$DT Long IdeaDynatrace is back in it's consolidating phase similar to 2020 after the May shake out.
An idea is to go long with a break below support / the box a stop with first target the upside 44 zone.
More upside implied with a Darvas box breakout .
DEC bull risk reversals bullish option positioning bolsters the idea of upside in the coming months.
Interesting volume spike as well, definitely a name to keep on watch IMO.
I'm long via bull risk reversal and short puts
Longidea
OXY - Occidental Petroleum long setupOccidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America.
- BERKSHIRE HATHAWAY (Warren Buffet) is acquiring shares
- Expected earnings and revenue beat
- High oil prices
- High volume
- Above 200 EMA
DORM long ideaDorman Products - DORM
Consumer Cyclical
Auto Parts
USA
Dorman Products, Inc. supplies replacement parts and fasteners for passenger cars, light trucks, and medium- and heavy-duty trucks in the automotive aftermarket industry worldwide.
- High volume in stock
- Crossed 200 EMA
- Next earnings date - 25 Jul 2022
GOEV longCanoo
Consumer Cyclical
Auto Manufacturers
USA
Canoo is a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States.
- High volume in stock
- Crossed 100 and closing in on 200 EMA
- Next earnings date - 15 Aug 2022
$PFE Call Sweeps and ER next week hmmmPfizer has ER next week and 5/20 calls sweeping today
Technically it looks like we can get a run up to ER , as PFE is at trendline support and possible "fill out" of the triangle pattern
Any run up will capture some gains, will trim position and leave a few runners for ER.
Sweeps were 55.5 and 57 strike which are pretty far out the money, worth noting. Could just be a traders Lotto on $37K of premium (must be nice haha)
Cheers
$ASIX long ideaASIX with a close above the resistance line at $50.5 zone and support at 30day MA , leads me to believe we turn higher after cooling off from the 33-57 leg
Oscillators are turning with good volume and relative strength in a weaker tape market.
In the resin / fertilizer basic materials space, LWLG another name also with a bullish chart IMO.
Keeping this one tight, two closes below the 30 day MA and I'll close my JUN 60 calls, already up 35% and I think there's more room to the upside / good RR on this trade idea IMO.
Cheers
$WOOF I'm longI'm long WOOF calls . As a frenchie owner (his name is Frisco hence my trading name), I know the amount of $ people are willing to spend on their pets.
But also technically speaking, WOOF is coming out of a nice rounded bases and breaking out today. With that huge gap above needed to be filled, this looks like a good R/R long trade, aiming for $24.
Don't be surprised if there is a retest of the breakout zone, but longer term I see more upside.
Axie created a triple bottomaxie triple bottom let's goooo. resistance and support marked on chart. will we make a run to ath? let's hope btc stays bullish. not a financial advisor do your own research. the king paves the way. always use low leverage. always use stop loss and have an exit strategy. good luck and like/follow if you liked my chart.
$AMGN watch for break of the 240 zoneSellers have been present in Amgen , keeping this stock under the 240 zone since FEB's pop.
Lot of dark pool and call option flow showing bullish signs as the stock continues consolidating and eating away supply.
I think the bulls win here, alarm it for $240 as a good long idea.
I'm in a starter JAN 275c looking to add more positions upon breakout
Conversely , if bulls fail to capitalize downside target would be 220 zone.
XME Metals and Mining Weekly Long IdeaWeekly chart on XME looks bullish IMO.
I went long commons with price targets above 53.5 and 59 , stop around 48.
Nice breakout retest bounce and the volume leads me to be bias to more upside.
Swinging this with shares, but the April 54C also looks active with 3K OI