Today was an interesting day in the market. What could it mean for the rest of the year... Just last night I pulled up some logs from the year 2 B.C. (Before Corona) because I remember a very important moment in my trading journey that began in early December 2018. The market action that month and the January following was a very formative experience for me in...
While I do not think that bullish case on NASDAQ:CRSR is over I did see an opportunity for a swing trade on the lower timeframes this morning.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for FACEBOOK, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
As you see we have a triangle Pattern and we will wait until we see a Breakdown or a breakout with A good VOLUME
Some price action this week got me very interested in stocks that were all the rage through the pandemic trading in 2020. NYSE:RCL is a trade I posted about yesterday that was up 4% on the day today. I like this price action to go more. NYSE:DAL is another stock in recovery that a friend had me look at and it has almost identical price action. He also took...
This does not constitute financial advice. This is just my personal trade. Hope that helps!
Once the hype dies down all the hype traders stop looking at the stocks. That doesn't mean there are no more opportunities. Ignore the hype and stay consistent looking for your setups... even and ESPECIALLY when a stock looks BORING! That's the time for opportunity when no one else is looking!
Watchlist Breakdown and Trade Ideas - AAPL - AMZN - ZM - CRM - Slack - AMD
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Requested video breakdown on $SOLO KNDI
Hope everyone had a great Thanksgiving if you're in the US! What better way to recover from a food coma than to analyze a food stock? I'm comfortable with traders being bullish on NASDAQ:BYND to retest the 2020 high so long as it holds the post-earnings low. There is clear price action to structure a trade where your risk and target needs to be. So loosen up...
Today I got sent a lot of positive vibes about the methods I've been sharing so I wanted to give back. There are two great setups that a friend found I wanted to share on NYSE:REV and NYSE:EL . I don't know anything about the industry of women's makeup but I know when price action is beautiful! Both of these had some great around-earnings price action that...
Here we take a deeper look at why the ISM Manufacturing PMI data release is the most closely watched economic indicator on the monthly calendar. We look at how manufacturing PMI predicts GDP growth in the U.S with an 85% certainty going back to 1948. We then take a look at the historical correlation to ISM Manufacturing PMI and the S&P500. After watching this...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
RIOT usually follows BTC. BTC is looking to hit 20k so Riot should start to push over $6.15 we go to $7.15. Over $7.15 we go to $8.70 before going to $9.75 over $9.75, i'll be looking to take RIOT up to the gap at $16.61, FOMO is kicking up on riot. As long as price stays above $5.86 then I am bullish.
On my last video. BTC was at 12683 my TP was $14,115.83, overall move is to 20k. resistance is at $19,666. once we break the high, BTC should push to 20k and have a slight reaction. it will either break 20k and head up to 23k or BTC will retract before exploding past $20,000. Remember $20,000 is everyones mental number. whole numbers are also a mental...
Quick video breakdown of $NIO going into earnings.