optionsswing

optionsswing

SE 1D I SE recently broke out from a massive downtrend on the daily. It is making a double bottom near $65 and our OS ALGO picked up activity on the $69 strike! MSFT 4H I MSFT is making a higher low as earnings approach. Resistance near $255 and our scanners are picking up significant bullish activity on the $260 strike for 07/22. SQ 1D I SQ is down nearly 80%...

optionsswing Updated 

Crude oil has been unable to breach the supply region established in March 2022 in the $120+ range. It's also having a hard time establishing ground above the 2011-2014 supply zone - price action above seems distributive with selloffs underneath carrying significant weight. That said, given the macro climate it's unlikely crude breaks down from this range for...

optionsswing

ABNB 1D I We have a bullish divergence on the RSI. We have resistance near the trend and $100. Looks ready for a relief rally into earnings on 08/11. NVDA 1D I NVDA is breaking out from a falling wedge pattern on the daily. We have significant bullish activity betting on a breakout from $160 and possibly hitting $170 this week. QQQ 1D I QQQ is breaking out from...

optionsswing

The Dollar is breaking out causing foreign currencies to fall under pressure. The Euro continues to breakdown and the Japanese Yen as well. This is putting pressure on commodities such as Oil and Gold. $GLD is breaking down through supports, targets to the downside are 158, 155, and 150. Possible round trip to Covid lows. Hang on tight Peter Schiff!...

optionsswing

XOM displaying a head & shoulders on the daily and has been showing relative weakness the last two weeks. Neckline is here at $84 with downside targets of 81, 78 and 74. OptionsSwing Analyst Daniel Betancourt

optionsswing

TSLA reported delivery numbers and for the first time in two years, they came short of their goal. TSLA, along with most of the market, is in an overall bearish trend and is currently showing signs of weakness. The technicals show a wedge pattern with a short trigger at 660 with targets of 625 and 600.

optionsswing

AMD 1D I AMD is testing support near our trend. We have a bullish divergence on the RSI and earnings coming up. If $70 holds we can see a relief rally into earnings. TSLA 1D I Attempting to make a higher low on the daily, but still looks bearish below $685. Support at $660 and $625. Resistance near $685 and $710! QQQ 1D I QQQ is trying to make a higher low....

optionsswing

Semiconductors have been showing relative weakness as the Federal Reserve continues to execute QT. Higher interest rates have contracted stock prices and will most likely contract earnings within the next two quarters. The semiconductor sector is one that traded to what we can consider a bubble during the last two years; the market is no longer "risk on" as we can...

optionsswing

AMD 4H I AMD was rejected right near its downtrend on the daily. And we now have a bear flag formation on AMD. Support near $92 and $82 if the flag is broken. TSLA 4H I TSLA has been trending down on the hourly ever since the beginning of April. We have resistance near $710 and $725. Support near $625 if $685 doesn't hold. MSTR 2H I MSTR is breaking down from a...

optionsswing

DBX 1D I DBX is breaking out from a possible bull flag on the daily after rumors that it was approached a month ago in attempts to be acquired by another company. LIT 1D I Energy stocks and lithium stocks in general have been overperforming the market for the past two weeks. Watching for a breakout from this downtrend. AMD 1D I AMD is forming a possible bear...

optionsswing

ET 1W I ET has been consolidating above $11.50 for some time. We have bullish unusual options activity betting on a retest of $12 by 10/21. Reports earnings on 08/02! LIT 1D I Energy stocks and lithium stocks in general have been overperforming the market for the past two weeks. Watching for a breakout from this downtrend. CIEN 4H I Bullish unusual activity...

optionsswing

UNH 4H I UNH is forming a bull flag pattern and might be breaking out above $490. There has been unusual options activity betting on a breakout to $500 by June. ANTM 4H I ANTM is forming a bull flag on the daily and the 4 hour time frame. Looks great on a break above $500. Healthcare overall outperformed the market last week. SPY 1W I QQQ broke down lower as...

optionsswing

AAPL 1W I Last week we got a new low on AAPL. It is barely holding the uptrend on the monthly chart. Bearish below $150, bullish as long as the uptrend is held. AMD 1M I AMD is attempting to reclaim $100. The semiconductor industry is in a bear market, and unless AMD breaks from the downtrend we'll see more downside. QQQ 1D I QQQ managed to print a new low last...

optionsswing

AAPL 1M I AAPL is barely holding the uptrend on the monthly chart. It looks bearish below $150. AAPL moved lower last week after reporting earnings. FB 1M I FB managed to hold the uptrend on the monthly chart after it beat earnings last week. $170 seems like a strong support level while $220 is resistance. QQQ 1D I QQQ is testing March lows as the overall tech...

optionsswing

CCJ 1D I CCJ has been showing relative strength as we have ongoing wars with major superpowers involved. And also WSJ news pointing to China's fast nuclear buildup. MDU 1D I Engages in the provision of natural resources products. Our bots picked up unusual options activity on MDU $30c 07/12! MDU has shown relative strength. AMD 1D I AMD has been defending the...

optionsswing

Freeport Morgan is a company that mines for Copper.- Copper miners are poised to benefit the most from the mismatch between mine supply and demand over the next decade, Jefferies says. The market is valuing these companies based on the assumption that we are now at a cyclical peak, but the bank believes that we are in the early stages of a structural bull market,...

optionsswing Updated 

Vale is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale is the largest producer of iron ore and nickel in the world. (Yahoo Finance) Commodities have been running hot this year due to inflation reports and geopolitical tensions; Nickel alone moved over 600% in a week but has since then...

optionsswing

AAPL 1D I AAPL made higher highs 11 sessions in a row! To finally pull back by the end of the week. We have support near $172 and we have a hammer on the daily. MDU 1D I Engages in the provision of natural resources products. Our bots picked up unusual options activity on MDU $30c 07/12! MDU has shown relative strength. QQQ 1D I QQQ retraced towards the end of...