• Tesla (TSLA) and Netflix (NFLX) stocks have both reported earnings with drastic gaps in opposite directions. Now that earning is over, what should swing traders do in terms of trading both NFLX and TSLA and what support and resistance levels should we be watching?  

    By |Published On: October 19, 2023|0 min read|
  • That is a ton of put buying going on with $TSLA today. Still not a reason for me to play earnings though. Rising trend-line on $TSLA beginning to break down ahead of the its earnings report. $CBRL 25 year support level holding up so far and allowing for a bounce to materialize. Key moment for

    By |Published On: October 18, 2023|1 min read|
  • Double top confirmation with the recall news on $RTX. Possible support at $75. $TSLA broke out of the triangle pattern with a massive gap higher, but be mindful of the heavy resistance lurking overhead, that doesn't make this trade an ideal reward/risk following the massive run higher today. Long-term resistance getting tested on $FNGR following

    By |Published On: September 11, 2023|1 min read|
  • Watch this consolidation in $TSLA just below the 50-day moving average. A break above the triangle and moving average could jump start the next move higher. T2108 Update Break this key support level and $GME starts to look more like the next $AMC $GPOR with a developing bull flag pattern, but yet to breakout. A

    By |Published On: September 8, 2023|1 min read|
  • Major support breaking today on Tesla (TSLA). Now the next level of support comes in at the rising trend-line around 207-210 area. SPDR Gold Trust (GLD) inverse cup and handle pattern nearing confirmation. CBOE 10-year Treasury Yield Index (TNX) October highs on tap. Rates continue to rise significantly. Lululemon Athletica (LULU) price action still struggling

    By |Published On: August 16, 2023|1 min read|
  • Nice bounce off of 3 nearby support levels so far for $NIO, but be mindful of $TSLA earnings today that could have a significant impact on the stock (for better or worse). $SPOT ascending triangle breakout level. Watch the 5-day moving average as type of trailing stop-loss. A close below would be reason for me

    By |Published On: July 19, 2023|1 min read|
  • $BTC.X remains in the early stages of its breakout. Really nice base breakout that goes back over a year. $XLV (healthcare) struggling to hold Friday's breakout above the declining trend-line. Watch for a break above $133.04 to resume the uptrend. $NIO inverse head and shoulders pattern, with multiple layers of resistance overhead that needs to

    By |Published On: July 3, 2023|1 min read|
  • $ESMT break of declining resistance today, and push above the 200-day moving average. Keep an eye on major resistance above going back to December '21 $AAL breaking out long-term resistance today, with strong sector/industry leadership. Bull flag watch for $TSLA. A little steeper than I'd prefer, but may work with the 20-day MA holding as

    By |Published On: June 27, 2023|1 min read|
  • Tesla (TSLA) up 12 straight days and 17 of the last 19 days. During that time it is up 52% One of the most bizarre moves to see for a company of this size. Cigna (CI) double bottom nearing a breakout level, but may need to consolidate some in the short-term before putting together an

    By |Published On: June 12, 2023|1 min read|
  • $SHOP with a notable bearish engulfing candle pattern following Monday & Tuesday's breakout of the bull flag - could be a signal this trade is reversing hard here. $MVIS - doesn't get much more parabolic than this. A few questions to ask about this stock: 1) How many times in the past 10 years, or

    By |Published On: June 7, 2023|1 min read|