DSL - Chart Link- again with these dividend
plays, generally best to buy after a deep pullback like we had last
time, but otherwise technically it's at resistance
thx morton but also just to reiterate, the earning's for
trade ideas are listed right in the trade tables! good resource
that many of you are not even aware of
$VIX - Chart Link- as my comments state on the
charts, you need to see a bounce in the VIX in order to flatten out
the slope of the lower Bollinger Bands, which at this point is
impossible for price to tag and close below - needs a bounce to
flatten out so that price is able to tag it in the future
$VIX - Chart Link- 60 min view, bounced finally
from that divergence
GE - Chart Link- price tagged the symmetry
target and bounced off that low. Watch symmetry though
because if price goes back down and breaks symmetry, then you have
an Inverse H&S that could form on a lower high bounce
GE - Chart Link- first main targets would be
the 20 day SMA and symmetry of the wedge, but if symmetry is
broken, then there's a strong chance of the lower high rally
forming a RS of a H&S top. Rising wedge patterns often
morph into H&S patterns
GDX - Chart Link- daily view - technically
since price did make a minor new high could be a wave 5 and then a
get a larger abc correction, but too early to call that, for now
price pulled back at that double top resistance
The community is delayed by three days for non registered users.
DBA bear flag playing out
Posted by matt on 13th of May 2024 at 11:20 am
DBA - Chart Link- mentioned last week that bounce would likely fail and had a bear flag look
XOM - ex dividend is tomorrow
Posted by matt on 13th of May 2024 at 11:12 am
XOM - Chart Link- ex dividend is tomorrow so holders on record for tomorrow receive the dividend
technically price logically stalled around that trendline
been playing AMC all morning
GME +8
Posted by matt on 13th of May 2024 at 11:07 am
been playing AMC all morning with 'Kitty' LOL
bringing out Mortimer for SBUX again
SBUX tagged 9 EMA take some damn profits
Posted by matt on 13th of May 2024 at 10:44 am
bringing out Mortimer for SBUX
again doesn't mean you have to sell it all if you think you have a good bottom in place, but good idea to tight stops up or lock in some gains
SBUX tagged 9 EMA take some damn profits
Posted by matt on 13th of May 2024 at 10:42 am
SBUX - Chart Link- on these CCI bungie setups, the 9 EMA is your main target so take some profits there.
DSL ex dividend is Wednesday
Posted by matt on 13th of May 2024 at 10:42 am
DSL - Chart Link- again with these dividend plays, generally best to buy after a deep pullback like we had last time, but otherwise technically it's at resistance
thx morton but also just
wmt earnings 5/16
Posted by matt on 13th of May 2024 at 10:32 am
thx morton but also just to reiterate, the earning's for trade ideas are listed right in the trade tables! good resource that many of you are not even aware of
https://breakpointtrades.com/watchlist/trade/?symbol=wmt
VIX comments
Posted by matt on 13th of May 2024 at 10:30 am
$VIX - Chart Link- as my comments state on the charts, you need to see a bounce in the VIX in order to flatten out the slope of the lower Bollinger Bands, which at this point is impossible for price to tag and close below - needs a bounce to flatten out so that price is able to tag it in the future
$VIX - Chart Link- 60 min view, bounced finally from that divergence
well....CNBC did talk about Roaring
GME +8
Posted by matt on 13th of May 2024 at 10:25 am
well....CNBC did talk about Roaring Kitty this morning LOL
META
Posted by matt on 13th of May 2024 at 09:49 am
META - Chart Link- backtested that broken trendline last week and rejected there
Airlines
Posted by matt on 13th of May 2024 at 09:45 am
JETS - Chart Link Airlines ETF looks decent
DAL - Chart Link Delta been on fire
GE follow up, wedge playing out
Posted by matt on 13th of May 2024 at 09:42 am
GE - Chart Link- price tagged the symmetry target and bounced off that low. Watch symmetry though because if price goes back down and breaks symmetry, then you have an Inverse H&S that could form on a lower high bounce
YINN, BABA
Posted by matt on 13th of May 2024 at 09:39 am
YINN - Chart Link- rally continues in China
BABA - Chart Link- BABA following up, have liked the weekly for a while
VIX 60 min
Posted by matt on 13th of May 2024 at 09:34 am
$VIX - Chart Link- gapped from that divergence off the March lows
A great listen, and hilarious seeing Pelosi squirm
Posted by matt on 12th of May 2024 at 12:10 pm
https://twitter.com/CitizenFreePres/status/1789257632525492558
great speech!
I gotta head out, have a good rest of your Friday and great weekend and Mothers Day
Posted by matt on 10th of May 2024 at 03:55 pm
I know Steve was bushed earlier, been a long week for him. I have to run out to an appointment right now, thanks guys
Update: GE nice short - thx morton
GE nice short - thx morton
Posted by matt on 10th of May 2024 at 03:51 pm
GE - Chart Link- first main targets would be the 20 day SMA and symmetry of the wedge, but if symmetry is broken, then there's a strong chance of the lower high rally forming a RS of a H&S top. Rising wedge patterns often morph into H&S patterns
GDX comments
Posted by matt on 10th of May 2024 at 02:56 pm
GDX - Chart Link- logical area for price to consolidate
GDX - Chart Link- daily view - technically since price did make a minor new high could be a wave 5 and then a get a larger abc correction, but too early to call that, for now price pulled back at that double top resistance
BITI and Bitcoin
Posted by matt on 10th of May 2024 at 01:57 pm
BITI - Chart Link- nice move from my post this morning
$BTCUSD - Chart Link-
Bitcoin 4hr
Posted by matt on 10th of May 2024 at 12:47 pm
$BTCUSD - Chart Link so far a 3 wave pullback to the 61.8% Fib area