Today played out well with the revup look given from $TSLA in Monday’s session. Coming into Tuesday morning, she didn’t waste any time running to the 320s to fill the gap. My tweet out on Monday afternoon:
The revup was confirmed with a price extension above yesterday’s high. Price pushed into gap fill quick @ 326.33.
$BABA was another name I’ve had my eye on for quite some time. Was in and out at first w/ some short term plays, but then grabbed long term commons for the long play. Been in them since the cup break.
As far as short term, the ascending triangle formation looks to be playing out. Here was original tweet regarding ascending triangle:
And today, it’s testing the breakout. Trying…
$PAY was another name I’ve been stalking for an upside play. When first spotted, I noticed the repeated .618 holds within the falling wedge formation, coupled with positive divergence on RSI and MACD. Original tweet:
Well… today, it broke to the upside. Already above the .382 fibonacci retracement and the 100 day moving average.
$SQ caught my eye this morning as I spotted it peeking out of the coil up it’s formed. Call sweeps, and volume were nice early. Original tweet:
Well… before the end of the day, new all time highs were put in.
The heaviest options activity for the day via Trade Ideas