XOM - Chart Link- ex dividend is next week May 14th

easy buy near that 50 day MA where swing stop goes

XLU - Chart Link-

SBUX - Chart Link- on SBXU the first target was the 5 EMA, the 2nd target is the 9 EMA, make sure to scale out of something there, nice bounce trade from that CCI bungie setup of course

no one commented earlier but you can find these type of setups from this scan if you input it into Stockcharts.com

[type = stock] AND [country = US] AND [Daily SMA(60,Daily Volume) > 200000] AND [Daily SMA(60,Daily Close) > 5] AND [Daily Close < Daily EMA(9,Daily Close) * 0.95] AND [Daily EMA(9,Daily Close) < 20 days ago Daily EMA(9,Daily Close)] AND [Daily RSI(5,Daily Close) < 30] AND [Daily EMA(9,Daily Close) < 30 days ago Daily EMA(9,Daily Close)] AND [Daily Close <= Daily Open * 1.01] AND [Daily Close >= Daily Open * 0.985] AND [Daily CCI(14) > Yesterday's Daily CCI(14)] AND [Daily CCI(14) > 2 days ago Daily CCI(14)] AND [[10 days ago Daily CCI(14) < -200] OR [9 days ago Daily CCI(14) < -200] OR [8 days ago Daily CCI(14) < -200] OR [7 days ago Daily CCI(14) < -200] OR [6 days ago Daily CCI(14) < -200] OR [5 days ago Daily CCI(14) < -200] OR [4 days ago Daily CCI(14) < -200] OR [3 days ago Daily CCI(14) < -200] OR [2 days ago Daily CCI(14) < -200]] 

the nice thing about that volume profile indicator is that it shows you were the supply/resistance and support/demand zones roughly are. You can see the large volume profiles near important support areas etc 

Here's a few pm stocks that haven't busted out yet

IAG - Chart Link- coil

RGLD - Chart Link-

AU - Chart Link- coil

NEM - Chart Link-

PAAS - Chart Link- BOOM

KGC - Chart Link- BOOM

GOLD - Chart Link-

EXK - Chart Link- BOOM!

$SPX - Chart Link- last night I commented on the abc pulling looking like a wave 4, and we got another pop this morning in that wave 5. That could be wave 5 of C or of the more bullish 3. Either way now we have some MACD divergence 

$SPX - Chart Link- 15 min I showed last night

a pullback now under a bullish view would be as a wave 4, under a more bearish view would be a completion of wave C 

BLFS - Chart Link - short that continues to work out

SLQT - Chart Link - hopefully you sold with Mortimer this morning 

NVT - Chart Link- nice follow through

FE - Chart Link- nice follow through

CEG - Chart Link- new follow through

CIVI - Chart Link- new breakout

SBUX - Chart Link- the CCI had spiked below -300 and formed a divergence with price and along with the MACD divergence on the 60 min time frame and doji candle as a trigger was a perfect setup

here's past examples of it

https://breakpointtrades.com/blog/post/292951/

also if you want to scan for these setups, here's my personal scan, SBUX was on the scan 2 days ago

[type = stock] AND [country = US] AND [Daily SMA(60,Daily Volume) > 200000] AND [Daily SMA(60,Daily Close) > 5] AND [Daily Close < Daily EMA(9,Daily Close) * 0.95] AND [Daily EMA(9,Daily Close) < 20 days ago Daily EMA(9,Daily Close)] AND [Daily RSI(5,Daily Close) < 30] AND [Daily EMA(9,Daily Close) < 30 days ago Daily EMA(9,Daily Close)] AND [Daily Close <= Daily Open * 1.01] AND [Daily Close >= Daily Open * 0.985] AND [Daily CCI(14) > Yesterday's Daily CCI(14)] AND [Daily CCI(14) > 2 days ago Daily CCI(14)] AND [[10 days ago Daily CCI(14) < -200] OR [9 days ago Daily CCI(14) < -200] OR [8 days ago Daily CCI(14) < -200] OR [7 days ago Daily CCI(14) < -200] OR [6 days ago Daily CCI(14) < -200] OR [5 days ago Daily CCI(14) < -200] OR [4 days ago Daily CCI(14) < -200] OR [3 days ago Daily CCI(14) < -200] OR [2 days ago Daily CCI(14) < -200]] 

yep! was down initially, nice to see it rebound, got close to the 20 day MA then bounced

wow congrats on that! 

maybe now talk to Mortimer!

YINN - Chart Link- had quite a move, pulled back to test support yesterday, rebounded

nice thank you!

SLQT - Chart Link- take some damn profits if you haven't

$VIX - Chart Link- after filling the gap yesterday, bouncing today, MACD divergence 

META - Chart Link- does anyone know of an inverse ETF for META? I found a -3X one but it's on the London Exchange LOL. trying to find a way to short it in my IRA

just like TSLA has an inverse ETF, figured there has to be one for META, does anyone know symbol?

Youtube video finally uploaded - apparently Youtube had an outage, tons of people were complaining about their videos taking forever to upload

Youtube Video Wednesday May 8th, 2024  - watch in full 1080 resolution on tablet or desktop NOT your phone

PLEASE leave a like and comment, helps the Youtube Algorithm to get out stuff more visible - I appreciate the support!

Newsletter Wednesday May 8th  standard Webpage Format  - contains all the dynamic chart links

$BPGDM - Chart Link - I haven't posted this in a while, is on a sell finally from yesterday

SBUX - Chart Link one of you guys  pointed out the CCI bungie setup yesterday, triggered today

SBUX - Chart Link

SBUX - Chart Link monthly longer term looks like crap

not surprised, that ARM chart looked vulnerable in the first place, 3 wave bounce, MA bearish squeeze etc