I think we will have a period of strength next and probably see longs start to work . Today the market found strong buying at the November lows after undercutting briefly . Ask yourself , if you were bearish would you short here after three weekly bear closes , does the risk reward work here . The answer is no . The situation at least temporarily favors the...
Just noting all my price action entry's and exits in the comments at the end of every day and result , perhaps a logic explanation too on why I bought or sold .... This or TQQQ is a great alternative to something like futures that is much more scalable . My goal is to update this every day as a log . All trades taken on 5M , price action trades , not...
Hey just a note, we finally saw the market show some life , no H1 but nearly . And maybe tomorrow we will continue up . For last several days breakouts were almost all failing and that just changed today , back to showing life , just when our human side is getting tired and many of us are losing interest . Do not miss this , now may be it , the market is a...
This is a nice one .... funny there's not even eps data on chart but there's $$ here . It engages in the business of processing, selling, and distributing cured meat products. Trades will be in comment but made the list also its in China which is killing it rn. ***Also this is a low volume name , undiscovered , low institutions, low volume . Need to trade...
I never saw this before because its has less institutional interest and that's one thing I have set as a higher number usually . This looks so nice , meets all the requirement . Missing 20% week , but, had a 17% so I'm just gonna go ahead and call this a 6/6 . Also the RS is off the charts for my standards , a definite focus .....even already has a H2 when most...
Was on my long watchlist and looked like a good intraday short , not interested in longs below GLB. Just scanning my watchlist looking for intraday lately to try to see some green pnl. Kind of ran out of time on the first trade shown on chart but still showed a small gain ...
This became a short and looks like its breaking , originally came up as a long consideration and was still on my main list , may take more shorts .... not interested in longs unless maybe its intraday , prob not .
This is my favorite short right now . If the market breaks down below November lows ( especially a monthly close ) , I will 100% short NVDA . When winners like NVDA break down with the support of a falling market . They can fall far . As of close of last months candle we now have a green line top too . So no longs for me unless we make it above that upper green....
Quick summary of little write up below : 1) Probably should not start to get bearish unless bears can get price below November 2024 low , ideally a monthly close below 2) A full cash signal is a close below monthly 21 ema , at that point it's "possibly" a bear market and we should be in cash . 3) After we get get a cash signal , then we need to wait to have a...
Just a log of my SOXL short and long trades . Will update 2025 trades when I use this etf at end of day . In the comments SOXL/SOXS are great options for shorter term red market day trades and or recovery .
Took a several longs today , I may be painfully wrong but I think there was a last minute sentiment change in the market today. I started the day thinking we still had at least a bit more of a measured move down vs QQQ recent price action but did my best to try to respond to the market and wound up buying this . Then it moved in my favor enough and I made a...
Trade log for days I take shorts on SOXS Just a log to look back on . Transactions will be noted in the comments.
Tried a short on this today for a trade , was thinking general market was breaking down ( until we bottomed ;) This could maybe be a good trade since there's too many longs excluding commercial . Maybe I will revisit but I prefer to be focused on longs . Would be nice to see a double top lower high reversal form or something to hint stronger at a trend change...
AHR , one of my secondary list names that is coming through , I am going to watch tomorrow for highs to be taken out and go from there .... Having a GLB today , awesome looking daily chart too . Scores a 4/6
This is currently a 4/6 name , lacking on chop n slop and n 20% weeks . Chop and slop could easily clean up , its been sideways since end of 2024 ish 20% week part - we have some 18% ect ect ... I think we good nice eps gap , momentum could continue . Not yet in , but on watch. Note trades in comments .
The only thing this name is lacking is sales and eps data , its too soon , but price tells us to buy it . I bought late, the blue arrow on 5M chart shot I pasted on would be an ideal entry candle for me , somewhere in it . But sometimes I see names like this outperforming that I'm late one and just buy them . Essentially a 5/6 name by technicality and 6/6 by feel...
Bought this today on highs vs 5M chart which I pasted on , its currently losing and Ill probably exit it . Its a 4/6 name but could become a 6/6 with an robust move ... I like it . So its made the focus list . I'll update future trades in comments .
I am shorting this now at 30.57 , will update this and future sqqq trades in comments .