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Ownsov

Short AMAT @ 113.49 Breakout FractalAMAT is just below the daily Balance Line, and just above the weekly Balance Line. Price crossed a couple days ago the last daily fractal and tested the Balance Line and failed to cross it. This presents a good entry opportinuty. The weekly presents good accumulated energy to be used in a down move. Stop loss is price closing above the Balance Line (red). Target is whenever the trend ends, which is also signaled by price closing above the Balance Line.
NASDAQ:AMATShort
by ownsov
Short ROKU @ 62.00 Fractal BreakoutAlligator's mouth is closed on the daily and price is close to the Balance Line on the weekly. Price is below both Balance Lines. This does not look like a setup appealing to Bulls (if you see any bullish pattern please let me know). If the 62 weekly fractal is broken, there should be little resistance to the downside. Stop loss as always is a close above the daily Balance Line. We'll ride the wave (if there is one) as long as it last, so target will be (as always) also a close above the daily Balance Line. Cheers.
NASDAQ:ROKULong
by ownsov
Short ABT @ 107.45 Breakout FractalABT just closed below its last bearish fractal of 107.55, and after having wandered around the balance line june 28th. This falls in line with an apparent rejection of the balance line on the weekly, so we have the current price below both the daily and weekly balance lines. Weekly showed its first read bar on the weekly today, so everything about it looks like a good bearish opportunity. However, no one know where the market is headed so as always, stop loss is a close above the daily balance line, and target, whenever the trend ends, also signaled by closing above the daily balance line.
NYSE:ABTShort
by ownsov
Short CAT @ 205.53 Fractal BreakoutCAT crossed downward the last daily fractal of 202 on may 10. One day after, there is still a red zone bar, bearish divergent that provides an improved opportunity to enter. Williams theory dictates that a Blue Light special would be entered after crossing the las lowest low, this would mean tomorrow (may 12) crossing below 203. 59 (todays low). Im shorting today however, at 205.53. First confirmation would be crossing below 203.59 and then below 202 again. Stop loss is price closing above the Balance Line (red). Target is whenever the trend ends, which is also signaled by price closing above the Balance Line.
NYSE:CATShort
by ownsov
Long HOG above 40.87HOG just broke the latest daily fractal of 39.14 to the upside. Entry 1 above this price. Adding 5 when and if price goes above the weekly fractal of 40.87. Remember that the Alligator tells us when to enter and exit. Stop loss is the Alligator's Teeth (red line). It is also the last exit point when the trend ends. First exit may be the lowest low of the fifth consecutive green bar (zone bar). Chart shows only last short position, which was closed and reversed to the upside.
NYSE:HOGLong
by ownsov