Tr8dingN3rd

Tr8dingN3rd Updated 

Potential Support levels are where the green small arrows are: white L-MLH red CL red L-MLH All tough, I think MSTR Ponzi will dye over the mid term.

Tr8dingN3rd

The white up-sloping Fork gives us the most probable path of price for VRSN. As we see, that was a Hell of a run. Price has reached the U-MLH, which is the natural Extreme by the law of physics. What's the natural reaction? A move back to the Mean. What's the Mean? The Center-Line. This is a high probability trade I take blindly. But I mange my risk with open...

Tr8dingN3rd

This is a intraday short term trade. Yesterday price stopped at the L-MLH as expected. Today we have the second bounce at it. A nice second chance for a long entry. Target is the Centerline and above.

Tr8dingN3rd

The price hit the Upper Median Line Handle (U-MLH) three times and was rejected each time (red circles). These were all high-potential short trade opportunities. However, none of these short trades managed to reach the Profit Target Goal (PTG) at the Center Line (CL). When the price repeatedly fails to hit the CL, it often builds up momentum for a larger move. ...

Tr8dingN3rd

Currently at the 1/4 line, we can expect a potential pullback. So, if you want to secure some of your fat profits, just do it. Why not 50% ? If it goes up again, you have secured 50%. If it goes down, you still have 50% for a runner. However, I'm still follow the rule-set and the trading-framework of the Medianlines. Doing this, I know that prices PTG is the...

Tr8dingN3rd Updated 

I have posted enough about what's going on in NVDA. It's important in this Stock, to not going crazy, not matter what one thinks it "will" or "could" happen. A great Hint by Unusual Whales is, that insiders had only sold in the last year, never bought their one Stock. ...what does that telly us? May profits be with us §8-)

Tr8dingN3rd

Nasdaq is stretched, I prepare for a bounce at the Lower-Medianline-Parallel. Targets are at the Centerline and U-MLH. My S/L is planned for roughly 50 Points because of this crazy Volatility.

Tr8dingN3rd

It looks like price found a support at the L-MLH. From here, I expect a bounce, at least up to the Center-Line, if not all the way up to the Upper-Medianline-Parallel. Long term, my expectations have not changed.

Tr8dingN3rd

It's simple a s that: If price can't make it back into the Fork, then it's doomed to reach at least the Warning-Line. This scenario likely happens if the current weeks bar close below the Warning line, and the open of the new Bar is also outside of the Fork. Happy Short §8-)

Tr8dingN3rd

No, no weed involved in this analysis. As I said before, sometimes chart analysis is simple. But sometimes we need to extend it, combining all our knowledge to find the facts. Let's see what we have here: 1. The white Fork. ...it's crazy, isn't it? ;-) It looks like I was looking to fit it somehow. But the truth can't be farther away. If you understand the...

Tr8dingN3rd

Chart analysis can be simple. We take our tools, surround them with rules and follow them. The rules and the framework of the Medianlines are simple, but not easy to follow every time. The Shiff-Fork catches the resistance and support very nicely. Especially at the Center-Line. Above the Upper-Medianline-Parallel, at the extreme where the stretch became clear,...

Tr8dingN3rd

The white Pitchfork was guiding us to the Center-Line. As so often, price is turning at this level, just to reach the opposite side. It's the same game every time. Just follow the rules, apply a good risk and money management. The down-sloping red Fork projects the current most probably path of price to the downside. And of course our profit target, which is the...

Tr8dingN3rd

Hey Crudsters, it's time to prep for a long. Price reached the Center-Line and has a good chance for a push to the north. Watchout and be prepped.

Tr8dingN3rd

Now, CL has reached the Centerline. From here we either turn, or break the L-MLH, with further decline ahead. No rush, let the market give us facts.

Tr8dingN3rd

Just watch how price came down to the red Centerline. From there the Bulls where waiting. Now we push back up to the white L-MLH. Further potential targets are shown with the green arrows. Just observe it and learn from it. Done4Today §8-)

Tr8dingN3rd Updated 

From a very well known Short-Seller in the markets I read a concerning letter this morning: "Carvana Trades At An 845% Higher Sales Multiple Than Online Car Peers Like CarMax and AutoNation, And A 754% Premium On A Forward Earnings Basis." ...ummmhh... §8-() The Chart does look very scary too. This exponential move can't sustain very long. As we see, the first...

Tr8dingN3rd

The pattern seems to repeat. Again, we had a HAGOPIAN, which sais, that price goes back more than from where it came, and this rule was right. Up in here, I'm not that confident anymore that price will reach the Centerline. But, it's not about what I think, or how confident I'm are. I just have to follow my Strategy and act according to the Rules, the trading...

Tr8dingN3rd

It's not that far anymore. Price is trickling down it's path. I could imagine that near the confluence point, where the 1/4 line and the red Centerline meet, the PTG could be fulfilled. However, a crack of the red U-MLH would generate a signal for a pullback up to the white Centerline.