MSFT is at Support, Here’s the Next Stop
BY LICIA LESLIE September 21, 2023 Hi Shoppers, Check out the chart in Microsoft (Ticker: MSFT): It is sitting precariously at a pretty significant support level. If it closes under $315, look out below. The next stop will be $304. If MSFT manages to bounce here, it will go back to $330. By the looks […]
A Doji in TSM, Perhaps?
BY LICIA LESLIE September 20, 2023 Hi Shoppers, Taiwan Semiconductor (Ticker: TSM) has bounced off my support level yesterday: It also created the tiniest little doji. Sometimes the smallest doji can be the most powerful. Remember the doji signals a change in the trend, in this case, the downtrend. […]
SQ is on the Move
BY LICIA LESLIE September 15, 2023 Hi Shoppers, JP Morgan Chase (Ticker: JPM) has had a nice pop which we were able to take advantage of in my Option Shopper trading program. We paid $1.14 for the Sep22 148 calls on Wednesday and sold them yesterday for an average of $2.17. That’s over a 90% […]
JPM Room to Run
BY LICIA LESLIE September 15, 2023 Hi Shoppers, JP Morgan Chase (Ticker: JPM) has had a nice pop which we were able to take advantage of in my Option Shopper trading program. We paid $1.14 for the Sep22 148 calls on Wednesday and sold them yesterday for an average of $2.17. That’s over a 90% […]
DAL Bounce
BY LICIA LESLIE September 13, 2023 Hi Shoppers, Look how Delta Air Lines (Ticker: DAL) has traded to the bottom of my pitchfork: The question is where does it go from here? It is quite possible that yesterday’s candle is a teeny tiny inverted hammer signaling a change in this […]
A GM Hammer
BY LICIA LESLIE September 10, 2023 Hi Shoppers, Check out the hammer in General Motors (Ticker: GM): We have confirmation on Friday, also. GM will run into some resistance at those previous highs just under $34, but beyond that it has room to run to that convergence of the 50 and 200 day moving averages […]
AMZN Looking Bullish
BY LICIA LESLIE September 8, 2023 Hi Shopper, Check out the large bullish candle created in Amazon (Ticker: AMZN) yesterday: Also, look how it has held that 50-day moving average support. It has bounced off of it five times now. That makes for a great stop-loss level. I think […]
XOM Shooting Star
September 6, 2023 LICIA LESLIE Hi Shoppers, The energy sector has had a really nice run. Crude oil futures have been up for eight days straight. Check it out: And look at yesterday’s candle. It’s looking like a doji and it’s up against some resistance on my pitchfork. […]
AAPL Closing the Gap
September 3, 2023 LICIA LESLIE Watch for Apple (Ticker: AAPL) to trade away from that support/resistance level at $190-$191 created by that gap on August 3rd. Here is a look at the historical volatility versus the implied volatility: The implied volatility, which is the pricing of the options, is trading at a point lower than […]
RCL Up or Down?
August 30, 2023 LICIA LESLIE Hi Shoppers, Call me crazy but I like to look at two different charts for each stock I am analyzing. It gives me two different views. And I may catch something on one chart that I missed on the other. My first chart has my pitchfork […]