carson5016

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Markets Allocation
50 % indices 50 % stocks
Top Mentioned Symbols
UA 50% | 1 INDU 50% | 1
carson5016 carson5016 UA, D, Long ,
UA: UA Longer Term Trading Idea
44 0 0
UA, D Long
UA Longer Term Trading Idea

UA has been in a long term uptrend since the breakout from 2012. Notice the trendline starts after resistance becomes support and tests multiple times confirming the baseline. The long term trend was recently retested around $32. As price is continuing to drop this trendline is possibly going to be retested. A good long setup idea is setting up in this area. ...

carson5016 carson5016 INDU, D, Short ,
INDU: Overall Market giving a potential strong bearish pattern
26 0 0
INDU, D Short
Overall Market giving a potential strong bearish pattern

Just one traders opinion on what's to come. Remember, traders don't get paid on opinions. Have a bias, but never be afraid to change it if the market shows you you're wrong.

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