Trade_Soup

Trade_Soup

Could AMD be entering the second leg of it's breakout to all time highs (ATH)? (Side note: don't take this as financial advice, I'm just some guy on the internet) While I have already taken an aggressive entry on AMD this past Friday after it gave the signal that it was moving from a Stage 1 Trading Range into a Stage 2 Uptrend, I figured I could still describe...

Trade_Soup

Earlier this week, I took a trade on SCHW on the 30 minute chart. Found it had been rallying on higher time frames (HTF) from a pullback. I decided to scale down to a lower time frame chart to find an entry. Preferably a pull back. Decided to enter on a bull flag. The previous day had shown strong bullish buying pressure as indicated by the bullish candlesticks...

Trade_Soup

After a great rally on SCHW today, we are moving into the close with a bull flag that is nearing the bullish trendline and the 20 Exponential Moving Average (EMA). Still holding my position from the open today with a trailing stop. Expecting another leg up from this flag if we see a good breakout tomorrow. Hoping to see a nice 4R trade from this swing.

Trade_Soup

AMC is currently forming a falling wedge on the daily and weekly charts. With earnings coming next week, there could be a possible catalyst for a move to higher prices. As you can see, the wedge is coming to a close. Bulls may start buying if they see AMC as undervalued and bears could start covering their shorts since this would be a good place to take profits...

Trade_Soup Updated 

AMD has provided us with amazing trading opportunities over the past several days. Largely in part due to it's breakout to ATH and surpassing $100 for the first time. This has been quite a large breakout, giving us a nice and tight bullish channel on the lower timeframes. Of course, this rally has to come to an end at some point to form a larger bull channel....

Trade_Soup Updated 

Currently, SNAP is forming a 4hr Bull Flag. Entry: 77.50 Stop: 73.40 Profit Target: 85.70 Additionally, SNAP just experienced a breakout to ATH on the weekly chart with strong volume.

Trade_Soup Updated 

MRNA is forming a breakout on the 4hr chart. Entry: 362.10 Stop: 335.70 Price Target: 414.81

Trade_Soup

Entry: 33.28 Stop: 30.58 Price Target: 38.68

Trade_Soup

Litecoin has entered a stage 2 uptrend with clean pivots. I will be looking for a pullback to the $182-$185 area on the daily/weekly chart since that will approximately be a 50% pullback from the peak and will be sitting on strong support. My target will be the $295 area since there is another past pivot at that area. This is where I expect for another reversal...