StevenBrooks

StevenBrooks

What a perfect chart pattern! The sell off from the nose bleed levels of $500 plus was astounding. This is a classic technical and fundamental analysis of a company that became incredibly overvalued and massively overbought. This looks like half of the stocks that have been corrected over the past 6 months. As the market correction continues we could see ZOOM...

StevenBrooks

Posting my opinion on my swing trade over the next 2 months. I feel the markets will make aggressive all time highs into Feb/March. I have already begun building my long position on the recent sell off in the markets. I will continue to add to my long trade if the sell off continues deeper. I am using SPY call options. GTLA.

StevenBrooks Updated 

I love Charts like this. Virtually all Investors have given up on this stock. A very Low Float Stock and High Short Interest. We all know what can happen. GLTA!!

StevenBrooks Updated 

After the recent Earnings announcement I am going Long for a breakout trade. Let's see what happens. :)

StevenBrooks

Looks like TSLA is ready for a quick bounce. Looking for 50 plus points on the bounce.

StevenBrooks Updated 

Looking for a nice pullback starting this week: I would anticipate a nice 10% Correction from current levels. Of course, we could always have a higher high spike from here, but I believe the markets are overdue for a necessary correction. I am already short and will cover my position near the 3550 to 3600 Zone. Will re-evaluate at that point. I have IWM, SPX,...

StevenBrooks Updated 

Price Action Precision on the SPX is unfolding right before our eyes. Gotta Love how structured this market is. The important Line/Zone is 3225 to 3200. If that level is breached I would say the bears will have full control. If the bulls can hold this line/zone then its back to the races with 3500 as the first bounce target.

StevenBrooks Updated 

The Infamous Double Top. I am shorting this due to the High Probability Nature of this pattern. It is part of my trade plan to short Double Tops.

StevenBrooks Updated 

Buying March20 exp Call Options: $16 Strike Price at 1.40

StevenBrooks Updated 

Opening a Short Trade on TSLA prior to earnings announcement. Overall Trend is very bullish however, I feel TSLA needs a healthy pullback in the short term. I am opening both TSLA Puts and TSLA Call Credit Spreads. Buying Feb 20 500 Puts and Selling the Feb 20 500/502.50 CCS at 2.20

StevenBrooks Updated 

Looking for a nice Short position from the Retrace Zone.

StevenBrooks

Triple Top on Weekly Chart! If this breakouts with any strength this should be a very nice trade. Wait for breakout, then buy the retest of the breakout level. Overall 1st Target will be 180 zone Overall 2nd Target will be 200 zone

StevenBrooks

Current Market sentiment is still bullish.... the recent retracement off the recent All Time High was a welcome relief. The pullback we are seeing was necessary. I am long from the 2810/2820 zone and looking for price to push higher into Friday (Feb 2). My overall target is 2870 into Friday, Feb 2. I don't think this is the beginning of the correction. I...