Bubbalouie

Bubbalouie

This is one of my favorite patterns. This is in an uptrend in the higher timeframes. the Daily, weekly and monthly. It is near an all time high. On the daily it formed what I call the "W" pattern on the daily chart. The W is a new high (11/20), a failed breakout (11/30), then declines to the last low (to the penny) and then breakouts out to a new high. The...

Bubbalouie

I can't say where HUM goes but i did see a level of risk I am not prepared to take based on info we have today. The next area of significant demand is around the 305 area as shown on the chart. If we see the stock break into the gap above, I would revisit and possibly take a long position, I do see it having trouble getting past the two gaps above in the near...

Bubbalouie

Looking for for demand in a 15 min zone and will trade on 1 min timeframe CL is coming back (come around trade) to breakout from a rounded bottom. This is a trade on an 4hr uptrend and the breakout that allows room for a 3-5X return

Bubbalouie

How to Play IBM with the least risk I am looking at a few possible scenarios' for taking a position in IBM with the least possible risk. Scenario 1 Price drops below 1/25 low, but not by much and then starts moving back up. I would take position long with a stop about .20 below the low. I would take 1/2 profit once I get a 2/1 return. Scenario 2 If...

Bubbalouie

Current demand zones in the 15 min, 4h and daily time frames. Currently there is no current supply

Bubbalouie

Supply and Demand Zones for Daily, 4h and 15 minutes. The 15mi. zone resulted in a winner for a 3/1 and is now exhausted. The Demand zone is in a current daily uptrend