sushi_money

sushi_money

Put/Call ratio of .433, at long term trend, $150.8 million buy at close, 90% of the big money(banks, institutions) is buying, very bullish stock with nice earnings estimates. Due for wave up. Bought Calls with July 9th Expiration

sushi_money

Dollar has just broke the 94.26 res level. So long as it holds this level it will continue to the next @ 95.17, indices will suffer on a long green candle... If dollar is rejected then indices will carry on. Though the correlation b/w the dollar and equities is not perfect, large moves are typically negatively correlated.

sushi_money

Correction

sushi_money

bullish stock, +45% in 2017, doubled since nov., recently agreed to a settlement in lawsuit where vrx paid 96.25m and pershing square paid 193.75m(33% and 66% respectively). This settlement is the cause for the recent pullback. looking to break res level soon. fundamentally sound since new CEO has taken control. new fda approval for acne drug = bullish

sushi_money

bullish, but could draw back lower into the trend before further up. buying puts at top of trend after confirmation. vice versa

sushi_money

Looks overbought based on CCI, rejected at the green line, might make a push to res at 270 due to the Trump rally the markets are experiencing

sushi_money

Long term wedge has been violated where the arrows are showing it's weakness Watching that smaller wedge we are in right now

sushi_money

Lets see what she does, tight stops

sushi_money

Let it test, then see ride the rally or the way down

sushi_money

CHK has been following a 'megaphone' pattern, should make a push to 7 if oil stops going down

sushi_money

Buying Puts, mid November expiry

sushi_money

Historically, a selloff occurs right after dividends are collected. Prime example would be last time. Price gapped up after a good earnings report but investors realized it was over bought and buried it after they made money on dividends. As well as the bearish head & shoulders

sushi_money Updated 

In July 2015 VXX broke out of a curving downtrend for a great return in about a week. Now this past week it is continuing to replicate the same pattern held in 2015. My thoughts are that it will drop to $12.80 and then spike to a possible $26.00 if it follows the downtrend drawn.

sushi_money Updated 

DAL has just dropped 20% in 2016 and is expected to rise as much as 79% in the next year. It is already going back up. And according to the resistance level drawn, it is very likely to repeat itself as it had in 2015. Check out the analysts outlook www.marketwatch.com