My Favorite Way to Fly
TSLA has been an excellent vehicle for options traders and there were several expiration concepts that really came together today. Today’s video spends some talking through those ideas and where you can put the trade on next.
TSLA has been an excellent vehicle for options traders and there were several expiration concepts that really came together today. Today’s video spends some talking through those ideas and where you can put the trade on next.
Friday saw a significant decline following through from Thursday’s break. The selling may seem sharp, but this was expected for a couple different reasons. Let’s look at that, along with the plan for next week.
What is the difference between a retracement and reversal? And if this is a retracement (which I think is it!) here is the pattern I am waiting for.
We have a lot of retracements that are brewing for trends that are still valid. And that’s the focus I will keep until the trend transitions — which it has not.
If you know where to look, the market leaves clues…
This type of day has been, since October, a great opportunity to go shopping. How and why I do that is explained in this video.
Lots to like on a pullback day. Is the uptrend still intact on the daily? YES. Are there buys on days like today? Yes. It’s a blue light special.