AllllSevens Newsletter

For the week beginning 5/30

@AllllSevens
Weekly Newsletter

Disclaimer 
All of the information presented in this newsletter is for entertainment and speculation purposes only. I am not a financial advisor, I’m just having fun.
Trade at your own discretion.

Let’s dive in

$SPY- SPDR S&P 500 ETF Trust

Extremely bullish. Expansion to $440 is confirmed.

While inside this extremely bullish monthly setup, the weekly has it’s flaws.
A volume anomaly occurred on the break over $390-$395 which has yet to be retested. This does not mean I am bearish. What this means is if/when a sell signal does present itself, $390-$395 should be targeted.
In the mean time, trust in the monthly expansion and don’t let the lower time frame cloud what’s happening over the next few months.

NOTABLE OPTIONS FLOW

$80M 6/23 Bullish Call Spreads

$60M 7/7 Bullish Call Spreads

$3B 7/21 Calls Bought

$250M 7/21 Bullish Call Spreads

$40M 7/31 Bullish Call Spreads

$75M 8/18 Bullish Call Spreads

$1.5B 11/17 Calls Bought

$100M 4/19/24 Calls Bought

Very, very bullish flow on the S&P all week long…
Supports the monthly thesis tremendously. Notice how none of them are buying less than at least one month until expiration.

Now, let’s look at my favorite stock picks this week using institutional supply & demand with VPA & flow confluence.
Starting with my

TOP PICK
$QCOM- Qualcomm Incorporated

Bullish

$6.2M 1/17/25 Bullish Risk Reversal (Buying Calls & Writing Puts)
Paired with a 150K ($16M) share Order Block

After noting bullish accumulation the past few months, I am now getting my bias confirmed with a weekly bullish engulfing candle on large increasing volume. Expansion towards $119 is expected.

I want to see this volume price momentum translate to the monthly chart, which also shows bullish accumulation, but has yet to confirm.
Once the monthly confirms, it will be time to really lean into this move towards $155

$DLTR- Dollar Tree, Inc.

Bullish

$5M 8/18 Bullish Risk Reversal

Huge volume coming in to bounce this at key support where shares have previously been accumulated, confirming the bull bias.
Great flow coming as well, further confirming this bull bias.

$U- Unity Software Inc.

Bullish

$5.8M 6/16 Bullish Risk Reversal
Paired with a 1.5M share ($45M) Order Block

Bullish accumulation.
2 weeks ago this had a large bullish impulse which would typically confirm my bull bias on this accumulation. However, It wasn’t a clean candle close over $30, so I held off, and this has been chopping just under resistance since.

Price has formed 2 inside weeks since the bullish impulse…

I’m watching this closely for a breakout over $30 soon.
Especially since this options flow confluence I have is so closely dated.
I currently have no position and I’m not interested in buying in while it is inside this large range. I am a buyer at $25 or on the breakout only.

$QS

Bullish

$1M 8/18 Bullish Risk Reversal

Inside a very bullish consolidation stage. 4 Inside bars.
I see $7 getting hit and $7.50’s getting tested at least

$HD

Bullish

$2.5M 7/21 Put Writing

Great accumulation patterns on the monthly chart-
Weekly volume is really picking up after this recent earnings beat.

Lines up especially well with the overall $XLY Consumer Discretionary Sector

$PLUG

Bullish

Great pop last week, bringing this chart one step closer to the monthly thesis being confirmed.
I’d love to see this $8 level retested and a strong bounce to further confirm my bias on the Daily time frame. I’ll be buying shares here most likley.


All of the levels shown on my charts are DARK POOLS
They are institutional volume shelfs.
A.K.A. price levels of highly concentrated institutional volume.
The best supply and demand levels I have ever used.

If you want access to option flow data and these dark pool levels for yourself
Use this link below for 20% off your first month of BlackBoxStocks

http://staygreen.blackboxstocks.com/SHMs

And there’s more-
Also get options flow alerts on your phone from BBS like the one below from 5/18

PLUS
Get access to the BBS discord
PLUS
Education seminars all month long to teach you how to use the service

For bonus content, you must sign up for AllllSevens+ below!
It’s only $7 per month and a great way to show your support!

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