- Rank: 67
- Followers: 9
- Votes: 9
- Years Member: 16
- Last Update: 17 September 2020, 20:53
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
7/10 So many green to red this week or gains not truly holding like you would think. 52 week highs all over the place with big names, but the participation not as broad base as one would think.
7/14/20 - Power outage for over 3 hours the other day 7/13, trying catch up now on updates.
7/31 Discord chat: Spotted a Rounding Top in the works with $CL "OIL" on the daily/weekly. I will be keeping a eye on SCO. Oddly enough no OIL stocks came up having rounding top so far, but probably will in weeks ahead.
8/4/2020 Power outage at 9:36 A.M and it came back 1.24 p.m. due to a tropical storm/tornado
8/7/20 - $WTIC $CL the daily rounding top looks a bit distorted now but price was rejected by the 200DMA, the weekly still intact, so I%27m not ready to say that OIL is defying the bearish pattern.
8/10/20 Nice call out by Incongruent regarding TTOO +.40 High 2.14 over the weekend also OnlytheCharts GOOS for a daytrade
8/17/20 ThinkorSwim data went down for nearly the whole day, even when it came back there were issues, hindered but did my best to overcome. 8/18/20 Thinkorswim desktop platform day 2 of issues.
8/21 Nice call out RKT on 8/10 by Targeting Alpha also few days before by Incongruent . I posted on stocktwits regarding it the move salvaged my week.
9/1/2020 Noteworthy to mention strange backwardness of another indicator I use forced me out of CLDR early and today it hit the level I originally had my sell limit order at. UVXY rallying while the market is up? RSI levels very overbought on all major indexes. Correction overdue and election jitters? possibly both?
9/4/20 Dow - 807 Nasdaq -598 SPX -125 UVXY popped +4.82 to close at 28.90 (20.02%)
9/5/20 Weekly decline Dow - 520 Nasdaq -382 SPX -81 UVXY - 3.60 close 25.30 High 32.18
9/11/20 Weekly decline Dow -467 Nasdaq -459 SPX -85
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