Search

Daily Setups for 10/26/2021

Earnings before the open tomorrow


$UPS $GE $MMM $LMT $JBLU $WM $RTX $HAS $LLY $SHW $PHM $GLW $ADM $PII $CNC $NVS $PERI $MSCI $ECL $UBS $XRX $PCAR $TRU $SPGI $CEQP $CIT $TRTN $ENTG $SSTK $ARCH $AAN $ABG $MMYT $PNR $FRME $HUBB $HZO $IVZ $ST $ARCC $GPK



Setups:

$APPS nice bullish inside day following a large bearish day and earnings soon and will be looking for a move over $87.18 to take the inside day up with the 11/19 90c or the 10/19 88c for a riskier play



$BYND inside a larger weekly/monthly broadening formation here at the lows and looking for a bounce off the inside day up into the open gap from last week with the 11/19 100c targeting $100.15 initially and then $105+



$BRK_B nice hammer on the daily that looks decent for a move to $290.77-$291.82 this week with the 11/19 295c with a ultimate target of $295.08 and a $300 magnet with unconfirmed earnings next month



$CLX very nice outside day hammer off the double inside day setup and looking for a move now over $162 with the 11/19 165c targeting $163.24-$164.12 for first targets and then $165+



$JNJ also putting in a nice outside day hammer and will be looking for the DTL breakout move over $164.31 to $165.15 with a line of resistance at $166 area with the 11/19 165c for a small swing play on a breakout



$MRNA the more I look at it to test the open gap above this week. The monthly looks great too coming off the inside shooter last month and putting in a nice hammer on the month currently. I’d look at the December 400c for a longer swing or the November 390c or 400c



$PENN looking weak but might be finding support at the old resistance spot of $73.86-$74.21 here but if we lose that $73.86 spot then will be looking at the 11/19 70p for a move down to $71.09 on continued weakness



$ROKU with a decent inside day here and has a small gap above at $328.41 and if we can run into that gap then it should get closed for a decent pre-earnings move with the 10/29 330c with a small size



48 views0 comments