- Rank: 85
- Followers: 4
- Votes: 5
- Years Member: 15
- Last Update: 4 April 2020, 12:17
All chart patterns are not created equally and when found rounding bottoms, bases etc are at all different stages of development. Some stocks may take weeks, months and others could be ready when first found. Patience is key. Never follow a trade blind. Have your own plan in place. It is your hard earned money at risk.
If new to Trading check out my friend Justins YouTube Channel:
Targeting Alpha: https://www.youtube.com/channel/UC8i9ISJCqu1M4fCShVhtf-w
3/14/20 101 Subscribers Congrats!
3/15/20 - I have been playing the TQQQ and SQQQ off the 5 minute for weeks now, along with Ichimoku Cloud and various candle stick wicks buying and selling pressure ones also chart patterns.
3/2/20 SPX + 136.01 (4.60%) Nasdaq +384.80 (4.49%) DJI 26,703.32 +1,293.96 (5.09%)
3/3 Fed cuts interest rate half a percentage point, largest emergency cut since the financial crisis. S&P Shrugs off Fed Cut, Sinks led by Slump in Financials -86.86
3/4 Everyday is a new day huh + 126
3/9/20 Dow closes down 2,000 points in largest daily point loss ever, The stunning losses came on the very day that marked the 11-year anniversary of the longest bull run on record. S&P 500 drops more than 7% trading was halted for 15 mins
3/9/20 Oil clawed back some losses after its biggest drop in three decades - 10.15 (-24.59%)
3/18/20 Stock trading halted for the fourth time in a month
3/20 Gold prices soar after very aggressive Fed stimulus expansion. Up +83
3/23 Dow surges 2,100 points as Congress nears deal on $2 trillion stimulus bill . Dow has best day since 1933 as Congress nears deal on aid. Yeah but the DOW has lost in last two weeks nearly 6,700 points. Some follow through would be nice, when is the last time any of the markets indexes had back to back green closes.
3/25 Dow posts first back-to-back gain since February. Dow gains fade as $2T coronavirus pkg. meets Democratic opposition. I think the US weekly jobless claims to be released tomorrow helped traders etc take those profits off the table. 8.30 A.M. we shall see the reaction.
3/26 Stocks marched higher for a third straight day Thursday as a massive coronavirus relief bill moved closer to passing. Wall Street took some historically bad unemployment figures in stride. "3.3 Million File For Unemployment Claims, Shattering The Record"
3/6 Weekly close + 18.15 Doji close above green cloud.
3/13 Weekly close -261 briefly broke the 200 DMA but closed above it. That%27s one massive buying pressure wick.
3/20 Weekly close - 406 RSI 21.49 under 30 MA,200,50
3/27 Weekly close +236
4/3 Weekly Close -52.82
3/23/20 - 5 year Daily/Weekly Double Top RSI overbought. This could be start of mini run with Gold & Silver. Keeping a eye on GLD,IAU and SLV
3/27/20 Weekly -4.96 & GOLD +169 Gold prices seen building on biggest weekly gain since 2008
3/20/20 - I will be watching this one on the 5 minute closely, positive indicators on the daily and above the 50, 200 DMA, and peaking above a green Ichimoku Cloud.
3/23/20 - 5.50 decline, once it hit HOD of 30.38 it was all downhill quickly. With everything in this environment let the 5 minute chart guide you.
3/27/20 Weekly decline -6.55
3/26/20 @ImIncongruous downtrending.
3/31/20 The 5 min time-frame is my go to for times like this, one day down trending the next a whole different story, you get a profit take it while you can.
3/26/20 @ImIncongruous I don%27t like the daily at all, below the cloud under the 50, 200 DMA, if you have to own it, look at the 5.75 level and if a buying pressure wick forms.
12/27/19 Bull Flag Daily/Weekly
1/22/20 Turned into a nice short down 8.84 and its only Wednesday
1/24/20 Weekly decline of -11.80
1/28/20 Attempting to come out of RSI oversold conditions a lot of resistance at 47.50
2/14/20 Lets see if 40 support can hold
2/21 Weekly decline of - 2.78 low 37.80 broke support of 40 which now becomes resistance headed into oversold territory
2/28 Weekly decline - 3.13 low 33.64
3/2 Weak but remains oversold and had a doji close.
3/6 Weekly decline -1.96 a very short window to make a long play high for the week 37.05
3/13 Weekly decline -7.08 Daily Doji close at support.
3/20 Weekly gain small but hey green is green +1.47 high 29.86
3/27 Weekly gain +.33 Doji closed inside the green cloud
4/1 Test of 20 coming once again will it hold this time around?
2/8/20 - Originally found 1/17 and I%27m listing it now... Early Head & Shoulders.
2/21 Weekly decline -2.92 and closed at the neckline.
2/24 Pierced through the neckline like it did not exist -3.91 close 22.94
2/28 Weekly decline - 7.36 low 16.90 RSI oversold.
3/2 Weekly decline - 4.91 Doji close and RSI oversold once again dead cat bounce coming.
3/13 Weekly decline - 9.10
As of 3/18/20 a monthly decline of 93%
3/25 look like it coming out of extreme oversold RSI but it may reverse split, if you play day trade like mostly all.
3/27 Weekly gain +.21 High 2.20
4/3 Weekly decline -.32 also changed from 3x to 2x now
This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Service for more details.