Controlledselling
This small difference is the ONLY difference! (TSLA Long Entry)This pretty much sums up my trading strategy without going to detailed into the theory behind it.
Hope this was helpful for those who are here to learn and develop their own strategies using this style of analysis.
As always, here to answer any questions you have!
Happy Trading :)
PDD - When can we re-enter a long position?PDD, similar to REAL in my books, is like the gift that keeps on giving. When you find a company that is undervalued and being held back by geopolitical risks such as this Chinese stock, you play your hand and expect the market to gravitate towards strong earnings VS potential macro risks.
That is what I've been doing and will continue to do here on PDD.
I will be adding to my long position once we've proven tapering and a sufficient liquidity build - and we are picked up by a buying continuation algorithm - ideally yellow or green.
Happy Trading :)
PDD - We missed you! Plenty more room after a healthy pullbackThis was a $150 stock the entire time. I was loading up on this while it was undervalued in the low $100's. I still believe we have room to push toward the $200's with positive earnings but I would like to see a clean predictive pullback and not rush this.
Happy Trading :)
- TraderDaddyOG
RIG - Good opportunity post-earnings drop with very tight stop We are seeing clear sell-side tapering with the orange algo and purple showing it's control. We are now retesting the breakout of strong selling magenta and coinciding with green buying continuation.
This could be a very good opportunity knowing that if we don't hold green, we're out. However with a retest of magenta and a proven buying continuation lining up, I will definitely enter a position if the opportunity presents itself.
Hope to be back more consistently in a week or two when I'm back in the states.
Happy Trading :)
- TraderDaddyOG
REAL - Updated analysis as we continue to build liquidityStocks > $5 are extra risky so proceed with caution.
Now I love this company for many fundamental reasons in addition to the obvious technical analysis that I've been showing you all.
This is a longer term hold forsure but I am looking at the bottom of this blue tapered selling channel as a bounce area and an opportunity to add to my existing swing position. Would be best if we can prove green tapering asap for a break out of this magenta selling channel.
Happy Trading :)
- TraderDaddyOG
RIG - Potential long opportunity approachingThis could be a very healthy controlled selling on the way toward a retest of our purple selling channel and potentially a breakout thereafter.
This is what to look out for - and again this is on the weekly chart so definitely look at lower time frames to get a better/clearer picture
Happy Trading :)
- TraderDaddyOG
OSCR - Beautiful (and predictable) movement again and againThere was no reason to miss this trade! But if you did, there will be more opportunities for a long entry before we retest the higher time frame white selling channel above. Look for these same controlled selling algorithms to appear before getting picked up by buying continuation (ideally yellow strong)
Happy Trading :)
- TraderDaddyOG
LEU - Opportunity to reload on swing position if this is activeWe are currently being controlled by our white buying continuation - we rejected off the top and have sold off in our controlled selling algorithms. Today we will be opening up right on top of the bottom of this white channel and will be interested to see if this can pick up price and break out of our strong selling purple. If that happens I will add to my current swing position.
Happy Trading :)
- TraderDaddyOG
The importance of identifying our control algorithmHere you can see the slightest difference between orange controlled buying and magenta controlled selling - but the fact that magenta has proven control over the past 2 bounces indicates that magenta is in control and this is in fact a larger liquidity build for the bulls.
Helpful to know this for all future analysis!
Happy Trading :)
- TraderDaddyOG
LEU - Updated Analysis after nice bullish movement and reversalWe've been eyeing this breakout since we started to prove sell-side tapering from our strong selling algo to our more tapered teal. Since then, we've seen healthy movement and if we're looking back to a year ago, we can see a similar pattern that formed prior to a larger breakout.
So here I am going to allow us to come back and retest white if that's what price wants to do - if it does I will add to my swing position there, and once we break out of teal tapered selling, we have some nice room up to our retest and attempted breakout of magenta/red tapered selling.
That will be the real test and for that breakout we will need to see our strongest purple and yellow algorithms be in control to break out of there.
Hope this was helpful - as always, feel free to ask further questions on any of my analysis either in the comments or in a personal message to me.
Have a great day all and...
Happy Trading :)
- TraderDaddyOG
SYK - Short lookout toward buying continuationWill be looking to enter a short here if we do fail teal controlled selling and see that magenta is in control. I expect price wants to come down to at least purple buying continuation to find support for a continued move upward.
Happy Trading :)
- TraderDaddyOG
RBLX - Updated analysis to my Pick of the Month!I put out analysis on this trade on Friday and am still a believer in this stock longer term! Good signs on Friday off of a yellow pickup and looking to retest that more tapered blue selling algorithm before a continued activation by yellow and breakout toward the top of this daily IH&S.
Stay tuned, Happy Monday, and...
Happy Trading :)
- TraderDaddyOG
MSFT - Updated Analysis as we see further tapering rejectionsWe are seeing rejection from a very tapered blue buying continuation after last week's rejection of purple. We are holding magenta stronger buying continuation so we will need to see this fail in order to get into a further downside trade - however, with additional proof of rejection from blue tapered, we can get in an early short position to at least magenta to see if we're picked up there.
Either way, plenty of opportunity here on MSFT in the coming days and weeks.
Happy Trading :)
MSFT - Great opportunity to short IF we fail this activationWe need to see yellow strong buying hold us to attempt another breakout of tapering up top. If we fail yellow, our next stop is magenta support which will be important for bullish price action to continue.
We will likely see this happen today - and if we do hold yellow and reject at tapered blue above, I will be taking shorts and expecting a gap down below yellow as we've seen in the past.
Happy Trading :)
AMD - Need to prove further tapering before going longTapering is everything to prove that sellers are weakening and lacking further intention to drop. However, we do have room to the downside to find our green and orange buying continuation/support algorithms.
I will not be going long here until I see signs of magenta and teal controlled price and building further liquidity for a sustained move upward.
Happy Trading :)
LNG - Found a strong support algo - Can we continue the uptrend?We are at a potential great buying area and as you see there is a lot of room to the upside. I will be looking for us to prove and activate one of our stronger buying continuation algorithms (stronger than orange) to then try and break out of our magenta and white controlled selling algos.
But forsure the retest and support of green which had initiated our ascent has me interested.
Stay tuned!
Happy Trading :)