Momentum looks strong as price action is looping up near ATHs. $480 weeklies this week and $500 next week are only about a $1, for potential 20x+ upside.
BIIB's at a support level, but it's also been gapping up significantly every 2-6 quarters for the past few years. Its last gap was exactly a year ago, so it's overdue for a gap up. It's also within a month of earnings, so management is likely keen on pushing for newsworthy developments. I'll be rolling far OTM calls every week until earnings given the upside for...
ACB looks primed for a breakout after breaking it's wedge to the upside, which I believe it will close above today. There's also ~18% short interest which could result in a considerable short squeeze. I believe ACB could run to ~$20 or higher during this run, with much of the run before earnings next week. I picked up March 19th $20 strike calls for <$1 today in...
If BTC follows the exponential three wave bull run it had in 2017, where it'd dip ~2/5 and subsequently run ~2/3 higher than it's last peak, BTC should be topping out around $23.3k (~2/3 above it's last peak of ~$14k - the first peak of this bull run) before a subsequent retracement to $14k (~2/5 drop from a $23.3k peak), and before finally running to ~$39k+ (>=...
TSLA looks ripe for a short squeeze up to $2k-$2.2k next week as shorts continue to cover. I purchased $1,800 strike calls for ~$10, so I hope to profit 20x-40x next week if shorts continue to squeeze and my PT is reached.
KO seems to be attempting it's 4th break above resistance at $50, post-crash. So long as the overall market holds, I believe it breaking above $50 is highly likely this month. If KO does break above $50 while abiding the ascending channel in the chart, I believe KO could reach $55-$60 with a momentum swing within the next 6 weeks. I picked up September 18th $50...
SPY has testes the $323 area multiple times in the past month and recently formed a weekly wedge that sets up for a likely breakout above $323 near close or Monday morning. Since there's almost no resistance resistance from $330-$340, it's likely that SPY have a significant gap up Monday to $330 and perhaps retest it's all time high near $340 by the end of next...
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