redykhouse

redykhouse

This is a seriously long term idea on $DAL. It is very early in the idea, but I think the upward range expansion we recently saw in the 3 month bar can be acted on. If all goes smoothly, we could target around $100 for this stock. I think it is finally time. Finally time to own airlines. A good initial stop loss could be around 25 if you are comfortable giving the...

redykhouse

I am looking at $ON Semiconductor here for a potential move to the low $90 range. If the stock can hold strong over what I would call the "mode" in the mid $60s, it is fair to look at the $90 level as a realistic target. The stock has undergone a good bit of balance/consolidation in and around the mid $60 and looks to have a chance to make that breakout into all...

redykhouse

We can see that APE is on a strong upward trajectory out of a recent consolidation that was put in from mid-June to mid-July. I am looking for this uptrend to continue using the support of that consolidation at least over the next 10 days and have a target of approximately $9.50. I will leave it up to you as to where you want to leave your stops and where to take...

redykhouse

I am interested in Roblox here as it is rising up and out of consolidation. For now, it is exhibiting a desire to stay above the recent consolidation range. I would like to take this RBLX long with a stop around $32 and a target at around $51.50. I will continue to watch the position accordingly. I do believe this is a trade to watch as we head into the August...

redykhouse

If you are going to make sushi, you want it to be rolled nice and tight. If you want an asset to squeeze higher, you want the same. This could be an opportunity for SUSHI to squeeze up from the tightening of this downtrend. I believe this trade would be good with a $6.50 stop. Look to take some profits between $9-10. FTX:SUSHIUSD

redykhouse

I like this LAZR trend line that has set up below $15. In my opinion, great spot for a good, low risk trade (with stop below $15). Regardless, could be a good place to start an investment.

redykhouse

Is AMZN a small cap stock, and are you bullish small caps like me? AMZN may be one way to play this. Granted, we are potentially in a tough market environment. So keep risk in check as always! NASDAQ:AMZN AMEX:IWM

redykhouse

I am a relatively new trader, so I hesitate to post an analysis, but I believe I can shed some light on what we are seeing with LINK. I remember seeing this pattern before. A sharp low is set, that low is tested again, then momentum takes over. Only to see momentum buyers punished for not buying the very bottom. As I see it, the selling we are seeing now is...