mroberts1204

mroberts1204 Pro

The Russell likes its fakeouts. We had two to the upside recently. We could be seeing a fake breakdown developing now. $170 is the level I'll be watching. A close above there on Friday would be a trigger a long with a target of $185-$190.

mroberts1204 Pro

Look - my wife loves shopping at Lulu's. Her friends love the brand as well. That's not a reason to buy a stock - but at least you know its not some scam. You're actually buying a decent company. So there's that. But also, this thing has held up really well during the recent bloodshed. It actually had a really good April after bottoming out in March. LVLU printed...

mroberts1204 Pro

MP has been a strong stock and looks to be putting in a successful retest of prior resistance. It is finishing strong and has good volume today. I'm already long this name, but would consider this a good spot for new longs as you can set stops below today's low. My stop loss will move up to that spot.

mroberts1204 Pro

$TSM broke down from a massive range / double top. After price peeked back into the range and above the 20-day, it reversed and closed below both after today's action. This deviation likely leaves a lot of bulls offsides (bull trap) which could fuel a selloff in the stock. There's no reason to believe that Apple is planning on moving away from TSM or that there...

mroberts1204 Pro

Really like the way SOLUSD is breaking out from its trend line after tightening up. We got a quick bullish retest today confirming breakout. Easy spot for a long here with defined risk.

mroberts1204 Pro

SQM is a Chilean chemical company and a supplier of plant nutrients, iodine, lithium and industrial chemicals. It is the world’s biggest lithium producer. Monthly chart looks great. Nice breakout on the daily today. Long

mroberts1204 Pro

Regional Banks look terrible here and have shown relative weakness recently as the indices have been making new highs. If the market decides to correct, I expect KRE to see some more downside.

mroberts1204 Pro

Took a short entry this morning on TUP with 7/16 $24p. Clear rejection at prior support (now resistance).

mroberts1204 Pro

Clean breakout in progress for SNAP. After a lengthy consolidation, price tightened up before exploding higher today. Solid relative strength and relative volume add further confirmation to the move.

mroberts1204 Pro

If we assume that bitcoin just experienced a "Wyckoff Spring" and is in the middle of Wyckoff Accumulation then this is a way to visualize what may happen in the coming days/weeks. Conversely, if bitcoin is unable to remain above the new low (the "Spring"), then this schematic is invalid and is likely re-distribution and significant downside remains. Stay flexible...

mroberts1204 Pro

After a ~500% run this year EOLS settled down and found gap support at $8.25. It has since put in a cup w/ handle pattern from which it broke today. The volume today is well above average and should be a signal that this breakout should hold if the market wants to cooperate. I went long this morning and will stop out if we undercut today's breakout candle.

mroberts1204 Pro

Explosive looking small cap setting up here. I took a cheater entry this morning on the mini flag break. Will look to add if it cap break above the highs.

mroberts1204 Pro

I took a long on 5/26 (dotted red line was my stop) and added to that position today. Clean breakout above resistance.

mroberts1204 Pro

Breaking out on big volume from a VWAP pinch setup. Ethereum scaling plays have been hot lately with $MATIC breaking out with serious strength. $0.31 the first target

mroberts1204 Pro

MANA looks like it is ready to go! It recently broke out from VWAP resistance on big volume. That volume continues to pour in as it challenges a major area of supply. A break above $1.50 should trigger a quick run to $2.00

mroberts1204 Pro

AMAT has been stair-stepping higher in a bull trend lately. In my opinion AMAT has been a leader in one of the stronger industry groups within tech (semiconductor equipment). Yesterday it printed an inverted hammer after failing to make a significant push below the previous low on 4/19. This is the line in the sand. Today it opened near those lows but pushed...

mroberts1204 Pro

EEM clearly finding sellers at a declining 50-day moving average and now appears to breaking down from a bear flag. Risk-off behavior

mroberts1204 Pro

TUP topped with a beautiful rounding pattern. It is currently showing a consolidation pattern under downward sloping moving averages. It is in a downtrend and should resolve downward. This looks like it wants the teens.