SwingTtrader

SwingTtrader

Today's market rally is nothing other than bear market rally. The QQQ is clearly forming a descending channel pattern, and I expect more to the downside. I would watch the resistance level at $340, we may to test that and continue trending down. Watch your levels, they are the story telling.

SwingTtrader

BABA is a fundamentally sound business, and if the stock drops another 20 to 30 percent, I will still hold my position, and most likely add more. From the technical point of view, the chart indicating we are nearing the bottom at this level. What we are seen right now is a very healthy correction in the stock. Looking at the chart, I see we had a solid update...

SwingTtrader

IWM broke its weekly uptrend. The next support level is $190, stay tone.

SwingTtrader

This Chinese stock has about 50 percent correction from its all time high. The stock has formed nice looking symmetrical pattern. I expect the stock to see short squeeze coming within the next few days, week, or two. I am long the stock. Good luck!

03:00

SwingTtrader

I spotted this stock, and It has nice looking entry point. I would take long position here and see how this gonna play out.

SwingTtrader

This stock has broke the long trend and now is consolidating. It is forming nice looking bull-flag/ Pennant. Keep an eye on that one. I'm long the stock, and I set target price of $250. Lets make $!

SwingTtrader

If we break this triangle today with heavily volumes, this will take us to target price of $37. Keep close eye on this one. Good luck.

03:19

SwingTtrader

The stock is down big, and we could see bounce back from this level.

02:54

SwingTtrader

Keep an eye on this one. We could see a pop to the upside from here. Let me know your thoughts. Good luck everyone.

SwingTtrader

I have been looking at various charts in the futures, and I see the IWM, Russel 2000 ETF, has the largest gain since the March crash. The index has gained approximately 118%, with minimal corrections along the way. I looked at the weekly chart, and I see wade rising wade is forming. That tells me there will be an imminent correction of 20% or so soon. If we see...

02:46

SwingTtrader

This tech Chines stock seems like is coming back to life. The stock broke from down trend resistance line with large volume. I think it is a valid break to the upside.

02:39

SwingTtrader

I'm long CCL; the stock is been in a nice uptrend, and it was consolidating for the past few weeks. I expect the stock to continue its uptrend from here.

07:57

SwingTtrader

I compared charts from the Dot Com eta with a few of the parabolic moves in renewable energy stocks, and it seems like history will repeat itself. Let me know your thoughts. Thanks,

03:52

SwingTtrader

Here are a few names I have been watching, and today, I entered long positions. LHX, TOL, CSCO.

02:08

SwingTtrader

Loaded up few shares of VEEV.

03:00

SwingTtrader

Why I loaded up on BABA shares last week.

SwingTtrader

Do you want to understand the big picture about the market and what is going on? Look at TSLA's monthly chart, and you will understand.

SwingTtrader

Looking at the long-term trend for the SPY ETF, and I'm wondering which is the direction this trend is going. Can it breaks this long-term and continue moving higher, or is it going to get rejected the same way it has multiple times since 2018? I guess the only way to know which direction this long-term trend heading is to wait and see.