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
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...
CRM has broken its long term trendline after bouncing off prior longterm support and successfully retested the trendline. All the way up from here
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
Breaking out of a downward wedge after re-testing prior support with increasing volume. The recent retracement is a great place for a stop
McDonalds is breaking out of a downward wedge after re-testing prior support
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
HAL is continuing it's larger uptrend after breaking the descending trendline
$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
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)
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...
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...
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...
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...
As RUSS 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 very heavy volume The 20ma was broken, pulling in moving-average traders off the side-lines A recent low offers a perfect spot to put a logical technical...
CRSP got some attention a few months ago with the Netflix series "Unnatural Selection" in which it melted up for a while before crashing down on profit taking As CRSP broke its minor downward trendline and came back down to a retest, a long position with a good reward to risk ratio can be entered with a tight stop. Factors leading to the decision: The recent...
TECH recently broke its major upward trendline, creating a short trade possibility with a small risk and high reward. As this trade progresses, longs would will be forced to exit, creating a potential for a steep move down, at least to the trend start around $190 Factors leading to the decision: Price was rejected trying to make a new high in January,...
As SJM broke its minor downward trendline and came back down to a retest, a long position is entered with a tight stop. Factors leading to the decision: The small recent downtrend has been broken The downtrend was broken after a few bounces off of major support that's been important for months The 20ma was broken, pulling in moving-average traders off...