SBUX is looking good and ready for breakout soon. Here's a couple things we need to look at: 1. Increasing volume as well as relative volume over 1 (currently at 0.68) 2. A break through of one of our targets listed below 3. Candle close above or below trendlines Levels I am looking at: Calls < 113.58 Puts > 109.69 Follow these guidelines and it will print!
SQ has had a nice run up during the month of June, but showing some heavy volume that needs breaking before continuation. We are red pre-market after a couple gap ups on 2 hr chart. This is expected, as SQ seems to need a healthy pullback to continue pushing towards 255 then 270, my two targets. Expect a downward movement from SQ and look for entry after we have...
On F, we have bounced off the POC (Point of Control) Monday and found our way out of the downtrend channel. No gaps left behind to fill which is also a good sign. We have some support on this run up (green line) which we are following to our target, which is set at 16.00 - heavy volume on the volume profile. I have yet to see some good volume come out of the...
- Continuation to be seen above 215.40 - First target set at POC from Volume Profile @ 228.45
Currently, we are entering a bearish market with multiple high market cap tickers dropping below key price points. CZR is still battling with the POC (Point of Control) on the volume profile 4hr chart. On the daily, we have an inverted hammer candle sitting on two support levels - the POC and support from previous reversals in its uptrend. Name of the game...
DOGE coin has been setting itself up for a breakout since May 6th, which could be coming very soon. What we are looking for is an increase in volume and a push past the downtrend resistance line to break free. Currently holding a position @ 0.311 Stop loss is set at 0.295 If we break to the upside, 1st Target: 0.47 2nd Target: 0.63 This is a play you don't...
Sitting just under support here on SBUX wedge, looking for a move back into the trend or a breakout below. Here are my levels for calls and puts: Calls <114.24 Puts > 110.02 Relative Volume is @ 0.74 right now, we are looking for Rel Vol over 1.00 to confirm an entry. keep this one on your watchlist
BB has dropped below a crucial level of support. Watch this stock for continuation, puts could pay large here Here are the levels we are looking at: Stop loss: 13.38 1st Target: 12.85 2nd Target: 11.60 BB is very volatile and one of the top trending tickers on WSB so be cautious.
We are sitting in a wedge near ATH for MRNA The relative volume of 0.58 confirms the squeeze. Our Entry levels are based off previous candles and volume profile on the 30 min chart. Entry Levels: Calls > 221.55 Puts < 211.24 High chance breakout happens first hour of today, so be ready
The Play everyone is waiting for.. a breakout on TSLA This wedge has been in progress for nearly 6 months now; just a little more patience until we go long. Here are the levels: Entry: 692.07 1st Target: 733.09 2nd Target: 801.45 Leaps are not a bad shout to enter early while we are sitting near support. The goal is to get in before IV crush if you want to...
BABA has been in a downtrend since November 2020. Within this downtrend we have completed the Elliot Wave on the weekly chart. Using volume profile, above 230 is an ideal entry for calls or shares since we have light volume above that level. Price points I am looking at: Entry: 230.09 Target: 263.37 Buying 1/4 size position @ 220 then full position @ 230 would...
We are forming a clear bull flag on 30 min chart on AMC AMC is showing all the signs of a flag, such as gradual decrease in volume, and flat RSI.. indicating a trip to the moon or back to Earth soon. Levels I am looking at: Entry: 60.00 Stop Loss: 51.68 AMC has been very volatile, so I am sitting on my hands as much as I can before one of these levels are put...
After 3 months of downtrending, we finally pushed above the wedge and over the POC (Point of Control) With publicity from WSB and a boom in volume, there is big potential for WKHS to spike to the 20's and higher. A bull flag can be identified on the 30 min chart with the end of Friday leaving us sitting on an important level of support.. which is...
Yesterday may have been a more nerve racking time with TLRY after expecting a huge run up for most people, as we expected TLRY to moon. Here is an explanation for the movement from yesterday. Starting out with the first 15 min of the day, we hit our first target of 22.05 which was a big resistance level according to the volume profile. After fighting to continue...
All meme stocks are beginning to breakout.. maybe TLRY is next? Great set up here. We have the 200MA and the POC (volume profile) giving us support @ 16.50-17.00 Here are the levels we are looking for: Entry (Full Pos) @ 18.75 1st Target @ 22.06 2nd Target @ 24.42 Watch for increasing volume for entry and be patient.
The moment we've been waiting for... after the crypto market drop, we haven't seen a clear run up anywhere from the coins.. DOGE is showing a beautiful squeeze pattern on the 4 hr chart. Very possible breakout occurs today. Look for an increase on volume and watch this thing fly. Here are the levels I'm looking at: Entry: 0.369 First Target: 0.47 Stop Loss:...
On the Daily Chart, we have potential breakout from XPEV. We have broken the resistance from the downtrend and moved above the Point of Control from the Volume Profile. The increasing volume is an additional indicator that XPEV is ready to launch if we stay above this POC. Looking for continuation to our entry price @ 36.84 Targets are set just under the heavy...
UAL looking solid for the next move up soon. Key Levels - Overall Support: 49.74 Potential entry: 54.40