Asphen
Asphen
No personal profile
412Follow
1920Followers
13Topic
0Badge
avatarAsphen
04-24 06:22
Poor earnings results but big moves due to the "cheap car" plans. Good rescue by Elon. @melson @TigerStars @macroB @CaptainTiger @Deposit
@Asphen:Upcoming earnings will define TSLA direction. Looks bearish to 96 if negative reaction
avatarAsphen
04-21

Simple levels for AMD to buy in - 133 and 110

Price action update (21 Apr 2024) - Any bounce likely to see reaction at 165 - MA5 is below MA20 and both below MA50 also - Very likely going towards key levels of 133 and 110 before down to 85 My plays - Will finally take some positions at 133  - and if broken down, will wait till 110 and then 85 Good luck, all AMD Daily- 21 Apy 2024 @melson  @TigerStars  @macroB  @CaptainTiger  @Deposit   $AMD(AMD)$  
Simple levels for AMD to buy in - 133 and 110
avatarAsphen
04-21

Upcoming earnings will define TSLA direction. Looks bearish to 96 if negative reaction

Price action Update (21 Apr 2024) - As shared previously, 145 to 160 is a mysterious range of play - TSLA is now navigating between that range, heading down to 145 - MA5 and MA20 are close to one another, but MA5 looks to break below significantly soon - Breaking down below 145 would see 134 not holding well and 119 being a significant stand - Extreme bearish-ness from earnings will see target of 96 My plays - Nibbled shares since 180 - Sold puts strike 145 - Will see earnings on 23 Apr to see whether to secure more shares if it reaches 119 Good luck, all! TSLA Daily - 21 Apr 2024 @melson  @TigerStars  @macroB  
Upcoming earnings will define TSLA direction. Looks bearish to 96 if negative reaction
avatarAsphen
04-21

Will GOOG continue to 163 or struggle below 155 down to 137?

Price action (20 Apr 2024) - Price action at key level 155 ==> Also where MA5 is touching MA20 now - If MA5 cross below MA20, then is bearish - A cross below MA20 would mean 163 no longer in play and a break below 155 - Look for a back test of 155 on the way up  - Any failures will mean continued bearishness to 137 - Note the earnings on 25 Apr 2024 ==> a negative reaction will certainly mean 137 coming up! My plays - Been nibbling GOOG shares since months back - Cost base 130 - Sold puts strike 143 and 135 Good luck, all!! GOOG Daily - 20 Apr 2024 @melson  @TigerStars  @macroB  
Will GOOG continue to 163 or struggle below 155 down to 137?
avatarAsphen
04-21

AAPL breakdown below key level 169; Bounce then 155?

Price action (20 Apr 2024) - MA5 yellow below MA20 green ==> bearish - All MA lines are pointing downwards - Breakdown below 169 (key support) last week signal bearish - A bounce could still happen with resistance backtest at 169 - A failure of test of 169 would certainly bring 156 or 155 into the target My plays - Been nibbling small amounts - Had been selling puts (Strike 165 but closed last week safe) - Had been reselling puts strike 145 (next key level support) Good luck, all! AAPL Daily - 20 Apr 2024 @melson  @TigerStars  @macroB  @CaptainTiger &nbs
AAPL breakdown below key level 169; Bounce then 155?
avatarAsphen
04-10

FinTech Plays - SOFI and PYPL

SOFI starts to move, upside to 11.01 and 12.23 (54% from current) Accumulating as patiently and as fast as i can haha SOFI Daily - 10 Apr 2024 Continued faith shows through....nice.  PYPL indeed strengthens from inverse cup and handle, with a firming of the neckline 65 broke, backtested and now playing out the bull flag.  Target 74 and 76 Go go go! yay! PYPL Daily - 10 Apr 2024 @melson  @TigerStars  @macroB  @CaptainTiger  @Deposit   $SoFi Technol
FinTech Plays - SOFI and PYPL
avatarAsphen
04-07

TSLA - Tale of 2 levels!

Price action (8 Apr 2024) - Simply, 2 key levels to test - For bullish, 182 must be broken above - For bearish, 161 do not hold and break below - MA5 and MA20 are near to each other ==> uncertainty for now - Likely sideways above 160 or settle between 146/160 until earnings on 23 Apr 2024 - 8 Aug news on Robotaxi might wear out if give rise to a few days of run coming week Will continue to nibble on the way down. Remain long on TSLA.  Good luck, all! TSLA Daily - 8 Apr 2024 @melson  @TigerStars  @macroB  @CaptainTiger  
TSLA - Tale of 2 levels!
avatarAsphen
03-30

Good counters, simple plays! AAPL still looks good to me!

Price action (Update 31 Mar 2024) - Double top breakdown has played out - Multiple support has been found at 170 - Inverse Cup could play out with a bounce to Fib 61.8 (185) and then come back down - But for now, support off 170 looks good and watch for a break above 180.  Once step at a time.  My plays - Nibbling shares since the breakdown from 175 - Will continue nibbling down to 155 where I see the next key support! Good luck, all! AAPL Daily - 31 Mar 2024 @melson  @TigerStars  @macroB  @CaptainTiger  
Good counters, simple plays! AAPL still looks good to me!
avatarAsphen
03-30

TSLA remains good above 160; Key to get over 182; Key Q1 delivery numbers next week!

Price action (Update 30 Mar 2024) - Since the bear flag rejection off 209, 199 broke and it has since found a good bounce off the "miracle range 160-145" - The last time we tested 160 was back in Apr 2023 - Past action between 160 and 182 had been weak price action but recent had shown some volume - Positive is MA5 is now touching MA20 and a positive cross will bode well for break above of 182 Bullish - Simply need to break 182 and 199/209. Failing any of these levels will just mean bearish! Bearish - Another test of 160 will likely mean a break below towards 150 and 145 and 134 down to 119 My plays - Continued holding since accumulation of shares down to 160 - Will increase positions if 160 breaks below and take at 145 - Sold puts strike 145 Good luck, all! TSLA Daily - 31 Mar 2024
TSLA remains good above 160; Key to get over 182; Key Q1 delivery numbers next week!
avatarAsphen
03-30
Options and Nibbling to build portfolio has been my approach in Q1 2024 and so far yielded 1% per month in profit (3.5% Jan to Mar, yielding about 13k USD).  With market at a high, options was more cautious on strikes and longer dated to capture the lower strikes.  Had also been nibbling on shares of counters in my portfolio that have become good value due to any FUD and over-reaction to bad results or news.  Hot on $Veeva(VEEV)$ $Amazon.com(AMZN)$ $Alphabet(GOOG)$ $Tesla Motors(TSLA)$ $Apple(AAPL)$   Go
avatarAsphen
03-24

BTC Quick Update

Price action shows a weakness.  MA5 has gone below MA20 and if BTC cannot make it above 67K (the arrow pointing to MA20), and get rejected, we are seeing BTC down to 58K and then 52K So be ready for the weakness. BTC Daily - 24 Mar 2024 @melson  @TigerStars  @macroB  @CaptainTiger  @Deposit  $ProShares Bitcoin Strategy ETF(BITO)$   $iShares Bitcoin Trust(IBIT)$  
BTC Quick Update
avatarAsphen
03-24

PYPL continues recovery well; Target 81 possible! 73 first!

Price action (Update 24 Mar 2024) - Have been positive of PYPL price action past months since the basing from mid 2023 (still basing and firming) - Basing well, inverse head and shoulder also forming well.  - Neckline about 65 about to be breached (broken and back tested now) - Break 65 and we are talking about 50% gap fill (70) and full gap fill (73) with a target up to 81/84 Bullish - Key stay above 65 and head for 70, 73 and then we see 81-84 come into the play Bearish - 58 need to hold and hold well My plays - Been holding to quite some shares for some time - Once break of 65, will sell puts strike 58 for uptrend plays Good luck, all PYPL Daily - 24 Mar 2024 @melson  
PYPL continues recovery well; Target 81 possible! 73 first!
avatarAsphen
03-17

WGO to soften with earnings on 21 Mar; But how bad?

Price Update (17 Mar 2024) - WGO had fallen (about 11%) in sympathy with THOR etc past weeks - Earnings on 21 Mar will further put a dent into WGO recovery with a guidance towards weakness - But where will it go? - Trend channel points to a support around 62 - Bear flag extension points to 62 also but a super bearish extension goes to 55 - The higher rates for longer will impact the recovery of WGO Bull Case - It fills gap up to 66 (50%) and full gap fill of 68 Bear Case - Earnings negative reaction brings it to test 62 with a further softening to 58 or 55 where base is found My plays - Cost base of 55 in shares and puts strikes 62 and 58 - Accumulation of more is set at 55 Good luck, all WGO Daily - 17 Mar 2024 @melson  
WGO to soften with earnings on 21 Mar; But how bad?
avatarAsphen
03-17

Star performer in my portfolio - VEEV has a technical chart

Price Update (17 Mar 2024 - reference weekly chart) - Above weekly MA50  - Is testing the resistance level of breakout of the accumulation range (164 to 232) - It could fail the test of breakout this time and will depend on where it pulls back to - If it stays above mid point of accumulation range (199), bullish future remains - Weekly Chart - MA5 and MA20 are above MA50 Bull Case - Break 232 enroute to 267 (has to stay above 232 - Failing the breakout, getting back into range, it must stay above 199 but importantly to note how it handles the 2 fib golden level of 208 and 192 - If pullback stays above 192, then Fib extension points to 267 as a possible target Bear Case - Breaks below 232 and remains in range and need to build momentum for another push for break - Possibly down to 16
Star performer in my portfolio - VEEV has a technical chart
avatarAsphen
03-17

20Mar FOMC to rug pull market? S&P500 breakdown leads to AAPL losing 170 support?

Price Update (17 Mar 2024) - Think most can see a big double top forming with break of neckline going to 140 (but we are not there yet so don't assume) - Key level is 170 and if that breaks, look for key levels below  - Fibonacci levels are 165, 155 and then 140 - Trend channels point to some good form of support at 155 - Special Note : 20 Mar FOMC Rug Pull possibility Bull Case - Stays above 170 (nothing else) Bear Case - Break below 170, bound for 165, 155 and then down to magical range 135/140 My plays - Nibbles continues at key levels increasing base as we near 135 - Will look to nibble more at 155 as it has a good shelf of support Good luck, all AAPL Daily - 17 Mar 2024 @melson  
20Mar FOMC to rug pull market? S&P500 breakdown leads to AAPL losing 170 support?
avatarAsphen
03-17

TSLA - Limited Bull Case; Mostly Bear Case

Price update (17 Mar 2024) - Did not get above 209  - Bear flag played out, with extension levels coming into play - Approaching key range 145-160 (shared in many past posts) - Thurs/Fri hit the 160 box and bounced (will it hold?) - Key is below 160, there is little structure to support TSLA ==> Means below 160 really depends on where the sentiments come back in - Special Note : 20 Mar FOMC Rug Pull possibility Bull Case - Long road, need to get above 182 and then 209 Bear Case - Fib extension levels are 150, 134 and 119 - 150 is one of the last good level to reference from - Note Jan 2023 buyers stepped in at 101 My plays - Not selling puts for now since 160 below is lack of support (probably wait till 119 - Will nibble at key levels (150 down to 101) Good luck, all TSLA Daily
TSLA - Limited Bull Case; Mostly Bear Case
avatarAsphen
03-15
@Asphen:Failure to break 209, and stay above 200 ==> Bearish TSLA?
avatarAsphen
03-13
bearish plays seems to be playing out. 175 broken down through. Will we see bulls fightback or we are going to roll over to 160 and 145? @melson  @TigerStars  @macroB  @CaptainTiger  @Deposit
@Asphen:Failure to break 209, and stay above 200 ==> Bearish TSLA?
avatarAsphen
03-09

AAPL becoming interesting again; Good levels are approaching!

Price update (9 Mar 2024) Macro View - Uptrend from 2020 - Last breakout point was about 123 - Range of interest (previous tested) between 135 to 140 Zoomed in View - Neckline 180 was broken down from  - 175 did not hold - Gapped down and now holding at 170 - Another neckline needs to hold at 170 - Weak support but will see some hold at 165 160 155 with 155 being a stronghold - Key region of interest is between 135 and 140 (previous strongholds) Bullish - Has to break back above 180 and stay above Bearish - Any rejection at 180 and 170 would mean 155 target My plays - My nibbling started at 175 - Next nibble is at 165 (sold puts)  - And then 155 (will nibble shares or sold puts once seeing how 170 gets sustained) Good luck, all! AAPL Zoomed View - 9 Mar 2024 AAPL Daily - Macr
AAPL becoming interesting again; Good levels are approaching!
avatarAsphen
03-09

Failure to break 209, and stay above 200 ==> Bearish TSLA?

Price action update (9 Mar 2024) - Reference previous analysis, key levels noted.  - Fail to get above 209 - Fail to hold above 200 - MA5 crossed below MA20 - Lower low formed below 182 - Backtested 182 on 8 Mar failed  - Rejection below MA5 yellow  Bullish  - Need to simply get above 182 then 199 then 209 Bearish  - 175 now becomes key level  - Fail to hold, will look for basing formation and candles at 160 down to 145 Good luck, all! TSLA Daily - 9 Mar 2024 @melson  @TigerStars  @macroB  @CaptainTiger  
Failure to break 209, and stay above 200 ==> Bearish TSLA?

Go to Tiger App to see more news