AAPL EARNINGS coming up at the end of this month. TA looks good to make a call assuming we can continue to run up to the 1.0 fib extension line. Entered at roughly $415 for a contract IV @ 34.72% ($245 strike price - naked call) RSI looks strong, we are overbought right now and can continue to see this rally upward slightly before earnings sets the real direction...
ROKU broke below 9MA and 26MA (~$91) and we have a bearish cross on 1HR MACD + ADX has crossed bearish finally as well Seems like a good opportunity to buy some puts on ROKU with a stoploss near $91 (If we close above the 26MA on the 1HR) - If not, we should be looking at larger timeframes Still waiting for a stronger confirmation on the 4HR MACD to cross...
Wondering what everyone thinks. Chart looks pretty good, finally broke resistance (green trend line) Currently facing resistance at the 0.382 fib extension line (roughly $72.88) - Historically, seems like SQ is a big fan of this fib level (Take a look at how price reacts every time it touches 0.382 fib extension + 38.2 retracement - Seems like a last kiss set...
This is currently how I believe ROKU is moving, following an elliott wave pattern but is currently stuck below the 0.786 fib(extension from start of wave 2 to end of wave 3, to bottom of wave 4.) If $86 is to be the peak, then this should be where wave 5 ends and we should be seeing a retracement in the near future. Eyeing ROKU for a while now, they seem to have...
BTC has been ranging steadily above the $5000 price level ever since we formally broke it on April 7th, 2019. We eventually peaked at $5423(April 10th) before dropping back down to the $5000 level, ending with two volatile wicks on the daily timeframe; one for $4930(April 11), the other $4862(April 12). Then on April 13th, 2019, we have a small red doji...