marketstrats

marketstrats Apr 6, 2016

Buy on dip to 59-60 with a stop below rectangle support. Ride upward with 50 MA into 200 MA. Risk a buck for $4 upside. This one might not materialize after strong day today. Hands off if so.

marketstrats Apr 6, 2016

My stop is below bottom rectangle and 5 day moving average .

marketstrats Apr 6, 2016

Twitter generally trades terribly but maybe that changes with a positive sloping 50 day moving average for the first time in several months. R1 is 17.50 and R2 is 19.00, which is my first target.

marketstrats Apr 5, 2016

This previous high flyer could be making a move soon. Declining 50 day means don't hold long. Quick breakout trade only.

marketstrats Apr 5, 2016

Can play this one a few different ways. I;d like to be a 5 day moving average pull back near descending trend line for bounce. One could also buy the break over horizontal resistance near 17.50. Despite big fade today, closed above trendline for first time since last 2015. Wouldn't be surprised to see this squeeze higher. 50(SMA) slope still negative for now.

marketstrats Apr 5, 2016

I'm a buyer if we kiss the trend line on a morning dip

marketstrats Apr 5, 2016

Bull flag forming here with earnings a couple weeks away. One of the few stocks green today showing relative strength. Could bust through that 200 moving average soon on its way to $110. See where this thing opens tomorrow and adjust your risk accordingly. Ideal entry sub 104 on a morning gap down. Stop below micro support ~102. So risk $2 to get $6.

marketstrats Apr 5, 2016

If this falls back in triangle, watch for a test of $50 and 50 day moving average.

marketstrats Apr 4, 2016

Let's see if it gets a second wind.

marketstrats Apr 4, 2016

Close matters more today but looking good.

marketstrats Apr 4, 2016

Might need more time but the chart is sliced in two at this level. RSI turning overbought here on hourly - not yet on daily.

marketstrats Apr 4, 2016

Key level upcoming. Watch it get tagged.

marketstrats Apr 1, 2016

Higher highs, higher lows

marketstrats Apr 1, 2016

Still holding. Worth mentioning that RSI is still breaking through.

marketstrats Apr 1, 2016

Trending nicely into earnings

marketstrats Apr 1, 2016

People with long term time horizons were freaking out and wanted to sell. Show this to anyone who says technical analysis isn't real. Simple supply and demand.

marketstrats Mar 31, 2016

5 day sloping up. 50 day being tested a few times over last couple of weeks. It has finally flattened and would turn positive with any cooperating price action. Risking 75 cents below 5 day and micro support in upper 15s gives a nice risk/reward. $20ish would be first target. Lots of room overhead. Close over 17.10 and we're off to the races. Not sure...

marketstrats Mar 31, 2016

Not a strong close as the 52 price level was rejected but relative strength to the S&P was outstanding all day long. Still waiting for that higher high on the intermediate term that would come with a break of the pink triangle. Might be a good time to raise your stops if you entered around 50.