$VSAT +10% today btw
$SMH 🐻
My lack of interest in buying the last week was correct.
Now, I'm considering actually hedging for a loss of this support.
$VIX
$SMH 🐻
Coming back to retest my last buy zone after a sharp rejection in the same area that sparked this entire correction.
I'm a little less eager to buy here again so soon.
$SMH put chasers absolutely obliterated. Perhaps it's time to actually try a hedge now?
AllllSevens retweeted
$QQQ 🐻
Quarterly hanging man (three months of chop) into a tweezer top (failed ATH) has created some bearish momentum in the market.
$QQQ 🐻
Same read potential imo
Looks like the "perfect" bounce spot, but really this is a support that has been tested a million times in the last 4 months and this time it's coming off a big failed ATH breakout.
Just feels off.
I'd rather take my chances with put hedges.
Sooner or later I will have the conviction for another newsletter like this. I'm still here. Just waiting.
$PAYC
I've spotted some unusual institutional volume & price patterns on $PAYC creating an extremely compelling short-term upside reversal pattern, perfect for call options.
But the true risk-to-reward lies on in the longer hold...
Check it out! 👇
allllsevensnewsletter.beehii…
I'm now up +20% on my $HAS buy last month.
+40% from initial in-depth thesis outlined below.
Updates all throughout.
It's now been seven months off the +30% swing high for $HAS
July was the largest buy volume EVER for the stock...
PEG consoldation.
My multi-year thesis here seems to remain fully in play.
I'm adding.
This is absolutely not when you want to be selling semiconductor stocks imo
Yeah, things *might* get worse short-term.
(will only be obvious in hindsight)
All we actually KNOW is that $SOXL has seen a significant LACK of institutional sell pressure from highs.
With heightened activity soaking the dips.
New three months lows last week is not a sell signal.
It's retail getting closer and closer to capitulation before the sector sees an even larger rally than the last.
$SOXL 🐂
This is a massive bullish consolidation. Period
Not where you want to be de-leveraging semiconductors long-term
It's when you accumulate them
$SMH +$12 and back to $530 today. Put chasers smoked.
So again, this just feels like where you get tempted to buy deep OTM $SMH puts but in fact it just remains choppy and cooks you.
Might work... but it's a dangerous game. Can't overstay your welcome.
Good spot to roll profits if remaining hedged at the least.
$UAL 12/18 115c @ 2.10
$UAL 🐂
Largest daily buy volume since the ATH rally this summer just came in.
With textbook inefficient seling and accumulation throughout this entire -30% decline.
Does not get much better than this.
These patterns are textbook.
This is all happening after price has broken out, now retesting an 8 year resistance as support.
$CCJ 🐂
Now quarterly trend.
Swear buy volumes are gonna step in here before too long.





































