alexp

alexp

Intel might get lower and test the bottom of it's bearish channel. Target is a bit above the major support line

alexp

This is a classic 2-legged pullback to EMA set up for GOOG. Should work measured move up and close the gap at around 735-740 area soon

alexp

As we can see, GOOG is tightly locked in bearish channel on weekly chart. If we project the first leg move in a channel down, we can see that the measured move target is pointing to 570 area - right where the major support is. Is it just a coincidence? I doubt

alexp

There are several reasons to enter this trade: 1) it's a failed breakout long after first break of a bear trend line 2) it's second entry short 3) it's a two bar reversal after the market has trapped bulls (bear bar is 4 cents higher than bull bar) Ideally, should work all the way to the bottom of a bear channel around 64-65 area (and with >50% probability...

alexp

Second entry short after hitting double/tripple bottom at major resistance on weeklies... Should go lower now, most probably to 16.50-16.00 trading range area (and breakout test) - this is where major support lies nowadays

alexp

Should test the bottom of the channel now

alexp

This is an example of how DDD could have been traded throughout Nov once proper trend lines and trend channel lines were identified. Finding a proper support/resistance levels is always a key to the successful trading and trend lines/trend channel lines are often providing very good support & resistance, as seen on this chart. Depending on the price action, the...

alexp

Second entry short at the top of 9-10 trading range should bring it down to the new test of the bottom very quickly. Looks to me like a pretty reliable trade here

alexp

This reversal bar from yesterday is not looking good for GOOG at all. First of all, it's very close to major bear trend line which has not been broken yet. Secondly, the major resistance around 713 seems still to be in place. Thirdly, the measured move target after October crash is not reached yet. Short off 691 should be a good trade to get into for the new...

alexp

AAPL recently had a bearish trend line break, a push above EMA and now it made a double top at 595 level - a first failed breakout after trend line break usually leads to the new test of previous trend lows. If triggers below 582.50 - should move all the way to 520-530 area, stop loss is at 600 - above major resistance

alexp

Long at the trend channel line after two-legged PB. Should give a good to test to recent highs. March resistance at 83.70 is a good magnet here

alexp

AAPL is showing a strong resistance at EMA 20 and after a minor trend line break it should give a re-test to 520 area again soon

alexp

Weekly measured move & trend line target lies in 600 area

alexp

QQQ has a strong support in 60.55 area and the measured move target is pointing into that area too It's quite a risky to get into short trade right now, however, once we reach this area and get a trend line break - I will start looking for longs

alexp

JPM is now in a good position towards bouncing to the top of its trending channel off the trend line (after two measured legs down). Trigger level with a stop order - 39.70. Stop loss is at 38.10 level - below major support line. Target is 43 area - an area of major resistance.

alexp

After bear trend line overshoot and two legged re-test of the previous low and setting up a new low - it's the right place & time for a bull trend to start. Should get back into 1.04xx zone quite soon

alexp

EURUSD is continuing its move in a bear channel and should be testing the bottom of a channel around 1.2620 area sooner or later

alexp

It looks like GOOG is targeting a strong support at around 635 area which is likely to be broken within few days time and it should eventually work out towards measured move target at around 620 area.