I'm trying an early position here in $ARKK as it reclaims the 30 week MA. You can see my stop on the chart however, I'll likely keep it as long as it does not close under the 30 week MA. Shorter term MA's are pointing up so this looks like a low risk entry area with a well defined stop should it turn back down. Ideas, not trading / investing advice.
I simply like this pattern and it seems to be a low risk entry area. You can see my entry and stop on the chart. As you can see below they had a nice earnings and revenue beat. Ideas, not investing / trading advice. From earningswhispers.com: Denbury (DEN) reported 3rd Quarter September 2021 earnings of $0.74 per share on revenue of $343.7 million. The consensus...
Auto auction business on-line. Looks like this could be a winner. I've yet to open a position although I do have a limit order in and I'd like it to fill. This looks like it's now building the right side and could have a nice move, all TBD. Thought I'd post it as you might want to add this to your watch list... Ideas, not investing / trading advice. From...
I've put relevant notations on the chart. I'm putting this on my action list for next week. Many ways to play this one. If it opens in the upper wick that's strong. If that's the case I may go long with a stop below the day low or open. I may wait for a pullback but look for the gap to hold. It could also flag here for a few days or weeks. Either way this should...
On my watch list for Monday. Looking to go long here with well defined support. If it violates support idea is void. Ideas, not investing / trading advice.
$NEWR is a nice example of a PEG. I have this on my watch list to go long on a breakout of the pennant. All TBD. Of course if it breaks below it may form a bullish flag before moving up. This is not actionable now but one you may want to put on your watch list. Gaps like this tend to hold even if it morphs into a descending wedge. In any event I like how the...
Starting a new position here in Task as it reverses and crosses back over the previous low and crosses on the MACD . Signal was on the 5 min chart but had to publish on the 15 min chart @TradingView won't let me publish the 5 min< what's up with that? Ideas, not investing / trading advice.
I started a position in PINS this morning as it looked to retake the 50 DMA. It has now done that and is a Power of 3 Set-up. You can see my stop on the chart. If thinking of taking a trade in PINS do so at your own risk. And, be aware that earnings are coming up very soon. Ideas, not investing / trading advice. Here's a link if you don't know a power of 3...
I like to make trades when a stock that has pulled back retakes and holds the 30 week MA. This is a weekly chart and as you can see we are in week 3 of holding that 30 MA. This is still a high risk trade but risk is easily defined as I'll use a close below the 30 week MA as my stop. Ideas, not investing / trading advice.
I thought I'd throw this chart up since about a month ago I suggested that we most likely are not looking at a "major" market correction. I know that many investors and institutions pay attention to the 30 and 40 week moving averages. It looks like we are now testing the 30 week with the 40 week still below. I am not making any predictions, just showing some...
For those that keep thinking that we are due for a major correction, this chart says no. As you can see we have had 2 consolidation periods this year. The longest and choppiest was Feb to June. Then it kicked up a notch and consolidated again for about 6 weeks in July and Aug. We then broke out of the consolidation on Aug 24th and we are near mid channel. To be...
I just entered this trade without a proper buy signal. I do however, like that I can set a stop just below the gap up which has been holding for some time. You can see my notes on the chart. Maybe one for your watch list. Ideas, not investing / trading advice.
This had a power of 3 breakout yesterday, 9/2 it's following up so far this morning. You can see my entry and stop. Target is blue line although I'm hopeful (not a trading strategy) that it will move past that resistance. Ideas, not investing / trading advice.
I've had my eye on the Semiconductor name for awhile now. I decided to do a little bottom fishing with what I think is a very low risk entry. This bounced off the 200 DMA today and I'm looking for it to hold and continue to bounce. If not I'm out on a close below LOD which would also be under the rising 200DMA. This is a very small position as it is " bottom...
Looks like $DOCN is breaking out of a bull flag formation. You can see my entry and stop on the chart. Stop is very tight since break-outs have not been working well for most of 2021. Volume is up just under 150% of 50 day average. Ideas, not investing / trading advice.
I opened a 2/3 size position on higher than normal volume this time of day. RVol Indicator (beta) courtesy of @JohnMuchow . Ideas, not investing / trading advice.
I am really publishing this chart to show the great indicators made available courtesy of @JohnMuchow (the RVol is beta right now) on @tradingveiw charting service. I am long DKNG as football season is coming up and I think it'll get a nice pop on potential betting activity for that. Ideas, not investing / trading advice.
I've made all relevant notes on the chart. I will be interested if this can push over $205.28 (52 week and ATH) with some volume. Maybe this will get a run into earnings which are estimated to be out in early September (no date announced yet). Might be one for the watch list. Ideas, not investing / trading advice. From earningswhispers.com: last earnings...