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$GOOGL trade idea — Aug 7th 360 call 💡
📈 Trigger: 358
🎯 Target: 366
🛑 Stop: 351
GOOGL closed at 356.13, back above 355.79. It's been making lower highs under that downtrend from 408.61, and Friday's 358.58 high hit that line dead on. Break above 358 clears it and op
💫July was brutal for breakout traders. Saw tons of failed breakouts, wild swings near the zones, and no follow-through after the moves.
⏩Only took 3 trades all month.
#SPARC : Up 20%, sold most into strength.
#LLOYDSENGG : Tiny 2.4% gain (no follow-through)
#SOLARINDS
When you're in a solid theme, stocks are all breaking out of their patterns and climbing.
If you're scrambling to find just one or two decent charts in a sea of junk, that's not a strong theme.
Keeping an eye on NBIS hitting $170 next week. The short gamma magnet usually drags the price up to that level. That's probably a solid pullback zone before the next big push. Watching closely—don't sleep on it!
People who brush off gold in August are missing out.
Every year around this time,
what tends to show up is
‘the biggest trend of the year.’
Did you know that?
Look, I’m not saying it’s guaranteed.
But when I go back over years of charts,
August to September is w
It's wild how tiny our conscious mind really is and how rarely it actually drives things. It's the habits that run the show—habitual risk-taking, intentions, thoughts, desires, even our flip-flopping. All on autopilot, honestly.
You’ve seen it play out.
Over.
And over.
And over.
$100 option trades turning into $1,500.
That’s exactly why I never shut up about it…
Options can completely change where you’re headed.
Pick up the skill.
Rewrite your tomorrow.
Steve Eisman, the guy who called the 2008 crash, said on CNBC that he wasn't into a SpaceX IPO and thought the $1.75T price tag was ridiculous. Now $SPCX is down 50%, wiping out over $1.2 trillion in value. Maybe we should keep an eye on what he's doing next...
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Don’
Another good sign that showed up later this week was the dollar possibly failing its breakout. @RealSimpleAriel had doubts about the strength the whole time, mainly because so many were already long before it broke out.