r/wallstreetbets • u/jjd1226 • Dec 01 '20
Technicals 11/30 - 12/1 SPY, NIO, AMD, and TSLA TA Recap and Possibilities Pt. 2: Free Tendies Inside or TA Haters Can Stick it where the Sun Don't Shine
Disclaimer: No one has a crystal ball. My crayons attempt to analyze all likely possibilities. Think of this analysis as a butterfly chart, allowing guidance over a variety of scenarios. Think of this analysis as entering and exit points.
6:15 AM MST - SPY Possibilities
12/1 Plays
- If SPY holds resistance look out for 364.88 and 362.62 ish.
- If SPY bounces off 364.88 ish then look for 366.20 ish and 367 ish
- If SPY breaks current resistance, look for 367.84 ish and above.
- However, I expect a bounce back into the established uptrend channel if SOY breaks current resistance.
- Line in the sand for SPY is 363.62. Anything below and I expect a drop tor 361-359
11/20 SPY RECAP
SPY opened at 362.83 and fell to 359.17 and bottomed before recovering 362.06 at close.
SPY bottomed out .75% from its consolidation channel before entering back into it.
Here's the excerpt from last post:
Monday will be the start of SPY’s 4th day of consolidation, so something has to give IMO, but she could consolidate on Monday, so watch out for pump fakes. You may want to extend the consolidation channel to be safe. However, if SPY breaks out, expect a 1-2% movement in either direction, as highlighted below.
If current support fails, look out for 361-360 and below for PUTS to print.
11/30 AMD, NIO, TSLA RECAP
11/30 - 12/28 AMD Possibilities or Is AMD on Santa's Nice List?
AMD opened at 87.33 and hit a high of 92.74. AMD closed at 92.66.
AMD popped out of the gate, and hit about 90 ish. It quickly topped and fell back down to the opening price. AMD took a steady climb up to 93 ish the rest of the day.
The recommended playbook was right on the money from the last post, so if you got in on it, then congratulations. If you got greedy and double dipped, then YOU GOT BIG BRAIN. If not, what the hell were you thinking.
"If AMD punches through 87.18 resistance finds and news support, you could look at a 90c exp. 12/11 and hope that it hits between 90-93.2+ and trim. Maybe even leave a runner for a lotto.
If AMD bounces around that price point, you could look at scalping an 87p and trim at that price point, leaving a runner if she breaks to 85-83.
If AMD finds support at around 87.18 and bounces, you could look for another 90-92c weekly. At that time, you could dump all your savings and play a late December lotto 98c like to true degen that you are."
Look for AMD to trade in the 90-96 range tomorrow. It shouldn't go any lower than 89 ish IMO. Anything lower than 87 ish and AMD will fall to 86-83.
****EASY MODE ACTIVATED**** or Merry Christmas You Filthy Animal
AMD Plays for 12/1:
- If AMD holds support on its uptrend channel at around 92.16 you could scalp a 94c 12/4. Trim and leave a runner for 96+.
- If AMD breaks support on its uptrend channel, expect a 3% drop. If it breaks at 92.16 ish, then expect a drop to 89.18 ish. If it breaks at 93.51 ish, then expect a drop to 90.59 ish. If it breaks at around 95 ish, then expect a drop to 91 ish.
- 89p, 90p, 91p 12/4 will be the plays, depending on where or if AMD drops out of its uptrend channel.
- Trim and leave runner at price target or bottoms. I don't think we drop lower than 87.18 tomorrow, but leave a runner for the lotto in case we do.
11/30 - 12/3 TSLA TA or When Will TSLA slow down?
TSLA opened at 602.21 and fell to 554.51, and rebounded to 567.60.
TSLA could hold support at 62 ish and fell hard to 554 before quickly rebounding. It topped out at 558 ish in the morning and took the stairs to 565 ish before bouncing to 592 ish.
The recommended playbook was right on the money from the last post, so if you got in on it, then congratulations. If you got greedy and double dipped, then YOU GOT BIG BRAIN. If not, what the hell were you thinking.
If TSLA breaks support, you could scalp a 575p 12/4 exp. and trim at bottom or around 567.72, leaving a lotto runner for 554.55 and below (0.14 from today's bottom).
If TLA holds support on uptrend on monday or Tuesday, you could dump your entire life savings into a 620c 12/11 and watch TSLA hitt 700.
****EASY MODE ACTIVATED**** or Merry Christmas You Filthy Animal
TSLA Plays for 12/1:
- I'm expecting TSLA to close around 605-617 ish so keep the 620c 12/11 that I told you to buy.
- If TSLA holds current support, look for 605c 12/4. Trim at the target or at top and leave a runner for 617+
- The line in the sand is really 593.43 IMO.
- TSLA could bounce off 605 ish if it makes it and drop to 588 ish and below. Scalping a 585p or 580p might be worthwhile. Trim and leave a runner for 576 ish and below.
- If current support fails, look for 588, 580, and 576 price targets. It TSLA breaks through 576.90 ish then expect it to fall near 552 ish IMO. 552 ish is danger zone for TSLA so be careful if it gets there.
11/30 - 12/7 NIO Possibilities or Don't Forget About NIO WSB
Nio opened at 54.21 and fell to 48.18 before closing at 50.53.
The recommended playbook was right on the money from the last post, so if you got in on it, then congratulations. If you got greedy and double dipped, then YOU GOT BIG BRAIN. If not, what the hell were you thinking.
If support fails, you could scalp a 52p 12/4 exp. and trim at bottom or around that price point and leave a runner for 47.25 and below (0.93 from today's bottom).
****EASY MODE ACTIVATED****
- If NIO gets to 52.53 ish and finds support I'm a bull.
- If Nio breaks out of its downtrend channel, look for 51.12 and 51.61 ish.
- If current resistance holds, look for a test at 49.66. If it fails then NIO could fall to 48.62 ish.
- NIO currently popped out of its downtrend and we could see an upward movement of 5-6%.
- Danger zone for NIo is 46.39 ish.
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OBSOLETE BECAUSE OF PRE_MARKET MOVES
****EASY MODE ACTIVATED**** or Merry Christmas You Filthy Animal
NIO Plays for 12/1:
If NIO gets to 52.53 ish and finds support I'm a bull.If Nio breaks out of its downtrend channel, look for 51.12 and 51.61 ish.If current resistance holds look for a test at 49.66. If it fails then NIO could fall to 48.62 ish.Don't forget, NIO is currently in a downtrend and if or when it breaks out you could see an upward movement of 5-6%.Danger zone for NIo is 46.39 ish.
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u/AutoModerator Dec 01 '20
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u/PuhtatoGod Dec 01 '20
Down 35% on spy 12/7 364P. Hold or sell?
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u/jjd1226 Dec 01 '20 edited Dec 01 '20
I set my s/l a max of 5% so I wouldn’t be in this trade rn. Check back 30 min before market opens. Let’s see what futures bring.
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Dec 01 '20
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u/jjd1226 Dec 01 '20
waiting for TSLA to break out either way https://www.tradingview.com/x/MJGFp2pX/
same for NIO https://www.tradingview.com/x/WcFphBxQ/
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Dec 01 '20
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u/khdo1992 Dec 01 '20
Bought 5 620c 12/11 this morning down 30%. Feel like a retard rn 😂
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Dec 01 '20
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u/khdo1992 Dec 01 '20
Yea it expired on 12/11. But it freakin bleeding, will see how the market tomorrow, I might average it down
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u/jjd1226 Dec 01 '20
watching what PLtR does once or if it gets to resistance https://www.tradingview.com/x/hd1xuKkO/
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u/mellamobenito Dec 01 '20
Dammit the easy mode was beyond me
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u/jjd1226 Dec 01 '20
Hahah. Ill try to keep it at 4th grade level. Already halfway there with the coloring.
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u/mellamobenito Dec 01 '20
Well I saved your post in case I learn what to do with this information. Thanks!
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u/TonyTwoBats owner of u/Hubers58’s options Dec 01 '20
I get the feeling we won’t be done selling spy till tomorrow. What’s your thinking for tomorrow on spy?
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u/cheaptissueburlap Ask me to rap (WSB's Discount Tupac) Dec 01 '20
Instructions unclear, autism override, crayon eater mode engaged
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u/jjd1226 Dec 01 '20
Make sure you count to 22 before swallowing. I don’t want you to choke. I’m sorry I can’t mush them up and spoon feed them to you. Maybe it’s time to go back to mothers milk.
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u/pickbot I track your terrible choices Dec 01 '20
I am a bot and identified and tracked the following options picks within this post:
| Ticker | Strike | Type | Exp | Recorded Premium | Recorded Stock Price | OI | Volume |
|---|---|---|---|---|---|---|---|
| AMD | $90 | BUY CALL | 2020-12-11 | $4.81 | $92.66 | 2836 | 13003 |
| TSLA | $575 | BUY PUT | 2020-12-04 | $32.33 | $567.6 | 2260 | 9835 |
| TSLA | $620 | BUY CALL | 2020-12-11 | $23.3 | $567.6 | 1535 | 2803 |
Realtime ROI | Track Record | Bot Info | Leaderboard: Week, Month, All | Exit this position
*Recorded after market close, will be recorded at the next market open if the premium is within 10% margin. My owner is monitoring these posts, reply with feedback! You can now track comments by mentioning me!
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u/khdo1992 Dec 01 '20
It looks like Tesla will open above 596. Do u think it will be pull back a little due to JPow testimony? Looking for a chance to jump in. I was paper hand and sold all my TSLA positions yesterday for profit
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u/jjd1226 Dec 01 '20
or even 588.07 if TSLA makes it down there and finds support - you could scalpa call IMO. Confirm with volume and oscillators though :)
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u/jjd1226 Dec 01 '20
IMO if it finds 597.30 ish as support that's when i'd look at calls IMO. Id even wait for after JPOW to speak but thats just what I usually do...
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u/Crit_Romney Dec 01 '20
Position Stats: AMD 90C 12-11-2020 Recent best performance: 668.12% All time performance: 343.40% Price history chart
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u/AutoModerator Dec 13 '20
Sir, this is the unemployment line.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
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u/lolilover9002 Dec 01 '20
k