See notes on chart. I entered trade today (10/4) because I was waiting to see overall market direction. My stop is $57.50 and will trail up. 1st Target $71 - T2 $81. Let's see how she plays out.
I am already long this trade from last week on a break from the triangle I've drawn which was an early entry. I'm looking to add to the position if /when it breaks above and closes higher than the Mar 2019 high of $188.08. The first target after breaking out is the $198 area. If it can clear that area I'd look for it to test the all time highs around $210. The...
This is an update to an earlier post on $TTD. TTD is nearing a support area with 3 different supports and will be interesting to watch. It is approaching the longer term up trend line. Just after that is the shorter term down trend line and under that still lays the 50 day SMA. I'm looking to go long on a confirmed up trend reversal off any of these areas. The...
On this weekly chart you can see both a double bottom and a longer term cup with handle. I plan on entering this trade on any further move up in the days ahead. My first target is around around resistance at $158 and if it break thru that level I can see $170. Feedback is always welcome. I publish my own trade ideas which help me to be accountable to myself....
$IQ looks like it's ready to start a new rally. I'm looking for it to pop out of the Ichimoku Cloud. It has bounced off of the recent down trend line and looks to be headed back to the longer term up trend and emerge from the cloud. Once it does these things I'll likely open a starter position.
From where I set this looks like a great set-up for a break either way... If it breaks down I can see the 1st target at around $49.75, then $46 and finally a retest at $40. If it breaks up: targets $58.49, $61 and then to test all time highs. Feedback welcome!
Looks like $CRL is forming a nice bull flag... I am anticipating a break to the upside. But patience may be required.
Nice bull flag here on $CGC. While it is in the middle of a trading channel, I'm looking for this to break to the upside. I'm looking to go long on an open above the flag around $48.40ish. 1st target is just over $50 but if it can keep moving past $51 I'd look for a retest of the October highs.
Looks like $IQ is getting ready to breakout after a nice flag consolidation after earnings. I planning on going long on an open above the flag. Maybe around $27.80. I see 1st resistance at about $30 level. If it can push past there I'd look to take profits around $32.50ish.
I'm looking for an entry on a bounce off support on a swing trade. First target around $200. If it can clear that, new all time highs.
Perfect bull flag. Target #1 - $172 Target #2 - $183. However, I'll exit regardless prior to earnings or if there is a reason to sell such as a breakdown. I am long. While I believe this is a great entry point, if not already long, I urge you to do your own research, I do not give investment advise.
Notes on the chart say everything... Let's see what happens. (I am long YETI from $21ish)
This is a very bullish trend with a nice consolidation pullback. I'm looking to enter on the long side with an opening bar above $185 within the next few days. Then on to test the previous high and hopefully into higher highs. If this happens I'll establish some trailing stops to protect profits. I'm not recommending a trade here but if I enter in the next few...