Nothing better than getting revved up to start another week and getting a chop fest of a playing field to navigate through. We’ll make do.
Thus far on the day I booked gains in CIMT shares from $6.60, and sold my RKUS calls for a small profit. I took down April calls in TSL and V, and am contemplating selling SODA calls here while booking a loss in either KBH, LULU or both.
LNKD is a concern for me here as well.
What are some of your top ideas for the upcoming week?
OA
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just got into some BZH April 24s recently, feels over cooked and if it holds recent swing lows I see a breakout on the radar
YGE…what level does it have to hold to remain in play? 6.40?
I got the lower end of the big multi month triangle at about $6.15 right now. Totally in play for me above that.
Just got some UPS March $100 YOLOs…
BTH has a 61% short interest, and the chart looks interesting
I have lots of good looking charts on my watch list, but I think most have been discussed around here recently. Lots of triangles and wedges.
CLNE has an interesting look around the $9.50 level. Maybe doing an iHnS or that equal high / 1-2-3 bloop thing. Did that make sense? 🙂 Mini volume pocket over head. Similar to the ANGI and GME setups, that should be inspiring – haha.
Or, CLNE is retesting the bottom of the balance point from the last little triangle and getting ready to continue lower. I think I just convinced myself to sit this one out.
Other than the TSL, TWTR, MNST looks, I’m looking at DVN, AEM (I know, a miner,) UPL and paper trading YOLO puts on the day after a breakout.
whats wrong with SODA?
?
“am contemplating selling SODA calls here” – that’s you! why?
Book a gain in March, roll to April into weakness.
got it.. thanks
Like AAPL here
RGSE – whoa
“Fuck Yeah”
Well, that was PT#1 around $4.90, PT#2 for me is ~$5.80.
Dam, I was expecting $5.80 today?! lol
*wasn’t
Yep, sold my Mar 5s today but letting Apr 5s ride to 580. Will also sell half or all stock there.
BBRY
KBH is the weirdest fuckin’ chart I’ve ever seen.
Seems like once a month that stock wants to revisit an area that could look like, but certainly isn’t, a trendline. Please don’t tell anyone I said that word. In fact, my spell check is marking that word as non-existent…they think it’s treeline.
PM miners.
Stopped out of ONVO and REGI this a.m. Bought BBRY and BLOX. Somebody is making money today. It’s just not me. I’ll keep shooting. Setting up for better tomorrow.
$FIO is teasin the absolute hell out of me. That thing is flashing more tails than at an AVN Awards show.
Jeff, I cant seem to find a better R/R than AAPL weeklies $540 below $1.00 here. One of the best charts out there…calls really cheap.
Me too. I own them.
I think this will rip anyday now…I’m in weeklies and also some March22’s just in case.
Great call on AAPL!
A pleasant surprise this morning
well. seems like the china play may be done in the interim. all down on big volume
YGE falling wedge on shorter timeframes, getting tight. Gotta love the falling wedge.
i hope i’m not going to regret not selling the pop on YGE last week.
Hate to see it cannot hold its big up move!
well, YGE just broke 6.40. FML
hope it doesn’t hit the stop at 5.75.. that will leave me really pissed
added to the Apr 7s
Agreed, but we have PLENTY of time on those April calls. Set it and forget it…
Got back into TSL calls – Apr 20s…
Hi Jeff…How good is CLDX entry here for APR 30s?
i’m mostly satisfied with the $MPEL re-test so far. hopefully we finish strong into the close.
too much of what I’m looking at is nearing a bottom, meaning it needs some more time
Bot dip in yge
Same. Added calls and new stock position.
RGSE & HIMX were beasts for me today.
STXS feels like my next to go.
SNMX looks to breakout – from the weekend discussion
i’m done with the holding strategy. this year is clearly not the year for holding right now. March getting frustrating with reversals in LULU, TWTR, GME, LNKD, and YGE.
I was thinking of employing a “anytime i’m up 100%, just sell” strategy, with tight stops
ha… i was thinking that same thing yesterday. almost all my positions this month have been up 100% at one point this month.
i am comtemplating holding $GOGO thru earnings (sold half for just over a double already).
I think I’m going to hold GOGO through earnings…. I’m in stock since the $19s
I have to disagree with you guys. Letting the winners ride strategy has still worked for me… Maybe it just depends the type stock and the size of the move you are looking for. Maybe have more positions? Idk, I haven’t been doing this long enough to truly know what works the best. But, I will say this:
If SWIR hits my pt this week it will be about a 900% gainer. Throw the SFUN +700ish on top from last week and those two positions alone make up for 16 losers.
Just another perspective.
yeah… haven’t seen a 7x or 9x trade in a long time. and i have let my good trades run to a fault.
I just think it’s just confidence. I’ve looked at my trades and asked OA’s two questions: where will it go, and when will it get there.
I’ve reduced the amount of where I think it will go, because of this reversal that happened lately. It’s gotten there, and I’m out.
Now I’m looking to press the first question on some. Eventually, I’ll get confident enough to push further and hold longer.
cmon $TWTR… please run this time.
FIO finally got into that pocket. Hopefully it’s good until the upper $12s…
Looks like I overstayed my welcome in $RKUS… Bernstein downgrade, PT 7 last night… gonna write off what was an ok gain as a 40% loss and redeploy on a down day into something with better odds.
SNMX’s turn today. Anybody happen to be in that one for todays move?
wow. YGE just fell out of bed. wth happened
Thursday’s breakout wasn’t a breakout, it looks like. More like the top end of the wedge, and looks to be retreating to the lower line. It is definitely not broken. Below 6 bells would probably be. Still love my Apr calls here.
What strike are you in on those April calls?
Apr $7 at .49. Options were as high as .90 the day OA shared it on the blog. Not worried that they are underwater.
I’m in it (to win it).
Yeah, I’ve got YGE just tapping the lower end of it’s consolidation rage, ONVO too. I’m not worried yet, but I’m in stock on both. Any lower on both and I should let them go.
I bought ONVO too high in it’s range so that one won’t be fun to cut loose. I hate it when I buy too high in a consolidation range. Got impatient, there are too many good setups right now to be doing that ish!
its just terrible to look at my positions in SPWR, TSL, FSLR, YGE… for now
So true, not fun watching money evaporate.
yeah nice call on the wedge. i see it perfectly. The bad news (if the wedge holds out) is that the April 7 calls peaked at 90 then and the next lower high might not get you to breakeven if it takes too long.
Yeah, it could, bear. The price we pay to take the trip, I guess…
getting close to buying time in solar…plenty of people pulling their hair on the quick move up and back down…perfect shake out.
back in JKS, we shall see. homebuilders tempting, but I think still worth waiting before diving in.
Not sure if this is something to do with the FSLR analyst meeting that propelled a monster move in it last year this time
URBN earnings beat with record sales and profits….sold off. another grenade. done with that. lol
Turned my AAPL yolo from last night into April positions in JOY and YGE. Exciting!
earnings on YGE next Tuesday, I think…so, just know in case you don’t want to play through earnings with options…stock I wouldn’t mind.
I appreciate the heads up! Thank you.
I got shaken out of RGSE stock, it was a pretty good ride though.
it was pretty nice. CSIQ not finding any bottom whatsoever. I’m out again from JKS, too hot.