This is my second bullish swing trade on NVAX in a week. The first trade ended with a small gain, I exited the trade early because earnings were the next day and I didn't want to hold through earnings. I entered the trade later in the day on Thursday. After a big pullback early Thursday NVAX recovered nicely so I entered at $2.05. NVAX looked pretty strong on...
This is an update to my MS bullish swing trade. I was triggered into the trade on 3/14 when MS pulled back from a recent breakout. On Thursday and Friday, MS made some small gains but pulled back late in the day on Friday. We will see what this week brings, if the market seems to be struggling I will most likely move up my stop loss to reduce my risk.
I am setting up a possible bullish swing trade on AAP. This is what I want AAP to do, breakout above resistance at $119.00 then pull back and re-test the old resistance which now should provide support. If AAP does breakout I will enter a limit order to buy a little above support, maybe at $119.35. If AAP does breakout I would hope to see a re-test fairly quick,...
I am a little torn on this trade, I was initially thinking of maybe going long but after studying the chart further to me it looks more bearish than bullish. Also on the hourly chart, it looks like there may be a head and shoulders pattern forming. I have set up a bearish trade but will watch this closely Monday and if it looks strong I may flip this and go bullish.
Here is a bullish swing trade that I may take if PEP moves over the next several days as I would like it to. What I see on the daily chart is a double bottom followed by a breakout of the double bottom neckline and now the price has pulled back to re-test the neckline. What I want PEP to do over the next few days is to form an S-Curve like the blue line I have...
This is a bearish swing trade I may enter next week. If I do I and it moves in my favor I will be very aggressive when it comes to moving my stop. My 2R target is down at $45.85 but there are three pivot lows that will be in between my entry and my target. To me, AMCX looks pretty weak and even weaker when looking at the hourly chart.
This is a possible bullish swing trade I may enter next week depending on how TXN trades as well as how the overall markets look. Looking at the hourly chart the 100 SMA has been providing support over the past few weeks, so we will see if that continues.
This is a bullish swing trade I may enter early next week, I will be entering this trade with my broker early Monday unless market looks extremely bearish. Here is a view of the hourly time frame.
I am considering taking this Bearish swing trade on SWKS. One thing I worry about is if I am triggered into the trade SWKS just recently bounced nicely off of the 20 EMA. If I get triggered in Monday or Tuesday, most likely the 20 EMA will be just below my entry. I sort of would rather have SWKS move sideways a few days allowing the 20 EMA to move above my trigger...
This is a trade I entered on Friday as a hedge of my other long swing trades. My hope is that the SPY keeps moving higher stopping me out of this position because that will be most beneficial to my long swing trades.
This is a riskier trade, I am betting that the 200 SMA will hold and that Walmart will move higher. WMT has already bounced off of the 200 SMA several times before. My target is $92.75.
This is a bullish swing trade I entered on Friday, I bought the re-test of the breakout. My target is $43.09.
I am a little late publishing this chart, I entered the trade on Friday. NVAX has strong support at around $1.96 and has bounced there several times. My target is $2.34 and depending on how strong NVAX looks I may just take a partial there and trail my stop behind the rest.
ETE has been trading in a channel for over a year now, currently, it is near the bottom of the channel so I am anticipating a bounce higher into the channel. I entered this trade earlier today. If the trade moves in my favor I will wait for two full days before moving my stop.
Okay, this is my bearish scenario for BTC, I already published my bullish outlook. I know, these are about as polar opposite as an outlook could be but I just didn't want to publish a rainbows and unicorns view without at least showing an alternative. It is also very possible that there could be a third possibility, something in between where BTC just meanders in...
First, I should make it clear that I don't have any idea where the price of BTC will be in the next 2 - 3 months. I hope that it will be higher but I am also aware that it could and ready if it does move substantially lower. I don't think it is out of the question that we could see a prolonged period (weeks, months) of lower prices and consolidation. But having...
This is an aggressive swing trade that I will be placing early Monday unless the markets look extremely bearish. I am calling this an aggressive trade because of the obvious roadblocks that it will need to overcome in order to reach the target. Also because If I am triggered into the trade and it moves in my favor I will be quickly moving my stop loss up to...
BTC looks to be forming an inverse Head and Shoulders pattern, (Coinbase 12 hour time frame). This will be a big test for BTC, Bitcoin has struggled since late January to push above $11,800. We will know shortly if this time it can break through that level. One thing that concerns me is that it looks as though the volume is dropping off, I would hope to see the...