UNG follow up

Posted by matt on 2nd of May 2024 at 11:55 am

UNG - Chart Link- been ping ponging between these wedge trendlines for a while, can it finally break out? 

FXY - I don't have

USDJPY - widow maker 

Posted by DigiNomad on 2nd of May 2024 at 11:54 am

FXY - I don't have a Japanese wifey so I bought FXY calls instead.  My sister lives in Bangkok, but the THB is still at the bottom of crash range.

EEM chart looks great.  Close to breaking out of an 18 month base. I'm getting in at 42.20.  

DBA

Posted by matt on 2nd of May 2024 at 11:51 am

DBA - Chart Link- firming in that support area now, which isn't a very strong support area, the bigger support zone is down around 22 - 22.5 area

DBA - Chart Link- nearing the 20 week EMA now

URA daily, weekly

Posted by matt on 2nd of May 2024 at 11:49 am

HTZ follow up

Posted by matt on 2nd of May 2024 at 11:49 am

HTZ - Chart Link- bottoming play from Monday, finally popped, testing 9 EMA now

ok let us know thx

COST

Posted by morton7 on 2nd of May 2024 at 11:41 am

ok let us know thx

Yeah ... got an alarm

COST

Posted by mla127 on 2nd of May 2024 at 11:36 am

Yeah ... got an alarm set on it ...  

lets see if it can

COST

Posted by morton7 on 2nd of May 2024 at 11:32 am

lets see if it can get over the 50 day...looks interesting

This is what I am

FUTU follow up

Posted by foody518 on 2nd of May 2024 at 11:28 am

This is what I am planning - I entered on the weekly confirmed breakout. Selling at high 100s gives over a 3:1 R/R

SMCI--did not quite get to

Posted by shellson2 on 2nd of May 2024 at 11:01 am

SMCI--did not quite get to the low of the other day at 707+, Hit 709 and moving up slowly.It was a sell the news event regardless of their earnings, hoping for a recovery to 750 in short order

Quick Note: Our Water Heater

Posted by steve on 2nd of May 2024 at 10:52 am

Quick Note: Our Water Heater busted overnight so slightly distracted here today.   Wild gyrations so remain prudent - levels and triggers

ASPN--wish I had kept...

Posted by shellson2 on 2nd of May 2024 at 10:52 am

ASPN--wish I had kept...

Matt:  great trade idea, thx.

FUTU follow up

Posted by ictguy on 2nd of May 2024 at 10:45 am

Matt:  great trade idea, thx.  long since triggered last week.  Q for you--when playing weekly chart, what parameters go into setting an appropriate S/L?    would you place it just below the top of that coil?  thx

CZOO follow up

Posted by matt on 2nd of May 2024 at 10:00 am

CZOO - Chart Link idea from the other day had a flag look

Thanks for mentioning this one!

AMD - 200 MA calling

Posted by matt on 2nd of May 2024 at 09:51 am

AMD - Chart Link- also a demand zone around that area and just bit below

Thanks for showing this one,

FUTU follow up

Posted by foody518 on 2nd of May 2024 at 09:49 am

Thanks for showing this one, looks like it has the possibility to really run

Hello, and thanks.  Can you

COCOA

Posted by ruidoso on 2nd of May 2024 at 09:45 am

Hello, and thanks.  Can you look at lumber, I heard it was getting interest again.  Thanks

COCOA

Posted by matt on 2nd of May 2024 at 09:43 am

$COCOA - Chart Link parabolic moves are unsustainable, finally coming back to earth after the parabolic move which ended with strong RSI and MACD divergence

FUTU follow up

Posted by matt on 2nd of May 2024 at 09:37 am

FUTU - Chart Link long idea from last week that I posted was in a long base coil, nice follow through higher this morning, I've been long since last week as I mentioned at the time. 

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