Facebook breakout is forming through consolidation as SPY will push to 400 and pass Facebook entry at 265. We have seen a volatility contraction and this will lead to an expansion soon as facebook breaks out. Stop is at 255. I will pyramind my trade in 4 phases.
SPY Breakout holding 3x futures CFDs on it. 3844 2x 3860 1x Will continue to add. Stop is 3820. 3840 respectively. Possible breakout as DXY retraces
Triple Top Breakout Soy futures are breaking out A very nice triple top formed and this is happening as DXY is consolidating. We may see an even bigger move to 1500+ if the volume can keep up. I made an entry 350 bushels @ 1445
It looks like the falling wedge consolidation was successful and we have another move upwards on the chart. lets see how far ether can go on its own. Target to pass is 1700. It seems to be bullish but will it hit resistance at 1700 or pass? We will see.
Long on ALRM, Bought at 88.79, stop at $85. Target is 95. It looks like a solid trade from the bottom of the wedge up. It appears to be consolidating as a bull flag. it may fail as the market is correcting. We will see.
Shorting RTX as it has a major false breakout with a huge wick. Price is 72.64, target is $66. Swing trade. Looking good. May cut in half at target and let it run.
DXY is rallying very well on its support and will move higher. This will drive SPY and commodities into the red. Targeting plat and Silver. Shorting 1205. Max loss is going to be $1245. I will double down at 1200 and triple at 1190. DXY is trending upwards. Target is $1100.
CTB long play bought at 55.11 22 shares. I plan to use ATR stop on the monthly Stop at 47. I want to double down at 62. I can see this stock hitting 100 after 3-4 months if the market continues and passes 400 with DXY trailing at its near term lows. Broke all time highs. I will move my stop to 55 once I hit 62.
CCL @ 24.60 48 shares Stop is set to 21.75. Target is 27.35. I will move my stop and double down at 27.35 and pyramid into my trade adding 48 more shares with the same stop target at 29.99 or higher I will sell part of my trade. Trend following trade. I want to practice holding long and being patient. Target exit is 2 months.
TSLA short from here to $700, there should be pull back at 770, then a buy wave may drive it higher then back down. RSI Divergence toward the downside. Lets see if its top heavy after that earnings. Max loss $500. I will double down at 840, and max loss is at 850. Target gain is 700. I will double down after a buy wave. DXY pullback is happening and if it...
Long BTBT, 100 shares. max loss at 15.60, bought at 16.45. I think it'll break out slightly as spy will continue higher. We'll see what happens. I plan to sell it friday.
Mara STOP at 19.60 Mara started at 20.55, will hold until Friday. I believe SPY is breaking out. It may bounce off my MA's we'll see how it pans out.
Bullish play, 90 shares, may continue back up to retest. Max loss is $22, bought at 22.99. We'll see how it pans out. Plan to sell on Friday. SPY seems to be breaking out too.
INO seems to be a dog in the vaccine industry but maybe it can make some moves soon. The volume seems kinda light its just consolidating sideways. I bought at 10.15 and will play it something like this. At $11 I'll double down and as it approaches $13 I will sell half, if it gets to $15 and passes through it with high volume I'll add but watch out for a false...
Canada's Marijuana industry has finally learned how to beat the competition. They have very good prices and now are defeating the black market. With the entire product line available to every vendor. They will have a great opportunity to create the SECOND green rush. Market conditions are perfect for a very lucrative rally. Biden announcing his 3 trillion...
Snap is going to sell off due to a reduction in its own customer base, they will make less revenue for at least the next 2 years until they can recoup their losses. I plan to short SNAP at 49.50 and if it rises to 52.50 I will double down, max loss at 54. I will double down at 47, and sell half at 46, re-add at 45, sell again at 44, re-add at 43, and sell at...
Shorting 200 CFDs, @ 16.57, Add at $15 /w 200 more Add 12.80 /w 200 more, perfect short. Stop at 17.50 Air Canada doesn't make money, its being held up by scaffolding from the government of Canada. It's probably gonna hit around $5 over the course of 6 months to a year. Then flip and go long for 3-4 years. Multiple false breakouts. Perfect indicator that...
As TD continues if it bounces off the green line I will assume a short play if it continues passed the green line I will go long. I am bear biased on the market. Its more likely that it will continue higher 55% and 45% it will go lower. Stocks usually go up :P This is a journal entry. Not trading advice.