Swing Trade Setup To Watch in H&R Block (HRB)

2016-08-12T14:05:12-04:00August 12, 2016|

Another one of those “meh” days from the market. The biggest problem for the market of late hasn’t really been the threat of downside, as it is just getting simple follow through on the prior day’s price action. So a lot of your breakouts in individual stocks are not being [...]

Short Setup For A Market That Could Go Bad

2016-07-26T14:51:37-04:00July 26, 2016|

There is a lot that could go bad this week. Apple (AAPL) earnings are after the bell, then you have Amazon (AMZN) later in the week. Not to mention the slew of economic news from the Fed tomorrow at 2pm eastern when they release their FOMC Statement and then again [...]

Home Depot Trade Setup Looks Mighty Nice

2016-07-06T11:47:15-04:00July 6, 2016|

Home Depot (HD) has a lot going for it today as it is break through multiple levels of resistance both from a short-term and longer-term time frame.  First you have a double bottom that has formed and confirmed over the past month. Next you have a key support/resistance level at [...]

LVS Swing Trade Setup

2016-06-17T10:20:07-04:00June 17, 2016|

6/17:Cup and handle pattern in play on LVS. Held up well to recent 5 day sell-off by stocks and is now ready to break out of the pattern and base that it has been in for the past 2.5 months. Also, its competitors are showing a lot of strength of [...]

Swing Trade Setup MMM

2016-06-07T10:17:49-04:00June 7, 2016|

6/7: Breaking out of the recent price range from the past two months with an inverse head and shoulders pattern at the highs. Support at the 50-day moving average.

CNK Swing Trade Setup

2016-06-02T15:52:38-04:00June 2, 2016|

6/2: Nearly three months of consolidated trading that it is starting to emerge out of. Once this happens, this is a risk reward setup that could return 3:1 for the amount risked. Continues to find support at the 50-day MA and looking to make an intial push towards $37 for [...]

LNKD Swing Trade Setup

2016-05-26T12:56:23-04:00May 26, 2016|

5/24: LNKD following their horrific sell-off after their February earnings report, has created a very nice base that it is now attempting to break out of and push into the gap. We day-traded th is stock earlier in the month and made a solid gain. I think here it is [...]

AMZN Swing Trade Setup

2016-05-26T12:55:00-04:00May 26, 2016|

5/25: Nice bull flag tthat over the last two days it has fought to break through and establish new highs in. Broke today above the 5-day and 10-day moving average, with a nice series of higher highs and higher lows in place. I expect recent highs to be taken out [...]

TSLA Swing Trade Setup

2016-05-26T12:48:45-04:00May 26, 2016|

5/26: Short-term cup and handle. There is some resistance overhead with teh 200-day moving average, but also has some decent support underneath with the 5-day moving average.It is hard to get a good risk/rreward entry on $TSLA so, it can require being aggressive on the entry.

The Microsoft Trade Setup

2016-05-26T12:21:43-04:00May 26, 2016|

Microsoft (MSFT) has one of the more intriguing charts that you will find out there today. In fact it may be one that I end up buying before day’s end.  You have a nice double bottom play, over the course of the past month, and followed by a breakout of [...]

LNKD Swing Trade Setup

2016-05-10T10:37:56-04:00May 10, 2016|

5/10: LNKD, following their horrific sell-off after their February earnings report, has created a very nice base that it is now attempting to break out of and push into the gap. It has pulled back from $130 over the five days with very light volume and is attempting to bounce [...]

MA Short Swing Setup

2016-05-05T10:35:17-04:00May 5, 2016|

Heavy amounts of distribution for the better part of April and into May with the 20-day moving average providing substantial resistance overhead as well as an ugly weekly chart that seems to be hitting resistance again on the long-term time frame and on the 30 minute chart it shows more [...]

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