DerekD_

DerekD_ Updated 

Been had this one on watch because the setup is always a reliable one that uses the white curve (55 low MA) as a top caller based on the curve of the lows where 55 low uses 180 WMA as resistance - price drops as the white curve slopes to the most upward point without crossing over the blue 180. I tend to use the red vertical line just as a reference point to where...

DerekD_ Updated 

So, this isn't the most respectable / reliable type of long chart setup, but in a market where everyone's selling - definitely, a good mid-longer term type of play without as much volatility for directional movement. The weakness in trend is easy to spot, so not only was it difficult to kind of gauge the realistic probability of what I expect the outcome to be...

DerekD_ Updated 

I legitimately shook my head few months back in disbelief from $AAPL because I SWORE up & down it was headed for a major correction or crash or tf ever you wana call it lol. Longer term - I'm more @ ease just because this company has literally defied every downgrade / wild dip / earnings panic sells / etc,. But to set it straight - there's 0 being bearish on this...

DerekD_ Updated 

Came up on my intra-day linear regression scanner (> .4 Linear regression + down > -10% past 20 days). Linear regression less than .4 basically represents a straight line during past 8 trading days (could be either direction) - basically meaning, small or large impulse move in opposite direction is pretty necessary lol. Just based off the placement of both 20 & 45...

DerekD_ Updated 

A while back sometime after the intense plummet in price I remember this ticker (somewhat) expecting a dead cat bounce - never really even got that lol. Like plenty of other people I'm sure, I lost some $$ with this one. What was even more frustrating was the fact that CEO probably was more bearish on his own stock than other bears were (multiple, multiple insider...

DerekD_ Updated 

Really, really, not liking it. Surprisingly, daily chart @ first glance caught me off guard - thought it was either super dumb bullish or just too bullish to sustain itself. I'd much rather jump on a trade that's 100% to me, but since I was thrown off @ first, I definitely won't throw out the possibility of more upside towards $75. Bearish point of view - I'd...

DerekD_ Updated 

Little coincidental - the similarities between this & my $ANDV idea except for the fact that I'm bullish $KMPR, but (temporarily) bearish $ANDV. Main difference between the two, is the (white) curve. Same reason yield curve causes the market to get anxious, but obviously this is just my strategy. Typically, there's 2 main scenarios I see all the time, & if you see...

DerekD_ Updated 

A1 type setup. Going for 200% fib to be safe but definitely has potential to see $125.65 (223%) up-side. Not necessarily oversold, but obviously under-bought. Half-ass ascending triangle starting to take shape, so break above 161% fib & depending on the price reaction, we could get to seeing new ATH's here pretty soon. Bullish for sure.

DerekD_

For any temporary / perma bears that are confused or skeptical more-or-less by the price action so far this week, I was too lol. For the bulls that are hyped about almost hitting ATH, A+++ for effort lmao. Even now, I'm a little more confused than skeptical, but it's easier to sit back @ the end of the day to take a 2nd look. After my last $SPY chart, I mentioned...

DerekD_ Updated 

100% still bullish on $TRIP long term. Broadening top starting to form - potentially H&S if you see another pop above $57 but, would definitely wait to see how this consolidation reacts. Decreasing RSI + MFI, yada yada. $48 pullback A1 target price, but that gap fill would be intimidating if I was long & hadn't taken profit yet.

DerekD_

Definitely don't care for the chart long term as much as I should if I were to get long, but definitely confident in the potential of an impulse move that getting long would easily be a more profitable move. Noticed chart last night as I was going over upcoming ER, & I think with the earnings that came in more of a surprise than most originally thought - could add...

DerekD_

SooOooOOooOOooO just going over my bad decisions today, really wasn't feeling the market today at first. Bullish close for most sectors, but started off with an iffy open - originally didn't plan on chase-trading anything seeing the lack of potential, but....... Here I am. Ticker riginally came up on bullish options scanner moving vol surges, then kept on watch...

DerekD_ Updated 

I literally have put orders saved & was waiting for price to hit $280.85, literally was about to be my entry but I just have too many doubts. Don't get me wrong, I've been hella bearish lately (ESPECIALLY, banks) - but this one isn't adding up to me. XLY0 looked like a setup until the tariff announcement yesterday, so excuse MY gut feeling but I think there's just...

DerekD_

Deeeeefinitely one to keep on watch. Earnings Monday after market close. Luckily, I re-checked my earnings list for Monday just to peep any big moves towards the up-side just because of the red flags it raises - target price was initiated @ $158 by Mizhuo just today which, really is icing on the cake when mixed with a weekend right before earnings lol. I wana keep...

DerekD_ Updated 

Really just don't like this one at all. Don't like the chart, don't like the technicals, can't remember off top of my head if analyst upgraded the stock (which, is usually why I go over earnings if I'm not convinced), but the numbers were insulting. Hate trying to call a top that doesn't result in the most profitable time / target price, but so this is more of a...

DerekD_ Updated 

Knew I've seen this type of setup before but looking back on it, I made a category for "Chokeholds" using this MA strategy, but only got to having a few references as clear cut to consider taking a trade based on the pattern. Most of the BTD posts I have published - you (should) be able to notice the differences / similarities between setups just based on the...

DerekD_

Came up on my top finder linear regression scan. Definitely in a prime ass range to be getting short. Would preferably like to see 20 EMA above the green 223% fib, before any significant move downwards, but wouldn't bet on price breaking above 271% in the amount of time it took for the consolidation to turn into a breakdown. Already in a hella strong uptrend, so...

DerekD_ Updated 

Not sure why I didn't post this earlier, just now saw the insider sale of -56% change & caught my eye. Luckily I had the layout saved & it was right how I left it lol. -$20M outflow, wild. Chart isn't based on that just of itself though, was a reminder of $AIZ recently, ($TSLA too but, yeah). Possibility of seeing 141%, but would be much safer on the short side....