To The Moon

I opened 1 lot(s) $GOOGL 20240322 136.0 PUT$ ,Bad news for Google today means good time to sell cash covered put. I don't mind getting assigned 100 GOOGL at USD136.

$Tesla Motors(TSLA)$ Could this be a small head and shoulders pattern forming is the recent trading trend on Tesla? An Inverse Head and Shoulders pattern is a bullish reversal pattern in technical analysis that indicates a possible change in trend for an asset. It consists of three troughs, with the middle trough (the "head") being lower than the other two (the "shoulders"). The pattern suggests that after a downtrend, the asset's price may start rising. Traders often look for this pattern as a signal to buy, expecting the price to continue rising after the pattern is confirmed. Will be looking closely for the next couple of days if the stock is gonna trade higher before taking any action. Trade to consider,

Share Price Performance: The U.S.-listed Alibaba ( $Alibaba(BABA)$ ) fell 5.32%, while HK-listed Alibaba ( $Alibaba(09988)$ ) fell 6.35% year-to-date, outperforming the Hang Seng Tech Index, which has posted a -15.05% return year-to-date. However, BABA is currently trading at USD 73.39, which is still down 77% from its all-time high of USD 317. Source: Bloomberg, 14 Feb 2024 Technical Analysis: There is an inverted head and shoulders pattern in the making, which will be fully formed once it breaks above the neckline at USD78. The earlier inverted head and shoulders pattern successfully formed and propelled Alibaba's stock price to USD 119 in early 2023. While this pattern has worked well for Alibaba in t

$Alibaba(BABA)$ The recent performance of Alibaba Group ADR (BABA.N) has raised eyebrows among investors, as the stock is currently in a falling trend channel in the medium to long term. Despite the negative sentiments and challenges faced by the Chinese e-commerce giant, there are compelling reasons for buyers to consider the stock. I will delve into the key factors that may make Alibaba an attractive investment opportunity.1. Technical Analysis and Potential Reversal:The stock is currently moving within a rectangle formation, with support at $70.69 and resistance at $101. A decisive break through either of these levels could indicate a new direction for the stock. The recent 3.2% gain in December is a positive sign, and