We had 3 alerts go off in the Discord today while the Nasdaq and S&P reached all time highs. A lot of big name tech stocks took off today along with three I've got alerts for; they are pulling further away from my entry points and might need to reevaluate. DOCU, SHOP, ADBE. Make sure you are tuned into the Discord and Twitter for further changes and thoughts on changes.
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Successful Alerts Today:
$ZM falling back on the hour chart and I'm in a small position. It is up +10% so far, but I'll wait to see what happens tomorrow and not be afraid to close out at open based on pre-market. My advice is to go small with rising tech.
$DIA had a perfect bounce on the 50 day MA. If you do a MTFA (Multi-Time-Fram-Analysis) on Trend Spider you can see the 1hr candles enter into my alert zone (purple shaded area) and trip the alert. I'll be watching this tomorrow to take profits if I need to. So far the call is up +11%.
$TRV entered alert zone and perfectly bounced on my support. I will be waiting for one more confirmation candle tomorrow early on before I decide to pull the trigger. My advice is to go small with this one as anything real estate related isn't performing well last week or so.
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SUCCESSFUL PICKS THIS WEEK:
$OKTA Call +31% (ongoing)
$NAIL Commons -11% (ongoing)
$ZM Put +10% (ongoing)
$DIA Call +11% (ongoing)
REMEMBER: Make sure to take profits! Its better to take a little off the table then none.
$NAIL I'm still averaging into this trade as it is probably pulling back to the 180MA. Totally am down -11% on commons.
OKTA still in this one and up 31% now. I'm considering taking profits soon before it decides to cool off from the last week. I'll watch it tomorrow morning in the pre-market.
Waiting for set ups to trigger on the following before entering options:
"The stock market is a device for transferring money from the impatient to the patient." -- Warren Buffett.
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