3309 Drysdale Ct
Edwardsville, IL 62025
Matt, I'm not getting the charts on the Zoom meeting, just each
Steve or Matt, can you comment on the pattern (if any) of
APPS? Very wide range over the last 2 months; so far today
tested 9ema, 20ma and 50ma and has bounced some. I own a small
amount, trying to stick with it as a longer term growth play, so
obviously I'm biased in favor of the company.
SPY 3 min chart, diamond pattern. Very short-term, of
You know how Matt is always saying to extend your trend lines?
Well, check out this QQQ 5 min chart, just for the uncanny price
action. The yellow is the pre-market this morning.
CVS - saw elsewhere as a good dividend play (as a general
proposition), and I looked at the old BPT CVS chart from like 2016.
Sure looks like an inverse h&s in play. I am long /w a stop at
74.60 (below the 9ema).
Is NEM putting in a higher low? We'll see I guess. Here's a 5
min chart showing the action so far.
working on the breakout re-test right now.
BLDP looks interesting here on the 15 minute chart, for a day
Yes, please do notify of that 3rd entry. That combined w/
an intraday pattern, etc., could make for a lower risk trade.
Heck, notify us of the 2nd entry, with this rationale: one
could set a buy limit for 1 or 2% below the 2nd entry's price; or
watch for an intraday candle or TA pattern ; or put in a buy order
for a call that's a couple hundred below the price on the entry
day. In the case of a call, the strategy could be to play for a
short term bounce, so you could go out only 4-5 weeks instead of
the usual two months.
Folks still holding POWW here? As far as a trade I'm
Yes, very much appreciated!
Early still, but X has a long hammer candle on the daily. See if
Matt, do you think the SPY trade will close either today or
tomorrow morning? Or is this a longer hold type trade?
and the 9ema is at 3915
Update on SPX Fibonacci chart. Price came right down to the
.50/.786 confluence and bounced.
AAPL breaking down out of a bear flag. 15 minute
EDIT: back up into the flag/channel. May need to re-draw it.
Wow, cut right through those ticks.
Matt or Steve: if the market is going to bounce here, you would
expect that the gap in the QQQ would not be filled, right? Or would
you more expect that it would fill and then be just as likely to
bounce as if it didn't?
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