$FB above 28 and it takes off again. Now, if it fails, then 28 it will be a nice spot to reload the short, and target to hold until 24.
$INTC above 21.23 and it goes.
$MLNX I would watch to see how it will handle the 52.13 Fib Level. I think this one looks more like a good opportunity to short than go long.
$SPRD this one will again try to reach and breach 17.83 Fibonacci level. If it makes it, then it have a good chance to gain a dollar.
$SQQQ as long as it can hold above the 20ma (36.10) then it has a good chance to reach 36.85.
$SSYS Big gap, I think this one gives up this run around 72.42 (20ma and Fibonacci level).
$XONE Probably my favorite setup. I would wait for a brief pullback to 27.32, and then go for it.
$YHOO I would not get excited about $YHOO until it re-tests and holds the 21.56 Fibonacci Level.
$ZNGA 3.72 is my go long level. Until it reaches that level it will be traders worst nightmare, just because people will often get stopped on it.
Welcome to Swing Trading the Stock Market Podcast!
I want you to become a better trader, and you know what? You absolutely can!
Commit these three rules to memory and to your trading:
#1: Manage the RISK ALWAYS!
#2: Keep the Losses Small
#3: Do #1 & #2 and the profits will take care of themselves.
That’s right, successful swing-trading is about managing the risk, and with Swing Trading the Stock Market podcast, I encourage you to email me (ryan@shareplanner.com) your questions, and there’s a good chance I’ll make a future podcast out of your stock market related question.
Passive investing can be a great source of funds for retirement and for building a nest egg. In this podcast episode, a husband and wife asks Ryan's thoughts on building a SPY position on just $2/day. While consistent building a nest egg, is great, the timing and strategy in doing so is just as important.
Be sure to check out my Swing-Trading offering through SharePlanner that goes hand-in-hand with my podcast, offering all of the research, charts and technical analysis on the stock market and individual stocks, not to mention my personal watch-lists, reviews and regular updates on the most popular stocks, including the all-important big tech stocks. Check it out now at: https://www.shareplanner.com/premium-plans
📈 START SWING-TRADING WITH ME! 📈
Click here to subscribe: https://shareplanner.com/tradingblock
— — — — — — — — —
💻 STOCK MARKET TRAINING COURSES 💻
Click here for all of my training courses: https://www.shareplanner.com/trading-academy
– The A-Z of the Self-Made Trader –https://www.shareplanner.com/the-a-z-of-the-self-made-trader
– The Winning Watch-List — https://www.shareplanner.com/winning-watchlist
– Patterns to Profits — https://www.shareplanner.com/patterns-to-profits
– Get 1-on-1 Coaching — https://www.shareplanner.com/coaching
— — — — — — — — —
❤️ SUBSCRIBE TO MY YOUTUBE CHANNEL 📺
Click here to subscribe: https://www.youtube.com/shareplanner?sub_confirmation=1
🎧 LISTEN TO MY PODCAST 🎵
Click here to listen to my podcast: https://open.spotify.com/show/5Nn7MhTB9HJSyQ0C6bMKXI
— — — — — — — — —
💰 FREE RESOURCES 💰
— — — — — — — — —
🛠 TOOLS OF THE TRADE 🛠
Software I use (TC2000): https://bit.ly/2HBdnBm
— — — — — — — — —
📱 FOLLOW SHAREPLANNER ON SOCIAL MEDIA 📱
*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.
You Might Like
How to Trade Breakouts Without Getting Trapped
Managing Headline Risk: How to Survive the News Cycle Without Losing Your Mind
What to Do After a Winning Trade