Clr
Pullback Buy in CLRMonday's selloff is giving traders a second chance at the cup and handle breakout in CLR.
The company is seeing huge sales growth on healthy margins and the stock's relative strength is in the 97th percentile.
CLR has returned to its pivot buy point near the $41 mark.
Using the low of the handle as your stop loss, traders can risk less than 10% with a target move to the upside of around 22% (the depth of the cup).
Long | CLRNYSE:CLR
Possible Scenario: LONG
Evidence: Price Action,
TP1 ~25$
* Quick 10% Profit
This is my idea and could be wrong 100%
LONG: $CLR- Might consolidate around 16-17 area
- If this is Wave C, maximum TP is around 21
- If this is an ongoing Wave 3, minimum TP is around 34
Trade at your own risk!
LONG: $CLRThesis count:
- Wave ii of 3
Reasons to long:
- triple bottom
- bullish divergence at 15 and 30 min time frames
- pullback at 0.236 fib area, where wave ii of 3 usually drops
This Is HOW You Get Back to GREENS - Daytrading RECAP 04/22/20Hi traders,
Another small but solid up day for me. Let's take this opportunity to talk about HOW you should be trading after a drawdown!
- You take only the best opportunities. This prevents you from blaming yourself even more when you lose yet another trade while already down.
- You trade LESS. If you typically trade 3-4 trades a day, stick to just 1 or 2. FOMO is biiiig when in a drawdown and more often than not you are only digging yourself a bigger hole. Don't try to wipe week's losses in one profitable day. Your plan works, stick to it. The rest is just statistics.
- If you REALLY "NEED" to take more trades, just switch to DEMO account!
Two trades today:
1) NYSE:CLR LONG @12.57, great pattern, didn't have the strength to continue. -1.02%
2) NYSE:PINS LONG @18.15, beautiful gap, was a little nervous with the volume drying out, but with a support of the SPY I held on and it paid off. +2.27%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: +1.25%
Total PnL for the week: +2.44%
Good trades,
Tom | FINEIGHT
CLR - Long setup CLR - Break above 11.20, Stio signal 9.83. Target 1 14.65, Target 2 Momentum. Insider Buying present.
$CLR Ready to Repeat HistoryCLR is testing key support after a monumental crash spurred by the fallout of the price war between Russia, SA, and the US. The last time OPEC faltered, it was here. And that was a huge opportunity.
Waiting for the key level on ABCDthis stock works fine with AB=CD pattern . Let's see will it work again ?
CLR long setupCLR’s innovation outlook is neutral based on a current score of 29 out of 99, underperforming sector average. Jobs growth over the past year has decreased and insiders sentiment is positive. CLR is an Average Performer in terms of sustainability. It is most exposed to Enable Midstream Partners, LP as its supplier. Over the past 4 quarters CLR beat earnings estimates 2 times.
For more analysis and articles visit our website .
Continental Resources, Potential X220% ( 2 years)Following previous trend and resistances combined with fundamental analysis, it is expected to grow X220%.
CLEARWATER SEAFOODS (CLR) - Long equity, Strong buy-Stock is bouncing off support levels in a bullish manor
-Bullish RSI diversions
-Volume is in an accumulation phase
-40% upside potential
