SPY 0.00%↑ - Market Sentiment
SPY 0.00%↑ consolidating and trading sideways between 528-532. Below $528 bearish PT $525 which is next support. Need to hold $525 for it to be bullish. Above $532 breakout to the upside.
1. Nike 2-3 Weeks Call Option
NKE 0.00%↑ symmetrical triangle setting up which is getting extremely tight. Close above $92.58 price target of $95+.
2. UPS Play Bounce Off Support
UPS 0.00%↑ sitting at a massive support of $138. The RSI has hit oversold level. Stop loss close below $138, a month out call options.
3. ROKU Shares @ $55
ROKU 0.00%↑ sitting at a huge level of support of $55. I am looking at a 1 month swing for shares on $ROKU. Stop loss close below $55 on the daily timeframe. Bullish as long as if it holds $55.
4. McDonalds
Blue Chip MCD 0.00%↑ stock sitting at a weekly support. Nothing crazy but great to add in longterm for the dip.
5. Warner Bros Long Shares
Incredible A+ Setup on WBD 0.00%↑ sitting at the lowest level it has ever been since 2005. RSI also looks amazing sitting at oversold levels. I want to buy shares right at market open to the play the bounce. The risk to reward is amazing and the probability is insane.
6. SHOP 0.00%↑ Day Trade
Watching $SHOP puts at market open below $56.90 price target $55.50, weekly puts for a day trade. $SHOP average red day is like -3% on stock. Quick day trade. Need to open red for me to take puts. Will alert entry on Discord.
Technical Analysis 101
