TSM - 10% Potential by EOY PLUS DividendsIf price breaks above the local high (look at green dotted line), we might have a runner back to ATH. My stop will be a close below the rising trend line and will move accordingly with price.
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Thebluecollartrader
ORCL - Inverse HnS and Earnings Coming UpTake a look at this chart for ORCL - long term consolidation pattern and an inverse HnS has formed. A break below the right shoulder would invalidate this trade to the upside. I plan to buy commons as well as calls out to August.
I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below to start a conversation!
BIDU - A New Trend Has Started$BIDU - earnings made this stock break out. Don't miss the new uptrend. First resistance I have is near $135.00
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USD/CHF - Low Risk Short, Flip if BreakoutWhile others will publish just about anything to keep their click count and reputation up by first BEGGING you to LIKE their post PRIOR to even READING it, I ask you to first read my idea and THEN decide whether to contact me with questions or like my post. I'm here to help you find opportunities for trades and investments - not to beg you to raise my reputation. Now to the idea:
USD/CHF: this is a prime spot for a small position on a low risk short. We know that if price breaks above .9725, price will likely move up to the areas indicated with my arrows on the chart. If this area holds and price pushes lower, it could be the start of the next leg down. Either way, it's playable!
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CRWD - A Strong Move is ImminentWhile others will publish just about anything to keep their click count and reputation up by first BEGGING you to LIKE their post PRIOR to even READING it, I ask you to first read my idea and THEN decide whether to contact me with questions or like my post. I'm here to help you find opportunities for trades and investments - not to beg you to raise my reputation. Now to the idea:
$CRWD is a crowd sourced, cloud based security firm that is bound to see great growth in the coming months with so many people now working from home. On top of this, the tech sector is hot right now and a break above the 68 handle will trigger another move up. There is a descending trend that was broken and retested; and while I prefer 3 points of rejection before the breakout it also has a V-shaped profile from it's lows. I really want another shot at $55-$57 to add to my position (my members and I are already in the trade) but we may not get it. Look at the note on the chart for my plan.
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SP500 - Caution is Warranted but is NOT all Doom and Gloom $ES - $SPX futures - Good morning all! I told my members today that I'm expecting a retest of the 3225-3250 area before heading downwards on the SP500 (price is currently reacting off of the 3rd touch of a short term trend line). IF we don't get a retest and head downward first, I expect an aggressive move at 3030 as that is the breakout level for this last run upwards. I believe buyers will defend that level for a while. Do not let it fool you into buying stocks right away. China is trying to send people back to work while the COVID19 virus is NOT yet contained. This is still a very real threat to economic results for the next two reporting quarters. I will use the bounce coming up to scale out of the remaining stocks that I own and buy protection in inverse etfs for the next wave down. Stay safe and trade smart, sometimes it's better to sit on your hands rather than take any action. Let me know if you have any questions.
If you found this to be insightful or helpful, please show appreciation by hitting the like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below to start a conversation!