Triple_Barrel_Capital

Triple_Barrel_Capital

NASDAQ:AMD Possible Support Area Recent price correction with declining volume. Possible reversal imminent. Near term target: $140 range by mid to late August *Note: Opinion, not investment advice.

Triple_Barrel_Capital

$FLNG LT Chart - Possible downtrend breakout underway after recent consolidation above 50d ema line. Medium term target: $37.50-$40.00 range possible by May (20%+ upside) Note: This is not investment advice. Opinion only.

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$SPY Long Term Chart - Possible Downtrend Breakout Not a recommendation, just an observation. This could be the beginning of a new long term uptrend - though it's dependent on a lot of different macro & geopolitical factors in the next 3-6 months. (i.e. inflation readings, FED actions, war in Ukraine, etc) Q1-Q2 2023 could begin to see a rotation out of...

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$QQQ The Nasdaq is now within striking distance of long-term support of the 200d ema line, which has held as support for the last several big market sell-offs. Volume has been decreasing leading into this week after peak selling the first week of May. No telling where this could go longer term, but this is now looking like an attractive area for a short/medium...

Triple_Barrel_Capital Updated 

$RIVN Rivian Oversold - Lockup Expiry Sell-Off This $20-$22 range looks like an attractive risk-reward scenario in my opinion. Insider/early investor lockup period expired earlier this week, driving the large sell volume yesterday. Big earnings call tomorrow reporting on a quarter where deliveries were ramping up - expecting a positive market reaction. For...

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$LYV Live Nation - Possible Buy Zone w/ 20-25% possible upside near term Live music industry has come back strong over the last 6-9 months. I'm a buyer here as long as this doesn't break and close below $93. Look for a bounce back above $100 near term. Near term target: $110+ by mid-June Note: This is NOT investment advice. Opinion only.

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$LMT Lockheed Martin - Breakout, Retest, Bounce Candidate Assuming $440 support level holds this week, monitor for a bounce toward $500 level medium term. Medium Term Target: $500-$520 range by Q3'22 For an options play, I am looking to go long the Sep 16 22 $450 calls going for around $25.00 currently. If I was forming a spread to limit risk I would be...

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Humana fairly rangebound for the last six months. Tested ~$470 key resistance level six times unsuccessfully. Monitor for a breakthrough and close above this level. Once this occurs we could see an overdue strong move to the $600 area by 1H of 2024. Long Term Target: $580-$615 range by 1H '24 I plan to play this using LEAP options. I'm looking at the $450 and...

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$SPWR Possible Buy Zone in the $18-$20 range. Setting SL just under $18. Medium term target: $24 by early February NOTE: This is not investment advice.

Triple_Barrel_Capital

$HUBS HubSpot - Possible dip buy opportunity here at support. Solid company in a strong uptrend for past year+. Medium term target: $850-$900 range by mid-January Note: This is NOT investment advice. Educational only.

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$ROKU Oversold - Buy the Blood This is the most oversold this stock has been since the pandemic market lows of March 2020. I'm expecting a bounce here sometime in the next week. Great company with solid earnings. This selloff is overdone in my opinion. Avg analyst price target is about $408 right now, with vast majority giving it a Buy rating. Near term target:...

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$AMZN Buy Zone at Support Amazon retracing and bouncing off $3,600 support today after a strong week last week. Been in a strong uptrend since early November. Black Friday / Cyber Monday catalysts upcoming. Expecting this to break out to fresh high near term. Near term target: $3,800 by early December Note: This is NOT investment advice. Educational only.

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$LLY Bullish Pennant, Unusual Options Activity $360M of January'22 deep in-the-money calls bought today (8-9x open interest) On watch for a daily close outside the pennant (topside). Near term target: $300-$310 range possible by early December Note: This is NOT investment advice.

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$BKKT Bakkt Bullish Options Flow - $364M of deep in-the-money Nov 19 calls traded today with earnings coming up next week. Stock bounced off $32 support in the final hour of trading today. On this multi day down move volume has been declining, signaling a possible reversal coming. Keep in mind short interest remains high on this stock 20%+ so if this gets...

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$ABNB Airbnb reported earnings after hours today, beating EPS and revenue estimates. Stock is currently flat in AH trading but did run up 3% today. I'll be keeping a close eye on this at the open tomorrow...after crushing the earnings options IV this could start to run toward $200 throughout the day tomorrow assuming the overall market sentiment remains bullish...

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$BLNK At Support, Bullish Options Flow - High probability of a near term bounce from this area. Monitor for a daily close over the 9d ema. Unusual Options Activity - Bullish short put traded today 3k $40.00 deep in-the-money December puts SOLD today for $4.1M Near term target: $32-$36 range possible by Halloween Note: This is NOT investment advice. Educational only.

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$ORCL Long-term Breakout on Weekly Chart - look for a close above $91 this week for confirmation. Unusual options activity today... $11M in Jan'2023 deep in-the-money $30.00 LEAP calls bought today (11x open interest) Medium term target: $100-$104 range by early December Note: This is NOT investment advice. Educational only.

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$JPM Long term Breakout, Bullish Options Flow Over $500M in Jan'2022 deep in-the-money calls bought yesterday (roughly 10x open interest) Medium term target: $200-$210 range by Q1 Note: This is NOT investment advice. Educational only.