ntran3

ntran3

--Cup with handle --Tight price action at the candle --Weekly chart, with better view of Cup with handle pattern with MACD had a lot of momentum and high volume. --Above average volume before ER release --ER: beating estimate, stock gap up 2.3% --Entry above handle --Cut loss below 50ema, but can be move up, if stocks is trending up to keep cut loss...

ntran3 Updated 

--Breakout from flag with W pattern for support/base --Indicate entry signal --Price reclaim the 21 ema --Risk: FED meeting next week, stocks will react (expecting .75% rate hike, just hope less hawkish), Earning report in 12 days --GDP data was up. Good for stocks (Dow was up). Big TECH earning drag down the $QQQ and SSPY --Green energy stocks: ENPH: ER good the...

ntran3

--Cup base pattern --Breakout from a handle --Hold support on the long trend line --Risk: similar pattern of $EURN, these two stocks had merged. $EURN earning due in two days. Stocks will react. FED meeting tomorrow, but I don't think the FED meeting will have that much impact on these marine shipping stocks like the tech stocks. --Reward: Marine shipping stock...

ntran3

--Breakout from W pattern for base/support --Stock drop 8% on ER, gain 1.5% in pre-market --Look like there still demand for green energy --ENPH has good ER and gain 9% on the open --Indicate entry signal on ER. --Could be high reward and high risk, because of ER was not that great, but not as bad.

ntran3 Updated 

--Cup with handle has completely form --Multiple entry point --There still demand for oil and liquid gas --$XLE still on the up trend --Avoid choppy price action --See chart for detail

ntran3

--Breakout of a flag --Reclaim the 21 ema --Tight on 21 and 50 ema signal --Trend channel should be complete on the third (3) wave up --See chart for detail --Avoid choppy price action

ntran3 Updated 

--Bull flag --Inside reverse head & shoulder for base support --Cut loss below 21 and 50 ema --Gain ratio 3:1; 4:1 at targets --See chart for detail --Avoid choppy action

ntran3

--Apple flag breakout with z pattern base/support --Holding on the long trend for support --Note: last breakout and goes to $175. History repeating??? --Risk: earning in 3 days. Stock will react to the ER. Fed meeting 1 week a way and stocks ill react. --IMO: stocks will goes long at least to the first target regardless to the ER. Apple fundamental still in place...

ntran3

--Breakout from a flag with W pattern for base/support --High volume on breakout --Weekly chart also so show breakout on flag --Risk: 2 weeks before ER and Fed meeting --Consider moving stop loss up --$SPY show strength before midterm --See chart. Avoid choppy price action --Gain ratio 2:1, 3:1

ntran3 Updated 

--Double bottom is form for a base/support --holding on the long bottom trend support --Risk: 14 days before ER --Could hit near target before ER --Would close position before ER in this market condition --See chart --Avoid choppy price action

ntran3

--Look like TNP making the handle of the cup. --Buy if breakout of the handle, aggressive entry --Or entry can be above $19.25 (if breakout) --better buy point if breakout close to 21 ema --Cut loss should not be more than 8%

ntran3

--Look like $TNK making the handle of the cup. --go long if it break $33.34 --target at 41.39 (gap on far left side need to fill)

ntran3

--Inverse head & shoulder breakout --long looking strong --RSI at 70 and hit short target, might come back for a re-test at the neck line --Could be an entry point again at the re-test at the neckline

ntran3 Updated 

--Form a flag pattern with inside W for support/base --Closed green at middle of 21 ema --Total break out from flag, would reclaim the 21 ema --MACD show entry, RSI above 50 --Cut loss below 21 and 50 ema(s) --3:1 gain ratio at first target --Avoid choppy price action --See chart for detail

ntran3

--Form a flag with a W base/support --Reclaim 21 ema --Cut loss below 21 ema --Gain ratio: 2:1; 3:1; 4:1 --See Chart for detail

ntran3

*Breakout from a flag with not particular pattern in side of the flag. *Reclaim 21 ema for support. Risk/reward look good for entry. *Cut loss below the 21 and 50 ema(s) *See chart marking for detail.

ntran3 Updated 

--$Spy hold tight on the life support level waiting for PCI --Inflation peak yet? --Depends on CPI report, lower than expecting # might see a bounce or another leg up --Higher than expected, leg down for sure.

ntran3

--Bullish candle on CPI report --hold on tight for a couple days on 21, 50, 200 ema(s) --Re-claim 200 ema --Breakout from W pattern 3 days ago, awaiting for CPI report --Cut loss at 7%, gain 2:1 ratio --Avoid if choppy price action --Entry above 1.25-2% (play safe) --MACD show entry for couple of days, RSI above 50 --MACD shows strong momentum --Small gap above at...