SHAK - 10.08% Potential Profit - Ascending TriangleAscending Triangle breaking out after a 6-month uptrend.
Aggressive buyer presence in the past month. I will try to make the most of the recent drop and play the bounce. However, this is a highly-sensitive pandemic stock, therefore I will allocate 35% less capital than usual.
- Target Entry $65.20 (Buy Limit) or $66.50 (Buy Stop)
- Target Stop Loss $64.57
- Target Exit $72.50
About me
- P/L September +33.74% | August: +232.32% | Historical Win Ratio 70.59% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
Swingtradingsetup
MO - 7.02% Potential Profit - Ascending TriangleFor those who know me, you might have realized by now that I don't usually go long when the RSI and STOCH are below 50 and MACD below Signal. I will make an exception here, however I will approach this trade carefully and allocate less than usual.
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum.
Ascending Triangle broken out after a 6-month correction and confirmed multiple times over the past month, with occasional violations.
- 6-month Uptrend
- RSI + Stoch below 50 (!)
- MACD below Signal (!)
Suggested Entry $43.30
Suggested Stop Loss $42.83
Target price $46.36
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
INTU - 7.09% Potential Profit - Ascending TriangleAscending Triangle broken out after a 6-month modest bull run.
- Target Entry $319.01
- Target Stop Loss $313.83
- Target Exit $339.72
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
FB - 16.90% Potential Profit - Uptrend Corridor BounceUptrend Corridor characterized by large volatility and a strong support line.
Support manage to hold up quite well even during the recent meltdown.
- Target Entry $266.76
- Target Stop Loss $262.48
- Target Exit $311.59
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
MO - 4.86% Potential Profit - Ascending TriangleAscending Triangle broken out after a 6-month modest bull run. Multiple support confirmation on the 5-min chart.
Support manage to hold up quite well even during the recent meltdown.
- Target Entry $43.09
- Target Stop Loss $42.62
- Target Exit $45.02
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
CROX - 5.65% Potential Profit - Ascending TriangleAscending Triangle broken out after a 6-month bull run. Some concerns regarding yesterday's 3% drop, or perhaps an opportunity. Hence my priority will be entering the Buy Limit price, although a Buy Stop will ensure I capture a potential run in case the price never pulls back.
- Target Entry $42.28 (Limit) or $42.73 (Stop)
- Target Stop Loss $41.67
- Target Exit $44.95
About me
- P/L September +33.74% | August: +203.83% | Historical Win Ratio 75.00% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
AVY - 7.83% Potential Profit - Ascending TriangleAscending Triangle broken out after a 6-month bull run with a 3-month correction.
We are trying to capture the run right out of the gate, hence there is limited support confirmation. However, momentum is there and the RSI / STOCH / MACD are on our side.
- Target Entry $128.05
- Target Stop Loss $126.00
- Target Exit $137.85
About me
- P/L September +33.74% | August: +203.83% | Historical Win Ratio 75.00% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
NUAN - 5.69% Potential Profit - Corridor BreakoutThis is an unusual play for me since I don't usually trade uptrend corridors breakout, especially when they hit ATH. However, there is an unusual volume on this specific stock, and their tech partnership with Microsoft might act as a short term catalyst.
Uptrend Corridor broken out after a 6-month bull run.
Decent amount of new support confirmation on the 15-min chart. Momentum is present, and the RSI / STOCH / MACD are on our side. My priority is to enter with a Buy Limit in order to decrease risk. However, a higher-risk appetite might justify chasing the run with a Buy Stop.
- Target Entry $33.03 (Buy Limit) or $33.25
- Target Stop Loss $32.63
- Target Exit $35.00
About me
- P/L September +33.74% | August: +203.83% | Historical Win Ratio 75.00% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
STOR - 13.01% Potential Profit - Bullish PennantBullish Pennant broken out after a 6-month bull run.
Momentum is set to continue with the company increasing dividends and announcing an increase of Real Estate acquisitions next year, strong of a good relationship with their tenants.
Decent amount of new support confirmation on the 15-min chart. Momentum is present, and the RSI / STOCH / MACD are on our side.
The only line of concern is that it is set to open below support according to Pre-Market data. I would wait a few minutes into the trading session before entering an order and potentially slightly change my entry/stop based on it.
- Target Entry $29.43
- Target Stop Loss $29.11
- Target Exit $33.56
About me
- P/L September +33.74% | August: +203.83% | Historical Win Ratio 75.00% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
V - 7.17% Profit Potential - Corridor BreakoutBe careful with this one. It is a highly risky trade from a technical perspective, however, I'm keeping the Stop Loss at circa -1% in order to preserve capital.
We traded V a couple of weeks ago, and we made a quick 4% . Visa is one of my favorite stocks to trade and it hardly disappoints me.
Corridor broken out after a 3-month correction following an incredible bull run. Multiple support confirmation on the 5-min chart. Support manage to hold up quite well even during the recent meltdown. Indicators are obviously not on our side, since we are playing the bounce.
- Historical Uptrend
- RSI + Stoch below 50 (!)
- MACD below Signal (!)
Target Entry $201.79
Target Stop Loss $199.17
Target Exit $216.01
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
QSR - 7.63% Profit Potential - Bullish PennantThis week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day and I keep my stop losses really tight.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum.
Bullish Pennant broken out after a 3-month correction. Multiple support confirmation on the 5-min chart, except the 9/11 violation due to the overall market meltdown.
- Historical Uptrend
- RSI + Stoch above 50
- MACD below Signal (!)
Target Entry $55.85
Target Stop Loss $54.98
Target Exit $60.04
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
KO - 3.29% Profit Potential - Corridor BreakoutThis week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum.
- Breakout past a long correction
- RSI below + Stoch above 50
- MACD above Signal
Suggested Entry $49.85
Suggested Stop Loss $49.34
Target price $51.50
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
DKNG - 10.40% Potential Profit - Bullish PennantThis week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum.
Bullish Pennant broken out after a 3-month correction. There is a lack of confirmation of the new support, which is a concern. Not ideal, however, I will venture regardless, as I'm chasing price right out of the gate and I'm keeping Stop Loss tight as a reflection of the risk
- 6-month Uptrend
- RSI + Stoch above 50
- MACD above Signal
Target Entry $39.97 (Limit)
Target Stop Loss $39.56
Target Exit $44.20
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
J - 7.44% Potential Profit - Ascending TriangleThis week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum.
Ascending Triangle broken out after a 3-month correction and ATH since COVID's crash. There is a lack of confirmation of the new support, which is a concern. Not ideal, however, I will venture regardless, as I'm chasing price right out of the gate and I'm keeping Stop Loss tight as a reflection of the risk
- Historical Uptrend
- RSI + Stoch above 50
- MACD above Signal
Suggested Entry $92.85
Suggested Stop Loss $91.83
Target price $99.21
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
SPOT - 4.05% Profit Potential - Support Corridor BreakoutThis week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum.
- Breakout past a 3-month correction
- RSI + Stoch below 50
- MACD below Signal
Suggested Entry $237.80
Suggested Stop Loss $240.64
Target price $228.19
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
ADBE - 12.52% Potential Profit - Corridor BreakoutCorridor Breakout out of a 1-month price correction. Strong possibility to hit the uptrend resistance line.
Target price set at resistance line bounce.
- Historical Uptrend
- RSI and STOCH well above 50
- MACD well above Signal
Suggested Entry $467.15
Suggested Stop Loss $456.41
Target price $525.55
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
MSFT - 8.91% Potential Profit - Bullish PennantBullish Pennant formed with the possibility to hit the historical resistance line. Entry price conservatively set at mid-resistance breakout.
Target price set at resistance line bounce.
- Historical Uptrend
- RSI and STOCH well above 50
- MACD well above Signal
Suggested Entry $216.58
Suggested Stop Loss $211.56
Target price $235.96
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
TWLO - 16.92% Potential Profit - Uptrend CorridorUptrend Corridor bounce with target price set at resistance bounce.
- Strong Uptrend
- RSI above / STOCH about to cross 50
- MACD above Signal
Suggested Entry $254.57
Suggested Stop Loss $245.26
Target price $297.63
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
GOOGL - 7.17% Profit Potential - Ascending TriangleAscending Triangle and new support confirmed multiple times in the past 3 days.
Target price set at new historical resistance line bounce.
- Historical Uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $1592.45
Suggested Stop Loss $1560.3
Target price $1710.71
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
SHOP - 24.86% Potential Profit - Uptrend Corridor BounceUptrend Corridor bounce with target price set at resistance.
A very speculative trade with a great risk/reward ratio. However, a trade to approach carefully, despite the attractive potential rewards.
- Strong Uptrend
- RSI above / STOCH below 50
- MACD below Signal
Suggested Entry $1031.17
Suggested Stop Loss $989.53
Target price $1293.48
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
PFE - 10.55% Profit Potential - Bull FlagBull flag formed, out of a bullish pennant breakout.
Target price set at new Resistance bounce.
- Strong Uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $39.03
Suggested Stop Loss $37.77
Target price $43.12
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
CRM - 10.18% Potential Profit - Uptrend CorridorStrong level of support, confirmed multiple times over the past 5 months in an uptrend corridor.
Price bouncing on the support line.
- Historical Uptrend
- RSI + Stoch (NA)
- MACD (NA)
Suggested Entry $193.73
Suggested Stop Loss $214.69
Target price $189.47
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
TSLA - 10.97% Potential Profit - Corridor BreakoutLevel of confidence on this trade is Low/Mid and I will wait for a few minutes after the market opens to determine whether I'm entering with a Buy Stop or a Buy Limit order.
Corridor breakout. We are out of correction and it could now push up to +$2000.
Target price set at new Resistance bounce.
- 5-month uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $1845.75 (Buy Stop) or $1802.96 (Buy Limit)
Suggested Stop Loss $1778.69
Target price $2048.38
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.