TLT: Strong Buy in My Radar List - Feb. 26
Technical Analysis (TA) & Price Action
TLT (iShares 20+ Year Treasury Bond ETF) has been steadily climbing, breaking through key resistance levels and forming an ascending trendline on the 1-hour chart. The price action suggests continued bullish momentum with a breakout above $91 and potential for further upside.
Key observations:
* Trend Structure: TLT is in a clear uptrend, forming higher highs and higher lows.
* Support & Resistance:
* Major Resistance: $92.50 (PUT resistance) and $93.50 (2nd PUT Wall)
* Key Support: $91 (current breakout level), followed by $90
* Stronger Support Zones: $88 - $87.79
* MACD Indicator: Showing bullish momentum, with signals aligning for continuation.
* Stoch RSI: Slightly overbought but still has room for further upside before a pullback.
Options Flow & GEX Analysis
The GEX (Gamma Exposure) indicator highlights a strong call concentration at $91, indicating a potential gamma squeeze if price holds above this level.
* IVR (Implied Volatility Rank): 39.6, with IVx avg at 15.9%, signaling moderate volatility.
* Call Side Bias: 17.9% of options flow, supporting a bullish breakout scenario.
* Key GEX Levels:
* CALL Wall Resistance: $92 → Breaking this level could push toward $93.50.
* PUT Support Zone: $88 - $87 → A breakdown could trigger downward momentum.
Trade Plan & Suggestions
📌 Bullish Trade Setup (Preferred Play)
* Entry: Above $91 with confirmation (sustained hold above resistance).
* Target 1: $92.50
* Target 2: $93.50 (2nd PUT Wall)
* Stop-loss: Below $90
📌 Bearish Alternative (Hedge Play)
* Entry: Below $90 with volume breakdown.
* Target: $88 → $87
* Stop-loss: Above $91
Final Thoughts
TLT is in a strong bullish structure and could see further upside if it holds above $91. Options data suggests a gamma squeeze toward $92-$93.50, but failure to sustain $90 could bring a retracement. Keep an eye on volume confirmation before taking positions.
📢 Risk Management: Adjust position sizes and stop-loss levels according to your risk tolerance.
🔹 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and manage risk accordingly before trading.
TLT (iShares 20+ Year Treasury Bond ETF) has been steadily climbing, breaking through key resistance levels and forming an ascending trendline on the 1-hour chart. The price action suggests continued bullish momentum with a breakout above $91 and potential for further upside.
Key observations:
* Trend Structure: TLT is in a clear uptrend, forming higher highs and higher lows.
* Support & Resistance:
* Major Resistance: $92.50 (PUT resistance) and $93.50 (2nd PUT Wall)
* Key Support: $91 (current breakout level), followed by $90
* Stronger Support Zones: $88 - $87.79
* MACD Indicator: Showing bullish momentum, with signals aligning for continuation.
* Stoch RSI: Slightly overbought but still has room for further upside before a pullback.
Options Flow & GEX Analysis
The GEX (Gamma Exposure) indicator highlights a strong call concentration at $91, indicating a potential gamma squeeze if price holds above this level.
* IVR (Implied Volatility Rank): 39.6, with IVx avg at 15.9%, signaling moderate volatility.
* Call Side Bias: 17.9% of options flow, supporting a bullish breakout scenario.
* Key GEX Levels:
* CALL Wall Resistance: $92 → Breaking this level could push toward $93.50.
* PUT Support Zone: $88 - $87 → A breakdown could trigger downward momentum.
Trade Plan & Suggestions
📌 Bullish Trade Setup (Preferred Play)
* Entry: Above $91 with confirmation (sustained hold above resistance).
* Target 1: $92.50
* Target 2: $93.50 (2nd PUT Wall)
* Stop-loss: Below $90
📌 Bearish Alternative (Hedge Play)
* Entry: Below $90 with volume breakdown.
* Target: $88 → $87
* Stop-loss: Above $91
Final Thoughts
TLT is in a strong bullish structure and could see further upside if it holds above $91. Options data suggests a gamma squeeze toward $92-$93.50, but failure to sustain $90 could bring a retracement. Keep an eye on volume confirmation before taking positions.
📢 Risk Management: Adjust position sizes and stop-loss levels according to your risk tolerance.
🔹 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and manage risk accordingly before trading.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.