"The key to making big money in stocks is to align supporting fundamentals with constructive price action during a healthy overall market environment."
@AllenBuyverson If there's a stock you want to buy and hold long term, just sell naked puts on it and exercise if it goes itm. Then just sell covered calls until you exercise and flip back to naked puts. Rinse and repeat
@AllenBuyverson Imo I blame the oil companies. What's best for them is usually never the best for everyone else. Their leverage is to fuck with supply and when govt steps in to unfuck it, it just snowballs all out of control with oil companies and govt playing tug of war
@imeta420@137Billy Less clear now since US NG prices dropping fast from the recent catalyst. I'm just watching support levels but seems like it's going to take a bit longer for TELL to get moving again. Who knows though, lots of NG volatility rn
$TELL pulled back and held $4 support. Showing a H&S with upward sloping neckline. Given the strength in the energy sector and upward sloping neckline, I think a push upwards is more likely than a break down past neckline
@137Billy Tough question because there are so many different scenarios that can happen. Best suggestion is to just study specific patterns and learn what they do in different situations. I also prefer to play once I get confirmation instead of entering early in anticipation of confirm