Watch that 429 break on SPY. <@&895135662867619930>
Out here and done for the day <@&895135662867619930>
Nice break and the 430’s had a decent move there. I was watching APPLE and MSFT to make my decision and it was only 1 call (dont want to lose this profit today). TSLA big green candle too <@&895135662867619930> Dont buy peaks look for a support buy if you are scalping <@&895135662867619930>
Reminder 28 is strong resistance on BBBY. We have seen it rejected from there many times. Good area to take some profit. If it breaks that then good looking to 30 but volume is pretty dead and this recent pop is highly correlated to the SPY green pop. <@&895135662867619930>
If SPY looses that 427.75 then it may lose this uptrend from 2pm. I am done trading for the day and would not play it now anyways. Next levels are 427 and 426 larger support. I will look for a good earnings play tonight and tomorrow morning and try to pick what we can play in the morning. <@&895135662867619930>
As previously mentioned SPY 430 to 432 bigger resistance is a tough area to push over. Will need good news,earnings, etc to keep SPY pushing up. Seeing more resistance today but lets see how the week trends and market calendar events over the next few weeks <@&895135662867619930>
Again careful here. BBBY broke out of its wedge and fell down. Watch those supports of 25/24/22 areas. Play is struggling now <@&895135662867619930>
BBIG watch that 1.90 and 2 break <@&895135662867619930> 1.70 and 1.50 support
Here are the ones I am watching today: KSS - KSS - Puts on KSS - #2 by system BJ - BJ - Calls BJ's and thread for discussion - Valhalla’s Most Anticipated Earnings / August 15th 2022 - #3 by PaperhandsJB Please add in your thoughts. Lets get some wins. <@&895135662867619930> @here
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Reminder 2 is big resistance for BBIG so dont get burned. If it pushes that 2.50 next big resistance then 3 of course <@&895135662867619930>
(SPY) if we do get above pre-market highs and the 428.86 daily level the main inflection point is going to be the weekly downtrend line that price rejected off of a few days prior.
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Added COST to the play today as it might run in sympathy to how well BJ did. <@&895135662867619930>
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In on COST calls <@&895135662867619930>
Up 100% on COST I am out whooooooooooooo <@&895135662867619930>
Ok here is where we wait and find re entry on COST and maybe puts on KSS but I like COST better <@&895135662867619930>
BJ that 74 support maybe for calls and 560 for COST <@&895135662867619930>
Still waiting for re entry <@&895135662867619930>
added 2 for 575 COST for .25. Being careful here <@&895135662867619930>
Good bounce here at 73 on BJ and 558 on COST <@&895135662867619930>
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Up about 40% on COST. Will hold for now. Need to watch how it and BJ react with SPY and market <@&895135662867619930> KSS is pushing up so wait for it to fin a top if you try puts