Nice momentum stock here with a large base/ bullflag forming on the daily chart. I would like to see this ticker move sideways for at least a week before making its move higher.
This is one of the most predictable patterns that exist. This is just a regular base breakout. whether you trade options or buy stocks. this pattern in important.
I took a small position in NIO due to the markets being pretty far into a pullback and this name has shown a lot of relative strength today. (green on a red day). Sitting right under resistance this is all a green light for a pop when the markets reverse to the upside. Keep an eye on this name. I will be trailing this with a stop loss under the previous low of the...
I spoke about this trade a few weeks ago regarding the 1300 level and how much the consolidation is lining up for a good trade. Well look at this reaction. Get your burritos!
IF you were with the watchlist last week this trade worked out just as planned. NVR was basing at the bottom of its range and then showed me that it wanted to move back up. Added to the position and took profits at resistance.
When I first started trading equities 5 or so ago I was such a greenhorn and eager to make my millions in this game. Little did I know my first year would amount to over $10,000 in losses. Looking back, it was working through each losing grade and aiming to understand why I lost money that helped push me to where I am now. Here are some things that helped me. 1....
I found NFLX over the weekend and believe it or not I have never traded this stock before. We were given an opportunity by the market to take some money off the table with this break out and we did. Follow me for more great insight and for my weekly watchlist visit www.investoratlas.org
Really focus on the weekly chart on this one. lower position size and let it run when it goes. 124 is the buy zone.
THis is a great growth name in the tech industry. certainly, one to keep an eye on once we get closer to 500 and some more consolidation.
NFLX looks really good for a short term push through 505.
1300 was the original buy for this stock and we have another opportunity to make another round of buying. still at this level with a slight pull back. www.investoratlas.org
THe red ellipse is a nice area to put a buy order. A small buy order. don't get to crazy with size. This chart is in a range and it will take a minute for you to make some gains.
slight breakout on DOCU now sitting at new support with a doji. This is a nice spot to add a little position if main breakout was missed.
It is easy to get caught up in the idea of getting a bunch of small winners is the best way to grow an account. This is because of the rush you get when a win occurs. The more often it happens the better you feel. In reality, this works against the trader's odds because you have to win more often and have to be more accurate. What I want to focus on are the long...
This chart looks ready to move. Give it a day or two consolidation looks really great. Follow me for more breakouts. investoratlas.org for our newsletter.
This name has netted some great profit and where we added at this smaller flag is doing well now also. No reason to exit just yet.
THis is the most consolidation I have seen in MSFT in a very long time. SOlid buying opp through 215. The moign averages are tight, we have a few inside days. This guy is ready to move.
Solid earnings for this ticker with a great pattern that has evolved over the past few weeks. 84.05 is the area I am looking to buy at. This is a better manufacturer and With electric cars and other tech moving into rapid development we may see a sharp increase in price on this name. Another thought in my mind is the inevitable pullback coming in the next few...