jallen572

jallen572

Looking for the Price to Respect the channel like before for a nice drop to the bottom channel. Indicators show the probability of a Bear run . If it doesn't, looking for a breakout and retest of the upper channel for an intermediate buy.

jallen572

Forex Open Template

jallen572 Updated 

Looking at the charts, STX may rally to the Zone at $57. I anticipate it to break through that zone and head to $62. The weekly chart shows higher highs and higher lows with a nice trendline. It could bounce off the 57 back to the trendline and then continue to rally.

jallen572

Looking to see if this pattern completes. Initially looking for a short term pullback to the bottom of the shoulder / trendline. I expect the trendline to hold, however I am prepared for the H&S to complete as well.

jallen572 Updated 

Waiting for 1 hour Price Action with confirmation of RSI on H1 to enter Short. Risk is near 20 PIPS with a 1.5 Reward at TP1 and 3.0 for TP2.

jallen572 Updated 

Looking for Sell in NVDA (Counter Trend Retracement) back to T1: $339 or T2: $315. Equity is oversold, but holding support on the Gap. Waiting for market direction.

jallen572 Updated 

I'm expecting Ford to continue to run near support. My goal is a dividend play where ill accumulate between 8.75 and 8.5 Long Tern Dividend Play. Exit near $10

jallen572

Its the end of the week, but I want to test this strategy. Fundamentals - Trade has been in a weekly downtrend. It is below the Cloud on a 90 Min Chart and had an ORB (4) Sell Signal. 67457 looks like a key interest point on the daily which was the last time it touched the target. Were Setting up at 14.4 Stop loss with a target of 21.0 Pips from this signal...

jallen572

WAITING TO SEE POSITIVE CONFIRMATION OF THE BOUNCE. AWAITING TO SEE IF NEWS ANNOUNCEMENT HAS ANY AFFECT

jallen572 Updated 

Looking for bullish entry for a possible rally up to the 1.618.

jallen572

Hormel has went through a nice correction since September and is due another ralley. Waiting for the RSI to be above 50, %R to come above undersold, and MACD to signal. I would do a October Put Credit Spread at 38/39 or if the momentum picks up, go outright with a 70 Delta Call 60 Days out.

jallen572

broke through the trendline with a cross on MACD. Aiming for a stall at the high

jallen572

Sentimental outlook looks positive for the next 12 months although Fundamentals showing weak growth. Technicals looks good for this move

jallen572

Looks good for a nice Rally if the FOMC comes out positive

jallen572 Updated 

place a veritcal spread on KATE, 18 / 19 for .30 Credit