• Alibaba Group (BABA)

    Trading Notebook: BABA and VRTX

    Watch for a potential breakout in Alibaba Group (BABA) above resistance Vertex Pharmaceuticals (VRTX) testing lower-trend-line. Best to wait for evidence of a bounce instead of assuming gone will take place.    

    By |Published On: November 15, 2023|0 min read|

  • Trading Notebook: $SMCI $IWM

    $SMCI nearing a triangle breakout. $IWM declining trend-line getting tested here, with a massive gap underneath.

    By |Published On: November 14, 2023|0 min read|

  • Trading Notebook: $META $MDT

    $META at the top end of the range and extremely overbought, attempting to break out of the channel. $MDT working on a potential base. A breakout would occur just underneath $74. Some resistance overhead to be aware of though, and earnings scheduled for 11/21.

    By |Published On: November 13, 2023|0 min read|

  • Trading Notebook: $SOFI $PLTR $AIG

    $SOFI attempting to bounce off of declining support but still faces overhead resistance. $PLTR breaking out of a declining resistance $AIG may be forming a wedge pattern to play the breakout on, but resistance overhead remains a problem.

    By |Published On: November 10, 2023|0 min read|

  • Trading Notebook: $AMC $GME $DIS

    $AMC remains absolute dog-water, being down 92% since December. Bulls are going to want to hold on to hold on to this key support level, or more turmoil should be expected. $GME declining trend-line off of the June highs remains well intact and continues to reject price on every test. $DIS currently sitting at heavy

    By |Published On: November 9, 2023|1 min read|

  • Trading Notebook: $DIS $NVDA $DLTR

    Triple bottom in $DIS heading into its earnings. Never worth playing earnings, but could set up tomorrow if the stock rallies after hours. $NVDA breaking the declining trend-line here, rallying 19.3% in 7 days. Playing a breakout with that steep of a rally prior to, doesn't create an ideal reward/risk ratio. $DLTR cup and handle

    By |Published On: November 8, 2023|1 min read|

  • Trading Notebook: $COST $SMH $CELH

    $COST back to testing major resistance. Previous attempts led to sharp rejections. $SMH right there on the upper channel band trying to break through here. $CELH with a heavy sell-off today. Watch these two key support levels.

    By |Published On: November 7, 2023|0 min read|

  • Trading Notebook: CVX, FSLR, AAPL and VIX

    Chevron (CVX)Analysis 1) Short-term support broken, setting up for a retest of long-term trend-line. 2) Declining trend-line above creating lower-highs. 3) Short-term trend-line also broken. First Solar (FSLR) declining channel remains perfectly intact and seeing a hard rejection off the upper channel band today. Apple (AAPL) starting the week by pressing up against declining resistance.

    By |Published On: November 6, 2023|1 min read|
  • Advanced Micro Devices (AMD)

    Trading Notebook: AMD, ACI and MMM

    Advanced Micro Devices (AMD) struggling with the upper channel band resistance. Rising trend-line on Albertsons (ACI) remains intact. As long as it holds, the stock remains bullish. 3M (MMM) breakout above the inverse head and shoulders neckline.  

    By |Published On: November 2, 2023|0 min read|
  • CBOE Market Volatility Index (VIX)

    Trading Notebook: VIX, BA, AMD and ROKU

    CBOE Market Volatility Index (VIX) breaking rising trend-line. Bears in full control of another volatility crush. Declining resistance on Boeing (BA) broken today. Declining channel in Advanced Micro Devices (AMD). Room to run, but watch for a potential reversal around the 106-107 area. Roku (ROKU) with a bullish wedge. Watch for the potential

    By |Published On: November 1, 2023|1 min read|