DerekD_

DerekD_

@ this point I couldn't give -69 fucks about whether you're bullish or bearish. From now on if anyone says they're one or the other - you're automatically losing your $. There's 0 TA that anyone can give a perspective on that would give a legitimate outcome for the long-term. For the short-term, no, the bull run isn't over (short-term as in, until Monday. Next...

DerekD_ Updated 

Pretty interesting one. $DG most recent drop was in part to earnings, but haven't been over the report to find out details (yet). Beginning of 2018 was easily a great start to the year (as was for... just about every sector) but for dollar general in particular ; accumulation / distribution seeing highest level since 2012 (before plummeting). Even then, recovered...

DerekD_

Friday surprised me. For anyone still bearish long-term, I think there'd be better opportunities. For now, momentum is on the bulls side. To me - exclamation mark would've been my A1 long entry had I been watching. Even now, the setup is too nice to ignore. For anyone setting up to scalp a dip to the short side, I wouldn't expect much action below the 127% ($274)...

DerekD_

Pun intended, but this is easily one of my more scrambled, messy / sloppy posts. Seen this pattern before, just can't tell which is more suitable? Feel free to check out $BIDU or $FDS to copy / paste bar patterns ($FDS is due for new up-side high) while $BIDU is back towards low (but potential to see more up-side, again). My long target would be 223% $137-$138, so...

DerekD_

I was hella intrigued by the chart originally because I knew just right off top of my head it seemed real familiar. Eventually, I saw the same pattern across some tickers, but $BIDU was (one of) the only ones that lined up THIS similar. I originally posted the idea to get short right before earnings, expecting a dip to @ or around $199, before falling farther....

DerekD_

Ima ACTUALLY have to change sides with this one. Typically, fundamentals + news + emotional trading, etc., doesn't blur the scope of a trade for me, but it did with this one. Ultimately, went over the semi-conductor sector as a whole & I'm bullish on a good 75% of the charts, $MU as well (wild how jumping in on a trade can blind your un-bias perspective). So lemme...

DerekD_ Updated 

The thought of $QQQ making the most solid comeback & ATH of all major moving averages is dumb wild. Long A1 target - KATIEEEEEE @ or around $178.75. Although, I definitely see potential with $184.50 @ the 233%. One of my old $DIA ideas I said the setup was my favorite for long positions - I lied. "KATIEEEE" is easily my favorite, just because the leading price...

DerekD_

Not sure how I feel about this one. Little disappointed in myself for chasing puts after break of the china ban news seeing as how it 'could' be a possible dip play but, we'll have to see how people's emotions line up with the Trump / China tariffs come Friday. Island gap up & now back down, so I'm expecting another little bounce back maybe to get a final fill...

DerekD_

SUUUPAAAAA hella fine ass chart. Trying not to get too ahead of myself but - I am for sure lol. Been working on a linear regression scan since, in this market, it's too sketch finding a dip to buy that won't backfire off IV% hikes. Come to (almost) find out how the linear regression curve off some largest % decliners (8 day period) affects the timing of disparity...

DerekD_

Nothing really too technical at all I can get into with this one (not a big fan of hourly charts for LT price action) but, @ this point I couldn't see any other pattern but a wedge up / busted bear 3 drives pattern. Currently @ the re-trace so unless anyone sees a break of $268? I'm not sure where everyone else thinks this is going lol. I've seen this setup a...

DerekD_

Before even the new ATH, I was bearish. Not bearish enough to chase a setup, but bearish enough to let time play itself out & see what OTM puts could be most profitable down the road. Obviously Accum/Distrib been getting stretched towards the downside; money flow @ even lower point than it's been past few -3% (or less) drops. Even after being bearish, I saw a new...

DerekD_ Updated 

Lil neg MFI divergence but so far, but key is the higher lows. Could see some profit taking / selling on weakness $YY + a dip @ / around $103. Been keeping this one on watch for a little bit, but just now taking the setup to terms. Mid/long-term definitely has potential to see 200% ($131.50 - $132) as long as trend continues making higher lows. Regardless, that...

DerekD_ Updated 

Nice lil descending triangle forming. Pretty tight resistance, almost makes it look like a wedge so I wouldn't be too quick to jump on some puts. Potential a bull trap if we see a breakout around / above $52.50. MFI in that parallel channel so we should see a next move coming soon. Healthy looking dip for the most part; most ideal short entry for bears would be if...

DerekD_ Updated 

Daily chart doesn't show & tell as much as 4Hourly does. Neg MFI divergence to compliment a break of 20 EMA + bearish 20 crossover of 55MA (low). Candle pattern towards top is like de ja vu all the way back to late Jan. OPEC meeting coming up so I'm sure that'll add to a temporary panic sell, but OPEC potentially planning to increase production so depending on the...

DerekD_

Bullish candle set up with on oversold (Black) RSI. Moves to be made for sure but, don't waste theta for the temporary bounce before a potential bottom. Expecting a lot sooner than later for this to see $160 before sitting back @ $175 again. Peep any intra-day (Minute) duration & you'll be able to diverge where the money flow (28 interval) is @ relative to RSI....

DerekD_ Updated 

EPS Consensus - $2.14 Revs - $339.71M Definitely wana jump into some puts, but I was wrong enough with $TSLA lol. 38M float w/ 7% short interest makes it looks like a short squeeze, but the 92% institutional ownership just reminds me of $DQ, $FSLR, $CMD, $NKTR, etc., UuuugUUuGuee earnings drops. I was wrong enough on my $TSLA chart, but I'll let this one play...

DerekD_

Was on earnings watch, now just on breakdown watch. Hella steam to the up-side, but compared to the volatility it sees on the downside after being overbought is just, wow. Wana give this one a little time - just because I think the move down could be more significant once touching that 789WMA. OTM puts with some time could easily be a lotto play. Break of 3yr WMA...

DerekD_ Updated 

Price action is a bit too choppy to get excited over, but I think the 223% upside has potential before possible breakdown.