Thanks to all my followers. I appreciate all of you!
Thanks to all who have followed me on Trading View. I really appreciate it!
Thanks to all who have followed me here on Trading View. I truly appreciate it! I enjoy sharing my ideas with you all.
Facebook broke through to the downside... how far will it go?
ROKU has been slaughtered over the last couple weeks. Is it time to buy for at least a bounce? I'm leaning towards yes... but I haven't really gotten an entry reason. ROKU fell more than 40% from wick to wick on the candlestick chart. That's pretty incredible... however, they have had a tremendously good year. I'm not saying they will go up and retest their all...
WOW! The technicals keep mounting in favor of the bears.
Looks like the mini-futures rally is starting to rollover. And it should... there was no good explanation for it. Unless you consider yet another round of QE a positive thing... SMH!
Hi, traders! I got my eye on this ascending triangle.
Daily chart double top for SPY. This should feel very ominous for people holding long positions.
A break below 156-ish is bearish in my opinion, and increases the likelihood that IWM will retest the bottom of its descending channel. In addition to that, the RSI is showing overbought conditions. If it breaks below the 156-ish level, I will short it via puts and look for a risk/reward somewhere in that area I noted. Fundamentally, it all hinges on the Fed...
AMD looks like it may be a good consolidation play. I may look to enter short once it reaches the red supply zone I drew. If it does not reach the supply zone and end up breaking out below, I will wait for a pull back up to the consolidation support-turned-resistance line, and short it from there. For me, this would be a straight technical play because I do not...
What in the world is this nonsense? Looks to me like Google investors are VERY confused! I wouldn't touch this thing with a 10-foot pole. Just wanted to share my thoughts on this ridiculousness...
Home Depot was downgraded ... it's already down about 1.3% pre-market. Looking at the 4 hour chart, HD has been in an ascending channel since December of last year. It recently bounced off channel resistance, and this downgrade might cause it to fall to channel support. In addition to the channel, notice that the RSI is overbought. Combine all that with the...
SPY is consolidating on the 1 hour chart. With recent events - air strikes on Saudi refinery, possible war with Iran, Fed uncertainty, etc - I am leaning towards "option 1." Volume has steadily declined since the start of the consolidation which tells me a break out is soon to occur. The RSI has been trending downwards since before the consolidation, which...