@AndrsGu84182968 ‼️🚨
Lets go! Im glad you found our breakdowns useful, we always try to lean a way so we’re not like others giving hindsight posts 😂.
Calma.
Structurally bullish news here for $CVX and any oil-related names. $HAL is one to keep at the top of this as well as they're rumored to be a significant supplier of equipment....
Sooo, if you're a GTA enjoyer and a trader, maybeeee this can set up for a little downside on $TTWO. Not super serious to the average person, but the longtime fans are not going to want to wait that long just for online.
4H chart looks like it wants to viciously test that 200SMA. Lower highs and lower lows started being made towards the beginning of August, and now it's been on the downtrend for the last few weeks.
TTWO is on the -GEX side of the regime, so dealers are positioned to catch some downside here. 250.00 has served as a previous area of resistance before with +GEX heavily sitting up in that spot. The most likely scenario in the meantime is gonna be a test again of that 230.00 spot, which happens to line up as the PBZ and 200SMA. Believe it or not, if we can break below the PBZ then that VP @ 210.00 which is also a good chunk of -GEX.
Premiums on contracts aren't too pricey, so a downside bet 0-21DTE could be worthwhile here....
Remember to always enjoy your weekends and time away when the market is closed. It's perfectly normal have some thoughts here and there, and it's normal to hop back on the saddle Sunday night to prep for the week, that's called hunger.
What's not normal is being consumed by charts on Saturday, or skipping out on plans with your friends or family because you're thinking about the market, that's not hunger that's addiction. You got into trading to create financial freedom, not to constrain yourself even further with analysis and charts.
It's the weekend, 90° and rounding out the dog days of summer, the best time to the year. Step outside, enjoy the day with the people you love, and always remember to stay present.
Keep putting in the work when it really matters, and everything will take care of itself.
Happy Saturday....🤞
Who are the Dough Boys? A group of youngin’s tryna give our insights on the markets ‼️
You can probably guess who writes each post as we all have different personalities and ways that we write, but we truly hope you guys found what we post useful! At the end of the day we just some CHILL dudes.
It’s only been a month, but thank you to those that do read our posts/follow us.
We are on Grind Team Six mode 😈
Jaxon: @jaxmaberry
Noah: @noahkwill
Jetts: @alexoberloh
Creation: @CreationaIIy
Cyth: @kuyaathai
What if we told you the reversal was then reversed again? $SPX
Just some absolutely demonic behavior by the dealers today. The run up was nice, but it's also important to remember this:
Options are always priced to favor the dealer (seller). While these huge run-ups and selloffs are nice, options sellers are not gonna be caught too deep offsides. Sellers will do anything in there power to be able to reposition the odds back into their favor....
$INTC 🚨
Revisiting since we have now hit the 88-90 target from said post below. Now this zone has became a decent support for limited upside as of this intraday heatmap update. ⬇️
Above 92 you can attack 95-97 then psych target of 100. Downside levels are back to the low of this week for next week towards 85-86.
$NKE 🥾
We think $NKE has bottomed and is higher into Sep/Oct. It held 38-39 well and we’ve talked about this in previous breakdowns. If it did go to 35, thats still a long, this is not a no revenue company.
Updated heatmaps into the close BELOW ⬇️
You can see if we base above these PBZ’s we’ll see a slow staircase up to that 44-45 node with all that long gamma dampening the move. But you’ve seen other consumer stocks like $ANF shoot up.
Obviously DYOR, but risk is still to the upside in our opinion the trying to take more meat off a destroyed bone to the downside.
$RDDT 🐱
Reddit Heatmap Update into the close ⬇️
We are basically at the same levels as we were prior in the quoted tweet below.
Above 160 we have a shot towards 170. Downside below 150 is 148 and 145.
This is still one of the better software names. Nodes match with the 4HR SMA’s.
$SPX $SPY $QQQ $IWM
CORE Heatmap & Thoughts✍️
Even if it might just be copium, SPX does look to have found a potential local bottom at this level with the OnSight node right below us @ 7710. SPY & QQQ both have their OS nodes higher @ 775 & 720, potentially leaving room for some more upside into EOD. IWM has its OS node sitting below @ 295 with it being in -GEX.
Overall, maps look a bit messier compared to the reads they were giving on the run-up and then the lunchtime selloff. The market certainly could use the weekend to fully digest the commentary from Jackson Hole today.
IWM is the ugly duckling in our opinion. If the market is truly starting to believe that rate hikes are back on the table, the Russell 2000 might be in trouble. It's important to remember that small-caps are rate-sensitive, so if that hike comes to fruition IWM might use that massive -GEX OnSight node as an accelerant into a flush....
$AA
Alcoa Heatmap + Visual Levels below UPDATE ⬇️
Daily MA’s line up with the nodes, you have a golden cross incoming with a good flag setup at a nice demand zone, upside targets to 53-55-57/8 zone.
Downside below 49 is 47-48 and then gap fill around 45 and change.
STILL A VERY NICE LOOKING CHART, better RR than other names. + if metals want to go higher, this chart looks good.
$DRAM 🚨
So it’s just been consolidating and levels are still the same. Heatmap + Visual Levels BELOW updated. ⬇️
Above 55 is 57-58 and then 60 to 62-ish area which is resistance.
Downside targets is back to 53 and then 50 below the GEX Flip + PBZ.
Right now the chart is not as bad, you could say its a bit of a flag on the 4HR, less bearish now and leaning a bit bullish into next week. Will post $MU with the chart as well. Looks decent.
$MU ⌨️
Chart + Heatmap Visuals Updated BELOW ⬇️
SMA’s are getting tight on the hourly and the heatmap supports that its in a box right now ready to breakout the upside PBZ or bottom PBZ.
Upside past the top PBZ is 950-970 and then the 1000 to prev wick high.
Below you have 917.5-20 area down to 900 and then 875.
Does NOT look that bad. 21DMA is still holding as well.
$UBER 🚗
When we posted this update on $UBER it was 70, but it has been such a slow mover. Way better now though, and it just did a 200DMA retest.
Chart + Heatmap Visuals BELOW ⬇️
78 is a good support to go to 80-83-85.
Downside is still good support at 75-76 with DMA support from the 21. Below that is 73 and then 70.
Chart still looks good to go higher here, looks like a typical 200DMA retest. Don’t like this name under 75 which is a key PBZ.
$ASTS 🔭
Heatmap + Visual Levels BELOW ⬇️
57-58 seems to be a good put floor but below that is 55 where this put sell was, below that PBZ is a shot down to the low 50’s. Has support at the 100WMA + S/R Flip.
Topside is 60-62 and then 65-66 (lines up with 9WMA resistance, attacking 70.
From a chart perspective, this looks SOLID. Leaning more bullish than bearish purely from TA. @TK_StockTalk
$APP 📲
Congratulations if you played $APP for the short term, let us know if you did play this one! It was @CreationaIIy more favorited setups.
We originally just wanted anywhere between 315-320 but got more than that! Rejected at 21DMA.
Heatmap + Visual levels below, we’re most likely done with this name until later since targets got hit🚨
Below 320 is 315, 310 and shot to 300 psych zone again, upside is back to test 21DMA + Upper PBZ to try to break towards 340.
LETS GO!