I've moved $NVDA to the top of my watch list! As you can see by the chart we have some nice consolidation going on for the last 5 weeks. The shorter term trend is running at about 45 degrees and suggests that the resolution is higher prices. I'll be looking for a breakout to the upside with volume in the coming days or weeks. Looks to me like there is plenty of...
Good for my watch list... I traded this last week and bailed on Friday's weakness (6/12/20). I'm looking for this to break above the wedge again. I'm targeting an entry around $73.50. May execute today or in the near future depending on market and volume.
I put a half position on $ROKU breaking above the flag area around $114. I'm looking to make this a full position but I'm going to wait to see if it develops a handle on this small cup. That pullback, if it happens, should be a great opportunity to start or add to a position. I think $ROKU could challenge it's all time highs in the weeks ahead. Ideas, not...
I've had $TWLO on my watch list for awhile now and it's looking more and more like it's getting ready to break out and up... I'll be looking for an entry above the wedge with some volume pushing it out. Ideas, not trading advice.
Earnings and guidance beat for $CHGG on 6/9. Adding to my watch list. I like the looks of this Bull Flag here. I'll be looking to enter on a close above the trend line and over the round number $60.00. I'll also want higher than average volume on any beak-out. Ideas, not trading advice.
I like $QCOM's fundamentals going forward. However, I am more of a technical trader. I'm looking for QCOM to break up and out of this bull flag. I'll look for a close over this flag for an entry with increased volume on the breakout. These set-ups have a high failure rate so I'll run a tight stop once executed.
Here's an idea for your watch list. I like the looks of this Bull Flag on $ATVI. I'll be looking to enter on a close above the trend line around $72.65. I'll also want higher than average volume on any beak-out. Ideas, not trading advice.
$QCOM just broke above a consolidation area it's been digesting for about 2 weeks. I started a 1/2 position at $82.05. My stop is going to be very tight at $79 since these types of breakouts are prone to failure. However, I like QCOM's story so I'm willing to take a chance here. This is a swing trade for me so I'll look to add on a push and 5% gain to a full...
I just entered half position looking for skyward move. It cleared recent highs and is just a few $$ from all time highs If it clears last all time high I'll go to a full position. Entry $91.01. Stop below yesterdays low. Ideas, not investing advice.
I think the chart says it all. Nice consolidation for a few weeks here. I'm looking for this to breakout to the upside out of this box. I'll be looking to start a position over $107.50 if it can break with volume and the general market is still looking good. If it breaks the box to the downside and has a substantial close below the 21 EMA my thesis is wrong....
I opened a position in this just before closing at $57.99 I like that it held it's gains going into the close. It's a decisive breakout on earnings. Let's see if it holds. My stop is low of day today.
I like how $LSCC has had a nice long period of consolidation. It seems to be breaking out here on earnings after stumbling a few weeks ago. I opened a 1/3 position today as I like the strength of the follow thru. Entry $21.50 Stop $19.99, just below today's low. I'm hopeful to bring this to a full position over the few days to a week. I'm looking at a minimum of...
$IRBT is back to my action watch list. It has broken the downtrend line AND filled the gap. It's not actionable for me yet. I'll wait for a pullback, hopefully around $53.50 or so AND then resume it's uptrend. Once it does that I'll open a 1/2 position unless it gets too close to earnings which is likely. I think earnings are on Feb 3. Ideas, not investing /...
I liked how $QCOM broke out from it's down trend line over a week ago. I was waiting for it to hold and pullback then resume it's up trend. It did that today. I've opened a 1/2 position today at $91.42 with a tight stop loss of $89. I'll be looking to add to the position if it continues it's up trend. I my exit this trade prior to earnings depending on how much...
Looks like we may have about a 6 to 8 week cup w/handle here. I like the way it's shaping up. I'm looking for this to clear the $27.10 level. One for the watch list.
I had drawn a rising wedge pattern a few weeks back. Then it broke higher than the wedge and pulled back in. I' asking for feedback from the community as to what we have now. Is it a wedge or channel. and if it's a channel, was that break above the wedge and pullback enough to change the picture?
I liked how this broke out yesterday with some good volume. I'm in at 108.36 with a Stop at $104 T-1 $117 T-2 $133. I'm playing this with the Apr $105 calls... Ideas, not investing advice.