DLTR is probably the biggest champion in the pandemic. It has ultra low cost goods and a large base of stores nation wide. Q4 revenue and profit margin were huge for DLTR. Technically, the stock looks great through the small earnings flag at 109.
The descending channel paired with a bullflag after breaking out of the channel. All this stock needs to do is stay...
The five stages of grief are an ever present reality in life. A loved one passes away, or you suffer through a heart break, you will most likely go through all five stages:
Going through these stages is a healthy way to cope with loss or a painful event. Financial pain is one of the...
Flags are areas of tight consolidation in price action showing a counter-trend move that follows directly after a sharp directional movement in price. The pattern typically consists of between five and twenty price bars. Flag patterns can be either upward trending (bullish flag) or downward trending (bearish flag). The bottom of the flag should not exceed the...
NFLX is so close to a breakout through 555.
The reason for this assessment is the fact that it has been moving sideways under the 555 major price level for some time.
when a stock is under a major level for a few months or even a few years, once its able to breakout through that level the move is usually a big one that investors want to be in on.
NFLX is a...
WIX came out with knock out earnings and formed a clear bull flag on the daily charts. The buy point on WIX for me is 354. I was triggered into the trade last Friday but the pattern still looks good and is still making higher lows. IF volume can push this name higher the first level of profit taking is around 365.
The level of consistency for bull flags increases...
If you were part of my weekly newsletter you would have seen this trade set up on the list as possible to breakout today. The VCP pattern is clear. Really good earnings and solid price point. This stock has pulled back roughly 15% from highs and looks to reclaim ATH in the near future. My entry was 18.30.
Trade smart. Use a stop.
LLY why is in striking distance of highs also is very consolidated on the daily chart. with Q4 earnings are great. Over all earnings are strong with alot of demand for its COVID product.
207.5 buy point with about 25 point for growth.
I wanted to give some insight to those new traders out there of what I look for in trades. I trade technical breakouts and it has worked really well for me. If you have been curious or stuck on what support and resistance look like or needed some reassurance, this video is for you. I will do more in depth videos in the future.
This stock is a perfect example of why you shouldn't yolo trades on earnings. The pattern looked great, and the stock is very bullish and also in a great sector. However, something happened on earnings. I don't really care what happened all I know is it effected the stock price severely. The thing about earning is that a company could come out with the best...
I covered this stock in my live stream the other day and it has made a huge move. Ripping through the 340-350 level and shows no sign of slowing down. Join me this Saturday for another round of market screening!
If your interested in my watchlist visit investoratlas.co
I took a small position in NIO due to the markets being pretty far into a pullback and this name has shown a lot of relative strength today. (green on a red day). Sitting right under resistance this is all a green light for a pop when the markets reverse to the upside. Keep an eye on this name. I will be trailing this with a stop loss under the previous low of the...
IF you were with the watchlist last week this trade worked out just as planned. NVR was basing at the bottom of its range and then showed me that it wanted to move back up. Added to the position and took profits at resistance.
When I first started trading equities 5 or so ago I was such a greenhorn and eager to make my millions in this game. Little did I know my first year would amount to over $10,000 in losses. Looking back, it was working through each losing grade and aiming to understand why I lost money that helped push me to where I am now. Here are some things that helped me.