


Reallifetrading
Plus#NAILEDIT. This one came easy. It's good practice. Let's see what happens from here, but I will be waiting for a close below support and then short it. ;-)
All roads lead to lower. BIGGEST question is, how much trappage will we get and how large is the retest going to be. Case 2 is MOST likely, followed by 1 then 3. I WANT case 1 to happen. That's where I would make the most and lose the least.
In 08 we closed below and broke the 200 sma on a weekly and then retested. From the lows, the retest was 30%. THIS TIME, % are VERY CLOSE to the exact same. Close enough to watch these levels and look for. a bear trade ;-)
.80 limit. I do not WANT to get called away at $80, so I will protect it. But I'm DEFINITIELY willing to protect it and or / wait until closer to expiration. But this would be a NICE $13 per share increase from here!
BAG HOLDING on this one for sure. But I do believe the bottom is in. IT SHOULD BE. Looking to continually lower my dollar cost average by chipping away. I actually wouldn't mind being called away at $120! Could be a GREAT trade, even if you are new to getting into this stock. I sold the January expiration and got filled at $1.20
I have played WIX before. And this is the stage where I BELIEVE a long term reversal is preparring to build. I like WIX, I use wix, I understand And WIX owes me some money. ;-) Buy low, sell high, I do plan to hedge with options at some point. :_)
Take from the rich, give to the poor. Maybe this is all of our chance on HOOD. Nice bull trend on the short term and intermediate. AT SOME POINT, this company gets bought out. Only question is when.
Slow, steady, boring, dividend company that is acquiring TD Ameritrade and has already bought other small platforms. Is HOOD next? SAMI says yes
I do not WANT to get called away here. So, I will play defense if I have to. However, sold $70 call exiring Nov 25 for $1.00 limit. That's $9 away or about 15%. IF this is a NEW position for you, nice level to play it. 100 sma should act as a small resistance and this is a decent retest gap.
The interesting part here is the 10/20/50 exponential moving averages on the weekly chart have been SO much more bearish THIS time than the prior 2 crashes. You'll notice a better 'bear' trend with them. We crossed below ALL 3 months ago and they haven't re-crossed since (like they did in 08). If we currently get an inside week or a retest without a STRONG...
SMALLLLL BULL Candle closing below the10 ema. V had a retest on the weekly chart. Trend is bearish. BIG breakout of a triangle and closed below the 200 sma on a weekly.
STRONG level here on TSLA. Quarterly numbers come out over the weekend. I'm SURE they will be good. BUT if we gap down on monday (which will be a new day / week / month) the 100 sma on a weekly AND daily will be resistance. The Gap at $250 will be quick to get filled and I expect us to hit $220 by end of October. It's ALL about these 2 large moving averages.
IF this trade does not work, one Real life trader will get a weekend at the MGM on me ;-)
Very fun compression. TSLA IS ONE OF THE FEW STOCKS (large tech stocks) above ALL OF ITS MOVING AVERAGES on ALL time frames. I think a collar is wise because we are buying AT A Resistance and the market is "kind of weak" but = R:R is about 1:3.5 ..
I am / did. I will hedge if we close below and break this support. (We shouldn't. That would just straight up be bad for everyone). But I will protect my self!
Likely will get into a bull put spread soon as well $1.00 limit credit Will only be concerned with a close above $315
Buy low sell high. Seems like others might be doing the same. REALLY intrigued to see if SNAP will make it out of the 80% hole that it's in from the selling.
Buy low, sell high..... Bullish divergence using RSI. REALLY good volume last week, WITH a gap. Definitely an accumulation phase.