Stock charts and technical analysis

FOMC Statement: May 1, 2024

2024-05-01T14:00:48-04:00May 1, 2024|

Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. In recent months, there has been a lack of further progress toward the Committee’s [...]

FOMC Statement: March 20, 2024

2024-03-20T14:00:29-04:00March 20, 2024|

Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. […]

How to Profitably Trade Bull Flag Patterns in Swing Trading

2024-03-19T14:14:49-04:00March 19, 2024|

How to Spot Bull Flag Patterns for Profitable Trading Are you looking to improve your profitability and swing trading results by learning how to spot and trade bull flag patterns? Bull flag patterns are one of the most reliable and profitable chart patterns for swing traders. For me personally, it [...]

Trading Notebook: $TTD $TEAM $RACE

2024-03-18T15:17:57-04:00March 18, 2024|

On the weekly of $TTD, it's possible that a double top is starting to form. I don't see a clear edge at all on the daily for a long play. Also in play is ultimately a return to its long-term trend-line. . $TEAM retesting the rising trend-line again, but doing [...]

Trading Notebook: $CX $MSFT

2024-03-15T15:37:41-04:00March 15, 2024|

$CX breakout and double bottom confirmation. Not a trade I would chase after until it can pullback and bounce off the breakout level. . $MSFT with a pullback to the breakout level. Extreme volume at the open though is concerning that it will be able to hold. Could see a [...]

Trading Notebook: $AFRM $AAPL $PYPL

2024-03-14T16:05:44-04:00March 14, 2024|

Little in the way of support for $AFRM on the weekly until it comes back down to where it originally broke out at (27.50), which is also in line with the 200-day MA on the daily. . Compelling bounce play here in $AAPL if it weren't for the declining resistance [...]

Trading Notebook: $MCD $SOFI

2024-03-13T15:30:03-04:00March 13, 2024|

Nasty breakdown on $MCD with the triangle that it had formed over the past two months. Now testing the 200-day MA, which it has managed to hold since November. . $SOFI wedge break following a breach of the rising trend-line looks at a potential move back down to its lower [...]

Trading Notebook: $FROG $FTAI $BA

2024-03-12T16:13:36-04:00March 12, 2024|

$FROG remains in an uptrend, and has recently formed a triangle which it is close to breaking out of. . $FTAI strong bounce off of the rising trend-line. Rising channel on $BA broken yesterday, and strong continuation to the downside today. Huge headline risk as well, No reason to even [...]

Trading Notebook: $MSFT $SMH $BA

2024-03-11T15:45:31-04:00March 11, 2024|

$MSFT holding the rising trend-line here, but not quite getting much in the way of a bounce so far. . $SMH attempting to find some support here on this pullback. BA breaking below the lower channel band that goes back to October '22

Trading Notebook: $GEHC $HD $AAPL

2024-03-08T15:38:25-05:00March 8, 2024|

$GEHC ascending triangle formed, and nearing a breakout to the upside. . $HD revenues down 2% year over year, yet the stock price up over 20% since the beginning of 2023. $AAPL with the gap fill and now the fall back.

Trading Notebook: $LULU $RUN $J

2024-03-07T17:59:47-05:00March 7, 2024|

$LULU declining channel despite strong run higher. Needs to push through the $468 level to change stock's trajectory. . $RUN attempting to breakout of the triangle. However, heavy price level resistance is pushing back on the stock here, and could see a break lower instead. $J ascending triangle pattern setting [...]

Trading Notebook: $TMUS $MEDP $ZIP $PLTR

2024-03-06T15:45:29-05:00March 6, 2024|

$TMUS breaking out of a bull flag yesterday, with follow-through today. Strong volume as well. . $MEDP ascending triangle breakout, right after the opening bell. $ZIP head and shoulders confirmed, continuation triangle pattern forming with a break to the downside today. $PLTR holding the channel breakout from last month, and [...]

Go to Top