+-*CCU (Companias Cervecerias) has hit the third price target, T3 at 22.39, for a 14.2% gain in just under 13 trading sessions on a near-vertical rip following the March 24th breakout/entry. Depending on your trading plan, consider booking partial or full profits and/or raising stops [continue reading…]
+-*I plan on starting an open comment section and possibly a trader’s forum on the site soon but until those features are rolled out, I like to pass along some of the replies to questions received via the contact form (located under the resources tab). [continue reading…]
+-*PWE (Penn West Petroleum Ltd) will be added as both an Active Long Trade (i.e.- swing trade) as well as a Long-Term Trade idea with the current final target, T3, at 2.52 & the potential for the final target on the Long-term Trade to be [continue reading…]
+-*The previously discussed short-term trend indicators on the QQQ 15-min chart continue to remain bullish since Monday’s S/T buy signals. Awaiting zero line crosses on both + break below uptrend for next sell signal, which is likely to come as soon as today or tomorrow. [continue reading…]
+-*The REMX (Rare Earths Strategic Metals ETF) hit the first price target (T1) for a 5.3% gain since the Feb 17th entry. The Rare Earth stocks still look poised for significant gains in the coming months and many of the individual names that were covered [continue reading…]
+-*TWM (2x short Russell 2000 Index) & TZA (3x short small caps) will be added as Active Short Trades here at the bottom of this descending triangle pattern on TWM. TWM is my preferred vehicle for the second price target, T2 at 38.42 while the [continue reading…]
+-*This video begins with a discussion of various trend indicators for the US equity markets followed by an overview of the technical posture of several major US indices including the S&P 500, Nasdaq, and Russell 2000 small cap index.