soars back up (i.e., reverts to trend). That moving average keeps cranking higher.

dotpem

$RACE is showing a lot of strength and might not slow down soon. 🏎 Look to get in around the bottom of this trend line as it (presumably) marches higher. Having broken out above a long term resistance point, I wouldn't be surprised to see some consolidation and another leg higher. The turn in moving average is interesting. That suggests it might be in more of a...

dotpem

DXY is basically just USDEUR and is mostly boring in a grinding uptrend a lot of the time. A lot of hand wringing about the dollar losing strength might go nowhere soon as this turns out to be just another dump before an explosion higher in DXY. Now's (or soon) might be the time to put on your longs for $UUP etc. Buying UUP $28 or $29 calls 30-90 days out could...