Just a few ideas this week, don't want to clutter things up. 4
different patterns i like, which is cool! JPM: breakout and
ascending triangle, bigggg level, stronger chart than XLF or SPY,
tenth time its been at this area, but XLF, SPY nearing a
curling 20ma, how will it act? Looks higher. STNG, strong
chart, W pattern, 3 types of support, enter over doji bar, or over
the little hump above. Stop below this current bar. ACAD little buy
setup near 20ma and prior pivot, stop under 20ma safest. M is an
interesting 3 bar play, just post earnings so maybe gets some
attention for a bit. I like the tiny bar after the big move,
back into it's larger pattern as well. A move over the wide range
bar would break a pivot. Enter over wide bar, stop below narrow
bar, price breaks below narrow bar first, it comes off list.
Thoughts welcome!
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Just a few ideas this
Posted by buddha on 5th of Mar 2023 at 04:51 pm
Just a few ideas this week, don't want to clutter things up. 4 different patterns i like, which is cool! JPM: breakout and ascending triangle, bigggg level, stronger chart than XLF or SPY, tenth time its been at this area, but XLF, SPY nearing a curling 20ma, how will it act? Looks higher. STNG, strong chart, W pattern, 3 types of support, enter over doji bar, or over the little hump above. Stop below this current bar. ACAD little buy setup near 20ma and prior pivot, stop under 20ma safest. M is an interesting 3 bar play, just post earnings so maybe gets some attention for a bit. I like the tiny bar after the big move, back into it's larger pattern as well. A move over the wide range bar would break a pivot. Enter over wide bar, stop below narrow bar, price breaks below narrow bar first, it comes off list. Thoughts welcome!