Swing Trade Ideas Taiwan Semiconductor Manufacturing Company Ltd. ($台积电(TSM)$) Strong bounce each time it hits the support zone 107.05-109.34. Currently very near the support zone. If breakthrough 112.80, my target zone is 116.19-118.13. Possible to enter a small position at the current level as the risk/reward ratio is relatively good.If fall beyond 107.05, my target is 104, which is the next support level.I will take at least 1 month's expiry. DraftKings ($DraftKings Inc.(DKNG)$) DKNG is a little tricky. Currently, range-bound but might see a relatively big move once it breakouts from this range. I'm looking at 53 calls if it holds around 47.70 level, with a tight stop-loss
Weekly Trade Ideas Boeing ($波音(BA)$)Currently at a very interesting spot. Reaching a support zone that had been held nicely previously. Make or break situation here. Worth putting on our watchlist.If breakthrough 208.24, my targets are 212.85, 216. If fall beyond 204.80, my targets are 200.94, 196, which are the next support levels.Lucid Group ($Lucid Group Inc(LCID)$)Made a big move last week and won't be surprised if we see a little pullback. Just follow the price action and trade accordingly.If breakthrough 41.60, my targets are 45.89, 48.55.If fall beyond 35.48, my targets are 33, 30. If the price holds above 30, I might add some common shares here. Not interested if there is n
$Tesla Motors(TSLA)$ Closed into weakness on Friday.If open below 700 can look into buying puts. Below 694 for confirmation. Target 688.If breakthrough 724 can look into buying calls. 727 for confirmation. Target 737.Not interested in trade between 700-724.$Zoom(ZM)$ Closed into weakness on Friday.If open above 385.50 can look into buying calls. Enter above 390.88 and 392 for confirmation. Target 395, 399, 402.50.If break Friday low 380.80 can look into buying puts. Target 377.50, 375.$Shopify(SHOP)$ Over 1556 might see a nice breakthrough from the DTL. Targets above 1582,1595.Below 1490 might flush down lower. Targets below 1
Weekly Trade Ideas Paypal ($PayPal(PYPL)$)Currently at a very interesting spot. Reaching a support zone that had been held nicely previously. Worth putting on our watchlist. One thing to note is ER is on 8 November, so might be better to wait and see what happens after.Resistance above at 233.55-236.07. If breakthrough this range, my targets are 239.75, 245.82.Support below at 223-226.09. If fall beyond this range, my targets are 218.55, 215.83.Blink Charging ($Blink Charging(BLNK)$)After the breakout of the downtrend line, it is now forming a bull flag currently. Worth watching for a break of this flag.If breakthrough 32.30, my targets are 33.13, 34.67.If fall beyond 31.28, my t
Swing Trade Idea DraftKings ($DraftKings Inc.(DKNG)$) Interesting Wyckoff distribution playing out on the weekly chart. No clear signs of a bottom yet so I would like to swing trade and give this more time instead of day trade. We need to see this holding above 28.26 and stop making new lower lows. My plan is to buy calls at least 2-3 months expiry with the target at 41.66. Not interested or will cut at a loss if the price goes for new lower lows. Weekly Trade Ideas FedEx ($联邦快递(FDX)$) With the market becoming more volatile, I'm looking at other sectors besides the big tech stocks that I mainly trade. This caught my attention as the previous resistance turned into support and boun
Not everyday is a fancy win.[真香] $NVIDIA Corp(NVDA)$Chased in put when it failed to hold 222. Got out when it spiked down. Buy at 2.45. Sell at 2.7. 10% in 9 minutes. [保佑]
$Vinco Ventures, Inc.(BBIG)$Nice technical breakout after 7 months of consolidation.[哇塞] Got in around 4.20 trendline breakout level. Amazing move AH. Will set stop-wins according to how it moves next week.
Weekly Trade Ideas Boeing ($波音(BA)$)The weekly chart is currently closed near the downtrend line. Watch for a potential breakout or rejection back to the support zone below which held nicely multiple times.In the daily chart, the price has been consolidating between 217 to 227.If breakthrough 225.24, my target zone is 235-239.67.If fall beyond 212.79, my target zone is 204.80-207.03.iShares Russell 2000 ETF ($罗素2000指数ETF(IWM)$)After a breakout from close to 1-year consolidation, we are seeing a pullback from the all-time high. Watch for trend continuation higher or falling back to retest the breakout level.In the daily chart, we are seeing 2 inside bars as the price consolidate
Today is Deepavali and I have some free time. I'm going to go over a trade recap of a failed trade I did yesterday.[鬼脸] Many people experience greed when it comes to profit-taking. We often aim to guess the top which is impossible to guess correctly every single time. I am no exception. [丢脸] The stock I was trading was $Lucid Group Inc(LCID)$, which was mentioned in my weekly trade ideas.On Tuesday, this stock fell beyond 35.48, reaching 33.02 as the LOD. I didn't take any trades on this stock that day but it caught my attention.I determined the daily pivot to watch out for at around 34, as that was the most active traded price for Tuesday.On Wednesday, I was
$AMD(AMD)$Hold above 108.8 and reached 111 as I mentioned premarket. Got in twice and got out fast.[龇牙] Hope someone who saw my post caught it with me.[安慰]