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Trade Ideas part 1 (video)

This video covers the charts of about half the stocks currently on my watch-list as potential long and short trading opportunities. The video begins very brief overview of the broad market as well as the breakout above the triangle pattern that was highlighted yesterday on the USO 60-minute chart. Following the USO commentary, the following [...]

BITA Trade Setup

A few things stand out on BITA (Bitauto Holdings Ltd): A potential H&S bottoming pattern (purple), the key downtrend line resistance just overhead as well a the recent divergent low. BITA will trigger a long entry on a break above 30.22 (the top of the resistance (R) zone) with a suggested stop below 25.70. Props [...]

Apr 14, 2016 11:40am|Categories: Uncategorized|Tags: |3 Comments