From following #tothemoon hype from r/wallstreetbets , I have obtained a small security of $1 million starting with a $1000 account. I have continued learning trade analysis and options trading techniques since then for the past year and have been able to grow my account to $1.87 million. Don't believe me check it out: www.reddit.com I have been a TSLA trader...
Been a minute but this is a classic wedge formation that I wanted to post. Personally I am bearish but this could be a bull flag... only time will tell, but if you do want in the SL will be at the high shown from today. Manage your risk but you can probably get in tomorrow if it does not gap down/up.
This week has definitely been the most baffling to new investors and the untrained eye. This gap up on Monday followed the general market rules and the following days have been acting accordingly. If you understand the past movements feel free to skip to the Predictions section below; otherwise, keep reading. Why the Gap? First off if you don't know what...
I mean they have outstanding debt and their price has been pumped up during a time where consumer traffic is less than their usual. I personally think a negative earnings is coming and it will hit the price hard. I do not usually have a position during earnings but this stock slapped me in the face twice and I think having a put on it will be a safe trade....
I am posting because of how low the amount of post are on BALL. I this is a very fundamental stock that is very good for making smart trades. It is trading lower and the today formed a bear flag. Possible gap down to the level indicated (I like it a lot) and if SPY is consolidating or bullish tomorrow then we could see a push up, even with the terrible earnings...
First off I was going to make this a private idea because it is long term.. and if you follow me then you know I DO NOT like long term predictions. Intra-day clues and signs are much more valuable to traders like me, but today's end was so crazy I thought it might be a move that is following a longer term trend. It definitely made me go "hmm". What Happened:...
I feel very strongly that this is a possibility. Let me make this clear I am not a bear NOR a bull at anytime.. I am simply a trader. I must look at it from all angles. Below you can see the different angles. -Bears perspective: We are currently trying to test new highs, but today's gap down shows exhaustion from the bulls. The market will continue to push till...
Wedge formation on a bull flag. Could lead up or drop down and touch the gap. Be safe Personally I like the gap up more-so
yeah. small time frame trends being broken and a big? in terms of what the market is saying today. I think above is more magnetic but below is also possible. This is not a impressive idea from me but still wanted to share it. The values are legit though. I just dont know about the movement tomorrow. My ideas are usually alot more thought out and accurate. Check...
Real quick before trading closes.. I have the levels above that could be reached if traders react well to the earnings and the levels if a drop occurs. We all know that the earnings are going to be low. That is factored in already, but still there is still going to be a reaction tomorrow morning. I personally think there is more risk going for a call rather than...
Look, here are my thoughts at the moment.. We are on an upward movement right now. The bulls successfully made a new high today because of this there will be more shorts being put in on the market. What does this mean? The market will go down? -- NO! And I will explain why below At most I could see a short squeeze tomorrow meaning price would gap up and push...
This is just a pinpoint of the important values given by 4-16 (the last time we were in this price range). The strong resistance is a high of a breakdown candle(4-16) and the support is given by the value that was rejected today and also the low of a breakup candle(4-16). Trade accordingly and personally I think the bears have a slightly stronger control due to...
Im just having a little fun with a fib circle and trying to predict the next decent sell-off. Obviously no one can call the future for sure and intra-day trading provides the best information, but its always fun trying to get a big picture of the important levels in play. Short-term I am long till we get closer to the 184 mark. Beyond that I am going to wait till...
Hey guys! ItsQure here with another hopeful short for the next 2 weeks. SPX caught me off guard today the bulls on wall street are pumping the price in order to reach the fib retracement. However, there is no way the bulls can hold up the bubble of the economy for another week! IT WILL FAIL before getting to the .5 retracement value of 2795. We must to test the...