EquityCast

EquityCast

Inside Day (Bullish Harami yesterday) Recapture of the 20DMA on volume will signal a new potential uptrend.

EquityCast

Expanding sales in to retailers. Strong candle trying to break out.

EquityCast

Breaking through multi-year supply zone after digesting a good earnings report. Looking like it will make a run at ATH. Long order filled today: 75.50 Stop Loss: 75.00 PT 1: $18 PT 2: 18.13 ATH PT 3: Clear skies

EquityCast

Consolidating for a bounce after an extended walk down. Long call options only. Entry: 74.75 Stop: 74.50 PT 1: 75.45 (Anchored VWAP) PT 2: 75.84 (Anchored VWAP) PT 3: Pending

EquityCast Updated 

Weekly Hammer close. $ 33 potential double bottom in play. Highly volatile and subject to gap ups and downs being a chinese name. Will be looking for entry early this week.

EquityCast Updated 

1/2 position @ 463.50! Entry: 463.50 Stop Loss: None Yet (To add on further pull back) 1st PT: 472 Sell the news on earnings recently but this is due for a bounce.

EquityCast

3+ Standard deviations away from the mean. Shorting over the next 2 days. Similar to the Clorox short we are here to take advantage of people taking profits after excellent earnings.

EquityCast Updated 

Filled at 7.42. It's due for a bounce. Stop @ 7.25 below the recent lows. PT #1: 7.65 PT # 2: 7.80

EquityCast

Weekly Timeframe Cup & Handle Set-Up. Looks like it's right out of a textbook. The set-up is that clean and we are just in time before it launches for a very low risk/high reward swing trade. Cup Height: $ 45 Price Target: $ 130 Current Price: $ 71.47 130-71.47 = $ 58.43 upside 58.43/71.47 = 81.8% upside potential

EquityCast Updated 

Clear downtrend. Beat Earnings with an upbeat guidance. Trading at a very reasonable ~13-14 PE On close watch for breakout where I will buy. Additional lines are existing gaps to the upside. Entry to be posted. 1st PT would be the closest gap fill.

EquityCast Updated 

Small speculative position for a bounce post-earnings. Not much trading this week with CPI and very light volumes cross-market.

EquityCast Updated 

Centene posts earnings results pre-market tomorrow 20DMA about to cross the 50DMA. Very strong bullish daily candle today closing near the highs. It's formed a clear cup & handle. Implied price target included. Watching closely this week. *No Position but this will have an effect on other healthcare stocks all of which had a strong day today. Humana earnings on...

EquityCast Updated 

3+ standard deviation away from the mean. Earnings were excellent but there will be profit-taking and I am here to capitalize on that. Price target: 20DMA 1/4 position

EquityCast

1/4 position. Defense stocks are getting hit hard because of the debt ceiling situation. Should resume upwards once settled.

EquityCast Updated 

If earnings beat with positive guidance on Monday, there should be an immediate breakout. Implied Price Target included. I'm long small @ 360.

EquityCast Updated 

Mean reversion trade. Keeping in mind 250-251 support broke and the broader market is selling off aside from small pockets. I'll be watching closely to see if 250 now flips to resistance or if it's a bear trap and big bounce. Stop loss tight. Entry: 248.75 Stop Loss: 247.75 Target: 255 The market does not seem to care about UNH, Elevance, Centene & Humana all...

EquityCast Updated 

Target is forming the mother of all bear flags on the monthly chart. My price target is the 200 monthly moving average in the mid 80s with room for overperformance to the downside. This is a macro-level call meaning I expect it to take months for this occur (see my NYSE:F to $ 5 and NASDAQ:MRNA to $ 75 posts). It could be a few months, several or even up to...

EquityCast

With our oil short completed, it's time to prepare for the next round of shorts. This will be more a journal than anything. Note all drawn levels have now flipped from support to resistance. That said, with how quickly oil fell in the last few days and the "OPEC floor", I expect a explosive short-term bounce and will layer in on shorts at each level in...