When I enter a stock, I always like to have at least 2 reasons why I am trading the stock.. thats always been my rule and has worked for me. The reasons can be anythig: price resistance break, moving average break, big earnings report, a PR moving the stock, expanding volume, etc.. just as …
Here are my top 6 trading ideas for tomorrow: LIVE- r/g watch VELT- chart looks explosive and ready to breakout JIVE- stock is flagging on support.. wants more AMRS- over 3.5 should be gametime for this stock JRCC- stock is flagging right under the MA, watching for a breakout. break of flag is 3.44 XNPT- long …
Tricky week last week for traders as the market was essentially flat. We had some nice strenght to start the week only to give it all back on thursday and then some. But thursdays bloodbath offered no follow through as the market was strong on friday. The most bullish scenario i can see is …
Nasdaq Comp.: +0.68% Russell 2000: +0.50% S&P 500: -0.58% Dow: -0.99% Up and down week in the markets. We were filled with tons of economic data/headlines/ federal reserve meeting. It was a tricky one for both longs and shorts. The market itself was a mix bag finishing slightly down on the s&p and slightly …