- Rank: 67
- Followers: 9
- Votes: 8
- Years Member: 16
- Last Update: 6 July 2020, 23:37
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
6/4 Nice call on MU in the discord chat by @incongruous, play of the week. Also a day trade SKT from Onlythecharts.
6/8 Call Out in chat: Scalp play EXPR worked out nicely very strong 5 min chart nearly all morning, the target was 2.40 surpassed it by 16 cents.
6/11 What a Market trashing today, many on my public list were very overextended RSI wise and as stated were due for some kind of correction, and I tell you and I have others fade me if the stock breaks down or stalls I wont be offended. We all have one goal as traders and thats to make money.
6/20 : Discord chat: IAU and GLD both are sporting the same possible pattern on the daily and weekly CUP in need of a handle as I would call it. You have 1+ point potential hopefully it does not blow past 17.50 and keeps going.
6/26 Gold ends higher to tally a second straight weekly gain. Dow logs worst drop in 2 weeks, ends 730 points lower amid selling in banks and decline in Twitter, Facebook
6/5 The Nasdaqs 43% rise since late March puts the tech-heavy index far ahead of the broader S&P 500. Nasdaq touched a all-time high Friday.
6/5 RSI headed into overbought territory but things can get more frothy, two gaps filled next one is at 3,300
6/8 S&P 500 Wipes Out 2020 Loss With a Historic Rally: U.S. stock benchmark has surged about 45% from its March low.
6/10 Dow and S&P 500 post back-to-back losses, but Nasdaq closes above 10,000 for the first time
6/12 Wall Street ends higher but indexes mark worst week since March selloff
6/23 Some resistance 3150 will it matter or not this time, stay tuned.
7/6 closed above resistence of 3,150
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
4/8 One day go but we closed above 200DMA for today
4/9 Weekly close +301
4/17 Weekly close +85
4/24 Weekly close -38 (doji)
5/1 Weekly close -6.03 (selling pressure wick)
5/8 Weekly close +99 The VIX has been declining for weeks now, looks like 25 is a strong possibility good for the markets.
5/15 Weekly close -66
5/22 Weekly close + 91.75
5/29 Weekly close + 88.86 Officially above the 50 DMA,30 Week MA and above green cloud
6/5 Weekly close + 149. 62
6/12 Weekly close - 152
6/19 Weekly close +56
6/26 Weekly close -88.69
7/3 Weekly close + 120
6/26/20 - Bull Flag with short term resistance at 50
6/29/20 +2.18 not complaining but where is the volume?
7/3/20 +.41 High 47.42 a bit flaky the last three days
5/29 Bull Flag
6/1 Goldman downgrade but the stock recovered to be only down 1.91
6/5 Weekly decline - 5.06 low 87.32 could be forming a downtrend channel
6/26 Play the channel until it breaks with conviction either way.
7/3 Weekly gain +3.52 High 93.06
6/26/20 Rectangle or trading range, go the direction it breaks.
6/29/20 - Ascending Triangle like to see a bit more volume.
7/3/20 Totally fizzled needs to hold bottom of the triangle.
6/26/20 Symmetrical Triangle minor resistance at 106
7/3/20 Weekly gain +7.75 High 114.37
7/6/20 Green to red and RSI frothy. High 116.39
7/2/20 Base rounding in nature
7/6/20 nice pop to 46.85 but was not able to hold and closed in the red.
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?
4/8 Eventually this market I would think "Magic 8 Ball on the blink lol" will test lows but nice week as it took out 30 resistance Weekly gain +7.75
4/17 Weekly gain +2.68 and closed inside a thick red cloud.
4/24 Weekly gain +2.34 Doji cross at resistance 40 in a red cloud, could pullback some.
5/1 Weekly decline - 6.33 Low 31.50 EARNING 5/7 After Market
5/8 Weekly gain + 1.58 High 37.10 and Low 31.72 Tested and bounced off that 50 DMA
6.26 Weekly Gain +6.54 High 43.84 when this gets going its moves.
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