2022 3/23 Watchlist
Just wanted to point out that there are tons of similar patterns in the overall market right now. $SPY and $QQQ are both in a falling wedge type pattern. This is usually a reversal pattern to the down side so keep that in mind when trading tomorrow. Market has been running so a small pull back is healthy.
π’$XOM Calls above $82.75+
π$XOM $85C 3/25 or 4/1
π΄$XOM Puts below $80.50
π$XOM $75P 3/25 or 4/1
*Inside Bar scenario on the 1D time frame. This shows that it was consolidation day. Watching to see if thereβs direction tomorrow. Keep watch on energy and oil*
π’$CRWD Calls above $220
π$CRWD $245C 3/25 or 4/1
1W Time frame looks gorgeous for $CRWD. I can see this going to $235 once we stay above $220.
π’$AMD Calls above $118+
π$AMD $120C 4/1
π΄$AMD Puts below $113
π$AMD $110P 3/25 or 4/1
*Rising wedge scenario, it hit Trend line and rejected on the daily and on the 4HR time frame it has a rising wedge which is a reversal pattern. Letβs see if this is text book π*
This needs a breather anyways same with $NVDA, both hit a nice supply zone. Supply Zone = Sellers step in
π’$BA Calls above $193.50+
π$BA $200 3/25 or 4/1
*This name is pretty bullish along with airline sector. Worth watching for continuation. It retested gap yesterday and absolutely went nuts today. For smaller accounts watch $AAL and $DAL.*
Keep in mind that this set up β¬οΈ could be valid tomorrow or the day after tomorrow. Most important thing to do is set alerts on Tradingview.