ahollis

ahollis

Feels like a possible setup for a two-weekish swing trade. The stock hasn't broken the trendline yet and is still trending long with decent volume. Two possible entry points: the bounce off the trendline retest or near support @ around $40.50. Profit Target: $49 Stop Loss (Trendline Retest) $41.90 Stop Lost (Trendline Break) $39.90

ahollis

Looking for some feedback on a possible trade setup. In reviewing the major timelines the stock seems to be overall bearish except for the bullish uptick that started around November. I'm anticipating to get into the trade on a possible retest. We have an evening star reversal pattern with minimal shadows for the highs and low. Based on the volume all signs are...

ahollis

Generally speaking, I'm looking for this stock to come out of its current bearish trend and go bullish after a possible retest when it breaks the trend. Volume looks good. We also have a Morning Star indicator as of today's bullish candle. The stock also appeared to close at a support level and the bullish candle has no upper or lower shadow. At best there is a...

ahollis

One week chart shows an accumulation phase with S/R @ 7.83 and 9.91 respectively. The daily chart shows strong resistance @ 9.82. Based on previous entries at my suggested buy point the swing appears to take around eight trading days. Using my Buy, Stop, and Sell points. This setup has a risk percentage of 3. With a stock reward per share of 2.05 and a R:R of...

ahollis

7.48 appears to be a solid area of support for this stock since 2/8/16. There has been a close, a open, and several touches very close to this level. More importantly, the last time this stock closed around this price, it touched what appears to be resistance at around 9.73. Of significance, the volume for that day (3/17/16) was 5M. Volume as of late is double...