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Icantw84it

BBY Bestbuy Trades to watch for this week #1I am going to post about 5 trades or more to watch for every week. Rules are simple. Step 1-Watch price action wait for it to respect the trendline...Preferably the bottom trend line. Step 2-When price stops, bounces, wicks back up over the trend line. That would be your first sign to get in. Step 3-If you are more patient or skeptical, wait for price to move away from the trendline and then come back to it. When it repeats the Step 2, that's your trigger to get in. Step 4-Make sure you have at least 30 days on whatever option you are picking. Step 5- Try to pick a strike price that is at least the last previous High or the top of the candle after a gap down. (AkA in the money or slightly out of the money no more than that.) if you have any questions please feel free to comment below on whatever it is and I will be sure to answer. If you aren't asking questions you aren't learning. by iCantw84it 05.24.2021
NYSE:BBYLong
by iCantw84it
6
SPCE Virgin Galactic Broken down 7 different ways no indicators You don't need fancy indicators, algos, AI, Bobs approval from down the street, or even that one kid who made 100k and lost it all on WKHS meme stocks, (because he doesn't know how to trade) to tell you what's going on. You don't need news or to find a lucky penny, you can even let the rabbits keep their feet. I broke this down into 7 different ways you can look at this chart. I am not even using the indicatiors I have on there. 1-3 is a break down of trend lines and how price follows breaks and comes back to an area to give you Three ways you can find a way into this stock. (3. being the safest place to enter any trade) 4. Is using an old trend line and identifying exactly where we are today on that trend and what was the result. Does it respect the Trendline? Does it ignore it? 5. Is taking price actions new angle being formed after it has come back down to its old trendline. Drawing a upward trendline to predict the high on any given day and what to anticipate from it moving forward. 6-7. is a break down of Wyckoff methodology accompanied with the Curves Stages (My own personal brain child) paired together to give a reference as to where Institutional buying is present. Also take note that this is done a Daily Chart which will result in better movements into the directions you are wanting to follow this into. You can do this on a 15 min chart but it will result in smaller moves.
NYSE:SPCELong
by iCantw84it
Breaking down Wyckoff into 5 steps called the CURVEBefore I knew what wyckoff was, I saw something in the market and studied it 12 hours a day for 8 months. Even made a rule set for it. It wasn't until 2 months ago I started looking to find the missing pieces of the puzzle. Thats when I found wyckoff. Wyckoff is the technical step by step version of what the curve is, except I can explain the curve in 5 steps vs 16-24 over 4 different variations and 4-8 different variations of that. It's a little too much for the avg person. The curve is purely visual and easy to understand. In this video I go over Facebooks price action and correlate that to both wyckoff and the curve. If you would like to see more videos like this please like follow subscribe, and leave a comment below. This will help me guage if there is a need to learn more. I have acquired savant syndrome , 1 of 33 people in the world, who have gained a talent after a traumatic brain injury. At first it was just art and painting. I never was great at drawing and I couldnt paint before the wreck. 11 staples later I was paint portraits near realism and spray painting 50ft by 50ft buildings, even though I had never held a spray can before that. I started looking at charts 9 months ago and have spent more than 12 hours a day since looking at them. The curve is my baby, I found wyckoff a few months ago. Together it gives me a vast understanding of whats happening in the market and where price should go. I combine this with some other things I have found in the market to plot trend lines that should envelope Price action and even predict the highs and lows as it moves. I use these trendlines not to predict really but to give me a non emotional trigger to either get in or stay out of the market. If Price Action respects the trendlines, then this would be a stock I would play. My target is the highs and lows of the trendline. Simple enough. I have started with an extremely small amount of money and have made more that 5 x my money which is hard when you can't really play stocks that are known for moving because they cost more. Finding cheaper option plays that are going to pop with momentum is what I have used this with in order to build my account large enough to play stronger more stable option plays like HD GS etc... Thanks again for watching, iCantw84it 05.15.2021
NASDAQ:METAEducation
by iCantw84it