Help placing stop on BBAI. I bought at 3.05, despite minor reservations on chasing.
Based on what I've learned, it seems stop options would be:
a) Just below the daily 9 EMA, say 2.11
b) Last low (from a range) at 1.83
c) Second to last low (and recent multi-month bottom) at 1.51

Any thoughts much appreciated!

(I'm forming the habit of placing stops immediately and not yet used to playing breakouts like this)

Is there enough of a MACD kiss on these for a valid trigger? I mean, a couple of those setups are not even air kisses.

Love the clarity

Thanks mastermind!

From where to you get these numbers? (Sorry to be so basic!)

I'm guessing these are intra-day advance decline counts on some index. Can't find a source for this on Matt's tool page (https://breakpointtrades.com/market_analysis/legacy/?nl_id=3995). Googlin' "advance decline" and "market breadth" just gets me charts. Argh.

retirefire, I think Steve was conveying this wave count view. I might be wrong, in which case I'll hopefully be corrected. :-)

Thanks Steve! Appreciate the input from you and Junkie on this wild ride downward. Took the money and ran. I am reminded that I can always get back short on Monday (downward gaps be damned).

Thanks!

Symmetry target on the 15 would be about 3902 (speaking of symmetries). I'm trying to decide how many shorts to hold over the weekend with such a strong bearish case at this point.

H&S on the 3

Thanks for posting this, Matt, but I can't see where either of the PMOBUYALL buy criteria has been met. What buy signal are you referring to?

How did the systems do today?

Do you mean NOT GOOD, as in not good for shorting NVDA here? (Referencing the trade idea from last night)

You wanted to see it push up a bit, but maybe this huge gap up negates the the short setup?

Thanks! Had to sign up for the TradingView trial to get this to work, but that's ok. Maybe I should be using TV (in addition to the stockchart membership, and thinkorswim)

Hey Digi, how do you see "A's" on your own charts? What service do you use? I thought those annotations were just part of Matt's scripts. Also, I'm in Colorado too, and snowboarding today is indeed pretty tempting. :-)

Thanks junkie! Very helpful. 

So unless I hear otherwise, I'll just assume my guesses on howthese Keltner Channels are used / implied in the KISS tables and in the 4 cycles are correct.

Keltner Channels: So I knew about Bollinger Bands and how to use them, but today I learned Keltner Channels are similar but use ATRs rather than standard deviation. (Thanks for the pointer junkie!)

The middle line is an EMA of price, upper and lower lines are usually twice the ATR. Got it.

So then extrapolating from this, I'll make some guesses:

a) The 4 cycles charts only ever show either the upper or lower Keltner Channel band, whichever is farther from price.

b) The middle line (EMA) of the channel is never shown.

c) On the new KISS tables, the column "ATR Position" indicates whether the price is above or below the middle line of the implied Keltner Channel (neither of which are shown on the chart).

Ok, please grade my paper someone. How did I do? :-)

(And thank you for your patience!)

Noob questions on ATR use in KISS and cycles:  On the cycles charts that we see in the newsletters (daily, 195m, 130m, 60m), I understand that the dotted lines are the "cycles" indicators, as Matt described well on an image in this post:

https://breakpointtrades.com/blog/post/387334/

But those solid lines. I've heard them called ATRs. So my understanding is that an Average True Range (ATR) is a numeric indicator of volatility (which is easily googled). But since it's just a number, how is ATR overlayed on those charts? And how should I use it in conjunction with the cycles indicators? (Stockcharts just shows ATR as a separate indicator, not an overlay).

And relatedly, on the new KISS tables, one column is "ATR Position", which can be "below" or "above". What does this mean? (ATR doesn't seem to be shown on those charts?) Any help is most appreciated!

Thanks Matt and junkie! 

The Nasdaq Highs-Lows ($HAHGH-$NALOW) has been positive for a whopping 13 days in a row. What do you guys think about this indicator now?

Background: As mentioned many times on BPT, throughout 2022 this indicator has correctly signaled market downturns when going positive (albeit sometimes delayed a few days). But it's never stayed positive for more than 4 days (which was the big August reversal). So is "energy building up" (or doesn't this indicator work that way)? Or maybe with the larger environment this indicator should no longer be interpreted as it was in 2022?

Your thoughts are most appreciated!

https://stockcharts.com/h-sc/ui?s=%24COMPQ&p=D&st=2021-04-01&id=p15542950148&a=1260176089&listNum=3