hyseed

hyseed

Inverse h&s on the daily, successfully retested breakout of trendline resistance and inverted hammer on the daily on Thursday, 2/3. Encountering strong resistance at the 937 levels, so eyeing a breakout over that for a 10 pt move to PT 947, then 988, then psych level 1000.

hyseed

$idea (GOOGL) In a descending channel. Calls above 2930, puts below 2850 for that gap fill play.

hyseed

$MSFT potential inverse H&S here if it holds at the 50% retracement from lows. Calls above 309 or puts below 300 for invalidation of the iH&S.

hyseed

Potential bottom at the 2.0 st dev of pitchfork, but flagging under the 9ema daily. Like most stocks, consolidated in range for the past week. Calls above 160 or TL resistance. Puts if it fails to break out or below 147.

hyseed

Solar has been the weakest industry in $XLK over the last day/week/month. Closed in demand zone, but if it gives up 14.66 should continue to fill the volume gaps below.

hyseed

Closed right above trendline support after double top at 61.45 with a large bearish engulfing hammer on the daily. Puts below 60.13 previous resistance turned support (February 2020 highs)

hyseed

In a demand zone, near the 200d ma at 270. Looking for a bounce around there. Calls above 282 for confirmation of a shift in trend. With $TSM ER beat 2 weeks ago and $INTC/$TXN/$LRCX/$XLNX ER runup this week, could be a catalyst for a bounce at these levels. Inverted hammer not looking so pretty though.

hyseed

Both indices at pretty important areas. SPY 450 big psych level and previous bounce zone, QQQ also at previous resistance turned support, 200MA daily. Both indices are oversold on the RSI daily. The last time the RSI on both have dipped below ~30 was the covid dump back in March 2020. Both pretty overextended from the 9ema daily as well. Expecting a relief...

hyseed

Right at long term resistance, potential triple top. Oversold RSI and overextended from the 9ema daily. Calls over 94.3. Puts below 90.22 or if it fails to break out over 94.3.

hyseed

$JETS at bottom of trendline support. Should retest trendline resistance this week with more airlines reporting this week and next week. Leaning somewhat bullish with more people traveling during the holiday period but with covid restrictions popping back up, might have a not-so-exemplary 1st quarter. Needs to break and hold 22.5/23 to continue higher.

hyseed

Flagging after failing to break out over triple top. Potential head and shoulders could result in a breakdown below 157. Breakout above 160 with bullish engulfing daily candle can set this back on track to retest ATH as a runup for ER and dividends this week.

hyseed

Smacked down off the 9ema daily and continued its descent down after poor Dec retail sales report yesterday. Closed right in demand zone and the 618 extension. Calls over 375, puts below 366.

hyseed

Watching for reaction off double top and 1.0 st dev of pitchfork. Overextended beyond the 9ema daily. Puts if it fails to break 227 or below 221.24. Bullish engulfing hammer daily and displayed good relative strength and rvol on a downtrend day in the indices with ER runup Jan 26 and airlines ER this week and last week as a catalyst. Calls if it breaks 227 with volume.

hyseed

$XLF displaying good relative strength last few sessions with a break out of trendline resistance and good reaction off the 9ema daily retest/resistance turned support confluence. CPI numbers Wednesday and bank earnings starting Friday with $JPM, $C, $WFC followed by $BAC, $MS, $GS among others the week after. Continuation play, calls above 41.3 PT 41.7, 42, 42.3,...

hyseed

$SNAP still trading in the channel. Struggling at the GZ extension but bounced Thursday off trendline support/786 confluence. Puts below 40 PT 39.5, 38.5, 37.5, Calls over 43.5 PT 45.5, 45, 46.5.

hyseed

$COIN getting smacked and hard rejection off trendline resistance, and, more recently, the 9ema daily but still trading in a descending wedge formation. Approaching 618 extension which has confluence with previous lows at 213/214 levels. Puts below 224.50 PT 218, 213, 208, 200 psych level. Calls above 236 PT 240, 244.7, 249.5, 254.

hyseed

$AMZN continuing its drop from highs. Continuation from the H&S idea posted last week. Puts below 3240, PT 3220, 3200, 3175, 3130. Calls above 3270 or bounce off bottom trendline PT 3290, 3300, 3310, 3330.

hyseed

Seasonality for Superbowl season, news of sports betting legalization in NY, and bullish divergence on RSI on daily timeframe. Currently over trendline resistance in AH at 27.88. Long over 28, PT 28.6, 30, 32.6, 34.