$NIO | WEEKLY WATCHLIST 12/27$NIO 1W
Although tempting, I believe I'll hold off this week on an entry. Really want to see reaction in my $25 range first before any LEAP options. Worth noting a weekly hammer candle though.
Calls
$MAR | WEEKLY WATCHLIST 12/27$MAR 1W
Safe to say I nailed this one. I'm still long LEAP options since $148 and looking for my targets of $175 and $200 to be realized into 2022.
$FB | WEEKLY WATCHLIST 12/27$FB 1D
Setup reminds me of $AAPL. Stopped at the reverse gp and has room for 1 more leg down to conclude a significant corrective phase. Huge buying opportunity there. A move over $345 invalidates my thesis.
$AMD | WEEKLY WATCHLIST 12/27$AMD 1D
Made a new local high last week, further confirming my bull thesis. Now, looking for a small pullback into the mid-high $130s for a buying opportunity to $159.
$AAPL | WEEKLY WATCHLIST 12/27$AAPL 1D
Paused last week at the reverse gp. Potential local tops here at $177 or $179 for a final wave C down to complete wave 4. A new ATH would invalidate this thesis.
Fiverr Weekly setup$FVRR I have my eyes set on this for the longer term. Not interested in short term noise. Small cap company I personally believe in.
Looks like a giant falling wedge on the weekly timeframe currently into demand. I may think about starting a leap position here.
I’m not sure when but when this baby decides to reverse look at all that reward to the topside.
BNGO DBD or DBR? $BNGO I like. Look for be building a base after a big drop. Looking for the DBD or DBR. Nice pattern here.
Long over break and hold of top trend line/ Pivot at $3.41
Short below 3.16
Until $3.41 breaks I will only be watching this. Big target still remains $4. Patience will pay here.
Keep in mind we are sitting at a weekly support level so I expect a big move to either side whichever comes first. Hopefully we can see this play out within the next few days.
WMT Ascending Triangle tradeMassive ascending triangle forming. You don't want to miss out on this one
I would wait for a few more days to see if it is following the pattern. If it stays in the pattern until mid-late January, it will breakout hard to at least $150 if not even higher.
Just keep watching the chart. Don't act on emotions, don't act recklessly, don't be rash. I am personally going to buy calls if the pattern holds until Jan 20.
This is not financial advice, I am not an investment advisor, these are just patterns I see.
$ROKU | WEEKLY WATCHLIST 12/20$ROKU 1D
Pretty nice chart showing more upside potential to come. As long as lows hold and market strength resumes, we can see Roku test the $270-316 region before any significant pullback.
$PYPL | WEEKLY WATCHLIST 12/20$PYPL 1D
Still tons of indecision and very unclear chart imo. Is THE bottom in? Maybe. Is there another leg down? Maybe. I expect lots of chop to build out a base at the very least. Be patient with this name and wait for some clarity.
$NIO | WEEKLY WATCHLIST 12/20$NIO 1D
Still not interested in anything long yet. Waiting for atleast $24-26 region to get tested first. No rush here.
$MU | WEEKLY WATCHLIST 12/20$MU 1W
Nothing new here. I like other semis better, they have better opportunity imo. Still expecting a pullback on this one.
$LCID | WEEKLY WATCHLIST 12/20$LCID 1D
Seen quite a few counts from others pointing towards more down. However, I want to provide a slightly more bullish look. **IF** lows hold from here, we may have put in a sub wave 2 and retesting $46 then $52.
$FSLY | WEEKLY WATCHLIST 12/20$FSLY 1D
Strong move on Friday. If lows hold, we can see continuation higher to my wave 3 target of around $50. A daily close over $41.75 will give me conviction for a swing.
$FB | WEEKLY WATCHLIST 12/20$FB 1D
Beautiful weekly falling wedge. Expecting a slight dip into my buy zone before absolutely taking off.
$BABA | WEEKLY WATCHLIST 12/20$BABA 1D
One of my favorites going into the week. Beautiful base building with clean diagonal resistance. Break above + retest would interest me into monthly call swing position.
$AMD | WEEKLY WATCHLIST 12/20$AMD 1D
Lots of charts look like this. Holding wave 2 fib support. As long as these levels hold, looks like a btfd opportunity. HEAVILY depends on how overall markets react.
$AAPL | WEEKLY WATCHLIST 12/20$AAPL 1W
Weekly MACD cooling off after breaking out. Looks like we are in the middle of a wave 4 correction. Expecting a relief bounce this week to $176-179 region before another dip.
BAC Possible PivotWedge apex is coming to a close soon on BAC, time frame seems to be putting the break around tuesday open but any whale could pull it through Monday, keep an eye on this as these contracts move HARD
$BABA | 12/13-12/17 | Watchlist #5 $BABA +126
(Over $126 for calls)
Technical analysis: Bull flag breakout
News catalyst: "Alibaba Group Holding Limited (NYSE:BABA) hosts a two-day virtual Investor Day event with senior management scheduled to give talks. BABA has traded with extra volatility the day of and day after prior investor days."
$LOW | 12/13-12/17 | Watchlist #4 $LOW $260 bounce
(Bounce off 260 for calls)
Technical analysis: Bull flag breakout on the hourly chart
News catalyst: "Lowe's holds a Financial Outlook event. The home improvement retailer is expected to focus some of its commentary on operating margin opportunities. Expect some analysis following the event on whether or not Lowe's can close the margin gap with Home Depot (NYSE:HD). Shares of Lowe's jumped 6% last year after the event featured some strong guidance." - Seeking Alpha
$RTY | WEEKLY WATCHLIST 12/13$RTY $IWM 1D
We stayed patient and got the exact pullback we were looking for. Now, we must hold $2170-2200. If we do, targeting wave 3 high of $2365 immediately.
$ROKU | WEEKLY WATCHLIST 12/13$ROKU 1D
I think we may have seen or atleast close to THE bottom. Watch for $211-220 region hold support for the next leg up. As long as we hold, we may see $300+ sooner than you think.
