mroberts1204

mroberts1204

Oil & Gas stocks are setting up and breaking out all over the place. XLE and XOP are in really nice pullback buy levels. XOM setup and breakout is a tell imo. Commodities acting well. RRC has been sideways for a nearly a year and appears to breaking out of a cup and handle formation. I'm long via Dec $37 calls today.

mroberts1204

With shiny rocks breaking out (hopefully for real this time), the gold miner IAG looks poised for some serious upside. I've bought shares over the last few days and have built a sizable long. The stock trades kind of funky and has had a tough time breaking free from this tight consolidation recently. Today appears to be confirmation if it can hold.

mroberts1204

CLMT is a company operating in the oil & gas industry. They got an upgrade from Goldman Sachs today. Nice break above all recent highs and out of a HTF. Let's see if it sticks...

mroberts1204

The Russell likes its fakeouts. We had two to the upside recently. We could be seeing a fake breakdown developing now. $170 is the level I'll be watching. A close above there on Friday would be a trigger a long with a target of $185-$190.

mroberts1204

Look - my wife loves shopping at Lulu's. Her friends love the brand as well. That's not a reason to buy a stock - but at least you know its not some scam. You're actually buying a decent company. So there's that. But also, this thing has held up really well during the recent bloodshed. It actually had a really good April after bottoming out in March. LVLU printed...

mroberts1204

MP has been a strong stock and looks to be putting in a successful retest of prior resistance. It is finishing strong and has good volume today. I'm already long this name, but would consider this a good spot for new longs as you can set stops below today's low. My stop loss will move up to that spot.

mroberts1204

$TSM broke down from a massive range / double top. After price peeked back into the range and above the 20-day, it reversed and closed below both after today's action. This deviation likely leaves a lot of bulls offsides (bull trap) which could fuel a selloff in the stock. There's no reason to believe that Apple is planning on moving away from TSM or that there...

mroberts1204

Really like the way SOLUSD is breaking out from its trend line after tightening up. We got a quick bullish retest today confirming breakout. Easy spot for a long here with defined risk.

mroberts1204

SQM is a Chilean chemical company and a supplier of plant nutrients, iodine, lithium and industrial chemicals. It is the world’s biggest lithium producer. Monthly chart looks great. Nice breakout on the daily today. Long

mroberts1204

Regional Banks look terrible here and have shown relative weakness recently as the indices have been making new highs. If the market decides to correct, I expect KRE to see some more downside.

mroberts1204

Took a short entry this morning on TUP with 7/16 $24p. Clear rejection at prior support (now resistance).

mroberts1204 Updated 

If we assume that bitcoin just experienced a "Wyckoff Spring" and is in the middle of Wyckoff Accumulation then this is a way to visualize what may happen in the coming days/weeks. Conversely, if bitcoin is unable to remain above the new low (the "Spring"), then this schematic is invalid and is likely re-distribution and significant downside remains. Stay flexible...

mroberts1204

Clean breakout in progress for SNAP. After a lengthy consolidation, price tightened up before exploding higher today. Solid relative strength and relative volume add further confirmation to the move.

mroberts1204

After a ~500% run this year EOLS settled down and found gap support at $8.25. It has since put in a cup w/ handle pattern from which it broke today. The volume today is well above average and should be a signal that this breakout should hold if the market wants to cooperate. I went long this morning and will stop out if we undercut today's breakout candle.

mroberts1204

Explosive looking small cap setting up here. I took a cheater entry this morning on the mini flag break. Will look to add if it cap break above the highs.

mroberts1204

I took a long on 5/26 (dotted red line was my stop) and added to that position today. Clean breakout above resistance.

mroberts1204

Breaking out on big volume from a VWAP pinch setup. Ethereum scaling plays have been hot lately with $MATIC breaking out with serious strength. $0.31 the first target

mroberts1204

MANA looks like it is ready to go! It recently broke out from VWAP resistance on big volume. That volume continues to pour in as it challenges a major area of supply. A break above $1.50 should trigger a quick run to $2.00