JoeRodTrades

JoeRodTrades

The bears have finally pulled price below the main POC at 4350 (this is still in play). We saw a large move followed by a doji and another large move on the daily, will today be a doji? As I write this we are approaching a bearish reversal level on the daily Informant Pivots. These levels were bounced off of all of yesterday's trading session so I suggest you pay...

JoeRodTrades

This is a tight inside value day on the Informant Pivots, just 19.98 in difference from the high/low-value pivots. The last explosive move came form a 36.85 point difference and that was yesterday (9/28) for a 86 point move. I expect a large move leaning to the upside tomorrow. I believe yesterday (9//28) was indicative of bullish reversal based on volume and the...

JoeRodTrades

Just a quick update: I have pretty much called everything that was gonna happen in the last two weeks. The shoulder is finally formed (I called it in one of my recent updates). Funny how the neckline formed at a key POC which today we added another day at that POC level. I am currently calling the dotted thick red line on the chart the bear/bull Mason-Dixon line....

JoeRodTrades

Key Points • Next week Informant outlook: Slightly bearish • Pivot trend analysis next week: Bearish • Pivot Width for next week: Wide, could be a large-ranging week • Daily VPA POC analysis: Possible big move Monday • Big Money 6month outlook: Bearish • ADL Weekly analysis: Very close to a bearish crossover on trendlines and MA. • Sectors to look at: healthcare...

JoeRodTrades

High-value day on the informant pivots. I am now slightly more bullish on the daily. Along with intraday. Strong resistance on 4475. We have a pivot and technical resistance sitting there. I think breaking this would really give some conviction behind a bullish sentiment. Also monthly resistance at 4667ish. Give these three resistances are so close I think it is...

JoeRodTrades

Possible PEMA confluence on the daily. Expect either price to crossover or a test with bearish confirmation. Weekly pivot trend analysis says we should be taking shorts more often this week. Today's daily pivots tell me we are slightly bearish but I will look for price to trade in a tighter range throughout this session which may lead to a breakout session on...

JoeRodTrades

HD at the bottom of its range showing bullish divergence on the MFI. If you know me I am a firm believer in divergence at within a range. The best combo is bottom range + bullish divergence.

JoeRodTrades

Did AMD just enter a bigger range? No real confirmation to tell. Let's watch and see where she goes.

JoeRodTrades

Orange lines indicate support and resistance as defined by accumulation and distribution zones. A break of the bottom orange line will indicate bear flagging.

JoeRodTrades

We have seen WFC move from the support level indicated by orange. Small bodied doji on big volume after volume consistently climbing could mean a potential big move is coming. Let's keep our eyes on WFC. Might be a nice deep in the money call candidate.

JoeRodTrades

Longer the range the bigger the break out. Don't miss NFLX on this one. Price is at the bottom of the range a long debit or deep in the money call could pay off huge if we break this range to the upside. Stop loss is simple, break below bottom support with conviction.

JoeRodTrades

I love this stock. In fact, it was one of our stocks of week. We write these every Sunday to highlight a new stock with great potential for long term holders. So, since I love this stock I don't mind owning it. I sold a short put 45 days out by identifying where price would not go. That is at the $38 level. If does make it there and the option is assigned then I...

JoeRodTrades

LT picked up a weekly alert for INTC last week. We missed it, should've entered Friday but, can still be good for Monday. Remember LT is normally a Daily chart indicator with defined take profit and stop loss. So we can add maybe an extra week or two to the recommended days to expiration (DTE) for the weekly signals.

JoeRodTrades

As shown by the chart we have multiple potential key indicators for a breakout. Lets make sure they all hit before we enter. :)

JoeRodTrades

We are looking for Monday's retest of the midline / A&D zone to hold and, really to confirm with conviction. If it does, next stop is 132. Great opportunity for a debit spread or deep in the money call.

JoeRodTrades

DIS for us in long term bullish but Monday looks to be set up for a pull back based solely on volume. I want to want to get a better idea of where we stand with DIS before entering any trades.

JoeRodTrades

BYND price is hovering above all time support. 9MA and 36MA are gearing up for a crossover couple that with LambdaTrader signal this could be a nice long play. Debit Spread or a deep in the money call may be a great option here.

JoeRodTrades

Since 2009 we have seen price use the same support. Lets like to go look at $53 maybe with a DITM call few months out.