fallingumbrellaman

fallingumbrellaman

SNAP is setup to breakout of a nice little inverse H&S pattern. I will buy at a break of 21.50 or maybe even a pull back to the yellow uptrend line. The last HS pattern hit the target and then some. This one could set up a larger double bottom. Could be a great long term hold even!

fallingumbrellaman

Looks good to short. Will monitor for an hourly close below the neckline

fallingumbrellaman

yesterday we had new highs on big volume, looking for more of the same today.

fallingumbrellaman

Looking for volume to clear 1265. As always this could fail and be a great short opportunity instead.

fallingumbrellaman Updated 

AMD looking like it's about to blow up 20-25% again. Friday is always a good day to see what people really think so let's see how we open tomorrow. A no brain entrance for me is if we gapped up on 1M+ shares in the first 10 minutes of the market open. I would enter with a stop below the open price.

fallingumbrellaman

Perfect day for a longterm breakout. Need a good closing price for entry.

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See how this plays out!

fallingumbrellaman

$BAC and $XLF (and $SPY) formed a nice inverse head and shoulders at support. Banks and indexes looking for higher prices.

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Ok we have one inv head and shoulder that has fired and completed. Now we have definite possibility that another will fire

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Looking like a possible reversal pattern happening. Good long entry at 20.55

fallingumbrellaman Updated 

Another retail clothing stock looking like a potentially good setup.

fallingumbrellaman

This would be a good time to nibble on some $INTC. Sellers look like they are losing interest here where a long term up-trendline and the upsloping 200sma meet.

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Look at that breakout volume..BOOM! This is a high probability setup that has solid upside.

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Text-book ellipse breakout with expanding volume, what a beauty! Huge upside potential, $PENN is looking wonderful too. Yeah I said it....ellipse breakout!!

fallingumbrellaman

Plenty of upside left to the double bottom target. Consolidation pattern offers a good risk/reward for yas.

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Folk love their coffee and doughnuts. This has been a buy from the beginning. Price continue to rise.

fallingumbrellaman

Just like a lot of the $HACK sector names, juniper is looking great here

fallingumbrellaman Updated 

Looks really good. Watching this and other retail outfitters to see which one blows first.