npatz_2000

npatz_2000

1. Relative Strength Analysis: GMCR has underperformed the SPY and XLP (Consumer Staples Sector) over the YTD, 6 and 12 month periods. 2. "Break the Ice" (BTI) after several attempts at the red/green support levels 3. Now GMCR is in a "Back Up to the Ice" rally 4. Entry - I would wait for a re-test of this swing high in the form of a bearish flag, for instance,...

npatz_2000

1. Relative Strength Analysis: CELG has outperformed SPY and XLV (Health Care Sector) on YTD, 6 and 12 month periods. 2.Breakout of flag on above average volume 3. Entry1 - Previous Close at 123.43, Entry2 - Flag breakout level at 120.16 (not unlikely since we usually see a re-test of the lows after a breakout) 4. Stop - Close below last swing low at 115.72 5....

npatz_2000

1. Relative Strength Analysis: INCY has outperformed both the SPY and XLV (Health Care Sector Spyder) over YTD, 6 and 12 month periods. 2. Wyckoff re-accumulation, 2nd break of CREEK after a successful test of supply in the form of the "Back Up to the Creek" (BUC). 3. A longer term cup n handle pattern, with the handle shown as a flag pattern after the breakout....

npatz_2000

"Forest" view of CNQ Long. Good trading.

npatz_2000

This looks like the potential to be the start of a new Mark Up (MU) phase on CNQ. I will publish 2 charts, this one is the "trees" view, and the other will be the "forest" view. If anyone knows how to link 2 charts together that aren't already published please share. 1. Selling Climax (SC) on significant volume (-22.9M) 2. Automatic Reversal (AR) on increased...

npatz_2000

Looks like a Wyckoff spring to me. Very large volume gap down to test the lows but unable to close below the lows, followed by some follow through to the upside. Ideally would have liked to see some greater volume on the automatic reversal (AR), but patterns are rarely perfect. R:R is good on an AB=CD leg. Good trading.

npatz_2000

Anyone who follows me can see that I am a student of Wyckoff, and this setup is (in my opinion), an ideal secondary test (ST) entry. We have a selling climax (SC), followed by an automatic reversal (AR), then a secondary test (ST). Now anyone who has read Wyckoff knows that he didn't favor these types of setups, because he preferred to speculate during the mark up...

npatz_2000

This is a chart of Vipshop Holdings Limited. Showing what is referred to as a buyable gap by author's Gil Morales and Dr. Chris Kacher, who have written two books on their modified CAN SLIM method, originally by William O'Neil. This is a relatively large gap up (breaking the most recent swing high and the all-time high in the stock on the same bar on approximately...

npatz_2000

This is another trade on the same idea as Royal Bank of Canada. Only this is an example of a 2nd tier entry since the retracement is to the 0.618 level. On this entry we are once again 1 day too late, only on this one we need price to retrace to at least $28.53 to achieve a R:R of 1:2, which is my bare minimum R:R. Initial stop remains the swing low and target is...

npatz_2000

This is a modified Wyckoff Accumulation long on Royal Bank of Canada, I have been testing this entry for a little while, which is why I haven't published many charts lately. Anyways, basically we look for a Supply Climax (SC), followed by an Automatic Reversal (AR) above the prior swing high, then a Secondary Test (ST) of the SC level, ideally a Spring (SP) which...

npatz_2000

This is a combination of Wyckoff and price action. There are many names for this rally up to the upper channel line of the bearish channel, such as "Second Entry", "2 Leg Pullback", "Gartley", and of course "Redistribution". I think this shows an important aspect of trading. Even though there are many different methodologies regarding successful trading, at their...

npatz_2000

Double bottom with confluence of a potential long term bull trendline; reversal candle on increased volume; stochastic divergence; downward channel into a potential broader bullish channel. Not an entry yet, simply a possible bottom, need to see a bullish move (jump the creek - Wyckoff), then a small retracement (back up to the creek - Wyckoff) with another...

npatz_2000

1. Retracement into fib reversal zone 2. Reversal candle pattern 3. Support at gap zone 4. Stochastic divergence R:R 1:5.39

npatz_2000

There is a lot of supporting aspects related to this setup, but don't bet the farm on any one trade, even perfect setups fail, money management is the most important variable to successful trading. 1. 50 ema > 200 ema 2. Tight trading range from 2/2014 to 11/2014, followed by a strong breakout confirmed with increase in OBV 3. During trading range we had...

npatz_2000

I found this stock on a scan for short trades, ironic. At first look everything looks good for a continuation short trade after the gap down on 1/14/15, but on 2nd look the gap down now looks like a classic exhaustion gap. It looks like any short now is a bear trap. We have a tight trading range, a strong uptrend before this correction, this looks like classic...

npatz_2000

This is a methodology that a friend and I have been collaborating on for the last couple of weeks. It combines Wyckoff, S/R, and price action (plus 2 indicators 200 ema and stochastics). Here we go. 1. New swing high on 12/23/14, also showing a divergence between stochastic and price (often a continuation of trend on pullback) 2. Gradual sloping uptrend based on...

npatz_2000

Breakout from pennant pattern, pullback to breakout level. Target AB=CD

npatz_2000

Long term trend - Bearish Medium to short term trend - Bullish 1. Rally off of lows to the 50% retracement level (middle of fibonacci retracement zone between 38.2 and 61.8); confluence with gap down around March 2014 2. Weaker volume on rally than on mark down (shown on OBV) 3. Relative strength is weak, lost about 50% of market cap last year when the S&P was positive