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Showing posts from April, 2021

Week of 04/26/2021

Welcome back everyone. Hope you had a great weekend.   Last week was a pretty volatile week as expected but due to the nice move we had on Friday, lot of charts are starting to turn up. We have some huge technology earnings this week so lot of movements will be around that too.   Below are stocks that look good to me for UP move.   ABNB Apr 30, 2021 180c Chart starting to turn up and a move back near 185 seems likely this week. DKNG Apr 30, 2021 60c Chart looking good. Test back to 50dma seems likely soon. EXPE Apr 30, 2021 180c Very nice chart. Move back to 185 should happen soon. JMIA Apr 30, 2021 35c Chart looking good and this could benefit from Amazon earnings. OZON May 21, 2021 70c Chart looking strong and another one that could benefit from Amazon earnings. TTD Apr 30, 2021 775c

Review Week 04/19/2021 - 04/23/2021

We had a pretty good week. Even though markets were volatile just as I had mentioned in my comments last weekend, most of the plays mentioned did really well.   Position Entry Exit G/L % Comment AMD Apr 23, 2021 85c 60 0 100 Started pretty well but was not able to break through. Since I had got this for cheap I decided to hold until end of the week. Even though Friday was strong, it was not good enough. I still think this goes to 90+ soon though. BYND Apr 23, 2021 140c 150 75 50 Gapped up on Monday so waited until it pulled back under 135. It did show some signs of life on Thursday but got stopped out on Thursday. GS Apr 23, 2021 350c 80 200 150 Got really nice entry on Monday around 338. It went over 344 pretty fast so decided to take profits. NVAX Apr 23,

Week of 04/19/2021

Welcome back everyone. Hope you had a great weekend.   Last week was amazing follow through in lot of stocks. Banks had great earnings and that bodes well for growth earnings too. However number of stocks having good setup has definitely gone down dramatically. I believe we might have some sideways movement for week or two with more movement for stocks with earnings only. It is better to lighten up this week as we should get better entry in 1-2 weeks.   Below are stocks that look good to me for UP move.   AMD Apr 23, 2021 85c Chart looks good and a pre-earnings run up is likely to happen this week. BYND Apr 23, 2021 140c Chart looking good and a test to 50dma and 200dma near 144 seems likely in short term. GS Apr 23, 2021 350c Really nice run last week with good earnings. Chart still very strong and a test to ATH near 352 seems likely. NVAX Apr 23, 2021 240c

Review Week 04/12/2021 - 04/16/2021

If last week was the best one, this week was even better. Every single play was great. Hope you followed and enjoyed the gains.   Position Entry Exit G/L % Comment GS Apr 16, 2021 340c 300 1200 300 Got in around 330 on Monday. As expected earnings were really great and this one went to almost 345 on Tuesday. It was strong all week. MA Apr 16, 2021 385c 120 400 233 Got in around 378 on Monday. Needed some patience but Thursday and Friday were really great. MDB Apr 16, 2021 305c 300 2000 567 Got really good entry under 300 on Monday. By Wednesday it was very close to 325. I thought it could go to 330 but then pulled back a little. MRNA Apr 16, 2021 145c 170 2000 1076 This was the best one for the week. Gave very good entry u

Week of 04/12/2021

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