I identified an opportunity in the slowly falling channel. The candle is currently located near support, and has a high chance to bounce. The market started off pretty good as bull dominates the market. I entered into the position to test the idea. The RSI is a bit higher compare to previous candle located at support. #realtrade
QCOM has to move downward after break the pattern support, potential short term downtrend. The risk is retracement to the support before falling further
Entry: Red colored
JD has the momentum to move downward with volume increases higher and squeeze momentum highlighting big move, likely to be downward. This create opportunity to short.
Enter long: red line
Exited after 1 bar, exited due to sluggish uptrend move
I identified that the IAU possible to stay low in the mean time as stock market as at the brink of possible making an all-time high. Therefore, the trend is moving down.
Entry: 14.37
MSFT currently is moving a pretty tight rising channel move. The trend is point up and currently located near its support, that serves as an opportunity to buy. So, I bought a naked call
Entry: 137.32
I identified rising channel developing in BMY, it seems that I might enter it too late. However, the momentum in the market for Healthcare is strong. I bought a call vertical for the trade
Entry:
I identified a rising triangle or wedge that makes the AMAT trade attractive. Currently, the price seem to be at support, therefore I entered the trade now to see how it plays out using naked call option.
Entry: 50.96
I identified a rising channel after a big downtrend. The bars are approaching the lower trend line and there is a possible rebound from it and also a support from the volume profile.
Entry: 21.35
