UnknownUnicorn7308096

UnknownUnicorn7308096

I was trading yesterday and thankfully someone asked me about $KO. Although I was dismissive initially as $KO has a small variance, I quickly changed views after I looked at the chart. $KO is making yet another try to push through the $50 level -it's tried twice before, perhaps third time is the charm. This is one of those setups that seems too obvious to me....

UnknownUnicorn7308096 Updated 

Boeing has been one of the many COVID-hit stocks that has seriously underperformed in this rally, after all it’s still below the 50% retracement line from 2020 highs-to-lows. While BA fundamentally may not be in the clear, technically it is displaying some signals that may be an opportunity worth taking the risk on. The Charts 1D Chart with 50, 100day, & 200day...

UnknownUnicorn7308096 Updated 

I am always hesitant to post on things I am in love with -AMZN MSFT NVDA AMD CRWD OKTA, etc; I have really nothing to offer but bullishness! Only when a setup on these is strong enough do I actually post (AMD for example, didn't post AMZN - seems like everyone on TV was already). Generally I am always in a rush to share something that I don't have a bias on as I...

UnknownUnicorn7308096 Updated 

I tried posting on this before so will have to double down as the stock has moved against me since then. I may have confirmation bias on $WORK but $WORK is my favorite LEAPS play here. $WORK is breaking out of a channel after a double bottom below $28. Daily squeeze momentum is up & just beginning to flip over 0 line. I may have mentioned this once or twice (or a...

UnknownUnicorn7308096 Updated 

Not going to type a paragraph on this one. $NFLX hugging channel support as it grinds higher. Breakout yesterday was rejected a bit today but pattern is still in play - channel is holding. Looking for $NFLX to continue respecting channel & for daily squeeze momentum to continue up and then release. Should make for a nice move if/when it releases.

UnknownUnicorn7308096 Updated 

My first overview of a narrative driven trade that is likewise seeing strong bottoming in technicals. Let's start with the narrative and get all excited before we get into what actually matters, the only truth - price action. ONVO is a microcap. While I have found myself trading smallcaps/microcaps recently, I honestly did not think I would be writing about them...

UnknownUnicorn7308096 Updated 

Looking at some travel & leisure related names -MAR HLT BKNG CZR- and like the way this $EXPE chart looks. Have a 3 month consolidation in channel with a triangle forming at the end. Looking for us to hold $91 this week to fill the gap at $92 and potentially push higher. If we retest $90 or $90.50 and hold could be a great place to enter into 9/18 $95 calls. If we...

UnknownUnicorn7308096 Updated 

Highlight Trade of the Week: Two of the three largest companies -$MSFT $AMZN- have been consolidating for a month in bullish continuation pennants . Both companies have a strong fundamental narrative over the next 5+ years, this is fairly indisputable. Seems like it would be the easiest call to make to say that $AMZN & $MSFT should breakout here & continue to...

UnknownUnicorn7308096 Updated 

$BLDP is looking to fill a gap up to $18 after a double bottom around $14. $BLDP is a fuel cell stock with peer stocks $PLUG $BE $FCEL; I am long the group of these stocks and want to highlight $BLDP here. Especially interesting with $BLDP is the daily TTM Squeeze momentum turning positive after a large selloff & subsequently negative momentum; I am looking for...

UnknownUnicorn7308096 Updated 

$CRSP has formed a perfect consolidation channel between $86 & $97. The daily squeeze momentum is turning positive after this 6 week consolidation and looks ready to make a move to new highs, potentially above $100 to $120. Long $CRSP and other gene editing stocks like $EDIT $TWST $NVTA $NTLA $CLLS which have very similar setups/positive momentum. Buy the 9/18...

UnknownUnicorn7308096 Updated 

$MLM forming an ascending triangle & is in a squeeze on the daily chart with momentum turning up. $MLM is a public construction company & is moving up nicely with peer construction material company $SUM & $MTZ. Long all three here into their respective triangles. Looking for breakout & daily squeeze to release by end of September as per trend support line.

UnknownUnicorn7308096 Updated 

TECK is setting up for a nice long here as it trends up into monthly support trend line. Looking for more consolidation before breakout - colored broken arrows represent two possible paths - but looking for breakout nonetheless. TECK should make for a nice mid-term swing trade here, 77delta Sept18 $10c provides a nice risk reward to current share price if we get...

UnknownUnicorn7308096 Updated 

Wow I seem to be bearish for a self-admitted bull! $AAPL displaying topping action above channel, gaps below, looking for support at $425 if I get my move.

UnknownUnicorn7308096 Updated 

$DXY forming a nice double bottom. Potentially forming rising wedge or upward channel. Let's see but strong double bottom is formed. Looking for breakout above $93.70 & then to $94 which is essentially neck-line of double bottom. Above $94 and we pressure the downward channel formed on the way down before nose-dive at the end which may come into play again....

UnknownUnicorn7308096 Updated 

$WORK was forming something of an ascending triangle mid-July before it was knocked down by the market and then news that it was suing MSFT. WORK has been a real battleground stock that I am long term bullish on. Here I want to buy work below $31 as that has been the accumulation zone for me. I am going long WORK 2022 $30-$40 calls as well as stock and put...

UnknownUnicorn7308096

$OUT is an outdoor REIT ad company (billboards) that seems to have formed a bullish inverted H&S after retesting & bouncing off 61.8% retracement from June highs or $12.50. I am looking for OUT to push up to the 50% retracement line of overall 2020 selloff at $19.25, providing $4 of upside on a $15.35 stock or 26% upside. December $17.50 calls had a large volume...

UnknownUnicorn7308096

$DDOG shares are down after reporting a great quarter and I feel this is an opportune time to buy the dip. I see max pain being the gap down to $60 however there is a gap that leads us back to nearly $50. A couple more things on $DDOG and software... In general I've seen software exuberance work generally in waves. People buy into buying, happened on ZM IPO,...

UnknownUnicorn7308096

$TWOU is down on a share offering. I'm a buyer as it's holding the $42 flat line; looking for bounce back into channel with gap to fill from pullback.