umaidsiddiqui786

umaidsiddiqui786 Updated 

I have been tackling LABD/LABU day in and day out. I have somehow made some profit week by week. I am trying to figure out which was the better trade as I think it has come to the tipping point. I believe LABD is the winner. I see bearish sentiment in the short term market and I see an inverse head and shoulders or a cup and handle formation. On LABU I confirmed...

umaidsiddiqui786

Although earnings is right around the corner, price is getting ready to enter demand zone, could be an ample opportunity to long. Although, I strongly recommend waiting until after earnings to enter the trade. Demand where the buyers are at, supply where the sellers are. I plan to long few options positions.

umaidsiddiqui786

I could be incredibly wrong, but, I believe that we are on wave E in the elliot wave triangle for silver. I believe silver has stumbled into a pennant formation and can be primed for huge gains after it breaks out. It may follow the previous flag post drawn from the bottom of the pennant formation. Although I do not personally trade silver I may take small LEAP...

umaidsiddiqui786 Updated 

As far as popular reversal patterns go, ascending triangles are no bottom of the barrel. Although I still am a new trader, I have been committed to the market for just over 1 year. With that said I have been watching LABD/LABU in proximity of market trends. When the overall market is bullish I trade LABU with success. When Market is bearish I trade LABD with...

umaidsiddiqui786

Looks as if Qual comm has formed a bullish cup and handle. Trade long for the 153 price level resistance denoted by the orange line. Safe bet is to trade the break out. If you are risk tolerant, the handle may still yet have formed be careful (tight stop loss).

umaidsiddiqui786

Etsy looks like it is forming a cup and handle going into earnings. Trade the break out at your own discern through earning or after earnings.