KL - gold stock. Strong day despite gold being down.
Picked it up yesterday prior to close. Today, blasted
up through the 9, 20, 50 and 200. Currently at $40.80.
H&S pattern target would be $56.
GME - pulled back to the 9 on the daily which, during
those explosive moves up, has acted as strong support. Also
coiling on the hourly. Not in it tho may pick up a small
position before close.
Shorted natgas (via KOLD) when it retraced all the way back up
to the BO from the diamond pattern. Dotted lines show price
target based on diamond. /CL did the same thing earlier this
month which made for a nice low risk/tight stop trade.
Yes, odd. TradingView indicates earnings on 9/1, but when
clicking the link it says 8/25. CNBC reports that "
NCTYreported 2nd qtr 2012 earnings of
$-0.76per share on 8/23/12. This
missedthe $-0.36 consensus of the 2 analysts
covering the company."
Yep, good week for DUG, DRIP & ERY. Got stopped out
during that strong bounce after the breakdown out of the diamond,
but re-entered when /CL approached the BO point. I was a bit
cautious as the 9 was poking above the 20, so positions aren't full
size, but still a nice trade. Trimmed up as we neared
previous support but still have a little to run, looking for a
return to the $61.50 area and/or the 200MA.
I follow /NG, mostly playing through UNG. But on the
futures chart, I drew a diamond reversal (different location than
your diamond) with a pattern target of ~$3.50. Price is
currently around the 50MA, so first need to see if that holds or
gives way. Similar looking pattern on UNG (not shown).
Div Adjustments - rule of thumb? I usually use unadjusted
prices for short-term charting and adjusted prices for longer term.
Just gut sensibility. Does anyone have a good rule of
thumb or data-driven guidance for when to use adjusted
prices? It does make a difference where trend lines get drawn
and could lead to ambiguity about whether something is breaking out
or not. TIA.
NCTY - from earlier watchlists. Breaking out of nice long
basing pattern. 25% move today so wouldn't chase it, but
looks good long-term and maybe some options near-term could be a
good way to play it.
My best trades over the past few months have been looking for
good swing setups where the 9 is about to cross up over the 20 or
50, or both. The more they're bunched, the larger the initial
move generally. They've been providing a higher probability
opportunity to get a sizable pop and then trim for a swing run.
ENPH - arun posted this last week as it approached its upper
consolidation trendline. Pulled back to the middle BB and
found buyers there. Looking interesting for a BO w/ stop
below the middle BB.
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KL - gold stock. Strong
Posted by rjdst on 2nd of Sep 2021 at 03:42 pm
KL - gold stock. Strong day despite gold being down. Picked it up yesterday prior to close. Today, blasted up through the 9, 20, 50 and 200. Currently at $40.80. H&S pattern target would be $56.
GME - pulled back to
Posted by rjdst on 2nd of Sep 2021 at 03:38 pm
GME - pulled back to the 9 on the daily which, during those explosive moves up, has acted as strong support. Also coiling on the hourly. Not in it tho may pick up a small position before close.
CAN - so far, can't;
Posted by rjdst on 2nd of Sep 2021 at 11:12 am
CAN - so far, can't; but trying to push over resistance...
No doubt. The /wsb autists
Someone lit a fire under UNG. Stopped out of my ...
Posted by rjdst on 26th of Aug 2021 at 01:44 pm
No doubt. The /wsb autists are probably making UNG memes now....
Someone lit a fire under
Posted by rjdst on 26th of Aug 2021 at 10:47 am
Someone lit a fire under UNG. Stopped out of my KOLD position.
Shorted natgas (via KOLD) when
Posted by rjdst on 25th of Aug 2021 at 12:35 pm
Shorted natgas (via KOLD) when it retraced all the way back up to the BO from the diamond pattern. Dotted lines show price target based on diamond. /CL did the same thing earlier this month which made for a nice low risk/tight stop trade.
Yes, odd. TradingView indicates earnings
NCTY - gapped up above the 9, 20 and 50 ...
Posted by rjdst on 25th of Aug 2021 at 12:31 pm
Yes, odd. TradingView indicates earnings on 9/1, but when clicking the link it says 8/25. CNBC reports that " NCTYreported 2nd qtr 2012 earnings of $-0.76per share on 8/23/12. This missedthe $-0.36 consensus of the 2 analysts covering the company."
NCTY - solid follow through
NCTY - gapped up above the 9, 20 and 50 ...
Posted by rjdst on 25th of Aug 2021 at 12:13 pm
NCTY - solid follow through after pulling back to the middle BB. Bullish look if market holds up. Earnings on Sept 1.
NM - fyi, earnings tomorrow.
NM
Posted by rjdst on 25th of Aug 2021 at 11:16 am
NM - fyi, earnings tomorrow.
IPAY - nice coil. 3
Posted by rjdst on 24th of Aug 2021 at 05:54 pm
IPAY - nice coil. 3 strong up days. Will see if it pulls back first or powers up through resistance.
NCTY - gapped up above
Posted by rjdst on 20th of Aug 2021 at 11:35 am
NCTY - gapped up above the 9, 20 and 50 on the open and now consolidating intraday. Big mover.
NVDA - looking interesting here.
Posted by rjdst on 20th of Aug 2021 at 10:03 am
NVDA - looking interesting here. High volume yesterday, though indecisive candle.
Yep, good week for DUG,
XLE Views
Posted by rjdst on 19th of Aug 2021 at 03:40 pm
Yep, good week for DUG, DRIP & ERY. Got stopped out during that strong bounce after the breakdown out of the diamond, but re-entered when /CL approached the BO point. I was a bit cautious as the 9 was poking above the 20, so positions aren't full size, but still a nice trade. Trimmed up as we neared previous support but still have a little to run, looking for a return to the $61.50 area and/or the 200MA.
I follow /NG, mostly playing
For those of you following natgas. I drew in a ...
Posted by rjdst on 19th of Aug 2021 at 11:48 am
I follow /NG, mostly playing through UNG. But on the futures chart, I drew a diamond reversal (different location than your diamond) with a pattern target of ~$3.50. Price is currently around the 50MA, so first need to see if that holds or gives way. Similar looking pattern on UNG (not shown).
Div Adjustments - rule of
XLU - weekly chart. Breaking above long-term resistance.
Posted by rjdst on 11th of Aug 2021 at 03:01 pm
Div Adjustments - rule of thumb? I usually use unadjusted prices for short-term charting and adjusted prices for longer term. Just gut sensibility. Does anyone have a good rule of thumb or data-driven guidance for when to use adjusted prices? It does make a difference where trend lines get drawn and could lead to ambiguity about whether something is breaking out or not. TIA.
XLU - weekly chart. Breaking
Posted by rjdst on 11th of Aug 2021 at 02:41 pm
XLU - weekly chart. Breaking above long-term resistance.
NCTY - from earlier watchlists.
Posted by rjdst on 9th of Aug 2021 at 12:06 pm
NCTY - from earlier watchlists. Breaking out of nice long basing pattern. 25% move today so wouldn't chase it, but looks good long-term and maybe some options near-term could be a good way to play it.
My best trades over the past few months have been looking for good swing setups where the 9 is about to cross up over the 20 or 50, or both. The more they're bunched, the larger the initial move generally. They've been providing a higher probability opportunity to get a sizable pop and then trim for a swing run.
ENPH - arun posted this
Posted by rjdst on 9th of Aug 2021 at 11:52 am
ENPH - arun posted this last week as it approached its upper consolidation trendline. Pulled back to the middle BB and found buyers there. Looking interesting for a BO w/ stop below the middle BB.
SQ looks hip. Poking out
Posted by rjdst on 5th of Aug 2021 at 11:45 am
SQ looks hip. Poking out of its consolidation channel that dates back to last March.
ARKK... Cathy's ARK stocks are
Posted by rjdst on 5th of Aug 2021 at 10:41 am
ARKK... Cathy's ARK stocks are looking interesting. Picked up some ARKK this morning. ARKF fintech looking interesting here as well.