Trading Notebook: $JETS $SPLK $COIN $CPRT
Watch to see if $JETS can stabilize here and bounce off the rising trend-line. $SPLK Ascending triangle in play. Best if it can consolidate some right here, and then make [...]
Trading Notebook: $DOCU $NIO $PLUG $CVX
Massive triangle $DOCU not to far from its all time lows. Formed a double bottom in the very short-term but that pattern is simply part of the much larger triangle. [...]
Trading Notebook: $RXRX $KMI $AMZN $GOOGL
Perfect example of why you shouldn't FOMO into a trade at the open. Traders down more than 15% since the open. Risk/Reward can't be managed. $KMI breaking out of a [...]
Trading Notebook: $SKLZ $HKD
$SKLZ with a nice gap fill so far today. Traders still hoping for another rally in $HKD. Trading is about consistently extracting profits from the stock market, not hoping for [...]
Trading Notebook: $NIO $UNH $LYFT
$NIO breaking through both layers of resistance today on strong volume. Either $UNH bounces at $455 as it has done for the past 1.5 years, or it confirms the triple [...]
Trading Notebook: $DPZ $RMBS $PERI $F $RDNT $ROKU $AAP
$DPZ breaking declining resistance with double bottom in play. $RMBS nice bull flag breakout & retest of declining support. Needs to hold this bounce in order for the trade to [...]
Trading Notebook: $AMD $SPY $BYD $DWAC $TNX
If $AMD breaks short-term support, I would be looking for the next leg lower to start on the stock. $SPY is trading in the gap now. Nice pullback for $BYD [...]
Trading Notebook: $FVX $EYE $WBA $DY $Z
$FVX pushing through resistance here... $EYE cup and handle forming... still a ways to go before confirming. Be mindful of declining resistance. $WBA breakout on the hourly chart out of [...]
Trading Notebook: $BTC.X $XLV $NIO $LCID $TSLA
$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. [...]
Trading Notebook: $BAC $SPOT $BB $NKE
$BAC well formed triangle, could see a breakout of the pattern next week if the financial rally can continue. $SPOT ascending triangle in the short-term nearing a breakout. $BB second [...]
Trading Notebook: $VRTX $CCJ $LMND $SLM
Some short-term overhead resistance forming that $VRTX is close to pushing through for another breakout. Caution though is warranted as is the case with any biotech. $CCJI'm not quite sure [...]
Trading Notebook: $SNOW $ZS $OSTK $XOM
$SNOW with a strong move initially today, but still getting rejected at resistance. Can't seem to sustain a move above it, just like the previous 4 times. $ZS potential for [...]