Stock-trading
AABA in Distribution phase.I wanted to check a few stocks around today but AABA was the 1st one I saw. Set up screaming for a trade. Stop entry at $79 with a tight S/L, T/P at $71. I am about to sleep so I might have miss something but RR is good enough to sleep on it (if the order fill). Now if you wonder why I am taking this trade G O O G L E Wyckoff Logic Distribution Phase.
Not a Financial advise bla bla...
Trade Safe
GOOG : Will the summit test again?GOOG Weekly chart
GOOG : Will the summit test again?
I think yes
Because the indicators are positive
Volume positive weighted
The final closing is the bollinger top band
It turned from the bollinger subband so, will try the top band again.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .
SPCB is Non-Long TermSPCB is great for some short holdings over the next few month. However during the last 5 years, and up until recently it has been filled mostly with negative correlations. There are some expected positive correlations that may keep it worth holding onto until first quarter 2018. However, lots of the technology they have seem a bit outdated compared to overall market competition. Also, though it is a good company, not as much room is open for expansion of a company their size and history. It is possible for a turn around, however, lots of what they are creating is outdated compared to what is out there now. Overall, I call it investible with high risk for a short holding that can accept some decent returns. This is especially true given their recent contracts. However, I don't expect a long.
AMD potential buying opportunity AMD has fallen 9% since taking profits. There are some technical levels that the stock could find support. I'm still Bullish on this stock. With a new chip and earnings being released at the end of the month, I expect the upward trendline to hold. I'll look to buy when there is a confirmed bounce.
This trade has a risk to reward of 9:1.
Post thoughts!
SONS - Flag formation Long from $7.84 to $8.77SONS seems forming a flag formation. It had a nice pull back and in the hourly frame it seems getting in a point of breakout.
* Trade Criteria *
Date First Found- April 26, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $7.84
Exit Target Criteria- $8.77
Stop Loss Criteria- $7.33
Please check back for Trade updates. (Note: Trade update is little delayed here.)
FOMX - Fallen angel type Long from $4.47 to $5.33FOMX had huge decline & now it is forming up a nice fallen angel bottom. If it can break above its SMA20 it can fill the gap up to $5.33 easily.
* Trade Criteria *
Date First Found- May 1st, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $4.47
Exit Target Criteria- $5.33
Stop Loss Criteria- $4.07
Please check back for Trade updates. (Note: Trade update is little delayed here.)
ECH - Potential short at the break of SMA50 ECH seems building some momentum to the down side. It is a basically short on CHILE. we are watching it for potential shorting opportunity at the break of 50SMA ($42.77)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
CHD- Upward channel breakdown short from $49.32 to $48.25CHD seems breaking down from an upward channel. It crossed down the lower channel line & seems it will go down further. We are looking for a quick short opportunity here.
* Trade Criteria *
Date First Found- May 1st, 2017
Pattern/Why- Upward channel breakdown
Entry Target Criteria- Break of $49.32
Exit Target Criteria- $48.25
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
SRNE - Fallen angel type short term Long from $2.08 to $2.63SRNE seems forming a fallen angel formation. It may not be ready for a long term up trend but certainly ready for a short term push. It also has big insider buying on the 19th April. However We would look for a smaller play as stoploss is quite big here.
* Trade Criteria *
Date First Found- April 26, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $2.08
Exit Target Criteria- $2.63
Stop Loss Criteria- $1.58 (May consider $1.64)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
HDSN - Flag formation, potential intraday Long entry opportunityHDSN also forming a flag formation. Looking very good. We are keeping it in watchlist for potential intraday Long entry opportunity.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
SONS - Watching for intraday aggressive Long opportunitySONS seems forming a flag formation. It had a huge gain today breaking through the moving averages with huge volume. We are keeping this in our watchlist for those who want to look for intraday aggressive entry opportunity
Please check back for Trade updates. (Note: Trade update is little delayed here.)
CDTI - Flag formation Momentum Long from $3.63 to $4.23CDTI seems breaking out of a Flag formation. It is picking up some volume recently. It also had good Insider buying in December. We think it will be a good long if it can break above $3.63
* Trade Criteria *
Date First Found- April 26, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $3.63
Exit Target Criteria- $4.23
Stop Loss Criteria- $3.27
Please check back for Trade updates. (Note: Trade update is little delayed here.)
You can check detailed analysis on -- in the trading room/ Executive summary link here-
www.youtube.com
Time Span- "
SRNE - Fallen angel type short term Long from $2.08 to $2.63SRNE seems forming a fallen angel formation. It may not be ready for a long term up trend but certainly ready for a short term push. It also has big insider buying on the 19th April. However We would look for a smaller play as stoploss is quite big here.
* Trade Criteria *
Date First Found- April 26, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $2.08
Exit Target Criteria- $2.63
Stop Loss Criteria- $1.58 (May consider $1.64)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
RECN- Upward Momentum Long from $14.25 to $15.75RECN looks a very good Long setup. After a huge decline, recently it is showing strong upward momentum. However for a good entry we would like it to pull back a bit.
* Trade Criteria *
Date First Found- April 24, 2017
Pattern/Why- Upward Momentum Trade
Entry Target Criteria- Break of $14.25
Exit Target Criteria- $15.75
Stop Loss Criteria- $13.67
Please check back for Trade updates. (Note: Trade update is little delayed here.)
FPRX - Fallen angel type Long from $34.31 to $39.23 FPRX is forming a nice fallen angel pattern. It had a huge decline, and now getting some upward momentum. For entry we are looking for a break above its SMA50.
* Trade Criteria *
Date First Found- April 24, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $34.31
Exit Target Criteria- $39.23
Stop Loss Criteria- $31.73
Please check back for Trade updates. (Note: Trade update is little delayed here.)
CAMP - Flag formation Long from $18.13 to $19.77CAMP seems forming a possible flag formation. For breakout confirmation it need to break high of today ($18), and as flag continuation it can go around $19.80
* Trade Criteria *
Date First Found- April 24, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $18.13
Exit Target Criteria- $19.77
Stop Loss Criteria- $17.43
Please check back for Trade updates. (Note: Trade update is little delayed here.)
HOG- Upward channel breakdown short from $55 to $45, 55 Aug put HOG was running within an upward channel formation, which broken just recently. We think with the falling oil price it will decline further. According to Upward channel breakdown we got target or $45.33. To play this we would consider $55 Aug-17 puts
* Trade Criteria *
Date first found- April 20, 2017
Pattern/Why- Upward channel breakdown, Falling Oil price
Entry Target Criteria- Break of $55.87
Exit Target Criteria- $45.33
Stop Loss Criteria- $60.13
Option- $55 Aug-17 Puts
Please check back for Trade updates. (Note: Trade update is little delayed here.)
APA - Upward channel breakdown short from $48 to $34, 50 Jul PutAPA Seems broken down from an upward channel, retested the channel support line & now falling down sharp. With the falling Oil price we think it can decline as low as $34 area
* Trade Criteria *
Date first found- April 20, 2017
Pattern/Why- Upward channel breakdown, Declining Oil price,
Entry Target Criteria- Break of $48.87
Exit Target Criteria- 1st Target $38.13, 2nd Target $34.13
Stop Loss Criteria- $56.13
Option- To play this we would consider $50 July Puts @ $3.34, and $45 July Puts @ $1.57
Please check back for Trade updates. (Note: Trade update is little delayed here.)
