About meWe are the Young Investors Club @ UCF, a student run organization that teaches and spreads our knowledge and passion for the financial markets to any students interested, of all skill levels.
This will be the club trade journal for everyone to track.
After creating a double top today I have a short term bearish view on $FB.
MACD on the hourly is starting to turn bearish and we may see a downward cross by the end of the week. We are also in a sharp rising wedge right now so a breakout to the downside of that wedge could result in some bleeding for the stock.
Lastly, the market is ON FIRE right now and I...
I am long KNDI here after filling it's breakaway gap form mid-july. After a heavy two week sell-off, the stock is finally showing some strength after filling that gap.
After trading down to a low of 14.79 today, KNDI rallied more than a full point to form a textbook bullish hammer reversal candle. I am long at 15.75 with a PT of 17.47 - Approximately at the...
RSI is extremely overbought on daily. Also MACD has been pretty flat on daily, but bearish cross could come soon. Reaching heavy short term resistance. Plan on shorting to 23.50 and finding support for long-term position on Q3 and Q4 earnings.
Short MSFT 45.5 weekly puts on a near test of the 45.5 level. After testing that line twice, it has failed to breakout again today.
MACD is flattening out, stochastics are heavily overbought and price action is near the top of the Bollinger bands. Option IV also very low, near 13%
Although holding strong through last weeks 3% S&P correction, $APA has pulled back off of it's post earnings highs. After starting a minor downtrend, we have seen a nice bounce of resistance and are forming a bullish engulfing candle. If we can rally into the close, I see a breakout of the topside descending resistance line.
Investment time frame: 3 days
After producing a stellar quarter back in May, $TSL has erased nearly all of its gains (40%). After bouncing between 11-13 in the summer months it seems that stock has found a very solid base in the low 11s. After almost dropping to $10 we have seen price action test the ascending downside trend line multiple times and it has held strong.
The MACD also has made a...
Looking for a bounce off of the bottom support line and small pop towards the Apex where I expect the price to continue to consolidate. Currently have a slight bullish sentiment towards the price action.
A breakout on volume of the top descending trend line will be a bullish signal, where I will then look to test resistance at $46.05
After suffering a $4 pps drop over the last two trading days, $AAPL printed a bullish candle stick on the close. Sellers pushed the price down to nearly $92.50 but buyers were able to pull it back up signaling a reverse in the trend.
We are also testing an intraday support line from 7/2 right at yesterdays close. With the MACD flattening out, looking to make a...
It looks like $YELP is entering a channel of rapid decline again just as it did earlier this year. After getting a boost from the $OPEN buyout, investors are starting to put less emphasis on hopes of a buyout. Janet Yellen's comments earlier this week on the extended valuations of smaller cap tech stocks is definitely not helping $YELP's cause either. For a...
$MGM has been bouncing off a strong upward sloping support level since late April. Over the past week we have seen consolidation with small bodied candles and short trading ranges.
After testing the 50ema yesterday, we closed just a few pennies above that level. I am looking to see a nice bounce off of this support line as well as off the 50ema. Will be keeping...
Really nice spinning top reversal on $APA after a short term downtrend.
Great follow through candle the next day with small wick on the top showing a lot of buying strength throughout the day. I am bullish on this name until we test support at 102 where I will re-evaluate.