But while the intraday is tradeable by day traders the daily depends on China IMO. Heck maybe defense stocks move higher on no deal. DEFCON!oldarmy1 said:yupRice and Fries said:
OA1, do we have a triangle forming on RTN? If I take the high at $185 and the low of $178 and divide by 2, I get about $181.75.
Note the intraday one as well!
Our support line of ~$158.63? So we need to see it get back above there soon in order to not break the darvis box on a downward trend?oldarmy1 said:
Pull up daily chart for LSPN triangle example. Spot on.....again. Tell you that one pattern and the Darvis Box are worth a $1000 trading course.
And since we used DE as our long Darvis Box example. If markets don't get bad news note the 50% retracement point on it. And what is just above that 50% point???
$155.30. As long as above that I don't care if it takes time to move back up. Just don't break it and not recovered.Rice and Fries said:Our support line of ~$158.63? So we need to see it get back above there soon in order to not break the darvis box on a downward trend?oldarmy1 said:
Pull up daily chart for LSPN triangle example. Spot on.....again. Tell you that one pattern and the Darvis Box are worth a $1000 trading course.
And since we used DE as our long Darvis Box example. If markets don't get bad news note the 50% retracement point on it. And what is just above that 50% point???
Those guys just seem to hate TEUM, regardless if they have good earnings reports or notChickenhawk said:
SA is still bearish on TEUM, stating that backlog conversion rates will continue to deteriorate:
https://seekingalpha.com/article/4261490-pareteum-strong-q1-2019-legacy-contract-outperfomance-questions-backlog-remain
So a theoretical play here would be the May 24th $162.5 calls, assuming we have some positive macro news released?oldarmy1 said:$155.30. As long as above that I don't care if it takes time to move back up. Just don't break it and not recovered.Rice and Fries said:Our support line of ~$158.63? So we need to see it get back above there soon in order to not break the darvis box on a downward trend?oldarmy1 said:
Pull up daily chart for LSPN triangle example. Spot on.....again. Tell you that one pattern and the Darvis Box are worth a $1000 trading course.
And since we used DE as our long Darvis Box example. If markets don't get bad news note the 50% retracement point on it. And what is just above that 50% point???
But the current triangle is just above $162.50. But I think if markets have news to send stocks recovering we would fill that nice mega gap on it. Blue arrow.
Prognightmare said:
CRZO is flying. Thanks to whoever brought that up yesterday. I'll be watching it closely now.
Thanks. I was just going to make a mental trade on this one since it's a bit outside my own list of requirements. Definitely recognized the IV premium being stacked into the options.jayelbee said:Rice and Fries said:So a theoretical play here would be the May 24th $162.5 calls, assuming we have some positive macro news released?oldarmy1 said:$155.30. As long as above that I don't care if it takes time to move back up. Just don't break it and not recovered.Rice and Fries said:Our support line of ~$158.63? So we need to see it get back above there soon in order to not break the darvis box on a downward trend?oldarmy1 said:
Pull up daily chart for LSPN triangle example. Spot on.....again. Tell you that one pattern and the Darvis Box are worth a $1000 trading course.
And since we used DE as our long Darvis Box example. If markets don't get bad news note the 50% retracement point on it. And what is just above that 50% point???
But the current triangle is just above $162.50. But I think if markets have news to send stocks recovering we would fill that nice mega gap on it. Blue arrow.
I don't think there is a real play because of earnings reporting next week. The weekly is too close to really hope to see the move unless markets bust out across the board. The May 17s are too expensive because of earnings, so they're basically an earnings play. So about all there is is to pick up shares and hope it moves up into earnings for few dollars a share.
IrishTxAggie said:
CHK over here trying to be the little engine that could... That's a $.30 flip from the PM low as of now.
Told you it wasn't a bad report.IrishTxAggie said:
This is funny to me. CHK going to close 5% up on the day!
EngrAg14 said:
Come on DIS, fingers crossed
I put a lot into AAPL $210 6/17 calls as well, hoping the trade talks go good, if not that the stock recovers before thentramaro1 said:EngrAg14 said:
Come on DIS, fingers crossed
I know, I thought about selling half when it hit the highs, but I am going to gamble and hope earnings are awesome and it sky rockets.
tramaro1 said:EngrAg14 said:
Come on DIS, fingers crossed
I know, I thought about selling half when it hit the highs, but I am going to gamble and hope earnings are awesome and it sky rockets.
