mellow_trader

mellow_trader

lets see if we can move up in this range - we're still under alot of pressure (zone above and 10-20-50 EMA)...take plays quick

mellow_trader

on a weekly chart - you can see the last two time we've rocketed out from here...and on daily we had a hammer of thor..so i'd take plays above yesterdays hammer

mellow_trader

i think we hang out for a min then fill this gap. This pops around alot, so i'd be loose with stops IF this gap fills and doesn't tank (pre-market) i think we'll test the daily wick from yesterday. Id consider plays in the range

mellow_trader

i like a short play from a retrace (sellimit) or a burst past the doji'ish candle (stoplimit sell) - with protective stops behind any EMA

mellow_trader

i wanna see the stock have some conviction outside these zones before i play it

mellow_trader

we are now under the zone where chop occurred and under the 10-20-50 EMA with a nice inverse hammer...today i'm looking for shorts below the stops above yesterdays wick

mellow_trader

looks like we're near place to expect some indecision for a few days. Just by looking left and seeing we've been here before and bounced. I expect some turbulence

mellow_trader

i really like the short setting up...i want to see some buying from the gap down THEN i want that gap from 02AUG to fill

mellow_trader

I like to short off this NVDA level..just wanna see the SPY align with it. Right now SPY looks like it'll bounce...so im gonna wait and watch

mellow_trader

i'm gonna look for some rejection from this lower level and go with the flow

mellow_trader

i like this gap down and we're still above a low. So, i'm looking for a retrace to the low of friday then further selling

mellow_trader

from looking left - we may be approaching an area of value. I want to see some buying on AMD before i decide a direction for day trades

mellow_trader

want to see what happens next -will there be wicks to send us UP or wicks to send us DOWN

mellow_trader

just gonna be patient here.. -reject and rally OR breakdown and retest

mellow_trader

oh my goodnes...what a gap...if this opens below these candles - i'm looking for a nice short (see the ugly arrow)

mellow_trader

this was a tough read...a daily gap was quickly filled but then we saw weakness...i wanna see strenght above/in the yellow box before considering going long. I'm leaning more to short - on some nice intra-day waves

mellow_trader

looks like a break out is priming. This is right after the pop outta over downward trendline. So, i'll wait to see what direction we go

mellow_trader

i'd like to see this level (282) play out alittle more. We've rejected from it a few times.