ericsolan

ericsolan

AMT has respected a longterm trendline since 2016. In September 2022, it broke that longterm trendline. Currently it is rising up for a re-test of the trendline from the opposite side. Upon rejection of that trendline, and if it rejects, AMT is set up for a big drop

ericsolan

BABA finally broke the longterm down trendline, directly at a point of major resistance from 2016. Multiple other signals including an increase in volume as shorts begin to close, and a solid cross over the 20ma and a successful retest confirm this trade.

ericsolan

ROKU has found a bottom, bouncing off past support and making a higher low. MACD is also diverging from the price trend Expect a move up here

ericsolan

CAT has multiple signals aligning for a big move up. Bounce off the longterm upwards trendline Big increases in volume at the end of the recent downtrend, indicating a big transition of shares as bears exit and bulls take over Recent cross-over the 20 period SMA A higher low was just put in, offering a very tight stop for a large leveraged play MACD...

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CRM has broken its long term trendline after bouncing off prior longterm support and successfully retested the trendline. All the way up from here

ericsolan

RYCEY has consolidated for a very long time in an extended basing period. Volume has picked up tremendously and a recent low provides a low risk, high reward entry

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Breaking out of a downward wedge after re-testing prior support with increasing volume. The recent retracement is a great place for a stop

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McDonalds is breaking out of a downward wedge after re-testing prior support

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AMZN has a very long uptrend followed by a flag or wedge pattern. It has recently broken out of that wedge with strong volume. Long trade here with a tight stop under the latest pullback

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HAL is continuing it's larger uptrend after breaking the descending trendline

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Downtrend has shifted to an uptrend. Descending trendline has been broken, however volume is low so a tight stop will be used below the most recent fractal (low)

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$ROKU is breaking out of its long-term trendline along with some increased volume. Long trade here with a tight stop under the latest pullback

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ERIE broke its recent upward trendline today, creating a short trade possibility with a small risk and high reward. Factors leading to the decision: Major trend is down Minor uptrend looks like it was a relief rally, and price broke below it in the past 3 days 20-ma was recently lost, pulling moving average traders off the sidelines The recent high fractal...

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TOWN broke its recent upward trendline today, creating a short trade possibility with a small risk and high reward. Factors leading to the decision: Major trend is down Minor trend was up, and today price broke and closed below it 20-ma was recently lost, pulling moving average traders off the sidelines The recent high fractal pattern is also at the...

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ATSG recently broke its major upward trendline, creating a short trade possibility with a small risk and high reward. Two targets are set for $10 and $6.50 as the big target, however like most trades it's better to let it run and trail a stop behind Factors leading to the decision: Price recently broke below the 1-year uptrend trendline Heavy volume as it...

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As PDD broke its major downward trendline , a long position with a good reward to risk ratio can be entered with a tight stop. Factors leading to the decision: - The recent downtrend has been broken with decent volume - The 20ma was broken and held, pulling in moving-average traders off the side-lines - A recent low offers a perfect spot to put a logical...

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As CHMA breaks its upward wedge pattern, a short position is entered with a tight stop. Factors leading to the decision: Huge rejection at the ATH, creating a new major down-trend Lower trendline of an upward wedge has been broken Heavier bearish volume showed up at prior dip, getting the attention of short sellers Price came back up and re-tested the...

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As GNC breaks its major upward trendline , a short position is entered with a tight stop. As this trade progresses, longs would will be forced to exit, creating a potential for a steep move down Factors leading to the decision: Long-term upward trendline broken Decent bullish volume showed up at the trendline break, noticeable to traders looking for a sign...