Trading Notebook: $PLTR $XHB $IWM $D

2023-11-29T14:58:16-05:00November 29, 2023|

$PLTR - major gap still left unfilled, and a pullback to one of the two support levels underneath would be the best opportunity to me. $XHB consolidation prior to the the break through resistance, sets up well for higher prices with tight risk management. $IWM two hard rejections off of [...]

Trading Notebook: $TTD $SBUX $AAPL $LULU $XLC

2023-06-06T12:44:24-04:00June 5, 2023|

$TTD attempting to break out of a year-long sideways channel. Watch $SBUX as it tests the underside of its broken trend-line. I expect some push back and if it holds could set up for the next leg lower. $AAPL breakout to new all-time highs. $LULU sharp rejection at resistance and [...]

Trading Notebook: $XLK $MELI $CCJ $ABNB

2023-06-01T16:38:01-04:00June 1, 2023|

This move in $XLK over the past month blew right through its rising channel and never looked back. $MELI short-term rising channel in play - looking for a bounce back towards 1400, if it holds. $CCJ pushing through huge resistance as it breaks out of a long-term triangle. Not a [...]

Trading Notebook: $SOFI $NVDA $UNH $INVH $SPY

2023-06-01T00:26:38-04:00June 1, 2023|

Strong move for $SOFI, but it still has to do battle at the $8 mark, which has rejected price on the previous two rally attempts. $NVDA gap closed, but the effort to bounce it after that failed. Watch for an attempt at filling the second gap. $UNH price action still [...]

Trading Notebook: $ULTA $CHPT $AVGO $NVDA

2023-05-30T16:42:47-04:00May 30, 2023|

Key moment for $ULTA and a potential bounce attempt. Best to wait for the bounce itself to unfold off the rising trend-line, instead of buying and assuming it will bounce. $CHPT testing declining trend-line and attempting to push through here. $AVGO candle looks like a blow-off top has emerged, and [...]

Trading Notebook: $NVDA $BABA $TGT $INTC $BRBR

2023-05-25T21:33:04-04:00May 25, 2023|

Realistically, where is $NVDA going to find new buyers at this level? Descending triangle pattern breaking to the downside on $BABA. Significant breakdown taking place on $TGT as it pushes below the lower channel band. $INTC breaking down through the triangle, and looking at a possible retest of support Bull [...]

Trading Notebook: $GM $BBWI $SHOP $TGLS $AAPL

2023-05-24T17:21:29-04:00May 24, 2023|

Wedge breakout yesterday in $GM failed to hold today. A lot of these happening in stocks right now. Especially in the non FAANG plays $BBWI with not the most convincing breakout so far, but it is still managing to hold the support level. $SHOP bull flag pattern worth watching still [...]

Trading Notebook: $WYNN $MRNA $PLUG $PINS $CMCSA

2023-05-23T16:43:13-04:00May 23, 2023|

$WYNN rolling over and breaking a key support level here. Watch declining resistance for potential push back on $MRNA $PLUG running hard into an area of resistance that make complicate the bounce off its lows. $PINS running into the underside of broken trend-line support. A break back above would put [...]

Trading Notebook: $CBRE $GME $CCL $CPB $XFOR

2023-05-22T17:20:50-04:00May 22, 2023|

$CBRE cup and handle starting to break out above resistance - a little consolidation here would go a long ways before the next move higher. $GME 200-day moving average has been a headache the previous two attempts to break above, marking temporary highs. Will need to break and close above [...]

Trading Notebook: $DVN $SHLS $CRS $KRE

2023-05-19T18:32:59-04:00May 19, 2023|

Descending channel remains intact for $DVN. A break above would signal a change in course. $SHLS with a nice push through declining resistance, but needs to breakout of consolidation to get bullish on it. $CRS attempting a bounce here off of short-term rising support. Should the bounce hold be mindful [...]

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