mroberts1204

mroberts1204

AMAT has been stair-stepping higher in a bull trend lately. In my opinion AMAT has been a leader in one of the stronger industry groups within tech (semiconductor equipment). Yesterday it printed an inverted hammer after failing to make a significant push below the previous low on 4/19. This is the line in the sand. Today it opened near those lows but pushed...

mroberts1204

EEM clearly finding sellers at a declining 50-day moving average and now appears to breaking down from a bear flag. Risk-off behavior

mroberts1204

TUP topped with a beautiful rounding pattern. It is currently showing a consolidation pattern under downward sloping moving averages. It is in a downtrend and should resolve downward. This looks like it wants the teens.

mroberts1204

Bear Flag developing in the Qs. Red dotted line around $321 would be a good place for a stop loss. Ugly action in equities lately.

mroberts1204

Here is a logical place for the run in oil and gas companies to find some resistance. These stocks have shown some really great relative strength, but maybe it's time for a pause. I don't think a short is advisable, but I'd be cautious adding any longs here and it would probably be a good time to take some profits from existing positions. Top components of XOP...

mroberts1204

EIP1559 looks like it will be implemented on mainnet and I believe it could be a catalyst similar to a bitcoin halving. Even if it isn't as impactful as a bitcoin halving, it should be interpreted as a bullish event. Based on the recent price action, Ethereum looks like it may lead this next move higher in crypto. Exciting times for the Ethereum community and...

mroberts1204

Looks like yet another stock with a head and shoulders top. It hasn't broken yet so there's still time for JP to save us, but definitely looks nasty.

mroberts1204

The Nasdaq may be building the right shoulder of a head and shoulders topping pattern today. The flip side of this is the failed breakdown last week (in red). Head and shoulders patterns tend to have a downward sloping neckline (black line) so the failed breakdown may not be relevant. Hard to feel confident in either direction at this point, but hopefully we get a...

mroberts1204

HIMX is flagging after a huge run. I plan to use a breakout from the declining trend line to initiate an entry in this name.

mroberts1204

Bitcoin is currently in a falling wedge pattern and continues to find buyers at a major support zone (the Elon Musk breakout candle) while volume declines. On-chain metrics indicate bitcoin is close to a bottom. My gut tells me that participants are positioning for a gap down in equity futures on Sunday night. I doubt we get a breakout before futures open....

mroberts1204

Gross price action in X. This is a clean head and shoulders topping pattern. Steel stocks look atrocious. This would be a top pick for anyone looking to short next week. I do not have a position.

mroberts1204

The market may look like an absolute dumpster fire, but DKNG is building out a handle and is looking quite bullish. Keep an eye on this one for a breakout. Could emerge as a leader if the market can get it together.

mroberts1204

Raven exploded recently and has since pulled back and gone quiet. It looks like it is breaking the downward sloping trend line, but it still must contend with some overhead supply. If it can grind through, we may see another leg higher for this altcoin. With equities firming up, this may be a great time to be long some of the high beta, small cap alts.

mroberts1204

Nice breakout from KHC. Now retesting the breakout with a couple of reversal candles. Great risk/reward setup with a stop below yesterday's low.

mroberts1204

GMS - building materials. Breaking out of a nice base. Earnings on 03/04 BMO

mroberts1204

Yeah that's pretty pretty pretty good. Nice RS during the recent selloff as well. #allkillernofiller

mroberts1204

Looks like SPOT is breaking out of a nice base-on-base pattern. People are probably sleeping on this one after it has been quiet for months

mroberts1204

Nice little high tight flag setup in NSCO. Great volume coming in after a ~90% move.