Swing play are for expiration 2 Weeks or higher, if you are a new trader. Please buy monthly contracts only until you master consistency & are a profitable trader.
- Fib level Color Explanation Purple(6m), Red(Yearly), Blue(Quarterly), Pink(Monthly)
Unicorn members please see Video Section for these tickers.
M
Potential Weekly 2-1-2up
Price close or above the monthly .50 as well as the Yearly .50 level
How to Play?
- As long as price holds $21.81 it will trigger the 2up and if price fails that level then a TTO will go into affect.
- The ideal Buy Zone is the monthly retrace at $21.94 and you want price to get above $22.46
- Price Target for the week is $22.86 $23.39 $23.83
- Invalidate under $21.81
SBUX
Potential Weekly 122down
Price rejected the weekly BF and looks to be heading to the monthly retest area.
How to Play?
- The ideal Buy Zone is the weekly retrace and rejection of $107.67
- Price Target for the week is $106.23 $104.62
- Invalidate over$108.00
BYND
Potential Weekly 2-1-2up
I like how this ticker tested that monthly area and bounced, so a re-test of the monthly BF is expected.
How to Play?
- Buy on the test of the Q Trigger $17.23 or the weekly test area of $16.67, as long as $16.26 holds price should continue.
- Price Targets $17.99 $19.46
- Invalidates below $16.26
BAC
Potential Bullish Randy Jackson
Price has been in a channel for a while and it’s likely that this Bullish RJ will play out.
How to Play?
- Price is at the current Buy zone and as long as it holds $35.37 its good to go.
- Price Targets $35.78 $35.99 $36.26
- Invalidates below $35.22
