Alex_Quiroga

Alex_Quiroga

"Stocks around the world dropped" "Bullish trend-line broke" "Weak Dollar" "Swiss Franc Strong, Gold Strong, 30 Year Bond Strong too, because they are safe haven" "Financial media with Bad headlines" "Uncertainty, some panic, lack of buyers, are ingredients for Short selling Bad News are good for Short Sellers. What more info is needed for Shorting

Alex_Quiroga

This is similar that my past idea, but is other company name Remember that I do not repeat the same stock name, because what I do is find chart patterns with a obvious price action. In this opportunity I'm going to focus on major trend lines broken from a weekly chart due to the actual market conditions. Who fit with this concept: "Support becomes...

Alex_Quiroga

The more higher the time frame, more relevance will have. I always publish from weekly charts because Intra-day charts are very noisy for this kind of analysis, but I do multiple time frame analysis. I watch a weekly chart first for pick stocks then a daily and finally a 4-Hrs chart , this take time and need patience. Now some technical aspects 1) The major...

Alex_Quiroga

I not a pessimist, I'm realist and opportunistic. And the reality is that the Dow and others indexes are dropping. Traders make money in bull and bear markets without make predictions. Adaptability for the change is the key. Technical Concept: Support becomes Resistance (Resistance=Red Arrows) (Support=Blue Arrows) First look how the price broke the support...

Alex_Quiroga

This is my first Bitcoin idea, and I recommend sell short this castle of sand without pillars and foundation. And I do not need to draw a lot of lines, place a lot of Indicators with a lot of capital letters in an attempt for impress the reader with my knowledge This is something very simple ¿What is making the price now? ¿The Price is making Higher Highs and...

Alex_Quiroga

Timing: Pay attention with this explanation: The first week of February the Dow Jones dropped 1,175 points and the major indexes too. When a situation like this happen is a good opportunity to buy stocks at discount but not intermediately Not the next day or the next week, it is necessary to wait a few months for things to calm down. If you look the SP 500 for...

Alex_Quiroga

This is a double bottom with increasing volume (in the Bottom) like textbooks. Sometimes in a bear trend people confuse a support tested twice with a double bottom this happen when you use intraday or daily charts only happens when people rush and do not wait for price confirmation, even this idea need more confirmation (Price Action above 7.40 and 8.10) This...

Alex_Quiroga

I not use Indicators and I not use a mechanical system neither, but I always use Moving Averages and interpret they at my discretion. You can appreciate how the Moving Averages expand and acquire a bullish inclination, this accompanied with the concept of support and resistance is the only tools I use, Is simple but it works Look Moving Averages from 2017-01-02...

Alex_Quiroga

This pick is for a long term investing because the triangle need for a breakout to be confirmed (Price Action Above 10.40 or more) I shared this idea because here, there are a lot of things that Technical Analysts take in to account for selecting a stock. *High Volume or high spike volume *Bullish Gap the same day that the high spike volume 2018-04-23 (The gap...

Alex_Quiroga

The ideas that I usually shared generally have and argument in common, I find a strong Industry and I pick stocks in this Industry or Sector that are bullish, In this series of ideas, called (Bullish Oil_Futures = Energy Companies) The Fundamental concept is that Bullish Oil_Futures represent higher earnings in the future for this type of companies, but Not all...

Alex_Quiroga

From left to right a 3 Years support broken Now, and a pullback confirmed The importance that gives the time to drop below the 31.00 area (3 Years of support) this is the reason I support my self in weekly charts because this idea work for swing traders and position traders Technical Concept: Support becomes Resistance (Resistance=Red Arrows) (Support=Blue...

Alex_Quiroga

Broken support in the 43.00 level, is a fact that now works like resistance but now the bears are fighting with a major support around 34.00 the price is caught between a resistance in 43.00 and a support in 34.00 Wait for a support breakout because, below 34.00 there are a abyss This idea is for a short seller, swing trader and can become in a position trade...

Alex_Quiroga

This idea has potential due to the bearish gaps in the (Red Circles) Always the same principle Support becomes Resistance (Red Arrows= Resistance) (Blue Arrows= Support) This is a Swing Trade that can become in a Position Trade if the price drops below the Support line in 25.00 For a swing trade the target is above 25.00. This a bet about the future this is for...

Alex_Quiroga

The idea is for a short seller, swing trader but now need to wait for a support breakout or anticipate it (Anticipate is not Predict) because the idea is based in price action Swing trading need patience but is not like investing for the long term My advice is wait for a support breakout 50.00 (price action crossing the red line, Red Candlesticks below the...

Alex_Quiroga

Support becomes Resistance (Red Arrows= Resistance) (Blue Arrows= Support) From left to right pay attention to the 2011-06-20 (Resistance), 2014-01-20 (Resistance) 2018-01-01 (Failed Resistance Breakout) And strong drop, which also contributed to the breaking of the bull trend line Now, the idea is for a short seller, swing trader but now need to wait for a...

Alex_Quiroga Updated 

What I do? I Pick Stocks manually, I watch one by one without the use of a "Stock Screener" I follow approximately 1300 to 1400 Stocks and spend hours searching this kind of patterns including the weekends. in case you do not understand me I Pick Stocks manually, I watch one by one without the use of a "Stock Screener" I follow approximately 1300 to 1400 Stocks...

Alex_Quiroga Updated 

This if it is a Double Top (M) of big proportions from a weekly view, look the magnitude of the bullish trend line The Double Top (Confirmed) The main Bull Trend line was broken in 2017-09-18 (Confirmed) and some weeks after, the price did a bearish gap, visible from the weekly chart, that could not be filled, look (Red Circle) Needless say, Wait for a support...

Alex_Quiroga

Technical Concept: Support becomes Resistance (Red Arrows= Resistance) (Blue Arrows= Support) I not use sophisticated technical jargon in an attempt to persuade and Impress the reader I do not use fancy Charts plenty of Indicators, Oscillators, and other stuff, all in a stock chart, in an effort to impact the reader with my knowledge because I not a guru, I use a...