$NRG very interesting Stock the stock its been on a down trend looking at weekly and monthly but this time might be different and i want to Test this with you guys if a massive volume like that will do the difference and breakup that upper downtrend line.
This company beat the earning by 23.33% and have an estimate for the 2018 year 32% growth follow by a nice consolidation and basically sitting in the trend support ready to blast up to the upside tight Stop on the 22.50 and the target will be 25.50 you can sell half of the position and then let the trend do its job with a trail stop.
So we all aware of the USD is based on oil or the famous black gold that why $GUSH is one of my focus for the upcoming weeks. I'm using supports based pass structures (monthly). with the past market event over all i can see a (rotate) the technology by itself cannot move the market fuel is another way. (Oil & Gas) also if this is the beginning of a bear market...
Buy the DIP!, AMD have good earning, traders over react or just sold for profit before earning or and even shorted to buy lower. with that said the range is beautiful through the consolidation it haven't break that support lvl for month that might be a good potential break to the upside. we know both anything happen and very quickly with the market (volatility). I...
$SIEB another parabolic move that create a huge flag (in my eyes) but whats is so interesting is that green big candle and the amount of volume follow up with a decreasing volume or signal that its not been short in high volume. also that create a base in a way that the past week the candles don't have a wick under it (bottom of the downside move). we might see...
$SSC after a huge sell of in decreasing volume this company have a float 24m great for swing it might be little volatile for some trader and their fundamental are improving over quarter. it start to show signals of reversal on the daily but fist i would like to see a consolidation before running to the upside.
Good example of a double bottom and double top i used the weekly chart to make easy on the eyes and ignore the noise. This company is holding 99% of their stock with a float of 38mil with a strong fundamental base. very good for swing trade and quick price movement. its hard to follow whats going to happen next but wen you go to the daily chart is starting to look...
$SQ is a good example of why to get out of a parabolic move after it happens, or use it in your favor (short) is facing what many call a correction or Elliot Wave. we might also see that happening in $SNAP $TWTR
ETSY retest the 200MA and got rejected like a boss 4 times by now, it might fail one day, well yeah but the volume on that hammer on Friday tells me "not right now guys!"(edited)
you can also notice the same patter August to October in the past
This is an opportunity stocks o sales to buy on. Growth companies that held 70% or more of their shares with a decent...
look at EC its beautiful deep buy i can see the hammer with huge volume confirmation to the upside! i don't event have to trace trend lines for that the trend is your feriend and the trend pays!
Long Swing
in GDI im looking for the trend continuation in the weekly chart the chart closed above the 20MA which is what i use for to make sure the trend will continue nothing under 20 on the weekly. this stock need to close this week above the 20MA. in the daily chart the stock pull back to the 50MA and is tarting to show candles of down side exhaustion, nice...
