Trade Setups, Trading Rules, Short Setups, Long Setups, Day Trades, Swing Trades, Nasdaq charts, S&P charts, technical analysis, fundamental analysis, weekly recaps, exchange traded funds, etf’s
My job as a trader isn't to match the market dollar for dollar on every move it makes. Sometimes my moves will be more and sometimes it will be less. The key though is to be consistently profitable. And that is something I pride myself on as a trader. Yes, [...]
It has always amazed me how upset traders get when it comes to their views on the market or on a stock being opposed by someone else. Holding dear to a viewpoint that you have on either a stock or the market in general is not going to yield you [...]
Oil is stabilizing. You have three recent lows dating back to January that form the outline of an inverse head and shoulders pattern that could play out strong in the days ahead. You have a downtrend that has finally been broken. You have an ascending triangle breakout. But… [...]
Great day for the Apple (AAPL) stock, but the weekly still poses some major issues. First there is still a full-fledged head and shoulders pattern that is still playing out, and if the weekly chart ever closes below $92, it will be doing so below a MAJOR support level that [...]
February has been yet another great month of trading in the SharePlanner Splash Zone! And yet for traders in general, it couldn’t be a more difficult month for navigating the markets. Just this week you had a market ready to breakdown, followed by a monster rally that took the market [...]
As traders we tend to live with a lot of regret. “I wish I would have held $AAPL longer!” “I should have bought $FB at $95 when I knew it was going to bounce.” “If only I had bought $UTX on Monday when it was trading under $90.” I get [...]
The Apple (AAPL) trade setup has been extremely intriguing to me over the past few days. There is a clear base that has formed over the past couple of weeks. And if this stock manages to drop below $92 which not only represents the August lows that everyone thought at [...]
Shake Shack (I’ve yet to eat at one of these magnificent places) is finally breaking through some key resistance to the upside. First it broke the downtrend last week which was huge, and today it is gaping above and running beyond key price resistance. Both of these developments bode well [...]
I see so many self-proclaimed trading philosophers on Twitter constantly spouting off fancy trading quotes and cliches. Here’s one I saw on Twitter this week, and it just about made me vomit: “What separates successful technicians from not so successful? No matter the chart style, it comes down to the [...]
Forget about the news, forget about the WMT earnings, forget about the market’s epic rally here. Just take a moment to look at this beautiful technical bounce out of Walmart (WMT) today. […]
One of the members of the SharePlanner Splash Zone asked me to take a look at Alibaba Group (BABA) and it looks quite appealing as a short setup. Obviously, BABA and pretty much every other stock on this planet has been rallying this week, and so what you look for [...]
I use the term “investor” in the title instead of “trader” because if you are down big on GPRO right now, you are not trading the stock, no matter what your initial reason for getting in it was. When you ignore your stop-losses your force yourself to acquire a stock [...]
