TroutHouse

TroutHouse

NYSE:FDX fell to 132. We may see some green action over part of today but expect it to drop down to the 127 area if 132 cannot hold.

TroutHouse

If NASDAQ:FB passes 141 cleanly look for it to test 250 quickly. Don't bet against the Zuck. He's watching.

TroutHouse

We got into a NYSE:CARS call on the 1st and sold last week for some nice gains. We bought the dip and are back in the game!

TroutHouse

We bought back on the 1st and averaged down on the 5th. We're now sitting pretty up a cool 43%. Still believe in Marc and the force. BUY BUY BUY

TroutHouse Updated 

Love some Elon but we're looking to short this for a bit. Look for a drop to lower 900s so test support. Their Q2 doesn't look like it'll be good news.

TroutHouse

We like NASDAQ:ADP and their charts. Likewise, as more people head back to work HR demand will pick up as well. We think they'll continue making higher-highs for a bit. We bought in last week and double down yesterday and will look to buy dip down to $152

TroutHouse

People love NYSE:DPZ za and we love their chart. They've performed extremely well during COVID-19 and restaurants being closed. Although we're opening back up, they've gained many loyal customers during the lock-down. Look for their rise to continue with this new influx of customers.

TroutHouse

If NYSE:FDX drops below 142 look for it to fall $136-$139. Those two days look weak. Look for a drop to 132 if that support breaks.

TroutHouse

We entered into a short position on NASDAQ:CRWD last week and doubled down this morning. We've been experiencing lower-highs since 6/3. If this leg up can't break that trend look for it to drop to low 90s. We like them long-term.

TroutHouse Updated 

Hola, Salesforce keeps making the right decisions. We can see our 25 EMA had a healthy break-through of the 200 MA. Benioff has rallied the SF community behind them.

TroutHouse Updated 

We entered into a 6/19 call a few weeks ago when the NBA announced that Orlando was front-runner for when the season restarts. News of the season starting on 6/31 has been released. We've doubled down on our bullish look for Mr. Mouse. Waiting until it breaks through 125 isn't the worse idea for those not in yet. Will look to add a longer-term position using...

TroutHouse

We entered into a long-term Target position yesterday. Riots and COVID will cause small shops to go out of business or close up during repairs. Therefore, people will turn to the larger chains. Target is the type of store you go in looking for one thing and come out with 10. That's only going to increase as there become less small business to compete with. If...

TroutHouse Updated 

As things start to open up look for resorts to start allowing more foot-traffic. Proper sanitizing will help ensure that they don't shut back down. We see MGM as a good long-term hold - if anything to store some cash in between positions. That's what we did on 5/11 and have seen a nice +25%. 1D charts tell us nothing we don't already know.

TroutHouse Updated 

We got into a call for NYSE:CARS on 5/29. Looking to lock in some profits at $6.60

TroutHouse Updated 

The recent bull-wave has slowed down. We're looking to lock in short-term profits on the dip down to 340 and hopefully 325

TroutHouse Updated 

We got in on 5/29 and have just increased our position from today's dip. Look for it to fill the gap from 5/28-5/29. Nothing wrong with waiting for this gap to fill before entering.

TroutHouse Updated 

Hey Guys: BINANCE:IOTAUSD is our next coin of discussion. I'm a big fan of their work. Not only am I a big fan of their work, but I'm also a big fan of their W and 1D charts. Most of my ideas will be with a long-term mindset. Please remember that these are just my opinions. I'm always open to discussion on the ideas and what I'm talking about. Entry Point:...

TroutHouse Updated 

Hola, Looked into GLUU some more today. Here’s their 1W chart. I like using the Trend-Based Fib Extension, moving averages, and the T3-CCI indicators. I also switch the candles to ‘Heikin Ashi’ mode which is why there’s a lot of green and red consecutively. It’s another trend-based indicator. A couple observations: 1) Red arrow shows the 200-day MA is...