SwingTtrader

SwingTtrader

This is one of the stocks that got decimated in the recent weeks. Base on the chart, I'm seen potential reverse to the upside. You can see the Head and Shoulder patter. Usually, the Head and Shoulder is good indicator of a reversal. I'm planing to take a long position in the stock and see how it will plays out.

SwingTtrader

What I have learned from my past experience in the market, is that strong stock will get stronger and the weak ones will get weaker. AMD is perfect example of what strong stock is. Do not try to go against the trend; you will loss!

SwingTtrader

Love the way $TSLA looks. Play it the way you see it and try to mitigate risks.

SwingTtrader

Uber failed to across the resistance-line $28.30, I’m taking a short position and sit limit to cover at $16.80 there is more downside to come for this particular stock.

SwingTtrader

Taking short position on MU yesterday. I set cover limit order at $40.70, it might gonna be filled within the next few days.

SwingTtrader

ACB is has formed a bull-flag pattern pausing before its next breakthrough. Today, I took a long position, and I anticipate it a stock to rally back up within the next few days. Target price $2.65

SwingTtrader

Very nice-looking chart. As you can see from the daily candle chart, DDD is forming the Elliott wave pattern. The stock was in a consolidation mode, and today, it had a very nice rally. I expect the stock to continue this up-trend for the next few weeks. It is a good time to take a long position and ride the stock. Target price $10.40- $11.30

SwingTtrader

Very nice-looking symmetrical triangle breakthrough along with high volume. Is a good time to take a long position, and exist the trade at $9.20

SwingTtrader Updated 

I see a breakthrough coming for CGC, the stock is currently forming Pennant pattern succeeding by a Bull-flag pattern. This is a good indication the stock could continue to trend higher from here. What I’m currently seen in the chart is a form of consolidation before the next trend. In my opinion, It’s a good time to take a long position at the current price...

SwingTtrader

CCL broke a major resistance line in its last quarterly earning release. I expect the stock to trend higher. Target price is $57.30

SwingTtrader

In recent weeks, BA has absorbed a lot of bad news from the 737-Max probe, the halt of its production, the Starliner rocket failure, and the recent sack of its CEO. I do not expect more bad news to come other than the next quarterly earnings, which can be either positive or negative. With that being, I would take a long position and get out a few days before its...

SwingTtrader

MMM, has finally shown that it can trend higher from now onward. In the past few months, the stock has tried to break the green Resistance line at least twice, but it failed. In the last attempt, however, it successfully broke the Resistance. To me, it looks like this is a valid signal to take a long position because if you take close look to the volume, where...

SwingTtrader

Very good-looking chart trend. Today, JD brook major resistance line as well as a trend line. I anticipate the stock will continue to trend higher for the next few weeks. If you take a close look at the volume, you can see almost 15 million shares traded on Friday, which is a little higher than the average volumes; this is a good indication that the stock has...

SwingTtrader

This stock made an all-time high on Friday, and I expect to continue trend higher. Price target is $125.

SwingTtrader Updated 

All chip makers have been soaring in the past two weeks. I expect to see a pullback soon. Therefore, I choose WDC to be one of my favorite charts to go short. It is possible the stock can run up another $3 or so, but I would be monitoring the chart for any pullback conformation, and I will ride it down into the next Support line at $75.80

SwingTtrader

The IWM looks like it's running out momentum, and I expect it to come down very soon. My target will be $158 to recover the short position. Also, if you look at the RSI, you can see is peaking, and this is a clear indication reversal is imminent.

SwingTtrader

As you can see from the daily chart, the Oil is being in an uptrend since mid Oct, and I expect this trend will continue until at least we have a double top. I’m staying long until I hit my target, which will the next resistant line at $13.25. If you agree with my analysis, please share your thought. I would love to hear from you.

SwingTtrader

SQ is consolidating before it takes off. As you can see from the daily chart, a pennant is forming. A potential breakthrough from this pennant is imminent. My target is $69-$70. In case if the stock continues to go down, I will exit the trade at anything below the support line of $64.60