Another case of hot stock from yesterday that is breaking down. Possibly the bullish case is over here, maybe earnings surprise will save it but I doubt. It's time to ride it down.
I love to trade $ROKU. It was an awesome instrument for me to trade so far. Doing my weekly overview of the market and just saw that $ROKU just made it to my list of candidates to short. Double top, the stock is lacking momentum to go up, trend line breakdown with bearish candlestick formation right before that. I think that the bullish case for this stock is...
Resistance is broken, took the position. Will average up if will see that the trade is working. Shortage of food is coming to the store near you and most have no clue that it is coming. If you think that it is not possible, think again. Plywood at $100 was a fantasy not long ago. Get ready to pay $50 per pound for meat.
Two days ago I noticed something ugly forming in Nasdaq and gave warning to my followers. I keep on watching it closely as things started to unfold. One confirmation after another telling me that this may develop into something bigger than most people may expect. The season changed and a new set of trading rules may give better results from now on. Did we just...
The cup and handle formation is almost completed. The majority is still in denial and did not capitulate yet. However, the chart is very bearish, the golden cross is in place with no bullish indicators in sight. I still maintain my bearish view from my sale signal near $47K. I think 18-19K is very possible in the near future. It is not a signal to go short yet but...
I like stocks like this one. Recently this formation has been popping up on my radar and it works like a charm. Very low-risk investment, in the booming industry. Shipping rates have been skyrocketing lately and with delays in the Suez canal, they will stay elevated for a while. For my business, I am often ordering different products from all over the world in...
Simple self explanatory chart. Time to go short here
Lately markets look kind of shaky and stocks that most people trade are very dangerous. We will have a shift and some of the funds will move into mining as overpriced flying pigs will start falling from the sky. I monitor this segment of the market very closely to be ahead of the crowd as thing will change. Lot's of miners been trading sideways or sliding lower,...
This stock provides an amazing opportunity. Float is only 240 000 shares. According to many sites, there is almost no short float but this is not true. Because this stock has such a small float I started to buy a bit earlier today and not waiting for my setup to develop. The main reason, once it is ready it will not give any chance to get in at a reasonable price....
I have been stalking this stock for a very long time. Same as my previous pick, $APOP that exploded today, it has all of the criteria I am looking for. With such a small float this may go much higher than people may wish for. Good luck.
I was entering this stock before already but the move I anticipated never happened. Was able to get out without profit but it's ok. But all this time I was watching this stock developing and now I see another setup that meets my criteria and has a potential for a double or much much more in this case. The float is very small and with enough volume, this stock can...
This stock is primed for the squeeze. Volume stalling comparing to what it is usually doing and the price is pushing up slowly squeezing the shorts. I would expect a spike both in volume and in price in the very near future. Good luck
The chart is primed for a spike. Of course, the stock may have a slower rise finishing cup formation but at any moment it may squeeze hard.
Wave 5 is complete and we are at the crossroads. On one side we are in the midst of the destruction of the dollar and starting stages of hyperinflation, on the other side so many dumb "investors" are trying to play the market and they have no clue what they are doing. Margin debt levels are at the highest level in history, the crowd is so convinced that this time...
This is a very low trading volume stock. Many people do not like stocks like this. But they sometimes explode in case of any significant catalyst. Chart formation is in place, time to make money. Be patient and do not use stops, MM's will pick it up. It is easy for them to do it in low volume environment. Good luck!
Just follow the common-sense rules. Safe to add to the position if we see an increase in volume. The move should last for some time in that case
We may see breakout above $1 and fast move up. Good luck
It was going sideways for so long. Time for a trend change. I'm glad I just added to my position this weekend @ $5.11