Whats up Traders - As some of you know we love NIO. We are investors in this company, not traders.. With that said, there is a potential trade opportunity developing in the stock. Technical's - Cup and Handle Pattern - you could argue this is the 2nd cup and handle pattern forming, with the first one failing - or - you could argue this is all part of 1...
Whats up Traders (or HODL'ers), Technically Bitcoin (BTC)(XBT) is due for more pain. The hashed lines are nothing more than previous resistance / support hese are the areas we are targeting for short trades. Volume is increasing in this sell off - The serious first volume increase in a many months. Fundamentally I don't think much short of a major country...
Whats up Traders. All of the explanation of the chart IS ON THE CHART. God Speed. Good Luck.
Whats up Traders - Welcome back to a full week of trading - Just another look at the SPX - Same story we've been saying for a while now. Not much to report on. Let me know if you have any questions, most of the explanation is on the chart.
Whats up Traders - Technical Analysis - The tea leaves Seeing a top heavy NFLX Chart NFLX Broke long running trend and burst up Price Burst has 'stranded' a lot of investors in the latest decline Expecting the January Price Gap to fill and quickly when it does Fundamental Analysis - NFLX gave a solid beat to earnings estimates The stock movement resulting from...
Whats up traders - This is an expansion on an earlier chart we posted. Same basic concept, however, we provide an update, as to why we still see this prediction following through. Overall Market Headwinds - China Issues (Trump / Pence) maintaining a tough position - FED interest rates - Positive Economic Data releases (affirms the FED decisions for future rate...
Whats up Traders, Looking out to first quarter next year, expecting a pull back of the SPX to the 200dMA, and the lower support channel line of the long running trend. VIP signaling service lets you in on our exact entry and exits.
Still short here. I lot of sellers got in at a premium level, i expect there to be a lot of sell pressure in this region. Ive been wrong before, but this is my opinion from what I am seeing. We are still short.
Whats up Traders Zoomed in look at a larger chart i posted previously. see link below. Yellow Line - Broken Neckline of Head and Shoulders Pattern Target Zone - is our options put take profit area, expiry 11/9 Looks coiled up , Symmetrical Triangle, with a little afternoon Volume, we are expecting price to take another leg down into the weekend. Lets see how...
Whats Up Traders - I was in the Troll Box Earlier, Taking Grenades, but I just dont know how we cant at least see how this 'rebound' as many put it, is not proven. Another example of my concern, volume and price action diverging. Shows weakness in the conviction of this move. Manage your own Risk, thats the most important thing to do. Youre swimming in shark...
Whats up Traders - Energy, due for continued downtrend. Expecting XOP to continue down trend channel. Puts are a nice trade here.
Whats up Traders, As Always, I know you are all illiterate like me, so I made the chart as self-explanatory as possible. God Speed, Good Luck .
Whats up Traders - 2.5% implied price move on Apple Options However, I expect to see a $20 swing. Not a horrible bet.
Whats up Guys, Facebook, heavily deflated, macro headwinds, regulation headwinds into midterm elections. Hate this stock right now. Who knows with earnings, might get some pop and retrace, but expect the target to be hit one way or another. God Speed, good luck.
Whats up Traders. Primed like a pump. Golden Ratio Retracement Spread has come down quite a bit from open. I think its time to long this one.
Whats up Traders - As always, the explanation is on the chart. Just some food for thought and concern. I am NOT the only one talking about this by a long shot. Keeping an eye on things, and like most seasoned traders, We are trading with extreme caution right now - - Macro Headwinds - - China - Trade-war / Tariffs November Election / Midterms Saudi Arabia...
Whats up Traders - Bull Flag Painted on the Ford Stock - Fibonacci, fundamentals, say a move up. Macroeconomics is the unkwown. Looking for an afternoon scalp here.