Trade the Charts
Will FIVE Below go lower?
Long trades haven’t worked out very well in the last couple of weeks, so let’s try a bearish one instead. FIVE is currently testing the 2 […]
bearish
Automation Recap
Automation Recap Nov 5, 2018
Only 1 trade today. This trade was fast. Shortly after hitting my target it reversed. Anyone else trying trade a similar setup with a larger target would have gotten stopped out with the big wick testing the daily high. […]
Trade the Charts
Next Target for Square Inc
Square (ticker: SQ) still hasn’t found any support yet. While this company is one of my favourites, (and you always see their productions when you go out), it’s not enough to help save the stock price. […]
Articles
SPY, next stop 257!
The party isn’t over yet. Last week we saw a 4.67% drop in the SPY and the train doesn’t stop here. While we can expect some slow down in the bearish direction on Monday and […]
Automation Recap
Automation Recap October 26, 2018
Beautiful trade. Only took 15 minutes to hit the target. It touched the daily 200 SMA then bounced back up. Overall a perfectly executed trade and this is exactly the type of trades this strategy aims to get […]
Automation Recap
Automation Recap October 25, 2018
At the beginning it didn’t look like this trade would work out very well. This is a newer strategy and I was hesitant. The timed exit did book some profits to help offset the loss on LUV (next). […]
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Nustar Energy has more room to fall
Nustar Energy recently broke below its rising trend line and is no testing both the 100 and 200 day simple moving average. We can see a little bit of support at $24, then $22.50, finally […]
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Can Macy’s recover from here?
Macy’s (ticker: M) has had an impressive run this year. Considering that the retail space has been shrinking due to the likes of online shopping behemoths like Amazon (ticker: AMZN), Macy’s has done pretty well. […]
Trade the Charts
AKAM, familiar pattern? Possible bearish play…
Akamai Technologies (ticker: AKAM) has been here before. This looks really familiar and could be an easy short. Also when it tested the 100 day simple moving average it was broken quite easily. I wouldn’t […]