TheTrendLineInvestor

TheTrendLineInvestor

I will start by saying that I believe manners are important. It is a shame that so many people have forgotten they exist. I want to thank the requester of this chart, a complete stranger, for using his manners :) Let's move on the the request for a chart of AAL. Back in late 2013, AAL (the stock) was just getting started. The stock created a double bottom in...

TheTrendLineInvestor

Starting mid 2014, FB entered a price range. The bottom was about $72 and the top was about $80. Now that some time has gone by, it is easy to look back and see what was happening. The top of the range has been breached a few times - back in October, in December, and February. The December breach was the strongest as FB actually closed above $81.00. Today,...

TheTrendLineInvestor

This is a WEEKLY chart of Lumber Liquidators. Take a look back. Notice the stock was rising from about March of 2012 all the way to March of 2014. It has been falling ever since (see the red downtrend line). You don't have to know why it's falling by the way. You just have to realize that it has been falling for a year. If you think now is a good time to...

TheTrendLineInvestor

Sometimes it is nice to "step back" and look at a longer time frame. There is a chart (which is an investing guide) for everyone. If you watch the market everyday then this may feel like a longer view of AAPL. If you work everyday and watch the market when you can, you may want to look at weekly or monthly charts. Your investing plan can be based on a chart...

TheTrendLineInvestor

This seems to be the question at hand for many investors & traders. I would like to remind you of the common "wedge" pattern. If price breaks above the wedge, you can expect the stock price to rise. If the price breaks below the wedge, you can expect the stock price to fall. If you want to invest in or trade TSLA your job is to follow the price out of the...

TheTrendLineInvestor

Everyone has a different opinion about the answer to this question. I have learned that any day can be the right day to begin a trade or investment. The real question is how to limit the risk. This goes for Long and Short investments. Why didn't you buy AAPL at $80? Did you think it had jumped too much after the $5 gap up? This gap up was nice for current...

TheTrendLineInvestor

If you want to try AAPL Long right here, just use UT 2 (the green uptrend line) as your guide. It could be a short ride but you never know... As long as AAPL is above UT 2, stay the course. But if AAPL closes below UT 2 before you have profits, get out of the trade. Once you have profits you have the ability to make "small adjustments" to trend lines. Just...

TheTrendLineInvestor

Trend lines are a great way to invest. That is only my opinion of coarse. This chart is a 60 minute chart so remember the trend lines may not last as long as those on daily or weekly charts. But horizontal lines of support & resistance can last for a very long time. Take a look at the blue horizontal line. You can see that this $79ish level has been a place...

TheTrendLineInvestor

GPRO just recently offered a secondary. The weakness of a secondary can be a good time to jump in. GPRO is perking up today and has entered the gap from the secondary. If it fills the gap it has to cover 4 more points or 5%. How quickly will it happen? You never know with GPRO... I am willing to admit that the easiest money has already been made from $71ish...