Good Sunday Evening
Spy staying above the zero line Ema on all time frames. The top bollinger band keeps getting pushed higher. Spy could use some basing here before it’s next leg up. Although I thought that this week and it kept climbing.
Review/Open Trade Ideas
If you happened to have left a runner on Ual then you made out a good bit more.
Also if you happened to set an alert for Ge then you made out on that as well. Last blog I had said I would revisit it. Didn’t think it was ready. Also did not want to keep a lot of open ideas on the table because it could be overwhelming. Alerts are your friend though. Set an alert and when it goes off, if the ticker is still following your plan then take the trade. Ge ran on Friday and would have made for a good day trade. Could also have some more left in the tank and could run on the Infrastructure Bill news.
✅Nio - Working. Becareful with earnings this week though.
✅Fsr - Working Nicely.
✅Blnk - Working. Has been taking a dip but I don’t think this is done and this can also run on the Infrastructure news. Earnings this week also though so be aware of that.
✅Tgt - Dipping on Friday. Didn’t cross my buy line yet but could be setting up for a run into earnings next week.
✅Plg - Working.
✅Pltr - This one will probably be like Ual where it is really slow and then boom has a nice move. Earnings this week so be careful.
🎯 Dis - Thought this was going to wait until earnings at the rate it was going but Friday proved me wrong. I took my target on Friday after that nice move. Especially with how slow this ticker can be at times and with earnings this week I wanted to take a target early.
❌Docs - Going to go ahead and scrap this one. And by that I mean I am going to set an alert and let it go. Just won’t be bringing it up in the blog any more. Has been dragging and could be waiting for earnings for a move.
New Ideas
Cat - Friday may have been the day to get into this, may be too late tomorrow. Depending on if the infrastructure news was priced in or not but if not this can really move on that news. I’m thinking this is not priced in and a big move is coming. Price is over the zero Ema on both the daily and the weekly and is just shy of it on the monthly. Also it has put in an inside weekly candle. Above 208.24 which is the zero line Ema on the monthly and this can move nicely. I’m looking for around 220ish for a target.
Crwd - Bouncing off the MA cloud on the daily and consistently bouncing off the MA cloud on the weekly. A close over the Zero line Ema on the daily which is 273.49 should put this in an upward trend. A better confirmation for an upwards trend would be over vwap on the daily which is 278.91. I’d target towards top of bollinger band on the daily all the way at 296ish.
Dte - Price is over my zero Ema line on all time frames. Vwap on the daily is 114.54. Over that and I think this starts to move through the MA cloud towards top band. My target would be top band on the daily which is 116ish.
Inside Day Trade Ideas
Ebay - Calls over 76.94 / Puts under 75.53
Jpm - Calls over 170.09 / Puts under 167.41
Duk - Calls over 102.67 / Puts under 101.05
Dlb- Calls over 90.84 / Puts under 89.45
***Blog is not financial advice. Simply just ideas and I hope it is helping you out.***
Everyone have a great weekend! If you like what you read could you comment and show my blog to a friend please. That would be awesome!