zachyam

zachyam

$DBX has been ranging in a cup and handle like pattern since late 2018. It looks ripe to break out if it can clear and hold the $27 area. I am slowly legging into long term calls at the $30 strike.

zachyam

Lately I've transitioned into focusing more on longer term swing trades. It helps with drowning out the noise and zooming out to the bigger picture. After all, money is made in sitting and waiting. This is the weekly chart of $WMG. It's a clear illustration of accumulation of the stock, before an emphatic break above its IPO high of $35ish. It's building another...

zachyam

LINK is consolidating nicely in a bull flag type patter above its ATH. Get in now!

zachyam Updated 

$SHOP has been ranging for a few months now. It has finally broken out and held its backtest.

zachyam Updated 

$TME is breaking out of a multi month wedge like pattern

zachyam Updated 

Fairly simple setup for $KCAC here -- it broke out of its short term downtrend and is getting tight as it reclaimed its moving averages.

zachyam Updated 

BTC/USD weekly closed right above a long term resistance level. Next target is $13855

zachyam Updated 

$NIO had an inside day and is tightening for another move up. I think it can trade above $23 in anticipation for its earnings next month

zachyam Updated 

This is the weekly chart for $DIS. In April '19, a huge volume spike propelled the stock out of its multi year trading range. It went on to trade as high as $153 a few months later, before falling back to its range. Early last month, we see a similarly huge volume spike out of its trading range. Prices held, just like what it did back then; more importantly,...

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The airlines industry seems to have found a bottom over the past couple of months while the general market has rallied. It may be a good idea to start accumulating positions in some of these potential long term value plays before a possible sector rotation into the airlines industry. Here $LUV broke out of its falling wedge and the pullback gave us: 1) Support...

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Looks like a good risk/reward play. Long term support has held in a falling wedge after a run up from its March lows. I will start scaling in to long term calls.

zachyam Updated 

$TTWO strong gap up on earnings and consolidating in a symmetrical triangle. I've posted many similar setups in the past (see $SQ, $HD, $WSM)

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This has been on my watchlist for more than a month now. Finally broke out of its trading range and target is ATH of $147

zachyam Updated 

$SPAQ building a nice bottom and broke out of its downtrend with volume.

zachyam Updated 

$FB has had multiple inside days after an igniting and is consolidating on decreasing volume.

zachyam Updated 

$CRM has officially entered the DOW as of 8/31. After a strong earnings result, it is consolidating sideways and primed to break out to new ATHs

zachyam Updated 

Another bullish setup for $SLV. It had a huge runup the last few weeks and I see this consolidation leading to another expansion.

zachyam Updated 

$AMZN is consolidating well within a larger bullish pennant.