When the yellow lines converter with the uptrend, with some news around earnings it spiked before: the lines are now coming together again around upcoming earnings. Looking for a technical spike after the long squeeze, on high volume, after it goes above the 50DMA.Historically it did this before multiple times. Also there's a gap above 15.16 so it could gap up to...
Come Monday going to look at a position in XBI (if it has not gone too far). Pulled back and spiked at the Weekly 50% Retracement that matches with prior price action. Stop needs to be just below the low of May 11th. The industry for this ETF is Biotech. This should make Cathie Wood happy.
NYSE:GPS fired off a bullish signal this morning at a support level that fit my rules for a long trade entry. I'll be watching this closely through the week as the stock has Earnings on 5/27 which can be a maker or breaker of a great trade.
NYSE:WEC triggered a volatility alert this morning. The level it is at is a former Resistance that has been turned into confirmed Support. It is worth a long trade off this level.
Every day I scan the market for individual stocks within the S&P 500 index AMEX:SPY for short term volatility either bullish or bearish. I have begun compiling these signals into a derivative indicator. This morning's score was a -11. The last time the indicator signaled -11.20 was on 4/16/2021 which preceded a few days of downside in the market. This...
NYSE:AZO triggered a spike alert this morning on earnings announcement. Price action is at a support and worth a buy to play back to the top of the range and beyond. As an aside, used car prices have increased dramatically in the last few months due to the shortage of new car inventory coming to market. Some of this is due to material costs and companies like...
The VIX could have one last spike left in it before it settles down for this secular bull market run. When it settles down it should settle below the '20s but until then a potential catalyst for another spike could be the June 10th CPI release or if a member of the Fed mentions tapering. If numbers come in hotter than expected again, there could be a frantic...
NYSE:HUM Humana's post earnings run-up has pulled back to a 50% Retracement level and held this morning along with a volatility spike.
Cipla - Bullish view , Expecting price to move up to 955. Once falling wedge trend line broken price may move up to 995, Expecting good momentum in the trade. Please visit my You tube channel as well. ;-) youtube.com
I remember seeing this move live in real-time when it happened. It was amazing! Thought of doing a study case of this pattern. The chart is self-explanatory. First, you wait for the first part of the pattern to happen ----> Huge gains + Huge Volume Second, you watch it does the first pullback, and keep an eye on the HIGH. Third, when the stock is making...
I like the price action for a bearish play on NASDAQ:MU . This morning spiked to make a local triple top which is also creating a Daily timeframe triple top. This is a good example of using Multiple Timeframe Analysis as I talked about in my last video idea, linked below. We are using a short term timeframe setup combined with a higher timeframe...
NYSE:VZ Verizon spiked down this morning to a 50% level. It is worth a small risk trade to play back up the dividend catalyst dip from last week.
Have not seen a trade I liked in too many weeks but this morning NYSE:DRE setup a 30m timeframe triple top at 43.07. This also matches closely with the stock's ATH back in November. It is worth a swing trade short shares setup. Unfortunately options liquidity is scarce.
My apologies for the absence of communication. Was sidetracked with other projects and only posted to my website. In the coming sessions, participants will want to pay attention to where the S&P 500 trades in relation to Thursday’s end-of-day spike higher. More On Spikes: Spike’s mark the beginning of a break from value. Spikes higher (lower) are validated by...
HIVE just spiked and did reach our last target set at 450% from our entry. So enjoy and and have fun. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment...
ATM had a good month and reached our target. Since ATM is out of champions league I guess we go down within the shortterm. That's why the re-entry box is that far down. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and...