3309 Drysdale Ct
Edwardsville, IL 62025
IWM looking bearish
Hesitation at the uppr channel-line...
Why did they have to name it after my favorite Mexican
beer? Should have stayed with Wuhan.
APHA - Chart Link
AAXN daily nice breakout today
I'd like to also say, I'm new here, and the content, is just
Attempting a pop of the 'Diamond' to the upside...
Showing a 'Pennant' after the Channel B/Out...
GKX - At the uppr-line...
OXLCO - Chart Link- Stockcharts has a Dividend
indicator therefore I went ahead and added it to the dividend
plays. OXLCO weekly chart shows you how stable it is, those few
pullbacks were very small like $1 - $2 only. pays monthly and
when the CCI spikes on those pullbacks is good time to add
OXLCO - Chart Link- daily
MAIN - Chart Link- another daily dividend play,
been commenting on since early last year
BIZD - Chart Link- another one, monthly though,
commented on it earlier last year
if you guys have any others that you really like you can p.m. me
or email me and I'll plot them and add to the list if they look
APHA Breaking out
The breakout was also retested yesterday. Yet a break-out is not
strong enough to move higher. PPLT provides no leverage, so one
must have enough capital to buy it and hold it in order to make
some good money on the trade. IMHO, platinum futures are more
attractive although more complicated. I never trade futures only
based on the charts.
Tried to get separation from the 'Broadening' Plot but failed so
Tagged the uppr-line of the Bear 'Wedge' & recoiled...
The average true range for palladium is something like 25
points. That is $2,500 on a single contract of palladium futures.
Trading it is not for small accounts, below $50K. One also must be
comfortable with momentum trading by adding contracts as it moves
Platinum is a lot cheaper and has more upside potential.
Slipped the lwr-line of the 'Broadening Wedge' and unless the
Purple & Dotted-Grey can hold we have the 'Wedge' in-play to
JO - Chart Link - here's a 30 min chart of
JO. Potential double bottom there, this creates a lower risk area
to try an initial long with a tight stop if one wishes to do
that. Otherwise price needs to break that trendline. Also
notice I drew a trendline on the 60 Length Stochastic to monitor as
Stops still good & So far Holding the B/Out &
again all PPLT did was textbook by breakout over resistance last
week, then pulling back to re-test former resistance turned
support, if you recall I replied to a question early last week said
it would be a good buy PPLT pulled back to re-test that area and it
The SPY Exhaustion trade was triggering a 2nd entry when the
market was at the highs, over 332.95 is the price
went away of course as the market pulled off that high
Palladium making new highs, wow $10k move for if you owned 1
Trying for a turn off its Daily/Stepped-Red (DSR) & 50/Fib
Orange-MA is a resistance line...
4hr/Blue is also a res-line...
1St Trailing Stop has been triggered...
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