StairsTrades

StairsTrades

Long over 20(200MA on daily).. - Broadening formation - RSI oversold - bounce of TL support - PT1 23.18 - PT2 28.11 - PT3 30.45

StairsTrades

SPY is at Trendline support here! But there is also a bearish wedge forming ! If the price breaks the wedge to downside.. What's the trade here ? #RedDevilTrades - Short SPY if 380-379 support breaks - Cover 25% at 368-369 zone - Cover 50% at 356-358 zone - Cover rest at 328-330 zone. For the market's sake & our 401Ks let's hope it doesn't come to 330. But...

StairsTrades

Here are the levels I'm watching for a relied rally on SPY. For any true reversal we need to close over 385 with volume. #RedDevilCharts

StairsTrades

This will be a long swing trade for me. Lumber is in good demand too :)

StairsTrades

$BCC showed good relative strength on a red day yesterday. Have this one on your WL today !

StairsTrades

Excited to be testing out a new trading system called PowerX from Markus Heitkoetter. The indicator is available free on TradingView. Give it a whirl, if you are curious.

StairsTrades

$DKNG has so much tailwind going for it & earnings is the perfect catalyst which can push it through to new heights !!

StairsTrades

$MARA will be a bitcoin sympathy play. Here are the levels Im watching. #RedDevilTrades

StairsTrades

$PLTR In Cathy do we trust ?? #RedDevilTrades

StairsTrades

ADBE had a bit of a selloff on Friday. Here are the levels I'm watching for ADBE for next week. #RedDevilTrades

StairsTrades

TTD had a monstor ER and if the market co-operates it can run this coming week ! Here are the levels I'm watching. #RedDevilTrades

StairsTrades

Waiting for price to break out of the pennant here. The targets are provided based on Fibs.

StairsTrades

Looking to enter $CRSR on the break of the pennant to the upside to go long. However, pennants can be bullish/bearish based on how the price moves out of the pennant. The same logic can be applied to go short if the price moves down out of the pennant.

StairsTrades

$CRM was down recently on the acquisition news of Slack. But I see Slack being a shrewd acquisition and will complement CRM numbers. A positive ER call & a co-operating mkt should take them close to $300 PT.

StairsTrades

Tight consolidation. This will be a monstor breakout if it breaks the pennant to the upside !!! Keep this on WL

StairsTrades

Waiting on a bounce off of 200 SMA to enter long.. Waiting on the symmetrical pattern to play out.

StairsTrades

Came under my radar after a scanner. These are the levels Im monitoring !!

StairsTrades

This came across one of my screeners as an undervalued company .. The sector seems to be hot. Keep this on your watchlist. #RedDevilTrades