Technical Trades
Technical Analysis applied to Stocks and Futures.

The TA whispers lower.

Plan for Monday is buy the C with a tight stop.

Further to HOM long entry yesterday. +6.23% now and stop to even.

Further to BELM short entry yesterday.

2% risk presents right here as I post this chart; price falls to intraday pivot. The weekly is very bullish and the other technicals support the long side. But it’s all about good r/r entries, and one presents right here. Short-term target is 100, then 150. R/R is 12.5 (+25%:-2%) at […]

For 2% risk entry, today’s intraday pivot looks nice, and is supported by the 5min inverted head and shoulders pattern. 16.35 is the 2% stop area or you could use a 3% stop at 16.18 and get the benefit of price support from the other day.

Further to the previous KMX post, today’s action is clearly impulsive and doing the larger 5 in the last chart.

From January (pre-split)

Today +40%

….proof that perfect entries are possible. Ya just gotta hunt ‘em down

Regarding this entry earlier today:

Stop to even now and green hope for a nice move.

Looks like a very good technical area to be buying ELN.

With a stop over high of day, this is a good short. Risk 2% target major price support of 3.25 or +36%. Reward/Risk is 14.5! Nice numbers.

HOM worth stalking for a good r/r long entry at these levels.

QQQQ looks weak.

APPL is bearish while ever under the March support C.

Weekly chart shows a search for support. Well there is the major channel and volume by price support area. Still a ways to go.

Some basic technical analysis shows a potential for bullish reversal.

Stock of the week? I dunno about that, but lots of potential for a 25% move to channel resistance.

Stocks will do the most impressive things won’t they? From boomer to crasher. But the chart shows that stalking long is the way to play this.

This little stock is setting up for the support buy soon. Channel long area would offer great risk/reward.

This price action of this stock shows that a failure of support would be a distinctly bad thing for bulls.

Further to previous, this stock looks set to move up off the 4.

This stock has a very nice chart. And it’s a featured parabolic stock pick at this website, after being filtered from the IIC 100