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.
SQ- Roll Over Play
Potential 22 Continuation play from last week.
Price is right at the last month .50 and still inside on the month currently.
How to Play?
- What I like most is that potential Bullish Randy Jackson on the 3week chart to support the continuation up. You guys remember last year when we played SQ, we rolled it over for a couple of weeks.
- The ideal Buy Zone is $77.05
- Price Target for the week is
- $82.70
- $84.29
- Invalidate under $77.05
ROKU
Potential Weekly 1-2-2UP
Price got back above the Quarterly 22Rev Trigger and still inside on the month.
How to Play?
- The ideal Buy Zone is the weekly retrace & Quarter Trigger at $63.30
- Price Target for the week is
- $66.12 Weekly Trigger
- $68.10 6month .50
- $70.95
- $75.14 overall target however not sure it will reach that target this week.
- Invalidate under $62.41
MSFT
MSFT is back on the menu this week with the potential 22reversal up.
Still inside on the month, so it’s anybody’s ball game.
How to Play?
- Buy zone weekly retrace $250.62 or Weekly trigger and hold $255.62
- Price Targets
- $256.84
- $258.06
- $261.12
- Invalidates below $249.43
