DevoT (@devot_10) 's Twitter Profile
DevoT

@devot_10

CA working in the gold mining industry. Equities/option trader. Sports enthusiast. We're all here to make money so let's share the love!

ID: 1022880049924456449

calendar_today27-07-2018 16:23:02

3,3K Tweet

380 Followers

1,1K Following

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$MSOS $MSOX wonder why it's pumping? Elliott Wave Theory told me it was coming. Port is absolutely pumping today. Still holding full position in $MSOS and $MSOX commons and Jan 2026 4c bought at an average of $0.42. Sold June 3c bought between 0.12-0.15 at 0.36 for a nice win.

$MSOS $MSOX wonder why it's pumping?  Elliott Wave Theory told me it was coming. Port is absolutely pumping today.  Still holding full position in $MSOS and $MSOX commons and Jan 2026 4c bought at an average of $0.42.  Sold June 3c bought between 0.12-0.15 at 0.36 for a nice win.
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Sold $GLDD commons for 5.5% gain and June puts for only 12%. The latter was up over 50% yesterday, but should have been more given the 2.50%+ drop which was odd to me. Gold looks like it wants higher very short-term. Medium term path TBD at the momen.

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Wave 3 off the lows is likely in or close to it. Could see a correction down to $2.75 before the final wave 5 starts.

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Still three options on the table for $MSOS. Two are very bullish and one is very bearish. Current move from $2.61 to $3.03 looks like an ABC, so downside targets are $2.55 to mid $2.40s

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I told you 2 months ago $MSOS was going to pop at least 50%. It's +60% from the lows and it's just getting started. Still stand by my target of $6-$7. I wouldn't initiate new longs here. If we get a pullback to mid-$2.50s you buy with both fists.

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After closing out $MSOS positions on April 30th, I re-entered $MSOS and $MSOX commons yesterday and 1st tranche of Jan 4c at $0.43. Got the retracement to mid-$2.50s as forecast 2 weeks ago. If yesterday's low holds, I see $4.80 in the cards.

After closing out $MSOS positions on April 30th, I re-entered $MSOS and $MSOX commons yesterday and 1st tranche of Jan 4c at $0.43.

Got the retracement to mid-$2.50s as forecast 2 weeks ago.  If yesterday's low holds, I see $4.80 in the cards.
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$MSOS Potential for Wave C to complete very soon. Hit the GP retracement today which is a standard Wave 2 pullback target. As long as above $2.40 I will stay in this play. LT target is still $6-$7.

$MSOS Potential for Wave C to complete very soon.  Hit the GP retracement today which is a standard Wave 2 pullback target.  As long as above $2.40 I will stay in this play.

LT target is still $6-$7.
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Gotta admit when I'm wrong. Leaning much more heavily into $MSOS bottom not being in. Unless a miraculous weekly close over $2.55, then we'll see $1.95-$2 on the downside.

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$MSOS move off the lows has a clear 5-wave structure to me. $2.55 target for this move before an ABC correction....then fireworks 🚀

$MSOS move off the lows has a clear 5-wave structure to me.  $2.55 target for this move before an ABC correction....then fireworks 🚀