NewAgePit

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About me We are traders who love trading. Love the game, not the money.
Joined Canada NewAgePit
Markets Allocation
100 % stocks
Top Mentioned Symbols
SPY 37% | 3 ANF 12% | 1 GME 12% | 1 GOOG 12% | 1
NewAgePit NewAgePit JCP, D, Long ,
JCP: JCP Volume profile showing much strength
317 0 1
JCP, D Long
JCP Volume profile showing much strength

You can find the volume profile here http://www.napit.ca/?ticker=JCP&aggr=1&lb=12&pr=5 Will open a long position Tuesday morning with the specified limit. The stop will be moved according to open, but will remain above 17.80 - 17.60 Best entry price is 18.50

NewAgePit NewAgePit GME, D, Short ,
GME: Gamestop reversal at 3 year range
240 0 0
GME, D Short
Gamestop reversal at 3 year range

Gamestop is at it's at the high of the range it has been in for the last 3 years. The target on the trade will be adjusted according to the behavior of the stock. This can be anywhere from a day trade to a medium term trade, depending on the market. For an actual explanation head on over to http://youtu.be/BY2Ru6gT5mg and watch a short video.

NewAgePit NewAgePit NRG, D, Short ,
NRG: Selling the news
218 0 0
NRG, D Short
Selling the news

The prices on the chart are different from the ones in ThinkorSwim. Assuming that TradingView data is incorrect. The target will be adjusted according to stocks behavior. This is planned as a short term trade (few days) but depending on the overall market direction could be extended to few weeks. Why is this a good short? Watch the short ...

NewAgePit NewAgePit SPY, D, Short ,
SPY: Next weeks weather forecast
235 2 0
SPY, D Short
Next weeks weather forecast

Our belief is that the markets will end the third week of December with a decline. There should have been more responsive buying, which was not present. Not a good sign for the bulls. A short video. Shows the weakness of bulls in detail. http://youtu.be/muCHYN1QtSc

NewAgePit NewAgePit ANF, D, Short ,
ANF: ANF - not popular anymore? (Bearish reversal)
275 1 0
ANF, D Short
ANF - not popular anymore? (Bearish reversal)

Abercrombie & Fitch is showing signs of no demand and selling. This is a good shorting opportunity, especially if you are bearish on the market. Watch the video for full explanation and analysis http://youtu.be/Ce5-fyZbxsY

NewAgePit NewAgePit SPY, D,
SPY: Possible range during/after FED meeting
216 0 0
SPY, D
Possible range during/after FED meeting

The markets are likely to head lower in the morning and rebound after the FED announcement. The sellers overpowered the buyers today indicating negative retail sentiment towards the FED announcement tomorrow. Also on Monday the market was showing signs of weakness. Watch the video for full analysis! http://www.youtube.com/watch?v=eicRPI2FFgE&feature=youtu.be

NewAgePit NewAgePit GOOG, D, Long ,
GOOG: GOOG Long entry
213 0 0
GOOG, D Long
GOOG Long entry

Some targets for different type of traders. Full analysis http://youtu.be/YEoyNWGxCiQ You can find us on Twitter @NewAgePit

NewAgePit NewAgePit SPY, D, Long ,
SPY: SPY bullish continuation
309 1 0
SPY, D Long
SPY bullish continuation

It would appear that SPY and the market will continue to head north next week. Watch the video for an indepth explanation. http://www.youtube.com/watch?v=e2udWT3RRHg&feature=youtu.be

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