twinstrader

twinstrader

IBB has bounced 2x of lower bollinger band and fib level. Keep in mind this is the monthly chart so risk is wide & the move will be slow but could be very large. Risk about $30 for unlimited upside. If Hillary gets elected, all bets are off. @twinstrader

twinstrader

Power candle through 20sma and a series of higher highs and higher lows on the weekly. I bought around $128 and sold near the close today. Likely heading higher so I'll be looking to re-enter on pullbacks. @twinstrader

twinstrader

Huge earnings gap up and been consolidating that big move for a month. Looks like the next leg could be very soon. @twinstrader

twinstrader

Bounced off key fib level and put in an inside week. Long over last week's high, short below it. Good risk/reward either way IMO @twinstrader

twinstrader

This is a fantastic example of Post Earnings Announcement Drift (PEAD). If you are not familiar with the concept, do yourself a favor and learn it.

twinstrader

DD has been in a perfect channel for the 2nd part of the year. Likely due for a rest here but a decent amount of activism in it so you never know.