Get started

Calls

IWM Bullish LongIWM is an Exchange Traded Fund (ETF) which follows the Russell 2000 Small Cap Stock Index. I purchased call options (just regular, no spread) Strike 200 expiring Jan 2022 because I belive IWM has shown consistent bull market uptrend since November, and consistently uses the 10 Day Exponential Moving Average (EMA) as Support. IWM has shown better consistency, in my opinion, than SPY (ETF following S&P 500), and while QQQ (ETF that follows the Nasdaq 100 index) has outperformed most other major indexes in the past few years, IWM's lower prices made it more attractive to me. The growth may be slower than some other indexes; but as my first trading teacher stated, "You don't go broke making money." This may be a boring strategy, but I believe it will still be a profitable one. My stop loss plan is set below the 20 Day EMA. The yellow dotted line is the approximate price per share of stock when I purchased my calls earlier today. I am not certified or licensed by any individual or institution to give financial or investment advice. I consider myself to be an amateur investor and trader.
AMEX:IWMLong
by AROD01
3
SPCE Possible ReversalSPCE showing signs of a possible reversal. Gathering/consolidating support along a previous significant resistance level. Volume has typically tapered lower during downtrend which we currently see. High risk play entering right now, I'd like to see more confirmation first before entering (RSI divergence along lows or break of pinbar printed on 11/30. Heavy eyes on the 1/15/21 $25c and $30c. Volume seems to be focused there. Leave a comment to discuss!!!
NYSE:SPCELong
by NetWorthFocused
2
DHR - Which way is it going?Danaher corporation NYSE:DHR is looking like it wants to break out but it has been caught between the 8 and 21 EMA for about 5 days. We know that price does not stay in a consolidated area forever, but can take its sweet time before it decides to move. Currently, the price for DHR is $225 per share, which is between the upper and lower Bollinger bands. The upper Bollinger band is near $233 while the lower Bollinger band is near $217. The question remains...which way will it go? Backing out to a weekly timeframe, DHR has been in an uptrend and is pulling back to the 8 EMA on the weekly chart. It has seen good support from pullbacks to this area in the past...however as always, past performance does not indicate future results. We simply use the past to get an idea of what could happen and where to set our stops in case it doesn't play out as expected. So based on the weekly chart, we are seeing a strong uptrend showing a pullback, and on the daily chart pictured above, we see that price is consolidating to break out. My guess is that the stock will try to push higher and will try to break above the upper Bollinger band as we head towards the New Year. REMEMBER: Reference to specific securities should not be construed as a recommendation to buy, sell or hold that security. Specific securities are mentioned for educational and informational purposes only. YouCanTrade is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations.
NYSE:DHRLong
by UnknownUnicorn6775423
TMO - Bullish Price ActionTMO has broken through the 8, 13, and 21 daily exponential moving averages in the past few trading sessions. As a leader in laboratory diagnostics and life science sales distribution, it would seem reasonable that the stock may try to push higher as the coronavirus cases continue to grow. Now that the stock has pushed passed the 21 day EMA, there are no foreseeable areas of resistance for the stock and could make its way back up to recent highs nearing $530 per share. I would anticipate a slight pullback towards the 21 day EMA as stock rarely blast higher without some consolidation, but I would say that I am overall bullish on this stock until we reach previous highs. REMEMBER: Reference to specific securities should not be construed as a recommendation to buy, sell or hold that security. Specific securities are mentioned for educational and informational purposes only. YouCanTrade is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations.
NYSE:TMOLong
by UnknownUnicorn6775423
POOL - Pool Corporation Bullish PivotPool Corp is giving off a bullish pivot signal today as it closed within the Keltner Channel bands. As price action crosses into the Keltner Channel, we'll watch to see if it continues moving across. In this case, the lower Keltner channel was crossed and therefore, could indicate some bullish days ahead. There will be some resistance ahead as POOL will need to plow through the 13 and 21 day EMAs. Let's see what happens. REMEMBER: Reference to specific securities should not be construed as a recommendation to buy, sell or hold that security. Specific securities are mentioned for educational and informational purposes only. YouCanTrade is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations.
NASDAQ:POOLLong
by UnknownUnicorn6775423
DKS Earnings Rebound, Buy 4DEC CALL $54 @$1.50-$1.80Fundamental analysis indicates DKS will continue to perform well under COVID restrictions. In light of vaccine news, DKS has poised itself well with new stores and additional workers to capitalize on increased brick & mortar foot traffic. Sentimental analysis sets the stage for a strong rebound (earnings , new product line , positive post-COVID performance ). Technical analysis shows DKS has been in a 4 week bear run. The RSI shows entering the oversold region (below 30). Wait for a reversal early confirmation of MACD crossover under the 0-line, and final confirmation of 13 SMA crossing over 30 SMA before purchasing long position. Entry price - $49.80 - $51 // $1.5-$1.8 (4 DEC CALL $54 strike) TGT Sale price - $54 (conservative) / $62 (higher risk) // 100% option value ($3) Stop loss - $47.50 (conservative) / 50% of Options price (higher risk) Max position size - 5% of portfolio
NYSE:DKSLong
by MakeMoneyCoESTB2020
2
PUT/CALL RATIO EQUITY MARKET WARNING SIGNALHello, Here I've analyzed the PCCE (Put/Call Ratio Equities) in the monthly time frame. Something extremely concerning is taking place for the coming months. We are close to hitting .45 on the put/call ratio which is in extremely overbought territory. What this means is when we are in this level, all of the buying power in the market is already in the market. We need to blow off steam before we can continue higher. Typically we can expect extreme volatility in the coming months after the ratio gets to this level. I've marked out historic times where price got to this level to add clarity to the chart. We've already sold off 10% in September when we almost touched. Now we are lower and can possibly touch .45 this month, if that does. Cash may gain value. USI:PCCE
USI:PCCEShort
by jakelikesstocks
26
Apple - Bullish Trade before earnings?Two indicators that I use show AAPL is giving off bullish signals just before they report earnings today. Let's sit back and see what happens as they are expected to report earnings today at 4:00PM ET. Stochastics are showing Oversold and have begun crossing over, which is a bullish indication that price could be shifting directions. Secondly, my studies show that we have a pivot point which means that price has crossed above the lower Keltner channel after having been between the lower keltner and Bollinger Bands. Let's see how Apple's stock opens up tomorrow.
NASDAQ:AAPLLong
by UnknownUnicorn6775423
1