jeromepower

jeromepower

Hopefully by next week it drops more so I can look into opening a positions in calls. The last run was lucrative.

jeromepower

This is an example of a chart with no apparent pattern. Just have to wait for something to appear.

jeromepower

I have my mind set on BABA 06/18 300 C

jeromepower

Bought to open SNAP 05/21/21 70 C. Potential LDC on 5 min chart.

jeromepower

V and MA are highly correlated.

jeromepower

This looks identical to V. I like to trade this two together, its part of my inter-market analysis.

jeromepower

Tech sector seems to be taking a beating. The usual suspect is the bonds prices going down and subsequently yields going up. We'll have to wait for the outcome of quadruple witching tomorrow.

jeromepower

Fractal on the 15 min signals a potential entry point for me. I like to KISS, keep it super simple.

jeromepower

This is an example of what I like to call an LDC (lower degree correction). It's what I use to determine if a stock is ready for the moon. Fractals are very important to me.

jeromepower

Similar pattern to ARKQ. All the ARK etf are all heading up. ***This does not constitute financial advice.***

jeromepower

This was in a massive correction since September. I think its ready to moon now. Tech looks ripe for the moon. ARKQ should follow. ***This does not constitute financial advice.***

jeromepower

Still waiting for this to drop would have bought puts on the drop but I did not identify a bear flag. Patience is key.

jeromepower

Beautiful patterns, very short bursts, this could be due to high dividend yield. If div yld > 2% I don't buy any options.

jeromepower

Although I didn't identify an LDC on the 5 min, I resorted to using XLV to time an entry. Never rely solely on one chart to make projections get a feel of where the overall market is heading.

jeromepower Updated 

I've gotten better at charting the S & P. I'm starting to recognize the fractal patterns.

jeromepower

I think this one is ready for a big long. I try to stay aways from short term options, I always aim for long term, give your options time.

jeromepower

Rough few weeks for EV, but I think the worst is behind us. Calls on this beauty are too expensive, I'll just have to resort to shares for now.

jeromepower

Pattern recognized: Running flat Elliot Correction Wave. Thesis: Bullish sentiment. Conclusion: Lower degree correction on the 5 min, look for upside. My strategy: MEWT (MODIFIED ELLIOT WAVE THEORY). ***This does not constitute financial advice.***