My ideas and a possible swing, lets see!
- $TTD Calls 2-1-2u > 103.79
- $XEL Calls 2u-1-2u > 67.03 swing!
- $AEP Calls 3-1-2u > 84.49
- $PYPL Puts 2d-1-2d < 187.53
See below for details…
Did some 4-hour charting today, because I was reminded that those 4-hour inside bars are very powerful if they break out, so I’ll wait for the trigger as always and of course not every trigger works. Tight stops and 25-40% profits to stay green is the target for today. 4-hour time frame is on the bottom right of my charts and the triggers are marked in yellow.
Disclaimer: No advice, instead these are my ideas based on my knowledge analyzing the charts for possible swing trades based on #TheStrat. So please always do your own due diligence before entering a trade.
$TTD 11/26 107c (1.00) 2-1-2u > 103.79
Possible 2-1-2u Bullish Reversal above 103.79 in the 4-hour chart, Monthly candle is still green so watching the call side here. Since it’s a 2-1-2u cnadle first target is 107.75 from yesterdays high, no other targets and will take profits for sure here.To view the charts in full detail, click to open them in a new browser window
$XEL 12/17 70c (.28) Calls 2u-1-2u > 67.03 swing! Flow as well!
The only setup with a daily trigger. Possible 2u-1-2u Bullish Continuation on the daily with a possible flow follow as well. FTFC up, also 2u Monthly in force with possible targets 68.50, 69.55, 70.42.
Flow special XEL 1/22 65c (2.60)
Also I did see some flow incoming yesterday which is rare for XEL looking in BBS history back to July 2021, note the 01/21/2022 and 12/17 blocks and sweeper from last week.
So if you’r not on a small account, the 65c for January would be an entry if we trigger 67.03 (see above) as well.
$AEP 11/26 85c (1.25) 3-1-2u > 84.49
Possible 3-1-2 Chicago Continuation on the 4-hour chart with targets at 85.05 and 85.57 as only targets. Slow mover so not expecting a huge breakout.
$PYPL 11/26 180p (.94) 2d-1-2d < 187.53
Possible 2d-1-2d Bearish Continuation also on the 4-hour chart with first target at 184.29 and nextr would be the break of 180.00 down to 178.60. FTFC is deep red already so next monthly magnitude is low of November 2020!