AMEX:NAK All right, friends, here's another good paper for the trading today. What's on the chart: 1. Strong resistance level, formed by the tail of a paranormal bar on May 29. This is the first day a strong shortsman showed himself. 2. The same short player sold the price in the next three days until 1.16. 3. On June 04, the long player entered the fight...
NASDAQ:EBAY As with the NTFLX, EBAY grew after the SPY. What's on the chart: 1. We have a strong resistance level 50 2. The level is reinforced with a round number. 3. The naked eye can see that the short player entered the fight on June 4 and has been holding the level ever since. 4. On June 23 there was a level retest, but could not take it. 5. We rolled...
NASDAQ:NVDA In my June 22nd post "The market is growing - what should an investor do?", I already mentioned that NVDA looks good for investors to buy. Today, in my opinion, it looks good for intraday trading as well. What's on the chart: 1. The strong round level 380 was overcome and rewritten. 2. long player was able to rewrite the new high: 381.25. 3. The...
NASDAQ:NFLX Hey, traders. Yesterday's growth in the banking sector also supported the market due to the easing of the Volker rule. The news about it was here: www.bloomberg.com On good news, SPY grew at the last hour of the trading session, the stock market followed after it . Lets see NFLX It bought back almost all of the decline. This can be clearly seen on...
NYSE:SOGO Another candidate to buy today. What we see on the chart: 1. We see a strong level 4.41, which was formed on February 28. 2. We understand that this level is formed be the Limit order, because there is confirmation on June 16, 17 and 19. Obviously, there is a of the size. 3. Gaining long position under the level. 4. Yesterday we made a breakout,...
NYSE:AMPY Hey, traders. Yesterday in the last minutes, the SPY gave up and failed to consolidate above 313.1. It means that shorts can work well today. Nevertheless, I have chosen both shorts and longs for today's trades. The first paper for the AMPY short. What's on a chart: 1. Strong mirror level 1.5. 2. The level is reinforced by a round number. 3. Sold all...
NASDAQ:NKLA That's not a bad paper for tickling nerves. The company itself is quite interesting. 1. Firstly, marketers have clearly tried with the name: NIKOLA CORPORATION. Since the paper belongs to "Auto Manufacturers", it is easy to make an association: Nikola + Tesla = Nikola Tesla is great physicist, scientist, inventor in the field of electrical...
NYSE:CHH Well, this paper looks good today for go long. What we see on the chart: 1. On June 05, the price with a gap went up with large volumes, which tells us that there is a strong long player who has been gaining position for several months. 2. On June 10, the long player encountered a large limit order at 14.5. 3. Moreover, the level is enhanced by a round...
NASDAQ:ABIO Another possible short for today. After a sharp rise on May 28, the paper could not grow any further. All the growth has already been sold. At 6.81 instrument faced a strong support level. Within 3 days there were a level tests. On June 22, the big long player managed to raise the price slightly from 6.89 to 7.52. However, in the last trading...
NASDAQ:DKNG Hey, traders. I suggest we take a look at some very interesting paper. Let's read the chart: 1. As we remember, the first serious fall of the SPY took place on 25.02.2020. Up to 23/03/2020, in a month, the market fell by almost 35%. Look at the paper that time: it didn't fall and was in the channel with a strong support level at 15.75 until...
AMEX:SPY Hey, friends! As you know, I'm not a swing-trader or a long-term trader. Especially, I am not an investor, because no one has ever cancelled the speed of capital turnover, and with positive deals of 70% the situation in this matter takes a completely different turn. However, this is not what I am talking about now. If anyone is interested to learn it,...
NASDAQ:TSLA Hey, traders. It's time to look at Tesla again. Slowly but surely, we're going up. We've made a historic high. Then rolled back down and made a false breakout from the previous extremum. Then the fall was bought back. Tesla goes to the nearest level retest. The paper is looking to long.
NASDAQ:ADPT Hey, traders! let's take a look at some interesting paper. What we see on the chart: 1. We have reached the level of 44.99, which was formed back in August last year. 2. The level is mirrored, which enhances its power. 3. You can see that the position leads by a "box". 4. Since May 20, a strong short player entered the game, who tried to squeeze the...
NASDAQ:ADPT Hey, traders! let's take a look at some interesting paper. What we see on the chart: 1. We have reached the level of 44.99, which was formed back in August last year. 2. The level is mirrored, which enhances its power. 3. You can see that the position leads by a "box". 4. Since May 20, a strong short player entered the game, who tried to squeeze...
NYSE:SE Here's another good candidate to buy. 08.06.2020 faced the limit level of 93.18. We rolled back and went to test the level again. We could not take it. On the general market fall we also fell, however, yesterday we went against the market and bought back the whole fall. We made a false breakout, rolled back, but the H1 bars and the M5 bars went back...
NASDAQ:BILI Hey, traders. We're looking for the instruments on Monday. First paper. Two scripts: 1. Long after the breakout and fix after level. It's a lot of accumulation. On May 19th and 20th there were level tests, but it couldn't resist. Roll back and go up again. Those who like a breakout strategy - it is possible to break through the level with short...
AMEX:SPY Hey, traders. Apparently, we have two options for the market developments in the near future. As you can see, we have reached the mirror level of 298.6. It was a long retest and we failed to take it the first time. It was a rollback on H1 charts. However, we couldn't buy back the whole fall. Therefore, the first possible scenario is that if we...