{"id":6412,"date":"2016-10-19T09:31:31","date_gmt":"2016-10-19T13:31:31","guid":{"rendered":"http:\/\/www.thet3trader.com\/?p=6412"},"modified":"2016-10-19T09:31:31","modified_gmt":"2016-10-19T13:31:31","slug":"scott-redlers-chart-attack-spx-googl-baba","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2016\/10\/19\/scott-redlers-chart-attack-spx-googl-baba\/","title":{"rendered":"Scott Redler&#8217;s Chart Attack: SPX, GOOGL, BABA"},"content":{"rendered":"<p>This morning the SPX futures are pretty much flat as things feel stuck below 2144-2149 but above 2114-2124. We'll patiently wait to see which way this resolves as company earnings are released. Individual names will be better to focus on as there is more movement in them, for now.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-6415\" src=\"http:\/\/www.t3live.com\/blog\/wp-content\/uploads\/2016\/10\/spx-10_19.png\" alt=\"spx-10_19\" width=\"700\" height=\"700\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/10\/spx-10_19.png 700w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/10\/spx-10_19-150x150.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/10\/spx-10_19-300x300.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/10\/spx-10_19-100x100.png 100w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>Google (GOOGL) finally gave a cleaner move above $816-820 and hit as high as $828.81. If you sold some strength buying into this $820 zone, it would be good if it holds for additional gains thru earnings. My 2016 target is north of $850.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-6414\" src=\"http:\/\/www.t3live.com\/blog\/wp-content\/uploads\/2016\/10\/googl-10_19.png\" alt=\"googl-10_19\" width=\"700\" height=\"700\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/10\/googl-10_19.png 700w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/10\/googl-10_19-150x150.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/10\/googl-10_19-300x300.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/10\/googl-10_19-100x100.png 100w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>BABA was another great focus from my 2016 report. It has been the most active for us since we listed it back at $81-$85 and then $93.50 and again at $95. At this point, it is near weekly highs and it looks like all time highs can happen this year. Right now, it's digesting above $99 and I may look into a different option strategy for next quarters earnings.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-6416\" src=\"http:\/\/www.t3live.com\/blog\/wp-content\/uploads\/2016\/10\/baba-10_19.png\" alt=\"baba-10_19\" width=\"700\" height=\"700\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/10\/baba-10_19.png 700w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/10\/baba-10_19-150x150.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/10\/baba-10_19-300x300.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/10\/baba-10_19-100x100.png 100w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This morning the SPX futures are pretty much flat as things feel stuck below 2144-2149 but above 2114-2124. We&#8217;ll patiently wait to see which way this resolves as company earnings are released. Individual names will be better to focus on as there is more movement in them, for now. Google (GOOGL) finally gave a cleaner move above $816-820 and hit as high as $828.81. If you sold some strength buying into this $820 zone, it would be good if it holds for additional gains thru earnings. My 2016 target is north of $850. BABA was another great focus from my 2016 report. It has been the most active for us since we listed it back at $81-$85 and then $93.50 and again at $95. At this point, it is near weekly highs and it looks like all time highs can happen this year. Right now, it&#8217;s digesting above $99 and I may look into a different option strategy for next quarters earnings.<\/p>\n","protected":false},"author":4,"featured_media":5099,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[173,213,97,14,105,7,8,57],"class_list":["post-6412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-baba","tag-chart-attack","tag-googl","tag-scottredler","tag-spx","tag-stock-market","tag-stocks","tag-trading"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/6412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=6412"}],"version-history":[{"count":0,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/6412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/5099"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=6412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=6412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=6412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}