jaxdog

jaxdog Updated 

$ROKU Looks to have a "Shakeout Plus 3" or Double Bottom Set-up here. I've done the calculations for an entry according to shake-out plus 3 rules. However, I also like to see it clear a resistance area which I think makes for a better trade. This will be on my top watch list for next week. Ideas, not investing / trading advice. A word of caution, this chart...

jaxdog Updated 

I just opened a 'very early" position in $SNAP. I like how the KMA's are acting and the fact that it seems to have broken the downtrend line. It looks like there is going to be resistance in the $62 to $63 area which is probably a safer entry point. However, I like my risk level here as I can run a very tight stop. Note on Chart. Ideas, not investing / trading advice.

jaxdog

If $FDX closed around this area, we have 5 hours left in the day, so we'll see. This could be a nice set-up going into next week. All TBD.

jaxdog

Pretty simple here. Looking for $PATH to break above it's IPO high of $83.39. I have an alert set at $83.50. Ideas, not investing / trading advice. This is an IPO so if you trade this trade small with a wide stop, IMO.

jaxdog

$DBX I'm trading this as a rebound from a bottom basing play. You can see my logic on the chart. $DBX also beat on earnings however, it was not a big beat. We'll see what happens. It should be able to run the the first resistance line for a small profit. But I'm hoping it can bust thru there, at which point I may add, and it could go up to the next upward trend...

jaxdog Updated 

Looks like $AMD has had a double bottom or as William O'Neil calls it; "Shake-out Plus 3." I've shown on the chart the calculations and the area of entry. For a better understanding of the pattern google "Shake-out Plus 3." Ideas, not investing / trading advice.

jaxdog

$DBX I'm trading this as a rebound from a bottom basing play. You can see my logic on the chart. $DBX did also beat on earnings however, it was not a big beat. We'll see what happens. It should be able to run the the first resistance line for a small profit. But I'm hoping it can bust thru there, at which point I may add, and it could go up to the upward trend...

jaxdog

I've been looking at a gold play for awhile now. $PHYS seems to track "real gold" better than $GLD. I just opened a new position as it both had broken the down trend line but I also wanted it to retake the 200 DMA. I've got a tight stop on this. You can see my entry and stop on the chart. I'm looking to gold / $PHYS as a hedge on the inflation headlines. Ideas,...

jaxdog Updated 

$MRVI is a fairly new IPO and looks like it is in it's first IPO basing process. The proper buy point would be a break out of the highest high with volume. I like early entries so I've set an alert a little lower as it surpasses the most recent high. If the market is good and it alerts me, I'll be looking for a logical entry where I can define my risk. $MRVI...

jaxdog Updated 

$RVLV Had an earnings surprise of 130.8% and a revenue growth of 400%! It's breaking to ATH's here. Looks like a real growth story so I've opened a position here. You can see the entry on the chart with a stop below today's low. If it can't hold today's low I'm wrong and gone. From earningswhispers.com Revolve Group (RVLV) Reports 1st Quarter Earnings Revolve...

jaxdog Updated 

Not much to say about this one except what's on the chart. $RBLX did miss on EPS and Revenue but, the street likes the 140% sales increase anyway. I can't ignore this strong action. My stop will be 6% below my entry. A fairly tight stop for an IPO. Ideas, not investing / trading advice. From earningswhispers.com: Roblox Corporation Cl A (RBLX) reported a Quarter...

jaxdog Updated 

$DXC Here's one that broke out on 4/29 that I missed. Lucky for me it pulled back a bit on 4/30 where I opened a position. I am looking to add to that position if it can break above the upper resistance line I've drawn where I have an alert. Earnings are coming up so need to be mindful. You can see my entry on the chart. I'm hoping this will run into earnings, All...

jaxdog Updated 

Here's one that's hard to ignore with over 45mm shares traded and volume up over 1200% on average daily volume of about 4mm shares. I have an Alert set at 23.68. Probably won't take this trade today but it is on my watch list to see what happen over the next couple of days. Ideas, not investing / trading advice. From earningswhispers.com: 3D Systems Beats 3D...

jaxdog Updated 

$JMIA The so called $AMZN of Africa reports earnings on the 11th. I have no idea what to expect but it's a market in it's infancy. This stock is also in a "Falling Wedge" pattern that often times resolves to the upside. All TBD. This might be a good one to put on your watch list. I would not touch this until after earnings. Ideas, not investing / trading...

jaxdog

Looks like TESLA is fading to a no mans zone here. It is in a very critical area. If it keeps dropping the nest nearest support area is the lower blue line. It could negate this downtrend if it were to rally hard over the shorter term downtrend line. I have an alert set on that line as I tend to be an optimist but anything can happen here and the whole tech sector...

jaxdog

I've opened a position based on a number of technical and fundamental indicators. If however, it cannot hold today's low, I'm wrong and gone. On a technical basis it has broken it's recent downtrend line. It has also risen above it's most recent high and it seems to have found support at the support area I've drawn with the blue line. Things I don't like is that...

jaxdog Updated 

I've been waiting for an entry on $ALGN. They reported earnings last week with a beat and higher guidance. It's been a tough market but I expect to have a breakout of the cup with handle formation. Looks like it has a nice shakeout going here. The proper buy point is the top of the handle. I like early entries as a starter position so I have an alert set just...

jaxdog

As you can see on my chart the NAS is in a clear up trend. Yes, it's been choppy the last few months and has been difficult to trade. It's holding it's newest lower support line (nothing magical about that line just a frame of reference). We would still be in a confirmed up trend if it were to drop down to the longer term trend that started around the end of April...