ArturoL

ArturoL

Looks that the market found some support and is going to bounce off for a few days. Santa Claus rally? I closed this trade a few days back (see related ideas below), but If see a retest at the top of the channel again I will reopen a short position. Earnings season is coming, I don't think growth stocks are going to do well this time. This could finally push the...

ArturoL Updated 

The price just broke the huge falling wedge after 2 years. It looks that is turning around. It's a cheap stock and it has been going up for the past 8 weeks. I just bought some and I'll may add some more weeks from now depends of how it goes. Great risk and reward trade.

ArturoL Updated 

Pair may or may not test the down trend line. I just opened a short position, if the pair bounces off the trendline I'll add.

ArturoL Updated 

Price bounced off the long term support with a lot of volume. In the daily just broke a bullish flag. Very likely to retest the ~154 resistance. Put a wide stop loss around the ~80 zone. Hold it for a couple of months.

ArturoL Updated 

Price has formed a bearish flag since April. The latest weeks bulls couldn't push the price higher and the sellers took control. It can break down at any moment, I opened a small short position, if it breaks down and closes under the flag resistance with high volume in the daily timeframe I'll add to the short. SP above $95.

ArturoL Updated 

The pair is failing to break the strong resistance and it was rejected twice. It needs a correction before trying again. SP above 149.

ArturoL Updated 

GAP just made a nice breakout of the big falling wedge. It is possible that the price pulls back on the upcoming days, a good chance to add to my long position. Looking to make 50% of profit on the next weeks. It will be choppy ride but it is worth it.

ArturoL

Hugh inverted HS, more than a year forming the pattern that already broke the neck. I'm holding this one for at least 4 months. Great risk and reward.

ArturoL Updated 

I hold IBM in my long term portfolio. It is great company and pays good dividends. I'm planning to hold it for years to come. Just added after the last drop. It delivered good earning results last week. Great moment to buy or add. This is not a trade, a long term investment.

ArturoL Updated 

Top chart shows XOM approaching to a major resistance, bottom chart shows oil futures. Oil still trading over the uptrend resistance but is loosing steam. It might break down in a few weeks from now and XOM will follow. Keep it it in your watchlist to short it. I have a small short position waiting for a nice rejection to add. I wouldn't open new longs in energy...

ArturoL Updated 

CAT is forming a bullish flag in the monthly timeframe since February 2021, this is long term trade, more like an investment. I keep it in my long term portfolio, and it gives out dividends. I'm going to hold this one for years, just enjoying the dividends while is going up.

ArturoL Updated 

Price is forming a doji candle at the top of the downtrend channel. I opened a short position, but if you want to be more conservative wait until the next week and see if price can't go any higher.

ArturoL Updated 

The pair just confirmed a rejection of an old support now resistance zone. It's resuming its downtrend and now is a good time to open a short position. Is going to take a few weeks to get to the TP zone, just hold it.

ArturoL Updated 

Top chart in monthly timeframe. Bottom chart in daily timeframe. I opened a small position with a wide stop loss. If the price climbs up above the trendline, I'll add. Plan to hold this trade a few weeks.

ArturoL Updated 

Price is retesting the broken support now resistance. I don't think is going to break it through. I just bought some puts expiring on dic 16. Let's how it plays out.

ArturoL Updated 

Nice bounce off the support level. Apple ready to retest the resistance level. Most likely to push the index higher too. We still are in a bearish market, I bought some calls that expire in two weeks, price can turn around at any moment.

ArturoL Updated 

No much to say. Continuation pattern. Following the current downtrend, accumulating underneath the resistance. If price breaks out below 112 most likely to keep falling

ArturoL Updated 

Price is bundling up on a bearish flag ready to break down at any time. It is worth to open a small position, if price bounces off to the upside I will add to my short position, same thing if it break down. This trade can last a few months but the risk reward is big. Just a little patience.