Love this double bottom off the 100MA and a strong gap up today. I'm getting in with a bullish swing trade.
At ton of volume in the last month, a double bottom and right at the 100MA which is also crossing over the 200MA.. I like this setup and you can put in a limit trade and see if you get filled.
Inverted head and shoulders? Looks like the right shoulder is forming off the 200MA on the Monthly chart. For people with not a lot of money to trade you could buy Calls going way out and see if you can catch this head and shoulders forming.
Do we 1. bust through 2. trade sideways or 3. make a run down? I would love 1 for sure but 2 isn't bad.. For 3 to happen something insanely crazy would need to happen.
This company reported some pretty good earnings today with a very low float of 8 million share. I'm going to take a position and see if this can ride up for a awhile. There is a resistance level up at $4.
I am playing the weekly calls expiring next Friday. This should bounce back nicely.
RUN looks like it's ready to run anytime now. Like the weekly and Daily charts here for a nice little poppy
On the monthly the EEM is breaking out or hitting a very strong resistance. I would let it break out and pull pack to support then get in.
Higher lows and getting squeezed in a ascending triangle. I like this to at least top up to resistance again which is about $2 to the upside and maybe even break out.
Hitting the long term trend line. Up or down? It's going somewhere from here
Are we about to break a long term bearish trend? I like the support area and the potential break of that long term downtrend being broke here. Looks like a bullish swing trade to me.
Big double bottom on the monthly chart and looks like a really nice long term bullish swing trade here.
Good volume and strong lower wicks right on top of huge support. This could make the case of a nice swing trade in the making. If it breaks the lower wicks ride it down hard people in trap city.. If it shows any sign of strength let it ride.
IWM is getting close to a nice move either way. If it breaks the trend line then lower and back down to $150 or if it breaks resistance going higher
If it GAPS below my entry you can buy the weekly puts and ride it straight down to $300 a share. Should get there fairly quickly
USO is right at a very strong resistance level. Do we break out or channel bound? If you think the economy is growing, well you know what to do.