TradeAnatomy

TradeAnatomy

AG's pricing pattern is becoming more constructive each day. As silver continues to move higher, we'll see if AG follows.

TradeAnatomy

XPRO is making a strong move off its 50-Day moving average. Looks like the initial stop is near 17.

TradeAnatomy

HCC seems to be ready to move out of the base with today's pivot. It's resting midrange in the buy zone. Initial stop is around 36 for position sizing purposes.

TradeAnatomy

The Nasdaq remains a clear risk off situation. 1. New lows continue to expand 2. AD-line remains under the longer-term moving average 3. Price is looking to break below the lower channel support again.

TradeAnatomy

Last Saturday, I said that 10,000 for BTCUSD shouldn't be the focus, but instead to focus on the slower trailing stop 8,200 just in case Bitcoin took a breather. Well, BTC has continued to climb and has now put in a cluster of orange crosses over the last several days. These orange crosses are designed to highlight when a stock, crypto, oil or any other trading...

TradeAnatomy

BTC crossed 10,000 and everyone goes wild, but that shouldn't change your process and how you approach each trade. Bitcoin's main trend changed in early January and from there began to build a constructive pattern that created several entry opportunities. In late March and early May, BTC gave solid entry opportunities. If you set your initial stops correctly,...

TradeAnatomy

CIEN is moving quickly premarket and if the price holds today, then there's a clear trend change. Watch for it to consolidate for a few days and then look for a possible continuation of the new trend.

TradeAnatomy

AMD has been under accumulation for the last few days and has in place multiple pivot point days (green bars) on higher volume. Looks like 27.15 (pink dotted line) could be used for the initial stop.

TradeAnatomy

TNDM is trying to clear 70 and put in a pivot point move today. If the price holds the trend will have switched to the upside. Current trailing stop for position sizing purposes is near 62.50.

TradeAnatomy

LULU has moved below its trend support of 165.08 on high volume and needs to close above that to maintain the current trend.

TradeAnatomy

AMZN is within $10 dollars of its current trend support line. A close below 1809.86 changes the trend for AMZN on the daily chart.

TradeAnatomy

XRP went to a short-term sell when it closed below the 2.70 area on the 45 minute chart. Initial support levels are around 2.15. If it moves through 2.15 then 1.95 comes into play and finally the 1.77 area. If XRP moves through 1.77 then watch for daily support near 1.66. Just a reminder that on the longer daily timeframe that XRP still has a ways to go to...

TradeAnatomy

Dash - A top marker occurred on 12/20 and it's recently tested the 900 area. From a trading perspective 909.64 could be used as the trailing stop.

TradeAnatomy

Similar to XRP and ETH, DASH put in a top marker on 12/20. Dash has tested the 909 area recently which makes the tighter stop at 909.64 a logical price to exit if DASH closes below it.

TradeAnatomy

ETH is setting off the upper alerts ( orange crosses) today which is usually an indication to tighten trailing stops. Right now the trailing stop could be moved to the 692 area.

TradeAnatomy

On the 15 minute chart BTC made a nice move from the 13,500 area before the trend changed near 15,000. It's bounced around since then and closed below the main trend line again. BTC might need a little time to round out a pattern here before offering a new entry. The main trend support is near 14,630.

TradeAnatomy

$XRP has been on an impressive run since mid-December and has now moved from around .25 to 2.60. The alert markers have been going off for the last few days which can mark near term tops. For now it looks like moving the trailing stop to around 1.65 to 1.67 would be a good idea.

TradeAnatomy

$ICHR and many others in the $SMH field were heavily sold this morning, but most have bounced back to stay near highs. Based on the alert indicator( orange triangles), a large portion of these stocks $UCTT, $ICHR, $AMAT, etc. need time to consolidate the most recent run.