AcornWealthCorp

AcornWealthCorp

If we reverse at 3015-3018 we could of seen the top of the market in the short term. This spells bigger problems for the daily chart which is showing a much larger head and shoulders. Be careful! using this rally to sell my longs into. If we breakout higher than 3020 I can always buy them back!!!

AcornWealthCorp

STRONG insider buying, however, the pattern may have shifted warning of a potential drop to 108 before the bulls get their shot again

AcornWealthCorp

Gold itself is setting up as flag with potential target of 1520 with weekly chart showing a wedge and target of 1610. GLD (NEW) - Another way to play the move on gold. Possible entry if gold breaks 1431 or break of 135 on GLD. Stop signal 130.43, Target 145.83. Could Consider October 137 calls currently 3.13.

AcornWealthCorp

JILL - Recent great buying. Multiple Directors. Would consider a long if it breaks above 2.21. Targets 2.56 and 3.43. Stop signal 2.06. Could consider November $2.50 Calls.

AcornWealthCorp

CRMD - If we break 9.46 possible long to 10.87. Stop signal 8.94

AcornWealthCorp

OLLI seems breaking down from a H&S formation and continuing downward. Its showing strong downward momentum and Smart money indicator is deep into the negative zone. We think it has good downside potential. To trade this one Could consider $90 October Puts. Last traded for $7.45

AcornWealthCorp

AZO is long term upward channel breakdown short setup. Look for a break below 1087.47.Target 996.85, Stop 1138.65. Could consider September 1080 Puts (currently $33.70)

AcornWealthCorp

Huge insider selling + great setup. Looking to break 272.43 for entyr, target 240.33, stop signal 287.76. Use idea at your own discretion and risk.

AcornWealthCorp

Some insiders selling as much as 70% of their personal stock! hmmmm... do that math :) Look for a break of 81.77 for drop to 77.13. Stop signal 84.17

AcornWealthCorp

Combine that with a weak sector and insider selling. Might have a nice little short setup here! - Acorn Wealth Corp

AcornWealthCorp

Not yet confirmed but early signs dosnt look good for the Russell 2000

AcornWealthCorp

A downward neckline Head and Shoulders is one of the highest probability reversal patterns that exist. As 90% of the daily volume follows the rules of patterns such as this it is important to recognize when these are occurring. There is also considerable insider selling to further increase the probability of this setup. Looking good and holding puts on this baby!

AcornWealthCorp

RDUS - Stop signal 20.63, target 1 29.67, target 2 momentum. Could consider $22.50 October calls. Currently $3.40/$3.80

AcornWealthCorp

Massive insider selling on NTNX, The puts we bought already up 400% since our short idea in May (linked below) but could profit significantly more with a very possible next target of $12.53.

AcornWealthCorp

Intraday Channel breakout long setup.

AcornWealthCorp

EXPD seems forming a beautiful H&S formation & right now its breaking down its neckline. It also seems a potential Large frame H&S formation. We think it has good downside potential. 

AcornWealthCorp

BW seems forming a potential downward channel formation. It also got a skewed fallen angel setup forming. Money flow is very strong and fresh insider buying. Overall looks very interesting long setup. 

AcornWealthCorp

CNQ seems forming a potential H&S formation. It seems a very good downward momentum short setup. For potential entry we would like this to cross be 26.87