rbswingtrader

rbswingtrader

Needs to hold $270 and a need to see an impulse from there... that should confirm the correction to be over and Wave 5 start.

rbswingtrader

I have been posting about AMD at $104 and here we are above $130 now. I think the final push is still there and we might see it above $155 in the coming days. I think that's where our top should be in and we will start the correction. Previous posts

rbswingtrader

For now the covid stocks remain bearish but i don't think that the long term bullish trend is over, so we will play the way the chart tells us too. Here is my trading plan - Next week, we should see a minor sideways uptrend towards $241 or a bit above that. The choppy nature followed by a minor impulse during the Earnings (expect to for a bear flag or a...

rbswingtrader

I bought this baby back at $34 early this week per our previous post and i would be booking my profits above $52 on this (Next week most likely). Will plan to reenter later.

rbswingtrader

I have been posting about SEDG since it was $260 and this week i closed all my positions at $370. Though my previous charts shows a much higher target for this stock but i think i was missing that the last wave which got us to the current price doesn't really fit well into an impulsive structure. Hence, recounting it is making me believe that this was just one...

rbswingtrader

I have been wrong about this stock a few times in the last few weeks considering its done and it shouldn't be going up anymore. Well, i was wrong. I think this stock still has 20% upside and will reach up to 260+ before it will see a significant correction. With today's earning beat this will rally tomorrow and i don't have an entry point yet. if someone is...

rbswingtrader

No trade for now.. wanted to short but missed it... This post is just for just FYI if somebody is holding any positions.

rbswingtrader

and we are going back up. This has been a fun ride with SAVA and the one i enjoyed the most. Target 120+ for now.

rbswingtrader

In my last post i mentioned about some areas for a buy and sell. Well it never went above the buy price and we see the correction today. IMO no trade on this right now.

rbswingtrader

With all the chatter going on, its tempting to see this stock breaking above the critical levels ($35) in next few days. But before i enter into this stock, i would like it to see a pullback to $30 or below. IMO, this will give a false breakout and touch $36 and will be sold to bring it down.

rbswingtrader

With all the EV pump, this looks to have some quick upside available. Taken a long position today.

rbswingtrader

I was able to sell my commons at 64.20 in Afterhours.

rbswingtrader

I have been bullish on USPT since it was $195. It had a good run and righ now in a correction mode. I expect the correction to continue, may be earnings will drop it. We will see. Not bullish at this point.

rbswingtrader

Per the note below, still in the game... Break about 62 will be crazy

rbswingtrader

Per the post last week, looks like Wave 4 is in and we are ready for Wav 5. Target $45.

rbswingtrader

I was able to scalp it between 34-41 today but if you missed it, it might be trading again at 33.50 next week before the last Wave 5 up to $42.5.

rbswingtrader

The current count will be invalidated below $39. Need to wait and watch. Overall the larger time frame bull count is intact. I will be holding my positions for now.

rbswingtrader

With today's downtrend, the previous count is invalidated and looks like we are still not done with Wave 4 corrections. I expect it to hold $223 but we will see. I dont have any current positions on this.