Market is at resistance here and its overbought. As Im playing the range I have been selling off some shares and taking profits. I will reload at the bottom of the range in the SPY or the 50dma. I still have a feeling the breakout is coming as Im seeing nice setups in the TRAN …
As you know swingtrading is all about trading between support and resistance. You must have the ability to go long and short. The mechanics of a short trade are the same as the long except in reverse. Here is a very low risk high reward short Im looking at $fcx What do you …
AMD APWR BEXP CAAS CMFO CYTX CYD DAN FMCN GCI GOL HEAT HGSI HL HPJ HTCH ICOC IO IOC KNDI MED NANO NEP NLST NTRI REV RINO ROY SANM SCSS SEED SKX SNIC SORL SWSI THM TMI TSL TSTC TRIT TTM UAUA UFS VISN WSII XRA ZSTN I run scans all the …
range, range, range, range, range, range range. The last couple weeks has been some of the easiest trading a swingtrader could ever imagine. Bounce between support and resistance…….holy moly! you know what thats called. Swingtrading. Today the market neared the top of the range. As we have known for weeks to get our breakout we …
Judging from the chart of $spy the ideal long entry is a pullback to the moving average OR a confirmed breakout above whats been a pretty long trading range. Today SPY floated towards resistance (the recent highs). Typically when market is range bound for such a longtime there is a decisive break to the …
A little education on a “secondary” or dilution.