casanova1012

casanova1012

BABA looks prime for a climb, waiting on elevated volume to confirm NYSE:BABA

casanova1012

This looks like a half decent cup of coffee, i'll try it!

casanova1012

It's amazing how many patterns you see when you search for them, unless of course im delusional

casanova1012

Looks as if people are looking at the same thing here, volume rising.

casanova1012

Still too early, but a nice cup of Joe is forming here

casanova1012

Ascending Triangle, looking to decide outside the channels

casanova1012

Nice hot cup of joe right there

casanova1012

Head & Shoulders Pattern on Z. Looks like the neckline is breaking here

casanova1012

AS you can see, this looks like a classic head and shoulders pattern out of a text book, adding to that the sellers are in still in control imo of the broader market

casanova1012

Looks like a great channel

casanova1012

Looking to long here: Looks like the buyers are stepping in here SL below $1200

casanova1012

GLD is at its lower channel line. Selling is slowing down here Reasons for going long - At oversold on stochastics - Volume is increasing at lower channel

casanova1012

Will consider tightening my stop when SPY reaches its gap @ 205.79ish area. We may find support there. Current stop price at previous bars high.

casanova1012

The SPY is approaching a major resistance zone which makes me hesitate going long as there may be some sideways trading for a while until the markets builds some type of momentum. Would recommend going short here however the SPY still needs to break its minor upward trendline and show some weakness through declining volume. Will consider taking this trade once the...

casanova1012

We may bounce here, however I believe we will be going sideways for awhile

casanova1012

Bank of America is breaking resistance from an ascending triangle. Volume is also increasing which is a good sign. Note that June historically has been a very foggy month for the market as most market makers go on a vacation all month and have there computers set on autopilot, making sure stocks stay in a range. This means that false breakouts occur often.

casanova1012

First breakout of ascending wedge failed, time to retest

casanova1012

RLGY broke out of an ascending triangle yesterday, but failed to stay above support. At this level, just above the rising trend line, along with forming a hammer doji candlestick pattern. Stop below trendline @ 46.99)