WMT - with lockdowns and the holiday season upon us, WMT is positioned VERY WELL to accelerate their online presence and competition with amazon and others. I'm already in, and watching these channels and trend lines for the next impulse. Enjoy! Please feel free to check out my other ideas, I really want to help people understand the market the way that I do. I...
Here we have a nice setup on Mastercard - Inverse head and shoulders. My buy levels, stop levels, and take profit levels are on the chart. Enjoy! Please feel free to check out my other ideas, I really want to help people understand the market the way that I do. I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by...
After breakout of pennant either way, targets are on the chart! Enjoy :)
There is only ONE number that matters in gold: 1928. Look at how many times it held it! Recently it broke it and has closed below it several times. My simple trade: a daily close below the local while trendline as long as it closes below 1927, the 3:1 trade is on. I'll keep tight stops because of how volitile the market is and will likely remain for a few weeks. I...
Cigna our in an absolutely gorgeous inverse head and shoulders formation and is now breaking to the upside. This laggard has plenty of room to move from here towards the end of the year. Due to previous tests of the 220-225 level, I suspect there is a good possibility of breaking out even higher especially since this is considered a defensive stock. I hope we...
In order for this inverse head and shoulders to play out, we need to see a retest of the 3415 area, and hold. Should that price level hold, and the neckline break, upside targets are 3500, 3520 and 3558. The only way we see 3558 is if buyers are impressed with the biggest of the 900 companies reporting this week. Please feel free to check out my other ideas, I...
Clear breakout. Stops beneath 48. I hope we profit together. To get my signals before I make them public, shoot me a DM.
I'm not bullish until this bullish flag formation breaks to the upside, retests 3540 and confirms above. We can still see downside as long as this channel holds. Keep an eye! Please feel free to check out my other ideas, I really want to help people understand the market the way that I do. I hope we profit TOGETHER! If you found this to be insightful or helpful,...
Low risk entry NOW. The trend is up until this channel breaks with volume. Please feel free to check out my other ideas, I really want to help people understand the market the way that I do. I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow...
Watch this wedge, we're currently consolidating. We can break this either way and play that direction. I think 3420-3445 is going to provide some resistance so be careful. Please feel free to check out my other ideas, I really want to help people understand the market the way that I do. I hope we profit TOGETHER! If you found this to be insightful or helpful,...
First target is the 1.27 extension followed by the 1.618 near 11540. I'll know if the trade is busted if it hits my stop listed on the chart. Please feel free to check out my other ideas, I really want to help people understand the market the way that I do. I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by...
Good evening! Please read my comments on the chart why I believe the NQ will visit ~ 11550 before it corrects. I believe this to be a classic example of Elliot Wave Theory. Putting together all of the pieces gives a great risk/reward for the final leg of this move into the end of the month. Please feel free to check out my other ideas, I really want to help...
$SPY-I believe we are forming a wedge/channel formation and, upon breakout, can start buying stocks again. We are 10% from the top of the sell-off and I believe this will attract more people into the market. Additionally we are just above the 100 day moving average and on a horizontal support from last June. I do think we could go lower, as far as 2850, but in the...
I beleive PEP is a spy before earnings. I initiiated a position last week and provided my trade pla on the chart. I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they...
The plan details are on the chart. Short term, if CLX visits the 208 level and makes a double bottom on a smaller timeframe I will look to go long with a tight stop at 202. If 202 breaks, the bottom of a horizontal channel is at 194 which is where I would look t reload due to fib support and the 200 day moving average. The targes for longs of the first trade are...
I'm short looking for and will shave positions off at 110, 108.5, 106, 100. Ultimately looking to pick up common shares and long term calls when AAPL hits 100, all the way down to 85. DETAILS ON CHART. STOP ABOVE RECENT HIGH. I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want...
The great rotation is REAL and HERE IN FULL FORCE. After the FOMC put rates on hold until 2023, investors have begun to rotate into higher dividend yielding stocks and out of bonds. What does this mean for the tech sector? EXODUS. I don't know if it will be fast or slow, but I believe we are about to form a new longer term channel on the QQQ ETF, or tech stocks in...
Possible trend continuation here. Stop and targets on chart. I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below...