twocowz

03:00

twocowz Updated 

Commentary for Tuesday morning 6/4/24 in regards to Open Options activity for SPY options expiring 6/7/2024. Happy Trading,

twocowz Updated 

This may be a good opportunity for a breakout in Bloomin Brands. We have reached the lower swing and are looking for support at current level. Setup an alert to $27.30 and take a long one it goes above. Happy Trading,

twocowz Updated 

Commercial Aviation ? why not ! There has been lots of turmoil around breakdowns and various accidents. Support in said mechanical components will be important and will remain so. As such I am convinced that the sentiment in this segment of the aviation industry will experience an increase in this company's share price. As we've witnessed a market structure...

twocowz Updated 

I like Mohawk Industies a little lower to go long. There is a FVG around $100 per share and I would set an alert to go long at that position. If you wish to go short in the next 2 weeks, I would tread carefully and exit with a quick TP. Otherwise setup an alert for price to reach $102 and hit buy from there. Happy Trading,

twocowz Updated 

I understand there may be some noise in the market regarding weight loss drugs, as such it has created a bit of a rift in prices of healthcare services relating to patient diets, lifestyles and procedures, could also be COVID lag/residue etc. At this time however the Senior Living sector is expected to grow in America substantially in the next decade, thusly...

twocowz Updated 

I like longing Entegris here, we are fast approaching the ERL but within the IRL range and as such I am looking to take a long here to target 131 at the big gapper from February 8th. First week may provide some boosts with earnings tailwinds but some selling may carry at open. If the first three digits read 120 I am jumping in. Happy Grazing,

twocowz Updated 

Although SG is on its way to 50% retrace from the high, I foresee more opportunity to the downside, particularly at the $16 mark to go long. Setup an alert for SG crossing $16 to go long, otherwise take a brief short expiring in the next 2 weeks. Happy Trading,

twocowz

Good Morning Grazers, Little birdie is showing close to 20m puts expiring on Friday April 26th with strike 510 , by the same token the biggest $ on puts is 490. In addition there is some heavy concentration of both at level 505 which may be a 'hot' level this week so be mindful entering S or L at that level. If you consider Friday the ERL of SPY we are heading...

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For those who get it done, The recent downtrend may be a result of erosion in other hardware manufacturers or simply profit taking but I don't see Grainger going anywhere. This is a great gap of liquidity that was waiting to go long and I will be seeing a bounce in the next week. From what I understand their ordering platform is great and unrivaled that of their...

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I cant really make sense of price action related to historical enrings for this company, clearly I need to dig further .... That being said, I like this opportunity as going long here based on the swing low. Logistics will continue being errored by the transpiration powerhouse which is Amazon but these companies are continuously working on refining themselves. I...

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I like Scotts Miracle Grow here, for the longest of times I thought they ran a monopoly on the garden business , I worked at a hardware store in mid 2000's and the brand is well known and recognized by all. With the continued consolidation at this level , I'd like to give them a chance and make the trek higher to reach $75 per share before resuming the...

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This is a great opportunity to LONG Sunoco. The gas station chain is among others around the nation refining itself and with gas currently selling there will be a rise in demand for the summer months in addition to heightened tourism. Recent market structure change resulting in higher price will continue to $61 per share. Exercise long in the next 2 weeks or...

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Based on 50% retracement I foresee Rumble heading lower before it goes back up. Setup an alert for 4.8 to go long at the next best discounted fair value. There is also an opportunity to take the short ill then from current position if you will. Happy Trading,

twocowz

Good Morning, Here is my plan for December 7th for 0dte on the QQQ symbol. I have outlined some personal levels of support and resistance on chart including yellow horizontals to provide better visual of entry and exists. We want to hit the long when the price breaks or dives below 385.26 We want to go short when price breaks or shoots above 387.70 As of the...

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Good Morning, Here is a plan for November 30th for 0dte on the QQQ symbol. Got the highs and lows highlighted : We want to hit the long when the price breaks below 389.08 We want to go short when price breaks 392.10 As a rule of thumb, we want to procure 3 strikes away from ITM. So for longs we want to go for 391 calls , for puts we go 389 puts respectively...