In calls with long expirations but might cut soon. I'm seeing empty space below PotterBox so PLTR looks juicy for shorts.
SHOP charted for the upward move along with the downward move.
TSLA boxes drawn. Looking for a move up into PotterBox resistance levels. Took a handfull of cxts looking for a gap up Monday morning. A bit of a risky play but, I was fairly confident in the play.
This is the best way I can break this whole thing down in a pretty short amount of time.
At the break below 414.40, I will be looking to go short. We have a ton of empty space below. TP = 413.60 / 412.50 / 409.60 In order to go long, I'll need to see a pullback to 415.35 and an open above the current resistance.
PULLBACK TO 201.32, LOOK LONG WITH PRICE TARGET BEING 209. AMD was a rollercoaster for me today but I've ID'd key levels.
TSLA looks like a solid move to the upside going into tomorrow. Keep in mind, TSLA has been getting wrecked for some time now. However, there is a ton of empty space up top and it only takes an ounce of good news for some tickers to move. We'll see if we can get an open above the top of the CB (cost basis) we're currently hanging around which is the bottom of an...
AMD presented a great play short today. I got the retest of premarket lows but never broke below the bottom of my PotterBox. I like AMD long with an open at or above the PB we're sitting on (199.50) and short below 197.
TSLA made THE MOVE I was looking for it to make today but I didn't catch it since I was looking at other tickers. It will be one of the top tickers I'm paying attention to though, going into tomorrow. If we gap down to the top of the PotterBox we're currently below, I will go long again.
TSLA has a bit more room to leg down. But it is at the bottom of a daily trend channel, which could signal a bounce. However, Elon has been getting punched in the mouth lately so who knows how much further this could tick down. Entry to the upside is annotated in the video.
Looking to pay close attention to WDAY this week. It's been staying around the bottom of its current PotterBox where buyers are holding strong. This is a bounce level. However, we haven't had a bounce and we've been hovering around this level for days. Tomorrow's open should give us an idea of where the stock could move but ultimately, the close is what I'll need...
I may or may not trade ADBE this week. They have earnings but also have room to run to the upside and if key levels are broken to the downside, we have plenty of empty space in that direction as well. I'll keep my eye on ADBE but not a fan at the moment.
Notes on entries annotated in the video. I've been holding ROKU for a week now and if I have to add some later, I will do so. WHEN this cracks, I WILL be there to pick up the pieces.
Looking to long PANW - will swing over the weekend if I need to. We've got plenty of taps at the top of the current box and a decent amount of empty space to go grab and squeeze out shorts.
I gave 2 scenarios for WDAY. I showed what I'd be looking for on the move up and what I'd be looking for on the move down. I'm favoring the move to the downside going into Friday 8Mar because of all the taps of the bottom of the PotterBox. Entries and targets are annotated in the video.
Long on ENPH looking for an open above current daily PotterBox. An open above there, we should hit the trend channel and head back down. If we don't have the strength needed, I'll look short as we have plenty of empty space below AND today was a day where it looks like the market showed a bit of a bearish-ness.
AAPL at a nice bounce level with some confluence. Tried to take AAPL up today and got stopped out. My trigger was hit - the trade just didn't work. I can live with that.
UPST is another play that I'm hyped about and that will remain on the WL until it gives me what I want. I've got weeklies open on this but if I need to stop out and reload, I'll do so.