I’m currently under the interpretation that we should be seeing a “kick back rally.” Not a buy or sell recommendation. For education purposes. Since the wave structure has not been confirmed, I will not be assuming C is going lower on a bigger time frame but is in the back of my mind as a possibility
I have a position in FSLY; however I am playing some of the possibilities we may see in the near future. These Parabolic Curves May Not Line Up, but I am curious to see how they hold up as time progresses
I am very interested in jumping into this trade if I can get it at the right Price. I will be monitoring this one, as on the weekly time frame the 20MA has acted as support in the past. We had a fairly steep decline in GM recently, and I think an entry near the Weekly 20MA could potentially make this a nice risk vs reward trade. It appears the price has not yet...
I have a position in NWSA for a Continuation to the upside. Recently, we lossed the 50MA, and the BB:20MA. With the recent activity in SPY and QQQ, I'm speculating that this was a stock that was over sold. You can see the price action extending far outside 2 standard deviations of the Bollinger Bands. I believe that this chart is still looking healthy, although a...
I will be watching WorkHorse For an Entry in the near future. I believe there is a strong correlation to how the stock is behaving and respecting the Fractal Candles with the Schiff Pitchfork. I believe there is some more downside to this stock, overall in bullish contex. I would like to see a retest of the 50MA and showing signs of support. If this happens, I...
I have a position in TGTX with a tight stop loss for a Continuation to the Upside. It was in a Wedge Pattern that ended up breaking down to the 50MA today on the daily chart. Unfortunately, I would love to have gotten in at that position; However, I believe the bullish trend is still in tact. I did notice a nice spike in volume today, at 15:30 today, which ended...
Its amazing how clear as day the charts react to pitchforks. I am still uncertain on the general direction of SPY. I am still on the sidelines for Intra-day Trading.
