MannyTman

MannyTman

I'm playing the bounce off $84.50 with $83 puts for 7/22. closing my position once target of $80 current support is reached. Once we retest $80 I'm buying $81 calls off $80 Support for 2 weeks out

MannyTman

AMD has entered into our resistance zone of $79-$80 and is ready to be shorted. However if AMD closes above $80.50 I'll close my short position $79 and $78 puts for 7/22 :) Key fact to remember is that AMD previously broke out of a broadening formation which it's lower support is acting as it's new resistance

MannyTman

Apple looks to have formed a descending channel and has reached the upper resistance of the channel. I'm shorting Apple with $144 puts two weeks out expiring 7/22/2022.

MannyTman

As excepted Plug closed above it's resistance at $19.06 and is currently pushing towards the upper part of its falling wedge.

MannyTman Updated 

AMD bounced off its long term support of $72 and is current retesting a resistances of $79 if it breaks past this point I expect AMD to reach $82.50 and continue downward. When looking at the daily and 1hr chart you can see that AMD was previously in a broadening wedge formation where it broke it's support of $79-$80 this price action looks to be a retest for a...

MannyTman Updated 

AMD has formed a broadening top formation and has touched support around $80. If AMD is able to hold this region we could retest $90. If it breaks below $80 we could see $74 or lower.

MannyTman

Looking close into PLUG the over all daily pattern is a falling wedge. However, in the hourly time frame there looks to be a Adam and Eve double bottom looking for a break of the neckline at $19.08 on the hourly time frame. If we can't close above this point I'm shorting PLUG. If we close above this point shown as the green line I'm long currently waiting for...

MannyTman

Apple broke out of it's rising channel, retested the $150 region and is now targeting it's previous long term support around $110-$120. We could see a possible bounce in the area if not we'll go lower.