zendaddy

zendaddy Dec 5, 2015

Weekly chart is on fire -- RSI continues to be >70 Bit of a pause on the daily Wait for an entry on the HA

zendaddy Dec 5, 2015

I played and lost that NFLX would pull back at the ~127.50 resistance. HA candles getting shorter and down wicks started appearing. The lesson is not to go against the trend! NFLX in uptrend on weekly and daily's. I'll look for a close above 128.75 to enter. RSI and Stoch RSI are high, could have a pullback that provides an entry.

zendaddy Dec 5, 2015

15wk uptrend Doji on weekly HA chart toward end of sym triangle 9 wk dma breaking above 20 wk dma and 50 wk dma in sight Daily looks similar Will wait to have direction confirmed before trading in direction of HA trend.

zendaddy Dec 2, 2015

We'll see how AMZN finishes the week. Resistance at 682. Double top. Can it break out? Declining RSI suggests no, but will wait to for direction to confirm.

zendaddy Dec 2, 2015

Wedge formation. Rising RSI on daily. Weekly chart looks weaker.

zendaddy Dec 2, 2015

Breaking out on daily chart with RSI and DMI confirming. Still in a downtrend on the weekly. Play with tight stops or a hedge.

zendaddy Dec 2, 2015

Closed above 61.8% retrace mark to ATH. RSI is strong.

zendaddy Dec 1, 2015

Broke down on 12/01. Sitting at 20dma. Still above recent RSI support trend. Weekly chart shows downtrend.