NAK1987

NAK1987

I have taken a long on todays price action. I really like this story because I think they are the best way to gain exposure to the marine shipping group while being more protected against the eventual return to normal of shipping costs. DAC charters to marine shipping companies. I was originally looking into ZIM and EGLE as potential buy candidates, in that...

NAK1987

Took a starter to the short side on FB . Looks very weak, especially the volume , will add if it breaks gap support. QQQ will likely be dragged down further if FB breaks lower . I also have a long SQQQ position to help hedge a bit incase QQQ breaks lower in coming days . Market is mixed , very choppy . SQQQ and FB are my attempt to reduce beta on my longs.

NAK1987

ASO did an ipo in Oct 2020 , they are not a new company , operates 259 stores in US . Founded in 1938. I noticed that they are exhibiting signs of strong leadership especially seeing how when the market was correcting and putting in a bottom (03/08/21) ASO seemingly had no issues holding their base ranges . We have formed a second base since as the stock has a...

NAK1987

This is one that I have been waiting for the stock to break up into the pivot to get long and I just had an entry alert go off with earnings report out . I like the story, fundamentals and see it as a leader. Here's what I see . Funds holding 57% of float and number of funds increasing every quarter eps , with exception of 2020 is increasing (2020 was still...

NAK1987

May have caught this early and I like the story . Check out the sales per quarter , exponential growth rate quarter over quarter ( from 0.1 million in June 2019 to 1.4 million in Dec2020) . That's very huge growth! . Eps however , has been at a loss which has increased from -0.07 to -0.10 cents in the same period . The found ownership has gone up in that...

NAK1987

We have seen some positive moves in QQQ these past few days , we gapped down on 4/21 but then retook the 10ema on daily closing with a strong bullish engulfing candle , today we are holding the gain well . Took a long , will follow it up , stop under todays low or under 10 ema on daily.

NAK1987

HPE is setting up well for a BO, I just took a position in the aftermarket (primarily based on todays volume, candle and the base we have formed) . I don't like the looks of its relative strength but most similar stocks are in the same boat at this time given the current trading environment and we closed strong overall today .

NAK1987

This is one that I have noticed seems to be displaying nice strength and I like the textbook contraction of volume through this base and the last 4 trading days (buyers gaining strength) . We are in a pop and squat market so I am setting my stop tight on this and earnings is coming soon so I am going to possibly exit prior to this depending on my profit cushion at...

NAK1987

This is a super clean chart , love pretty much everything about it. But lets see how it behaves in the morning , will update if I enter . Looks like there is lots of upside , ill likely enter this tomorrow if it opens nicely ... The share price is low so we need to be extra careful to respect risk here, no more than 7% loss for me if I do enter... PS: Group is...

NAK1987

This was one that I originally did not post and I could have traded it much better. Still was a very profitable trade but I made the mistake of setting a limit target and was out at $9.99. Instead of adjusting the stop based on 10, 21 EMA's, which would have been much more profitable . Either way, I have been waiting for todays pullback to watch closer what...

NAK1987

I think STON is a "potential" breakout . In particular, I say this because of the technical signs. Pay attention to those unusually large buying volume candles and also notice that those holders are still in the trade and have not sold ( there's very little supply being introduced recently) . That stands out as bullish to me and even more interesting is that on...

NAK1987

So funny story ,a few days back I wanted to buy TCOM ( Trip.com) after it bounced off the horizontal support of its longer term channel recently... I entered on the second green day after its reversal , or I thought so lol .But, I was not paying close enough attention and instead I bought TRIP in error. I was correct about it being a good time to jump on TCOM but...

NAK1987

FUTU , has done well today and is turning up from the base. RSI trending up well, Volume confirmation looks good Overhead supply seems depleted and were ready to continue move up . Entered this AM. Good luck

NAK1987

Initially, red market days were associated with negativity for me as they are typically associated with a declining account liquidity , But , when the red days are healthy , like todays digestion of gains, we have opportunities to observe which names are displaying particular strength. URBN is one of the names doing well today . Also , Fridays volume certainly...

NAK1987

HIMX looks great . Volume confirmation, we have a successful break up from basing pattern and rsi is gaining strength . Took a position this AM. Target marked is actually just where I will adjust my stop , if reached. This is a trend following play .

NAK1987

Yeti is looking good , looks to me like we have had only one basing period since the March 2020 crash and this is seemingly Base number 2, I like the massive volume spike experienced in this basing pattern and I like the duration of the basing pattern too , which is a little on on the long side but that's good because YETI has had some time to digest gains and...

NAK1987

Here is a nice trend following long opportunity , the only problem is it has a super low avg daily volume , but the spread was minimal. Recently has entered into a strong uptrend and we are just above trendline support with two nice green daily confirmation candles . Metrics look great , especially the margins and the 7.49% dividend doesn't hurt either....

NAK1987

This is a buy on breakup for me . All lights are green We have a recent entry into an uptrend that is also consistent with the correlating sector , wonderful volume confirmation and a strengthening RSI . A+ for me .