szaman This is follow a up post from last education post,“Trading Intraday Momentum”. If you missed reading that post, I suggest you reading it before proceeding to this post. Biotech stokcs has been flying all over ,so on January 7th , we traded this ARNA long all day. Reason being ARNA managed to hold the up …
Pull back day in the market after SPY had big bounce off 100 MA. Bulls are back in control as long SPY consolidate over all the moving averages . Right now SPY holding over 8,20 and 50 MA. There might …
Biotech name has been on fire lately, pretty much every day we are seeing another biotech stock making 30,50 even over 100% run intraday. So how does a new trader catches a piece of the action? In this post i will dissect a biotech stock that we played in out chat room today. ARNA was …
Ugly start of the year in the market as SPY breaking all kind of short and intermediate term support. Both SPY and QQQ barely managed to hold the 100 MA. If this does not hold next support comes in …
Pull back and some volatility in the market after days off slow grind move. SPY holding 20 MA, Bulls can start bouncing the market here, if not SPY has support at 50 MA and gap fill trend line support. I …
Market back in slow low volume grind up move. We also have another short holiday trading week so volume will be light again and will have some choppy moves. Recent IPO’s running again. VA , JUNO two recent IPO’s had great run last week. So I will be focusing on some other IPO’s . Oil …