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CBOE

NIKE inside an ascending channel. Potential for another waveToday we will share an analysis of NKE. This can be used as a curiosity or to create a setup with an appropriate Risk Reward Ratio towards the Target. Main items we can see on the chart: a) The price is inside an ascending channel providing a bullish context b) Currently, we can see a clear corrective structure with similar proportions as the previous one c) Using Elliott Wave theory we can make a count 1234, and we expect 5 to come (Remember that Elliott defined that 5 waves will compose any impulsive movement) d) We expect a bullish movement towards the higher zone of the ascending channel e) Also, we have an invalidation level in case the price does not go in the expected direction f) Remember: Trade safe, protect your capital, and always understand what you are doing!
NYSE:NKELong
by ThinkingAntsOk
Setup of the Day / DLTRToday we have a long setup to share. Here you will see a full explanation of how we will proceed. Main items we can see on the chart: a) The price is bouncing from a Daily Support zone (that allow us to look for long setups) b) On the 30 minutes chart, we can see a Broken descending trendline c) Currently, we have an ABC pattern (Flag structure). From a technical perspective, this type of formation is considered a bullish one d) Based on that, we will open positions, set a stop, and take profit on the levels you can see on the chart e) Our Break Even level is the yellow line f) The Risk-Reward Ratio we have on this setup is 1.5 g) We will take this trade using a 1% risk of our Capital h) Remember: Trade safe, protect your capital, and always understand what you are doing.
NASDAQ:DLTRLong
by ThinkingAntsOk
Our Stock of the Day / 3M CompanyToday we have a short setup to take; here, we will show a full explanation of it. a) Before understanding this idea, we should take a look at the Daily chart -The price reached a major reversal zone composed of a Daily descending trendline and a resistance zone -Based on that, we can see substantial bearish potential towards the next support zone -Having the big picture clear, we can develop our setup on the 30minutes chart b) We have a corrective structure making a pullback on the resistance level and the broken ascending trendline c) We have set our short orders below "C" at 158.8 d) The break-even is on the first fibo extension e) We will close our position on the next support zone f) The risk we are taking here is 1%. Trade Safe, protect your capital, and always understand what you are doing!
NYSE:MMMShort
by ThinkingAntsOk
CBOE - Possible Set-upWe played CME last week for a nice play. Could CBOE be next? I do like CME long-term more than CBOE but for short term plays it looks ripe. CBOE ________ @ support @382fib 97.42 @bottom of current uptrend regression channel Below 200ema Stochrsi, macd, ttm setting up for a move higher. 1st Target = .5fib @105 2nd Target = 618fib @113 ____________________________________________ This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez
CBOE:CBOELong
by UnknownUnicorn7216011
#BABA ANALYSIS.. POSSIBLE PATTERN FOR LONG TERM.. I think that the pandemic disaster we are in will continue for a long time and there will be a collapse in the markets on a global scale, in this context, I expect a structure in the stock as I stated in the chart.. The pattern I draw in the chart can be seen in many stocks, I think the second wave of sales will be more devastating, we will wait and see.. Disclaimer: Please do your own due diligence when it comes to investing.. Invest at your own risk.. I wish you all the best..
NYSE:BABAShort
by OguzhanSengor
1
ridethepig | VIX Market Commentary 2020.02.23Here we are tracking the massive breakup in Vol; this is looking dangerous and is right on time with Coronavirus kicking in. This was forecast miles in advance (see charts below) and has followed the mapped flows flawlessly since the previous swing we began tracking earlier last year: The sweep of the lows was a textbook example of clearing the board to open up the runway towards 38 and 85. We can continue to just keep recycling positions in the same levels and same direction. The price drivers keep telling us that; US Equities will also receive a major hammer as they are complete dislocated from reality. Good luck all those in VIX from the lows... a flawless +60% position in the @ridethepig portfolio so far from the infamous "Capitulation Waters". Thanks as usual for keeping the support coming with likes, comments, charts and etc!
CBOE:VIXLong
by ridethepig
1
Tesla (UPDATE)Tesla is now officially in bubble territory as it breaks above the major rising wedge pattern that has formed over the last decade (should be confirmed by the end of this week). Essentially, the stock price is going parabolic, similarly to Apple's stock price. Keep in mind that this means two things: 1) the stock price will see parabolic price movements in the coming months; 2) the resulting consolidation on the weekly chart will likely result in a multi-year bear market with heavy losses for most market participants. So, my outlook is bullish short-term (6 months) while bearish medium (2 years) and longer term (5 years). My previous Tesla trade ideas: PS. If you find my charts and comments useful, be sure to follow me on Twitter where I post more frequently.
NASDAQ:TSLALong
by Trader6127
2
Netflix (Boom or Bust?)There is no doubt that gauging the direction of Netflix's stock has been one of the most challenging tasks for analysts over the last 2 years. The big picture shows the formation of a rising wedge, which is similar to other tech stocks. But price has violated the trendlines so many times that we've had to cast doubt on the validity of the upward trend. Netflix is currently trading below the bottom line of the wedge, while other tech stocks are now pushing above the top lines of their wedges. Is this a bearish sign for nflx? On the plus side, price has formed a large bullish flag. Will this invalidate the bearish picture? I'll be watching to see if the stock can break to the upside over the coming weeks. If we get a breakout, we'll likely see new highs before the tech bubble pops toward the end of the year. If it fails, it will increase the odds that we will see a breakdown of the bullish flag toward the end of the year (another possibility is a brief but explosive breakout to the upside toward the end of the year, before a very sharp pullback). PS. If you find my charts and comments useful, be sure to follow me on Twitter where I post more often.
NASDAQ:NFLX
by Trader6127
2
Zoom outThis is just one of the possible scenarios, no1 is sure what will happen, so keep that in mind. Recently we had a parabolic advancement, they usually retrace more than 80 proc in any markets. There is an unfilled gap at spike from 4 - 4.7k, having is coming in April, 86 proc BTC already mined. Whales need to accumulate as many BTC as possible from retailers, easiest way is to induce market capitulation. Keep in mind that derivatives market (futures, perpetual contracts..) is 18x bigger than spot market and has a huge impact.
BITSTAMP:BTCUSD
by beatjarvis