Nick_C_

Nick_C_

Oil is pinched in a long term bimodal scenario. A wave 4 triangle looks to be carving out because of it, and the weekly mode has now shifted higher. While we could revisit the $46 level mode, I am leaning bullish after that given the outlook of the current PA.

Nick_C_

Open: Market Target: 13.30 Stop: 9.92

Nick_C_

Footlocker (FL) recaptured a key level last week. Last quarter, FL reported its highest level of sales ever, with both FCF 9% greater and D/E 6% lower than at last September's peak. However, I think I will wait to see a retrace or mode build at this level to offer a greater R trade, as the initial stop given the current PA is over 2 ATR's.

Nick_C_

Entry: Market (min 1.8R) Target: 281.16 (I will take conservative target) Stop: 255.86 (1 ATR from PD close-- not optimal but necessary for R in this scenario)

Nick_C_

With a lack of confirmation here, I will take a .5% long with an ATR from entry stop.

Nick_C_

Sell off from a key level. My entry: 74.15 Target: 66.88 Stop: 76.23 Check out some trades below.

Nick_C_

I shorted this on Friday, but was unable to post as I was at work. My conservative 2R exit is 26.63, with my entry and stop 28.05 (.5% risk) and 28.77 (1 ATR from entry) respectively. GL!

Nick_C_

Weekly price projection was met in a 3rd of the projected time. Will watch for a range expansion or strong daily close to enter this long. Check out some running ideas below, as well as a big picture SPY outlook by @IvanLabrie.

Nick_C_ Updated 

Edison International fired a long on Friday, which I bought. I suggest going long at the market with 1% max risk for a target of 76.54 and a stop at 70.81. Check out some additional running setups in the related ideas below from Ivan Labrie and I.

Nick_C_ Updated 

Set up is in motion, will update entry/target/stop if it materializes.

Nick_C_ Updated 

Today's close warrants a .5% long with a single ATR stop to put the R's in our favor. Open: market Target: 94.66 Stop: 91.26

Nick_C_

Today's close below a KEL spells trouble for Macy's , so il enter with .5% risk here and exit at the conservative target of 31.27. If we blast through that level I will simply reenter with another .5%. GL!

Nick_C_ Updated 

See notes on chart. Entry: 26.19 (at market open) Target: 28.39 Stop: 25.56

Nick_C_ Updated 

Goodyear looks a lot like Alaskan Airlines (posted by Ivan Labrie, link down below). I think this potential long is worthy of .5% risk until we see 5 days with no new low/additional convincing action that will allow us to add/trail stops. Entry: Market Target: 31.18 Stop: 26.82

Nick_C_

Will only buy this tomorrow on a close at or above 13.69. If criteria isn't met tomorrow but price continues to hold at this level, I will update the entrance parameters accordingly. 6/1 Buy for .5% risk: Entry: 13.69 Target: 15.86 Stop: 12.85

Nick_C_

Open: Market Target: 4.27 Stop: 5.58

Nick_C_

Selling pressure at HVN, daily uptrend expiring soon.. stop is HVN + 1 ATR

Nick_C_

Description outlaid on chart.. stop is 1 ATR from prior day close (subject to change at market open)