Trading Notebook: $BTC.X $DAL $BIDU
$BTC.X Bitcoin falling back below the breakout level here and failing to hold support. Double top formed in $DAL, just about to confirm. $BIDU breaking to the downside on this [...]
Trading Notebook: $RIOT $TTWO
Head and shoulders confirming on $RIOT. Still very susceptible to a bounce and rip higher. $TTWO Bull flag/consolidation at the recent highs. Support underneath, but needs to push out of [...]
Trading Notebook: $TGT $BTC.X $SNPS
$TGT up against resistance on the weekly, and could be setting up for a break through and a run back to $181. Pullback to a key support level, and attempting [...]
Trading Notebook: $VIX $RIOT $SMCI
$VIX still refusing to break through this basing pattern over the last 1.5 months. Heading back towards the December lows with another volatility crush. $RIOT possible short-term head and shoulders [...]
Trading Notebook: $AMD $BA $ADSK
$AMD - nice retest of the massive long-term support level that it previously broke through. So far, it is holding and following through today. One of the more bullish tech [...]
Trading Notebook: $MNMD $SBUX $TFC
Cup and handle breakout on $MNMD in play today. $SBUX long-term trend-line getting a test today. Nice ascending triangle in $TFC following the base breakout in December. Nearing a secondary [...]
Trading Notebook: $PTON $QS $DVN
Strong move out of $PTON, but needs to show it can clear resistance. Similar pattern in mid '23 that resulted in another leg lower. Big base breakout for $QS today [...]
Trading Notebook: $ZIM $MPLX $PSTG
$ZIM pushing through some resistance today with a breakout. Wild and volatile stock to manage the risk on though. Short-term you have $MPLX breaking through some resistance but long-term there [...]
Trading Notebook: $RCL $ALGT $NEM
$RCL rising trend-line off of the October lows is getting crushed today by traders that held off selling until today for tax purposes. $ALGT holding the rising trend-line off of [...]
Trading Notebook: $DIS $NFLX
$DIS bull flag pattern, but also playable is the bounce off of the 50-day and 200-day moving averages. Keep watching the bull flag in $NFLX...not in play today, but could [...]
Trading Notebook: $EG $VSCO $PEAK
$EG parallel channel where price is testing the lower channel band looking for a bounce. $VSCO bull flag re-test. Needs to bounce here, if it is going to continue the [...]
Trading Notebook: $TSLA $GLD $FBIN
Be leery of rising resistance that has consistently pushed back on $TSLA of late. $GLD pushing through multi year resistance dating back to 2020. $FBIN bull flag working in the [...]