AAPL long opportunity, Retrace into support.AAPL long from $170.34. Looking for $190.00 over the next few weeks. AAPL hit a major support level, bounced and has now retraced back down to the support level. Along with that, the market staged a nice reversal day yesterday closing only slighty lower, signaling a SHORT TERM low is in place. I am expecting to see a move up into the end of the year, then down we go again.
Fastmoney
Counter Trend Scalp For October WTI Crude Oil FuturesFollowing Thursday’s moderate retracement, the sky has been the limit for October WTI crude oil futures. Since the traditional New York pit open at 9:00 AM EST, prices have risen more than $.50.
The Trade
Counter-trend scalps beneath $70.00 are likely to produce positive price action. Sells from $69.92 with an initial stop at $70.01 produce 5-8 quick ticks.
This is a counter-trend play, so the risk profile is a bit greater than usual. The goal of the scalp is immediate and positive price action. Be sure to have the stop loss in the queue at $70.01 before the trade is taken.
An easy way to find stocks at their top (maybe bottom too)Hello, tired of checking hundred of charts and forums etc?
No problem, CNBC is making it easy for you, calling people to buy at top's on a daily.
Not much explanation needed here, this is really simple and straightforward.
This could save us alot of time, with CNBC we can get trade setups quite often.
It is sufficient for someone trading stocks "on the side" as a second activity, second to FX or crypto.
www.cnbc.com
media.discordapp.net
www.cnbc.com
twitter.com
Not much more to add, it is at least a great way to check short setups you might have missed.
Got to check their site regularly thought.
Seriously, if you hunt for trades, just go check CNBC make a list ofd their "hot" recommendation, put that in a watchlist, and soon enough you will get a setup going against them.
XVCUSD set up for a spike upwards. price action of XVCUSD consolidating at the resistance level at the wedge apex following a multi month trend line. A breakout to the upside would mean a return of 80% until any real resistance at $1.2968.