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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 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 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 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 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.  

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.

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