archi_trader

archi_trader

$LIZI has been on fire. 3 green days, I was stalking a short entry around 11:00am but did not get it as it showed strength. For the past 3 days in a row, it's been pushing at market open, I expect same today. Average time to start fading is around 11:00am - 12:00pm, today I am looking at scalping once it hits the premarket high of 20.09 (very strong...

archi_trader

$SIEB on watch today - breaking PMH 28.20 and holding VWAP = Bullish Clear skies above, you'd have to go to Feb and April 1999 to see next resistances at around $35. Trade safe. MCap 114.84M Float 9.27M Insider Own 75.94%

archi_trader

I was thinking last night that if SPY would open below $370, it would have would broken from trading inside the channel and start a possible downtrend. The bounce at the bottom the trendline held, but unless it breaks above $382 within the next week, I think bulls will start taking profits and look for a dip before continuing buying. Market has been strong,...

archi_trader

TESLA starting to retreat, it may be down to $775 area before I would consider going long for the bounce and possible next leg up

archi_trader

First push towards gap fill level of 14.50 area is always good for a short. Currently at 11.6-12 during premarket session. Trapped longs from insider trader news. Unless volume comes back in, target levels below at every 0.50 drop, T1: 14.01, T2: 13.51 etc. Ultimate target would be 11.65, though might not happen intraday. GL Tuesday @archi_trader

archi_trader

$NOVN entered gap area yesterday, did not have enough follow thru. I am thinking a dip towards 1.15 (premarket low) or towards 1.06 to 1.09 (200 DMA) would be the best entry, risking 0.98 stop loss. Price Target is just below gap fill at 1.83, for a 1:4 RR. @architrader

archi_trader

A friend of mine asked me a good point to buy ILMN. Here it is shown in the chart, once it pulls back and hits the trendline. Break of trendline = OUT

archi_trader Updated 

$MRNA is a good mover, presenting a case to buy on the morning panic dip which happens almost (keyword almost) religiously around 10:45-10:55am. Probably 1 out of 5 days, this morning dip buy setup doesn't work, in which case I would just cut the trade short.

archi_trader

GM traders! Hope you had a nice Memorial Day Weekend. $NVAX gapping up +20% this morning, covid-19 vaccine play, phase 1 clinical trial news. 2 ways to play this: 1. look to short at premarket high and top of resistance area before the daily gap up, anywhere between 58.62 (PM high) and 61.50, target price is premarket low around 53 area. Risk 1: Reward 6 2....

archi_trader

There's a lot of hype about KTOV. I don't look into fundamentals (honestly I don't care except for finding out what's happening), though they are catalysts that can make you tons of money, if right. If you are wrong, then well, you can get screwed pretty bad. Currently is hovering around the top of the local resistance area, would be a good area to enter if you...

archi_trader Updated 

IF BSVUSD shows sign of further retracement to 8000 levels, look for BSVUSD head towards 250-230 area. I am looking at going short BSVUSD again once it breaks today's low (support area). IF BTCUSD goes sideways, then stay on the side until the short-term is formed. Let's see how this plan pans out.

archi_trader Updated 

DASHUSD Potential Plays: (1) Wait until heads higher and try to turn daily candle green, 130-140 area. Lots of resistance there. Look to play the reversal with potential breakdown lower. Above 143, if BTCUSD shows strength, abort and switch to Long. Almost impossible for this to happen today, but probabilities are on the short side. (2) Wait until it heads...

archi_trader Updated 

BSVUSD Play: 2 potential plays are developing: (1) Buy on the break of resistance above 340, Sell on the breakdown below 280 (shown in green and red arrows). Targets above and below shown in the chart. Wait for confirmation with BTCUSD chart, always play along. If BTCUSD chart does not follow thru, then scrap plans. (2) Reversal - (shown in blue arrows, my...