My #TheStrat ideas for 12/21, daytrade/short swing, not sure yet.
$MRNA 3-2-2d < 275.12 (260p or 265p)
$ZM 2-2d < 197.08 (190p)
$AAPL 2-2u > 170.57 172.5c | 167.5p < 167.49
Read on for details and charts and @Tradytics #AlgoFlow…
Still testing and watching flow here to see if I can combine this with possible targets as well as get some extra confidence.
$MRNA 3-2-2d Daily < 275.12
As mentioned on Twitter today, also a possible 50% rule short candidate for the week now. (The first one from my watchlist, surprisingly!)
Idea: possible 3-2-2d below 275.12 (12/23 265p or 12/31 260p to get some more time), FTFC down as well
PT: 269.00, 256.97 (weekly magnitude)
The Tradytics AlgoFlow is surprisingly bullish on $MRNA on the 1min and 5min chart, so I’ll watch this as well.
$ZM 2-2d Daily < 197.08
Idea: possible 2-2d Reversal Daily below 197.08 (12/23 190p), FTFC down
PT: 183.35, but tbh I’m not aiming at this, going with an in-between target for the strike at around 190 and I’m happy if it dips deeper.
Tradytics agrees here and AlgoFlow predicts a 5min flow around 185 and down.
$AAPL 2-2u > 170.57 Long play
Idea: possible 2-2 Bullish Reversal above 170.57, still has FTFC up
PT: 173.47 for a quick daytrade
Tradytics has the AlgoFlow for $AAPL slightly bullish on the 5min chart…
However…
$AAPL 2d weekly < 167.49 Short play
I never should(!) short AAPL but let’s write about it, nothing wrong with it? :)
Idea: The weekly 2u-2d has not reached it’s target of 164.28 (yellow line on chart)
PT: 164.28
For chart look at the long play, targets are marked
On the 1min AlgoFlow Tradytics shows still bearish flow…
Some additrional ideas for possible swings into the end of the year (eyeing on at least 12/17 or 12/31), but be careful there might be some profit taking tomorrow.
Oh what a week we had on the stock market. Huge volatility, perfect for trading both sides. However, such a volatility and that drop on Friday also means that long-term investments took a hit here.
See below what my thoughts are for the next couple days.
Not expecting it to go ITM, but a quick dip back to 305.09 could made some profits. I chose the 305p because it’s cheap compared to a 310p, and I won’t hold that contract the whole day. Theta will eat up fast. A short dip at open and then back to new ATH please!
Added two additional tickers to my #TheStrat watchlist 11/18
$AEHR < 22.36 possible Double-Inside-break 2d W - 11/19 22.5p or 12/17 20p swing
$MQ > 24.18 - possible 2-2u PMG up D - 11/19 25c or 12/17 27.5c swing
Keep in mind that the 11/19 contracts are risky end of week and more lotto-style!
AEHR
MQ
My #TheStrat watchlist 11/18
Lets see what 11/18 will trigger.
$NKE 2u-1-2u > 172.74 PT: 174.00, 176.53
$NET 3-2-2d < 208.11 PT: 204.64
$ORCL 2-1-2d < 94.85 PT: 94.02
$FSLR 3-1-2d < 103.29 PT: 101.27 swing (see below)
