NYSE:UBER Is a great way to make money part time, especially if you can do it to invest that money in to the market. Why do I do Uber? That's simple... I do not trade with money I cannot afford to lose. I love investing but I also love paying my debts. Unlike China... ok that was pretty weak. Anyway... This demonstrates buying the wrong break out and what...
Hello All, This is what I look for when studying a chart. I hope this helps you in doing your own analysis.
Hi guys, Take a look at how I use my indicators along with a brief description of what they are used for. I apologize for the grogginess of the video but I'll have my coffee before, next time! Let me know what you think.
AMEX:SPY Yesterday I posted some trendlines for SPY that ended getting bought up in the morning. Today we are checking in with reality to see if the overall outlook is as bad as it seems. I'll be following these lines closely as well as our Lag RSi since we are showing overall weakness and further downside is very possible.
AMEX:SPY After several days of a massive sell off, the pain looks like it could continue further. The Laguerre RSI shows favor of the bears and we are currently pinched between two of my favorite moving averages to watch. We have a larger trading range opening up and could see price retest higher before continue it's downward momentum. Be careful in this market!
Hey Everyone! I hope everyone is having a blessed day. Today I'm posting a symbol from our watchlist. Spotted in the options market. We are watching INTC to see more strength and break above this trendline and possible downward trend. These are the levels to watch over the next few weeks whether long or or short. NASDAQ:INTC
It's extremely important to look at price action where you are looking to place your trendline. What I like to first start off is with looking at the areas where we have seen either gap up or gap downs. Starting at the most significant relative area to my analysis, I will continue that line, scoping out other gap areas if within reason. Some are very obvious....
NYSE:AMC I actually think this one is going to go higher again... View the historical price action at this trend level. Let me know what you think!
NASDAQ:ANY This stock just recently did a direct offering to fund the purchase of cyrpto mining tools. That looked like it was going to bite them in the butt yesterday but with the flash sale and subsequent recovery, ANY might be a good choice as long as their is no funny business in regards to stock manipulation. Buyers are here and are interested in this...
TVC:DXY We got some tapering news today but on the verge of world instability amidst covid resurgence and the fallout from the withdrawal of US Troops from Afghanistan. Clearly the Mid-East was much more volatile than we were lead to believe. The best thing to do in the market is keep your mind neutral and don't marry your position. As we've seen all year,...
I am going to post some more ideas from our unusual options screener. After seeing some of the plays uncovered here I think it would be awesome if more people could benefit from charts and ideas like this one. For this post we are looking at Starbucks. We are seeing increasing call activity come in on the October 1st Contract at the 125 strike. Let's see how it...
TVC:VIX The VIX has lacked any true momentum break. This could be due to the frenzy buying on any dips but if dips get bought and VIX flies this would likely set a lot of new traders up for big losses. It's always a great idea to learn ways to hedge yourself in the market and understand why that is necessary to be a successful trader.
Here is a long term sell trend channel that spy has been extremely volatile in once we fail to gain any momentum in this area. SPY
NYSE:AMC Can the apes overcome their lack of language and brute force their way above the long term resistance levels? We have them mapped out for you here... Good luck.
NYSE:CSU Capital Senior Living Corp came up on the top gainers for Friday. The stock is showing no real strength in this massive downtrend the stock has experienced. Be careful by jumping into too quickly before you get your information. The Lag RSI Still shows significant weakness ahead.
This one is for NASDAQ:BOXL I had to dig pretty deep to see where there was meaningful technicals that would clearly give this stock a further rise or major resistance. I ended up getting to the 2 Day timeframe and was able to see the ascending wedge pattern we are in here. This stock looks bullish but some profit taking could take place. If we fall below the...
A quick update for NASDAQ:SGMS The entire industry is experiencing a bit of steam such as NYSE:IGT but the technicals here look like it's still got some more room to run. I'm shooting for $80 and then possibly a retest as a handle for the bottom saucer we have developed.
NASDAQ:SGMS This stock looks like it's going to test the upper levels with a possible cross of our multi-time frame moving averages. I also really like the way the stock has touched this cupping pattern and was bought up quickly. The Laguerre RSI is also supporting this assumption by showing legitimate strength in this move.