Great story on this stock. The $AMZN of Africa? You can see my entries on the chart. I'm looking for this to possibly be a monster stock. TBD, but it's strong right now.
I haven't posted any trades lately so here goes. I've had my eye in this one for awhile now. and when it opened strong, broke the down trend line to the upside while also having a downgrade to sell from Citi, I decided to go long. You can see my entry price and stop level on the chart. I will say that my stops are dynamic, meaning that I may sell sooner if it...
I missed my proper entry on this a couple days ago. Should have pulled the trigger around $100.25. I usually don't chase a stock and I won't pay more than 5% from a proper pivot So, I'm right at that level here. I like how it's broken to ATHs. Now everyone in it is making money and there is no overhead resistance. (Doesn't mean there aren't sellers ready to cash...
I opened a position in this on what I thought was a breakout on Dec 9. As you can see it's been hanging around that resistance line for awhile now. Since it keeps wanting to go above it I've set an alert at $69.40. If it can break and close above that level I'll be adding to my position. If instead it sinks to new recent lows I'll cut my existing position. On the...
$DDOG has been all over the place the last few months but it has manged to regain the 8 EMA the 10 SMA the 21 EMA and the 50 Day SMA. It is also comfortably above the 200. If it can push over $102.70 with some volume I'll likely open a starter position. IBD has a relative strength rating of 93 on this one too. There is plenty of negatives on this chart too (Chop)....
$NVS has been in a consolidation channel for 8 months now. It's tried and failed to breakout several times... I'm looking for this to break to the upside soon. With this much sideways action I have to think when it goes it should gain $10 to $15 in very short order. All TBD. I have an alert $0.10 above the last high at $92.20. Ideas, not investing / trading advice.
Looks like $AAPL is working on a proper buy point here. As you can see on my chart I have already built a bit of a position in this. I'm looking to add (it may be a good place to start a position) on a volume break above $125.40. Ideas, not investing / trading advice.
I've had this on my watch list for some time now. It looks ready to break the short term down trend line out of a double bottom pattern. I have an alert set to tell me when it hits the trend line which is just over the $50 mark and it would retake the 50 day MA... I also like the buying volume that has come in the last 2 days. If I get triggered in my price target...
Looks like $AMZN has been consolidating and coiling into a nice little wedging pattern the last few weeks. I'll be interested if it can break above the wedge for a new long position. I have an alert set at $3250 which would break above a recent high. All TBD. Ideas, not investing / trading advice.
As you can see on this chart $SHOP has been in a consolidation / trading range for some time now. It is near the bottom of that range and it may be a decent trade over $937.00 back to the top of the range. I have an alert there and if the market is good and $SHOP has some volume on that rise I'll be looking for a logical entry with a tight stop and target to the...
I'm looking to open an early starter position in $ZS today. I have a limit order that may or may not get filled. A safer entry might be over the trend line I've drawn. If my order is filled my stop will be below today's low. I like the double bottom pattern because it shakes out a lot of weak hands as most see it as a lower low than the previous low and most...
I've been watching $TWLO for sometime now. I like how it's acting and I'm taking a chance that it will re-test the old highs. The volume (run rate) in the first half hour of trading is running about 140% of normal. All TBD. I have a stop below today's low. It's gotta go or I'm out. Ideas, not investing / trading advice.
$DKNG has gone thru some ruff times. They had a secondary offering that did not do well the first week of October. Shares sold off hard for about 3 weeks. Then insider(s) bought 6,922,455 shares between October 23 thru the 26th. Earnings came in lower than expected and of course sports betting is down because of COVID... However, the stock has held up well after...
I'm looking for $AAPL to break above this trend line and out of this wedging pattern. I have an alert set at $122. If we are in a good market and that happens with some volume I'll be looking for a logical entry and a tight stop. All TBD. Ideas, not investing / trading advice.
Back on the watch list. On Oct 22 I had it on and by Oct 29 it had broken down so much I thought the chart was broken and needed time to heal... here we are just about 2 weeks later and it looks strong. I do however, think it's too extended from it's lows to take a position here. I'll set an alert at $40 and look to open a position around there once it turns back...
$TWLO reported earnings on 10/26 and they beat. However, they guided lower than investors anticipated. This is still a strong stock and I believe a market leader. I'm hoping this will drop to the 50 day and find support but, it can do anything including turning here and moving up and breaking the short term down trend line or it could go down and fill the gap....
AMD has broken the short term down trend line. I went long today with a 1/2 position size at $83.50. I have a tight stop price at $81. I'll be looking to add on continued strength with a price target of $94. Ideas, not investing / trading advice.
I've been watching $RUN for a while now. They reported earnings yesterday after the bell and they beat both earnings and revenue and now have several price target upgrades from $70 to $78. I opened a 1/2 position at $58.50. I'll look to add more as it continues to move higher. My stop is tight at $56. If it cannot hold this level I'm out. My price target is $70.00