Calls
Party City at PCZ of Bullish SharkWe have a Bunch of MACD Bullish Divergence att the PCZ of a Bullish Shark looking to Square-Up the Range and potentially make a 500% Move to the Upside.
As for stops i honestly cant think of an area that would be suitable to put a stop due to the lack of support zones to base the trade off of so what i am going to do is buy some call optionss expiring in tthe next few months around a strike of 2 dollars and just hold them until they either go up or until Mid-December.
22/08/2022 - $SPY Call SetupVery clear falling wedge (lower highs, lower lows.) What's interesting about this setup is we are nearing a gap fill from August 11th, the highlighted green zone. At the top of this zone is a blue dashed line. This happens to not only be a likely support from Aug 12, but is also a possible support on a 50% retracement. My trade, depending on how Monday opens, is to look for calls on the Wedge's support line and in the purple zone given high volume; the expectation is the the price will break up out of the walling wedge. If we fly through the green gap-zone, ill be looking at the lime-green dashed line, which is also a support from August 11th lows. My planned exits are the red dashed lines, which coincide with supply zones and Fibonacci lines (0.618, 0.5, 0.382).
$70 Price Target on HOOD by JAN 2024 if Robinhood is able to be profitable in 2023- Investors will come in - Buying the Jan 2024 60 Call at ask and selling the 70 strike against it would be a $10 debit with a possible $990 max profit at expiration if I'm right. $100 risk owning 10 spreads could be worth $9.9k at expiration (Jan 2024) - $1k risk -> $99K. Anything is possible
SPY Option Setup 4/15 - 4/19The market seems to be heading back into a bullish direction. Im looking for SPY to break $429, if this happens I will enter a Call and will be looking to take profit towards $437. If SPY doesnt break $429 and instead creates new resistance then I will be looking to see if SPY goes back into the $420 - $424 zone. If SPY enters that zone and breaks the $421 support then I will be looking to enter in a Put. If entered in the Put I would look to take profit around $412 - $415. Overall my biased is Long, I'm thinking Bulls are going to continue to take over the market and Calls will be in favor.
$DXY update, $UUP-RSI inverse H&S formation, looks to be gaining strength and passing test at 50 RSI
-Downward trend (orange trendlines) was broken. Now DXY is trading in a parallel channel (white borderlines, gray centerline) and has been bouncing off the bottom like a pinball and then hanging around the midway point of the channel consistently.
-MACD is curling up and crossing.
-US economy is stronger than ever. Tapering and rate hikes are typically bullish for the dollar and tend to make it more appealing, hence stronger
-Targeting 97 or so for a medium-term target, back towards a 100 in the long-run
-This of course could be a headwind for emerging markets if it plays out
One way to play this if you don't have a forex trading account is to use the ETF UUP. Full disclosure, I am in UUP calls but you can also just buy the ETF outright if you prefer that.
PLTR looks cheap AF IMO I have been watching for the last year and I think it's time to start buying PLTR for the long term, 24 bucks is what I think it's worth at least...
VRM Vroom Option Calls to Buy ahead of EarningsVRM earnings after the bell!
Looking at the VRM Vroom Inc. options chain, i would buy the $3 strike price calls with
2022-9-16 expiration date for about
$0.43 premium.
My ultima price target is for VRM to fill the gap at $4.5 - $5.13!
I`m extremely bullish on Vroom.
Looking forward to read your opinion about it.
Current Google Analysis (BULLISH) google has been rejecting around 118 the past week but we have consolidated right below this mark, the bulls have been battling the bears we have stayed our ground and will easily push past this Resistance! With Spy dropping last friday we still managed to hold our ground, This will be an interesting week at that! This is not financial Advice but an opinion formed around being optimistic.
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 65% chance Bitcoin will rise from our current entry point.
📈 LONG BTC - Entry Price : $22,820 📈
💵 Expected Range of trade: we are expecting BTC to hit a $250 scalp, with a high end of $400, and a minimum expectation of $150.
🕰️ Duration of trade: we are expecting this to occur within 3 hours of this signal, with a maximum duration of 6.5 hours .
DAL options ahead of earnings If you haven`t bought the previews bull run:
then ahead of earnings I would buy the following Delta Air Lines, Inc. (DAL) calls:
2022-7-15 expiration date
$29.44 entry price approximatively
$31.5 strike price
$0.37 premium/share
Looking forward to read your opinion about it.
Part II Of SPY Review From June 9th Through June 17thSPY filled the GAP between 383-389 then retraced after the last sell climax on Jun 17th.
Traders should have gotten prepped for a long position.
Once prices entered an accumulation range, that was a signal to get long.
On June 27th the 1st GAP was filled.