Live Trading

Category: Profits in Pumps

MRK Heading to $122

BY LICIA LESLIE  May 29, 2024 Hi Shoppers,   Merck (TIcker: MRK) has broken below key support with a very large red candle: Looks to me the next stop will be $122.   Shopping for options, I like the Jun21 expiration: The 126/121 put vertical looks fairly priced.   Use a close above $127.50 as […]

XBI Looking Lower

BY LICIA LESLIE  May 26, 2024 Hi Shoppers,   The SPDR BioTech ETF (Ticker: XBI) has rejected the median line on the pitchfork and is trading lower: Once it clears the most recent lows at $88 it will trade down to $82.79.   Thanks for Reading … See You Next Tuesday, Licia Leslie

Ford (Ticker: F) has revisited the support level

BY LICIA LESLIE  May 24, 2024 Hi Shoppers,   Ford (Ticker: F) has revisited the support level it has bounced off of four times since February: That support coincides with the 50 day moving average.   I think F will trade $13.00 and possibly $13.75.   Shopping for options, I like the Jun21 expiration: The […]

Where Will NVDA Go?

BY LICIA LESLIE  May 22, 2024 Hi Shoppers,   Nvidia (TIcker: NVDA) reports earnings this afternoon.   We all know how the earnings reports can really make a stock move and NVDA is a mover.   My pitchfork support and resistance levels are like magnets for these stock gaps.   I would say in close […]

Bullish Engulfing Candle in AFRM

BY LICIA LESLIE  May 19, 2024 Hi Shoppers, Affirm Holdings (Ticker: AFRM) is sporting a very bullish engulfing candle created on Friday: The stock has been honoring the support of the 200 day moving average and is now bumping up against the 50 day moving average.   Watch for a close above there, $34, and […]

INTC Ready to Close the Gap

BY LICIA LESLIE  May 17, 2024 Hi Shoppers,   Intel (Ticker: INTC) looks ready to take the leap and close the gap created on April 26th: Watch for a trade over $32.26 and then it will be on its way to $34.50.   I like calls expiring next week: The 32 calls seem fairly priced. […]

AAPL to $200

BY LICIA LESLIE  May 15, 2024 Hi Shoppers,   Apple (Ticker: AAPL) has cleared the consolidation since its gap higher: Yesterday it closed over the old resistance, now new support at $186.60 and is clear to trade $200.   I would like to give this time, so I am shopping for calls in the Jun21 […]