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- Last Update: 23 January 2021, 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
1/1/2021 The Nasdaq Composite gained 43.6% this year, posting its best one-year performance since 2009. The S&P 500 closed 2020 with a 16.3% gain. The Dow rose 7.3% in 2020. Gold prices are set to end the year 24% higher. $WTI fell 20.5% in 2020, its second annual fall in three years.
Discord Chat: APPS +2.77 High 59.66 Bull Flag daily/weekly quick trade off of a scan.
1/15/2021: I bought VIXY less chart more of protection. Be ready all... something is off. Yet GLD weekly under the 30,50, and 200 day Bear Market territory. Makes you wonder?
1/8/21 Stocks close at record highs, post weekly gain to start 2021
12/31/20 The S&P 500 closed 2020 with a 16.3% gain
1/8/21 + 68.61
12/31/2020 Recent IPO went public on 12/9/20 , had nice run from 90 to 183.90 now coming back down to reality. Waiting for a proper setup on the daily/weekly but one worth watching on smaller time frames for opportunities.
1/22/21 Symmetrical Triangle like to see the Accum/Dist perk up a bit more.
1/8/21 Symmetrical Triangle
1/11/21 +1.60 High 54.30
1/12/21 Did not hold High 55.58
1/15/21 Weekly gain +1.70 High 56.77
1/22/21 Weekly decline -1.17 Low 50.79 struggling and indictors are weakening.
1/15/20 Imperfect base pattern.
1/22/21 Weekly loss -.82 low 42.38
1/8/21 Either way trading range
1/15/21 Half Formed Head and Shoulders combined with indicators turning downward.
1/22/21 Weekly gain +5.68 every decline is so short-lived. Low 55.88 and High 62.17
12/31/2020 Originally found on 12/4. Watch for now for a better rounding bottom/base to form
1/22/21 Weekly gain +.24 High 2.74 less of base more of a uptrend.
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