This trade will serve me as a hedge against the other long positions that I'm planning to open today. This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day. Allocate less than usual capital if you would like an extra layer of safety. The market...
Be careful with this one. It is a highly risky trade from a technical perspective, however, I'm keeping the Stop Loss at circa -1% in order to preserve capital. We traded V a couple of weeks ago, and we made a quick 4% . Visa is one of my favorite stocks to trade and it hardly disappoints me. Corridor broken out after a 3-month correction following an...
This trade will serve me as a hedge against the other long positions that I'm planning to open today. This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day. Allocate less than usual capital if you would like an extra layer of safety. The market...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day and I keep my stop losses really tight. Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day. Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum. About Entry / Exit, I have two options,...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day. Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum. - Breakout past a long correction - RSI...
We traded EXPE a couple of weeks ago , and we made a decent 4% return. Ascending Triangle broken out after a 3-month correction following a great bull run. Multiple support confirmation on the 5-min chart. Support manage to hold up quite well even during the recent meltdown. Indicators are obviously not on our side, since we are playing the bounce. - 6-month...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day. Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum. Bullish Pennant broken out after a 3-month...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day. Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum. Ascending Triangle broken out after a...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day. Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum. - Breakout past a 3-month correction - RSI +...
Nasdaq's bull run was unreal. Out of this world. Irrealistic, many would say. We all knew this was going to happen at some point. Call me delusional, overly optimistic, or even naive. But I am not panicking just yet. We broke through resistance and a pull-back to the new support is a healthy signal. We need the Nasdaq to slow down, we need to put a break to...
We all knew this was going to happen. You don’t need to be Bill Ackman to realize that the S&P 500 would hit its head soon. It was predictable - easy to spot. The question is though: is this a simple retracement or the beginning of a crash? The only certainty is that every time that the S&P 500 touches its 4-year resistance line, bad things are going to happen...
Corridor Breakout out of a 1-month price correction. Strong possibility to hit the uptrend resistance line. Target price set at resistance line bounce. - Historical Uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $467.15 Suggested Stop Loss $456.41 Target price $525.55 Note that I tend to adjust stop losses in order to secure...
Ascending Triangle formed into an Uptrend Corridor and new support confirmed multiple times in the past 3 days. Target price set at resistance line bounce. - Historical Uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $3275.86 Suggested Stop Loss $3202.77 Target price $3647.41 Note that I tend to adjust stop losses in order to...
Corridor Breakout graduating from a 2-month correction period. Note that vaccine-related news might make or break this trade, this is why I keep the stop loss fairly tight. However, I feel positive given today's news and the upside could be massive. Target price set at a new potential resistance line. - 3-month uptrend followed by a 2 month correction period...
In order to decrease the risk associated with this trade, I strongly recommend waiting for tomorrow's earnings call: I like to play it safe and decrease unnecessary exposure when possible. A negative price reaction to earnings might invalidate this whole trade. Ascending Triangle with clear uptrend Support. Target price set at a new potential resistance...
Ascending Triangle formed into an Uptrend Corridor and new support confirmed multiple times on the 5-min chart on 25th Aug. About the entry, you have two options. Chasing the price entering with a Buy Stop order or waiting for a better entry with a Buy Limit. It comes down to your appetite for risk and current trade situation - I will most likely go ahead with a...
Bullish Pennant formed out of a price correction that interrupted a 5-month uptrend. Positive COVID vaccine news will act in our favor. Target price set at corridor resistance line bounce (May and Jun points). Note that I have set a very tight stop loss (right below today's VWAP) because I have a few trades going on. However, given the upside, you might want to...