Nice triangle on VG. I'm going to try to limit buy the bottom trendline. I'll also watch for a breakout. Could also sell puts: $13 Aug 20. for $0.15. (23.4% apr) or $14 Aug 20th for $0.45. Earnings is coming up soon. I like the $13 put better. Even if it breaks down, I don't see it going down to $12.85
This one went nicely. I missed a good chance to add to the trade. I also could've set my target higher. Still, a win is a win.
Breakout with heavy volume. ATR is 0.34 and it's gone 0.34 today. Could be a good buy today (7/13) or tomorrow in the low $7.x range. It may retest too.
Nice reversal here. I like the ending volume. It's not really bouncing off of clear support. Upwards neckline of inverse H&S near white line.
Volume could be higher. Nice ratio here. Low stop loss below channel and support to allow for volatility. OIS went up on Thursday while the Dow dropped ~500 points. Comments and criticisms welcome.
Nice uptrend. Current pullback is about 50% of most recent move. May also form a channel.
I've lost quite a few large reversals, but I've had good success with plays like this one. Instead of buying a loser hoping it'll turn around, I'm buying a winner that pulled back. Great trend here pulled back a few days. When it started up again, I jumped on. I'm not sure of the target. I'm hoping it'll put in a little pivot or somewhere to move up my stop...
Looks like a nice reversal after a higher high. Retracement is about 50% of previous move. If it continues up, They'll be an inverse Head and Shoulders with a upward slopping neckline around $8.21. Since the last swing high is about equal to the previous swing high, I'm out before $9. I also think that $5.50 is the bottom so I sold a PUT at $5.00 Aug 20 for...
Double bottom trade is going the right way. MACD crossed up and RSI is over 50.
Looks like a cup and handle. Price is going down today. I suspect it will retest the top of the handle and breakout.
This was an ascending triangle I was following. Friday's sell off pushed it out of it's trendline. Like channels, I started drawing possible parallel trendlines that would allow the pattern the continue. I put my Stop loss below that alternate line. I drew the right-most upward trendline a few days ago. On Monday it was respected. It retested that line today...
Nice channel. 52w high highlighted in red circle. Good earnings. Low P/E. Analysts rate buy. There is a longer term trend line below the channel. If you wanted to increase your win chances you could place SL below that line. That would reduce your RR quite a bit though.
Earlier I traded a channel much like this one and lost. Zooming out you can see that the channel I've drawn in blue is really just a subset of a wider channel. Now that today's low point has appeared, you can see that the blue channel is in fact the lower half of a wider channel. To avoid this mistake: Look for a swing low below the current channel. If it...
3rd touch on lower trend line today. It bounced off as expected.
NNDM was in a downward channel. Yesterday it broke out of the channel slightly. I bought @$7.49. Today after a retest, it's broken out quite nicely. I'm not right often, but it's nice when I am. :)
DM has been on a tear lately. If it falls to bottom of the channel, I'll buy.