Thenexxtrade
WATCH $YMABBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry
- 5/5 rules
Technical
- Momentum Theory Indicator - bottomed broke out
- Price action formation ( falling wedge )
- Double bottoms / broke neck line
- Broke Trend line
- Above 200MA
- Above POC
- ST ok
- Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Don’t give up… the best time is yet to come….."
Cheers and happy trading!
WATCH $CLPTBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- PE
- PEG
- P/FCF
- Top Sector / Industry / Leader
- Long term uptrend still intact
Technical
- Momentum Theory Indicator - bottomed broke out
- Price action formation ( falling wedge )
- Broke Trend line
- Above 200MA
- POC
- ST ok
- Bullish Candlestick pattern / formation
- 5/5 rules
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"the struggle you're in today is developing the strength for tomorrow"
Cheers and happy trading!
WATCH $HIMSBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry
- 5/5 rules
Technical
- Momentum Theory Indicator - bottomed broke out
- Price action formation ( falling channel ) / bottom broke out / w bottomed
- Broke Trend line
- Above 200MA
- Below POC
- ST not ok
- Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Searching and learning is where the miracle process all begins"
Cheers and happy trading!
WATCH $AGLBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry
- 5/5 Rules
Technical
- Momentum Theory Indicator - bottomed break out
- Price action formation ( falling wedge and a inverse h&s )
- Broke Trend line / rejected
- Above 200MA
- Above POC
- ST ok
- Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Pain + Reflection = Progress"
Cheers and happy trading!
WATCH $OLLIBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- Decent PE
- Negative PEG
- Decent P/FCF
- Top Sector / Industry / Leader
- 5/5 rules
Technical
- Momentum Theory Indicator - bottomed
- Price action formation ( falling wedge )
- Broke Trend line
- Above 200MA
- Above POC
- ST ok
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"The best time to plant a tree was 20 years ago. The second best time is now."
Cheers and happy trading!
WATCH $OSHBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry / Leader
- Rules / Rules / Rules
Technical
- Momentum Theory Indicator - Bullish breakout
- Price action formation ( falling wedge / double bottoms )
- Broke Trend line / rejected
- Above 200MA
- Above POC
- Pending ST
- Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"When opportunity doesn't knock, build a door."
Cheers and happy trading!
WATCH $CANBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry / Leader
Technical
- Momentum Theory Indicator - Bottomed
- Price action formation ( falling wedge )
- Broke Trend line
- Below 200MA
- Below POC
- ST not ok
- Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
" All things are difficult before they are easy"
Cheers and happy trading!
WATCH $819Bullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry / Leader
Technical
- Momentum Theory Indicator - Momentum bottomed
- Price action formation ( falling wedge )
- Broke Trend line and bottomed
- Above 200MA
- Above POC
- ST ok
- Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Price is what you pay value is what you get"
Cheers and happy trading!
WATCH $YETIBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Decent Accumulation/Distribution
- Decent PE
- Decent PEG
- Negative P/FCF
- Decent Sector / Industry / Leader
Technical
- Momentum Theory Indicator - bottomed / waiting for breakout
- Price action formation ( falling channel )
- Break Trend line
- Below 200MA
- POC support
- ST not ok
- No bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"“When you really believe that trading is simply a probability game, concepts like right or wrong or win or lose no longer have the same significance.”
Cheers and happy trading!
WATCH $ETSYBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds not Accumulation
- Decent PE
- Positive PEG
- Decent P/FCF
- Bottom Sector / Industry / Leader
- Stock price attractive but seems like business model might not be attractive for the coming inflationary environment but again, it might help for small businesses to cope!
Technical
- Momentum Theory Indicator - waiting for momentum to bottom out
- Very attractive R/R long term uptrend
- Price action formation ( falling wedge )
- Broke Trend line
- Below 200MA
- Supported by POC
- ST not ok
- No bullish Candlestick pattern / formation yet
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Why be mediocre when excellence is an option"
Cheers and happy trading!
WATCH $QRVOBearish/Bullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds not accumulation
- Positive PE
- Positive PEG
- Positive P/FCF
- Bad Sector / Industry / Leader
- Long term uptrend with good R/R however demand in Semi-con might be lacking / over supply
Technical
- Momentum Theory Indicator - waiting to bottomed
- Price action formation ( falling channel )
- Yet to break Trend line
- Price 200MA
- Price above POC
- ST not ok
- No Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Discipline is rarely enjoyable but almost always profitable."
Cheers and happy trading!
WATCH $PROFBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation
- Decent PE
- Decent PEG
- Decent P/FCF
- Strong Sector / Industry / Leader
- Prostate cancer is the #4 cancer in the world
Technical
- Momentum Theory Indicator - waiting for momentum to break out
- Momentum divergence on the MTI 02
- Price action formation ( dowtrend channel )
- Broke Trend line / retest needs to hold
- Below 200MA
- Below POC
- Pending ST
- No bullish Candlestick
PROF / SPY
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
Get comfortable being uncomfortable
Cheers and happy trading!
WATCH $INCY CUP AND HANDLEBullish
Fundamental
- High inflationary Macro environment / still no fear form retail sentiment
- Decent Accumulation/Distribution
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry
- Fundamental sound company with a Cup and handle play / short term
Technical
- Momentum Theory Indicator - momentum broke out downtrend
- Price action formation ( down channel )
- Broke Trend line and rejected
- Above 200MA
- Above POC
- ST ok
- Bullish Candlestick pattern follow through
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"You miss 100 of all the shots you don't take"
Cheers and happy trading!
WATCH $INMD Bullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation
- Positive PE
- Positive PEG
- Positive P/FCF
- Top Sector / Industry
- Niche market thoughts
Technical
- Momentum Theory Indicator - breaking out neckline
- Price action formation ( falling wedge )
- Broke Trend line
- Doing double bottom under major S/R level
- Below 200MA
- Supported by POC
- ST pending
- Bullish candles
- Volume surged
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“Every experience is a positive experience if I view it as an opportunity for growth and self-mastery.”
Cheers and happy trading!
WATCH MRNA Bullish
Fundamental
- High inflationary Macro environment / No fear sentiment
- Funds Accumulation
- Positive PE
- PEG
- Positive P/FCF
- Strong Sector / Industry / Leader
- Misc thoughts : looks like biotech is hot
Technical
- Momentum Theory Indicator - momentum bottomed and broke out
- Price action formation ( falling wedge )
- Broke Trend line / neckline pressure
- Under 200MA
- Above POC
- Under ST
- Engulfing Candlestick Broke out followed through
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
" Giving up is hard. Pushing through the struggle is hard. Choose your hard "
Cheers and happy trading!
WATCH $DQ FIND SATISFACTION IN TRADING WELLBullish
Fundamental
- High inflationary Macro environment / No fear sentiment
- Funds Accumulation
- Positive PE
- Positive PEG
- Positive P/FCF
- Top Sector / Industry / Leader
- As per CCP direction on carbon neutral and global effort to have renewable energy theme
Technical
- Momentum Theory Indicator - broke out down trend and broke out neckline for new trend
- Price action formation ( falling wedge )
- Broke out Trend line
- Price above 200MA
- Price above POC and above high volume node
- Quantified criterion met
- Momentum theory 02 bullish divergence
- low pull back volume, break out surge volume
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"A goal without a plan is just a wish. "
Cheers and happy trading!
WATCH $VIRBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation
- Positive PE
- Positive PEG
- Positive P/FCF
- Top Sector / Industry
- Moderate floats
- High short interest / 7 days + 58%
- Impressive sales ?
Technical
- - Momentum Theory Indicator - N/A on the weekly
- Price action formation ( falling wedge )
- Yet to break Trend line
- Below 200MA
- Above POC
- Below ST
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
Consistency is what transforms average into excellence
Cheers and happy trading!
WATCH $NVO BEARISH HINTS EVERYWHEREBearish
Fundamental
- Highly inflationary Macro environment / Q3 earning going to disappoint sentiment
- Funds Distribution
- Decent PE
- Negative PEG
- Decent P/FCF
- Top Sector / Industry / Leader
- Definitely niche sector but with highly inflationary environment and hints of bearish below technical
Technical
- - Momentum Theory Indicator - bearish divergence
- Price action formation ( rising wedge )
- Price rotating clockwise
- Still above upward Trend line
- Still holding 200MA
- Above POC
- Holding ST
- MACD divergence
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"all things are difficult before they are easy"
Cheers and happy trading!
WATCH $WM DON'T LET IT GO TO WASTEBearish/Bullish
Fundamental
- High inflationary Macro environment / still no fear sentiment
- Funds Distribution
- Normal PE
- Negative PEG
- Decent P/FCF
- High debt
- Niche Sector / Industry / Leader
Technical
- - Momentum Theory Indicator - bearish divergence
- Price action formation ( double tops )
- Broke down Trend line and did a retest / seems rejected
- Rejected with POC
- Rejected with 0.5 fibo level
- Below 200MA
- Good ST level
Entry idea
Attractive R:R
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Don't be afraid of being different. Be afraid of being the same as everyone else"
Cheers and happy trading!
WATCH $BABABullish
Fundamental
- Inflation Macro environment / fear sentiment
- Funds Accumulation
- Positive PE
- Negative PEG ( seems leaning towards a value stock )
- Positive P/FCF
- Weak Sector / Industry / not Leader
- Very competitive online retail market
Technical
- Momentum Theory Indicator - break out downtrend / bottomed out
- Price action formation ( falling wedge )
- Broke out downward trend line and retest
- Price above POC
- Price below major S/R level
- Huge volume spike!
- MACD divergence
Entry idea
- Entry idea was based on few confluences
- Price above major S/R level
- Price above fibo level
- Price above 200 MA
Stop loss set on previous low or POC level
" STEPS BY STEPS, BASE CAMP TO BASE CAMP. I WILL SUMMIT"
Cheers and happy trading!
WATCH $788 BORING IS GOODBullish
Fundamental
- Moderate inflationary Macro environment in the EAST / Most still like to chase WEST high don't fancy EAST undervalued sentiment
- Funds Accumulation
- Positive PE
- Decent PEG
- Positive P/FCF
- Top 50% Sector / Industry / Leader
- Boring sector but think 5G & 6G
Technical
- - Momentum Theory Indicator - momentum bottomed making inverse H&S action
- Price action formation ( deformed falling wedge )
- Price action losing diving momentum, price action is rotating anti clock wise indicating a trend reversal
- Trend line pending break out
- Price above 200MA
- Price under POC
- Broke out S.T
- MACD bullish divergence making a H&S formation
Entry idea
- Entry idea was based on few confluences
- Rejection / retest of the trend line / neckline
- Price below 200 MA
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"I have two basic rules about winning in trading as well as in life: (1) If you don't bet, you can't win. (2) If you lose all your chips, you can't bet."
Cheers and happy trading!
WATCH $1211 SOMETHING IS AMISSSomething caught our attention on the weekly chart on $1211 BYD Company Limited on the HKEX. While the price is making higher high, we observed that the momentum is making a lower low forming a bearish momentum divergence.
As you can see from the chart, each thrust momentum is diminishing forming a rising wedge which is a bearish price action.
We foresee the momentum extinguish at the 3rd oscillation and eventually price will break down from the rising wedge into a bear cycle.
Attractive R:R if you were to ask me.
To achieve what others won't, you have to do what others don't“
