top of page

Profit Over Greed Weekly Setups for 1/3-1/7

$AAL inside week shooter along with a shooter on the daily leaves me liking a short play on this one this week under $17.92 with the 1/21 18p and would only look at a long play on it over $18.43 with the 1/21 18.5c, will see how travel does for the New Year

$AAPL had a good start to the week last week, but put in a shooter on the weekly and failed to make new highs last week. Would be looking at a short play on it this week under $177 with the 1/21 175p if we get continued weakness on it

$AMD another one in the tech theme that started the week off on the right foot last week but ended it with a shooter on the week and will continue to see if tech remains weak into the New Year and under $143.55 looking at the 1/21 140p here

$CLX double inside week with this past week being a bullish inside week and liking it for further upside action here over $175 area with the 1/21 175c for a run at $179.51-$180.73+ as the $170 area held as good support

$MGM went inside week hammer along with many other casino and travel names, so that sector will be worthy of watching this week and looking at a move over $45.50 area here with the 1/21 45c targeting a move to $46.64+

$NVDA another weak tech name this past week to close things out and putting in a red shooter on the week inside the small broadening formation and under $293.66 will be looking at further downside action with the 1/21 280p

$PDD some China news helped this one and others on Thursday it seems and it is now an inside day off the outside week, but will be looking for a bigger breakout over $60.50 area with the 1/21 60c targeting a move to $65.27+

$PLTR tight action here inside the broadening formation on the inside week and inside day and although the daily is bearish, I am looking at a move over the DTL to $19.45 with the 2/18 20c or on the inside day down move the 2/18 18p to $17.81

$RBLX they continue to hold that gap below and they keep reclaiming the $100 spot as well. Nice outside week, but went outside spinning top, so no real direction there. Over $104.68 and I would be looking at the 1/21 110c for a target move to $108.78+

$SBUX right at some resistance and needing to finishing closing the gap above and over $117.50 area and it can do just that with the 1/21 120c for a potential swing to $120.76+ after seeing some flow this past week on it

24 views0 comments
bottom of page