AlphaBeta

AlphaBeta

AMEX:SILJ Additional Long Entry on retest/hold of former Bull-Flag Resistance-Turned-Support - filled @ $13.92 w/ a stop at $12.23, targeting the Measured-Move/Bull-Flag-Pattern-Completion-Target near the $24.57 zone in 1H-2021. Reward-to-Risk ratio a healthy 6.4:1. Giddyup!

AlphaBeta Updated 

Long Pan American @ $35.33, targeting the AB=CD measured move up, and eventually above. Extremely loose trailing stop on way up. Should be fun. Now officially confirmed that it's go time.

AlphaBeta

Long all four names on pullback/retest just above consolidation breakout zone on continued earnings flow & dividend increases sector-wide. Initial stop below most recent swing low below the breakout zone. Hold long position through further price markup into monthly R2 pivot resistance line, at which point reduce exposure by 1/3 just below monthly R2 level and...

AlphaBeta

SPX looking ready to roll over back to downside as bear market bullish correction is about played out. Volume profile indicates downside conviction on initial dump down from Feb-March, with increasing volume on the down move, then declining volume on the upward correction currently playing out. Price action is currently at the top of a rising/ascending wedge,...

AlphaBeta

The Rising Wedge pattern seen on the Daily SPX appears to have completed, with SPX ripping through the pattern's support line to close the U.S. cash session on 17th July 2019 back below 3,000. The recent price surge above 3,000 psychological resistance is looking more and more like a blow-off top (in the shorter term, at least, for now) and reversal. The...

AlphaBeta Updated 

Gold (in USD terms) maintains it's intermediate to longer-run positive outlook within the confines of more or less the same slope structure since the turn of the century nearly two decades ago. While presently confined on the upside by resistance around $1250-$1265, nevertheless the upward trend remains in play from a longer-term perspective on the W1 chart. Any...