I’ve been busy this morning after a market wide scan of charts over the long weekend. Just going to share here some of the charts and entries so you can mock me when none of them pan out. 😉
1. $DBD
The last time DBD fell into a zone close to oversold with regards to the Optex Bands, it saw a swift reversion higher. Playing for that same move here.
Long Feb $22.5 calls this morning.
2. $SSYS
Wedge pattern coming into VPOC coinciding with the 78.6% retracement of the March to May rally. Daily bar leaving lower shadow showing buyers defending.
Long Feb $22.5 calls this morning.
3. $AMFE
Playing in the garbage heap, but I’m not above it. Took 10k shares of this one looking for a pop to 20 cents.
4. $PAH
I joined Bill Ackman in $PAH but I’m sure for much different reasons. Trend support, wedge pattern. Like it long term. Took a half position starter at just over $10.00 for a long term hold, 6 months to a year.
Back with more soon.
Hope you all had a nice break with your family and friends.
OC