Jun. 22 at 10:38 PM
đ„ Weekly playlist; đ„
Yet another hugely successful week with big wins on 6 out of 8 plays off playlist and the last two very much still in play and progressing! Gonna be a wild one, let's bank!!
1. CVX calls - expect oil plays to remain hot and this one in particular has gaps on gaps if things get crazy. Solid support at 147.60 but got a feeling that won't matter much. Gaps start at 152 and again at 161
2. SMC commons - indicators reset and ready for a leg up. Watch clean break of 26.50 as confirmation for a nice first step in the trend reversal.
3. TSLA straddle (lean towards calls) - I am fascinated with the TSLA chart. So many odd things. Obviously it's showing the bull flag but it's crazy that the wedge is actually an overlay of past ascending and descending trendlines. What's even crazier, it's centered on a key SR level, centered in BB bands and riding between 20 and 50 ma's. Macd neutral and stoch iffy. The OBV might be the most clear bullish signal, Williams over 50 but money flow 6 is up and 14 down out of overbought without a coil and no clear pattern between the two. The Sunday robotaxi launch will be huge if everything goes well and big accumulation on those pullbacks has me leaning slightly optimistic for an upside breakout.
But this thing is going to 367 or 274 and it's going there incredibly fast đ€Ż
4. XOM calls - huge wins last few weeks but this one remains a favorite with a likely retest of resistance at 119.30 very much at play! Long term look into their Lithium expansion projects, worth a read.
5.
$CLSK puts - with
$BTC.X nosediving, look for a recheck of 7.30-7.45 area rather quickly. Failed to break past 9's when BTC was breaking highs and it now looks vulnerable comparatively.
6.
$NOC calls - if it can get a push back over 499 area it might just grow wings. Watch 495 as key solid support level.
7.
$LHX calls - watching the test of the ascending trend line on Monday. The environment may be perfect for a nice bounce up
