Nice double bottom on a solid support. Hit target 1 so I will move up stop to lock in about 1.5R's and let it run from here. Most likely will get a retest for the next couple days but hopefully it keeps running. Looks good so far.
Nice double bottom on a solid support. Hit target 1 so I will move up stop to lock in about 1.5R's and it run from here. Most likely will get a retest for the next couple days but hopefully it keeps running. Looks good so far.
Alright JPM has finally reached resistance. I think from here it either trades back down to support in which I will short it OR it will break through this resistance in which I will let it break through and enter on the retest.
My plan for LL is to wait for the retest in that shaded area and buy the dip. Looks like it gapped up nice a few days ago and in my opinion people will take profits at this point causing the stock to take a quick dip. Buy the dip, set your stop, and grab a cold one.
AAPL gapped up and closed above resistance and now is retesting. I think we retest previous resistance as new support and bounce from here at some point. I am in today on the dip and set my stop accordingly. Now its time to sit back, grab the popcorn and wait to see what she does!
This one is pretty easily illustrated. It either breaks out and I will buy the retest and we continue to climb higher or it drops back to support where I will buy the bounce. Easy cheesy lemon squeezy. Gotta be PAYtient with this one.
So CVS looks to be in a pretty nice channel and trading pretty nicely inside it. I think two things could happen. 1, it could breakout of the channel in which I would buy in after the retest or 2, it could trade back down to support which I would buy at a really nice discount. Two entries on the chart, lets see what happens. It could also keep trading in this...
So SHOP broke resistance and closed above thanks to earnings. I do believe from here we get a small pull back and retest and a good buying location would be somewhere in the shaded area. I think that this will happen as long as this long wicked day wasnt the retest. I do believe we get a larger one though. But we shall see.
Alrighty, this one gapped up and closed above strong resistance thanks to earnings and now I am waiting for the retest somewhere in that shaded area so I can buy the dip. Not sure if it already retested quickly or we still have another one coming? Who knows but cant control what the market does, I can however control what I do! Lets see if she takes a digger!
Just follow my arrows on this one! Sticking to that trend line channel to a tee. I think a couple things could happen. 1, it could pop out of the channel and therefore, buy on the retest after the breakout, OR 2, it could trade back down to support where you can buy the bounce at a GREAT price. You could obv also short it back down there but I am just waiting...
It has arrived at our demand location. Buy zone in blue. Look for nice pattern with solid bounce, increased volume. All those red arrows are pretty much the same buying locations that we are at now. If it worked before, why not now?!
Spy has been following that trend line to a tee. Going to wait to buy down at support or maybe the retest on a breakout. You can actually argue that this bearish move is the retest of the recent breakout so I will pay attention to a bounce somewhere in the shaded area. Could be a very strong support to buy with horizontal support as well as trend line support. ...