DavidStone

DavidStone

Not an idea, but a screen setup that I find useful as an overview: VXX/SPY on the right and names to watch on the left. Seems like the grid doesn't show on the published idea, but the indicators are all there.

DavidStone

Goog volume into the close

DavidStone

I like $CELG here as it seems to be have been accumulated since 1/14 as shown by the OBV and Accumulation/Distribution indicators trending upwards. Went long via a 155/165 Feb22 bull put spread on Tues 1/21. Earnings on 1/30.

DavidStone

Another high short interest name: 34% short, 43 days to cover, from shortsqueeze.com. Looking at Nov 20 calls.

DavidStone

Probably short positions getting closed.

DavidStone

This small float has been trading in a sideways range since an Aug breakout. According to shortsqueeze.com it has a 23.8% ratio, with 42.2 days needed to cover. Since the all time high is around 53, there is very little breathing room to cover those positions that were looking for a large selloff. There seems to be solid support around 48.5, with Accum/Dist, RSI...

DavidStone

See the green arrow on the Accumulation/Distribution pane...

DavidStone

But price drifting down, expect a pop into the close

DavidStone

I was looking to short $AAPL for a scalp by buying puts. I bought 5 435 weekly puts at the time shown by the red arrows. Watching the MACD slope for a change in sign alerts that a reversal might be coming. A 5 min chart works well for fast-moving stocks, while 7 or 10 minutes will give fewer false alarms. In this case it WAS a false alarm, but there was another...

DavidStone

On a 5 min chart watching when the slope of the difference in MACD is zero

DavidStone

Sell signals look good, but also looks like a bull flag, and the A/D is pointing up

DavidStone

Use multiple time-periods, 5 mins for entries suggested by 15/30 minutes. The little bounce indicated by the green arrows was not confirmed at the time of writing.

DavidStone

DIsney established new short term downtrend, following $SPY lower

DavidStone

Accumulation, MFI, MACD and RSI all point up

DavidStone

Look how both short and medium term MFI bounced off the lows

DavidStone

$DISH over 39.36 could run - overhead resistance at 40.74

DavidStone

Accumulation shows a big buy, followed by lower prices with the rest of the market. Went long at 7.83.80

DavidStone

The MFI and A/D indicators along with MACD are very helpful for spotting pivits