


AKRO: Seeing a potential inverse head-and-shoulder setup for a 30% move. Keep a close eye on this for buy signal. For me, I'm looking to get in when I see RSI-2 closing over the 60 level. Cheers!
Here's a short video looking at where the S&P 500 stands in terms of it's 200, 50, 20, and 5 day moving averages. I am still looking for a pull back to start swing trading long. Currently as of Friday I have small positions using inverse leveraged ETF's on SPY, QQQ, and Bitcoin. Cheers!
Sitting neutral and waiting for the Market to show it's hand to us. We are pinched between VWAP and the moving averages for now. Looking for a short 2-3 day swing trade play. Cheers.
Markets looking a little over extended and would be normal to see a pull back soon before resuming to the upside.
Short-term for swing trading is a little over extended for now. Would like to see if we can pull back a bit later this week to look for new long positions. For now, I'm looking to trim my positions. Market still weak from my point of view. I will be happier once we can have the 50-Day Average above the 50 reading. Cheers!
I see SPY, QQQ, & SMH forming inverse H&S pattern on the 4 hour chart. The Inverse Head and Shoulders pattern has a higher success rate than the regular Head and Shoulders pattern, with a success/failure ratio of 68.2% compared to 59% for the Head and Shoulders. In 98% of cases, the pattern exits upwards. Additionally, in 74% of cases, the price reaches the...
ATRO : I have a swing trade setup signal. I'm looking to ENTER long if the stock can manage to cross above the last candle high. If triggered, I will then place a STOP below the previous candle, and a price TARGET at around 21.80. **Note: This setups will remain valid until the stock CLOSES BELOW my STOP.
T : I have a swing trade setup signal. Looking to enter long if the stock can manage to CLOSE above the last candle high(BUY). If triggered, I will then place a stop-loss below (SL) and a price target above it(TP Zone) **Note: This setups will remain valid until the stock CLOSES BELOW my stop-loss level(SL).
BITO is showing a buy signal now. Finally found a close above the 5SMA based on my swing trade strategy.
ABBV : I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the last candle high(BUY). If triggered, I will then place a stop-loss below (SL) and a price target above it(TP) **Note: This setups will remain valid until the stock CLOSES BELOW my stop-loss level(SL).
JBTM : I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the 'setup candle' high. If triggered, I will then place a stop-loss below the 'setup candle' and a price target above it. **Note: The above setup will remain valid until the stock CLOSES BELOW my 'setup candle' stop-loss level.
This came up once again on my stock scanner on stocks with recent high volume. Interational stocks been out pacing US stocks lately and this Chinese auto maker could be a winner.
Using a simple 5-SMA crossing 20-SMA strategy, we got MP setup for a possible up move soon.
Pat 2 of 2: Going over what I see on the SPY, QQQ, and IWM.
Part 1 of 2: Seeing some signs of a short term bounce coming. Planning to unload the few positions I still have open for now.
See bullish divergence on 4hr chart now. Going to buy SOXL and Call Options.
TSS, Inc., a dynamic player in the IT sector, recently turned profitable and now trades at 1.6% below its estimated fair value. With a $20 million credit facility secured for expanding AI-enabled technologies and added to major indices like NASDAQ Composite, TSS seems poised for growth.
To help minimize risk exposure during Earnings, ETF's such as ARRK would be a safe swing trade providing they have the right setup for me.