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DVMT tagged the lower trendline and I got an entry. Now to see if I can avoid getting stopped out :p   http://schrts.co/1FUkvp

I'm looking to see if

Posted by McFly1985 on 20th of Dec 2018 at 10:26 am

I'm looking to see if DVMT can tag that lower trendline one more time... Might provide a good entry.  http://schrts.co/B54cPt

Glad I sat today out.

Posted by McFly1985 on 19th of Dec 2018 at 02:20 pm

Glad I sat today out. I generally lose on Fed days, and today would have been no different. 

LULU once again looking like

Posted by McFly1985 on 18th of Dec 2018 at 12:12 pm

LULU once again looking like a lemon: http://schrts.co/Gn7oSt

Hey Matt. IBB finally lost

Posted by McFly1985 on 18th of Dec 2018 at 11:49 am

Hey Matt. IBB finally lost that support line: http://schrts.co/FNmSvu

I'm no wedge expert, but

Posted by McFly1985 on 18th of Dec 2018 at 11:46 am

I'm no wedge expert, but I came across 2 that don't look too bad today: AGN & EA. Feedback is welcomed, since I failed Wedges 101.

http://schrts.co/qD8AAB

http://schrts.co/NdEGrR

Just added MLCO to my

Posted by McFly1985 on 18th of Dec 2018 at 09:56 am

Just added MLCO to my short-term shorts list. http://schrts.co/CGEVxN

Thanks, Matt! I might just sit out tomorrow entirely, since I tend not to do well on Fed days. I might sit there with my finger on the buy trigger in case of no rate hike though. That sounds like a bit of fun.

AOS could be forming a

Posted by McFly1985 on 17th of Dec 2018 at 10:25 pm

AOS could be forming a double bottom at a long term trendline. Hourly chart is also showing positive developments. (Stockcharts links not working, so I'm posting charts only.) 

Here are a few short

Posted by McFly1985 on 17th of Dec 2018 at 08:57 pm

Here are a few short ideas. WARNING:  I'm with Matt in thinking that a bottom may be near. However, if you are a day trader and would like a few ideas that could move if we sell off again, then perhaps you'll find a few of these useful. I'm also in the habit of buying failed breakdowns above support when they don't follow through, since that has been happening a lot lately.  As such, trade at your own risk! My links aren't working for some reason, so here are just the charts:

Dell (DVMT) still looking good

Posted by McFly1985 on 17th of Dec 2018 at 08:37 pm

Dell (DVMT) still looking good here, especially considering bearish market action. Link won't work for some reason, but here's the chart. 

Here are a few short

Posted by McFly1985 on 16th of Dec 2018 at 02:30 pm

Here are a few short ideas (EFX, IBM, EDU) . I mostly post shorts these days simply because my watchlist is already full of longs, and I'm just trying to balance things out. Also, I generally view these as short-term trades, since the market can reverse at any point and put in a bottom (if it hasn't already done so). 2 charts in Matt's weekend newsletter also look like good shorts: IBB (under $100) and NFLX (under the small support line he drew.)

http://schrts.co/MMKeKY

http://schrts.co/gMwQCs

http://schrts.co/5Eysvs

I re-drew the trendlines on

Posted by McFly1985 on 14th of Dec 2018 at 10:01 am

I re-drew the trendlines on CCJ: http://schrts.co/phFpqb

A few (short-term) shorts that

Posted by McFly1985 on 14th of Dec 2018 at 01:52 am

A few (short-term) shorts that I'm watching in case the market dumps. Trade at your own risk: PTLA, CY, ODFL, SBRA

http://schrts.co/pqSCrP

http://schrts.co/5Jnz5k

http://schrts.co/EXotkC

http://schrts.co/5j1ahS

Looking at ALGN as a

Posted by McFly1985 on 13th of Dec 2018 at 09:31 pm

Looking at ALGN as a possible long if it can break through the upper trendline: http://schrts.co/ao87Nb

CCJ (Cameco Corp, Uranium miner)

Posted by McFly1985 on 12th of Dec 2018 at 10:35 pm

CCJ (Cameco Corp, Uranium miner) showing a tradeable pattern here: http://schrts.co/phFpqb

In case oil doesn't move

Posted by McFly1985 on 12th of Dec 2018 at 09:00 pm

In case oil doesn't move lower from here (chart looks like it might), Matt's NFX pick from a week or two ago has a nice, clean look to it: http://schrts.co/yPRmtq

A few (short-term) short ideas

Posted by McFly1985 on 12th of Dec 2018 at 08:16 pm

A few (short-term) short ideas in case the market decides to double dip: DXC, GD, MHK, VMC. I'm not seeing many obvious setups today.

http://schrts.co/NoSXbM

http://schrts.co/71zkK8

http://schrts.co/2huQPq

http://schrts.co/NwcD8z

I've had a bit of success lately in shorting failed breakouts and buying failed breakdowns. Sometimes when they go in the wrong direction, they really move. It might not help the overnight traders, but day traders might watch intraday charts for good setups in these types of opportunities.

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