Week of 03/22/2021

By iamtez -

Welcome back everyone. Hope you had a great weekend.

 

Last week’s rotation out of technology/growth stocks has left many charts broken. I think we will see pretty good volatility for next couple weeks. So be nimble and do not get married to any positions.

 

Below are stocks that look good to me for UP move.

 

BABA Apr 01, 2021 250c

Chart looks nice and about to form HIS. If 241 breaks 250 could come very quickly.

DKNG Apr 01, 2021 75c

About to go into breakout mode and with March madness this could run to 80 very quickly.

HSBC Apr 16, 2021 30c

Chart looks good and a move 31 and beyond seems very likely in next couple weeks.

QS Mar 26, 2021 65c

Chart still looks good and a test to 70 seems likely in near future.

RH Mar 26, 2021 600c

Chart very strong and about to go into breakout mode. With earnings this week, this could really rocket up.

SPCE Mar 26, 2021 35c

Chart looking good and a move to 35.8 seems likely this week.

SSYS Apr 16, 2021 30c

Chart looking good and a move to 30 should happen soon.

 

ALWAYS REMEMBER TO USE STOPS AS PER YOUR APPETITE TO HANDLE LOSSES.

 

Disclaimer: The views and opinions expressed here are my own. Before taking any financial decisions based on these, please do your own due diligence.

Comments

Post a Comment

Popular posts from this blog

Week of 02/16/2021

By iamtez -
  Welcome back everyone. Hope you had a great long weekend.   Last couple weeks have been really good and lot of stocks have moved considerably. While lot of growth stocks seem to be near over bought territory, there are still many good setups. I think there will be some rotation for next couple of weeks. Another important thing to remember is we have a short trading week so weekly option premiums will drain more quickly. Size your short term trade accordingly.   Below are stocks that look good to me for UP move.   AMD Feb 26, 2021 95c Chart looks strong and a move to 98 seems likely by this week. AMGN Feb 19, 2021 240c Very oversold and a high likelihood for a move back to 245 this week. BIIB Feb 26, 2021 295c Good looking chart and a move to 288 seems likely this week. LAZR Feb 19, 2021 40c This has very good setup and a move to 39.9 i
Read more

Week of 04/12/2021

By iamtez -
Welcome back everyone. Hope you had a great weekend.   Last week was really good for big cap stocks. Some of the growth stocks also exploded to the upside. Earnings season kicks off this week with bunch of banks reporting. Financial stocks are setup very nicely so there is a good chance we see money flow back into them this week.   Below are stocks that look good to me for UP move.   GS Apr 16, 2021 340c Chart starting to turn up and with earnings this week, we could see a nice upside move. First target is 341 followed by 352. MA Apr 16, 2021 385c Strong chart and a test of ATH seems likely before earnings next week. MDB Apr 16, 2021 305c Another good looking chart and a break of 300 could see this move towards 50dma (344) MRNA Apr 16, 2021 145c Good looking chart, a move to 152 seems very likely. PANW Apr 16, 2021 355c Str
Read more

Review Week 01/11/2021 - 01/15/2021

By iamtez -
   What an amazing week of trading. It was even better than last week, probably the best I have had in a long time. Every single entry did amazing.   Let’s review the watchlist.   DM Feb 19, 2021 25c Gave perfect entry on Monday and reached almost 25 this week itself causing these calls go to be up 100% . DOCU Jan 15, 2021 245c Nice entry when this was around 243 on Monday. It eventually reached 263 by Tuesday. These calls were up from 2.5 to 2K so almost 900% . FUBO Feb 19, 2021 30c Got a nice entry when this around 27 on Monday. These calls were around 3. Then this exploded to 38 on Wednesday morning and these calls were upto 13 so a gain of over 300% . NET Feb 19, 2021 85c Gave a nice entry around 78 on Monday. These calls were 3.5. Eventually this went to over 84 on Thursday and these calls were at 9 so almost 1
Read more