Updates on all Active Trade Ideas on RSOTC as well as a couple of the recently closed trades such as GDX. Playback speed can be increased in the settings to reduce the duration of the video. The following stocks/ETFs/ETNs are covered in this order: XLE, UGAZ, SPY, SOXX, JJG, DBA (unofficial long), IEF, GE, ENDP, [...]
This video highlights several trade ideas that may be added as official trades soon but also discusses my preference to "let the dust settle" before opening many new swing trade positions due to the increased volatility & intraday price swings that usually follow a sharp drop in the market. These swift & relatively large intraday [...]
The OSTK (Overstock.com) short trade has hit the final target, T2 at 48.90, for a gain of 43.8% in less than one month & will now be moved to the Completed Trades archives. Previous & updated 60-minute charts below: click on first chart to expand, then click on the right of each expanded [...]
The OSTK (Overstock.com) active short trade hit the first target, T1 at 61.70, today for a gain of 29.1% in just 4 weeks since entry. The entry on OSTK was posted at 87.00 on January 8th, the very day the stock peaked & a mere 3% off the highs that day. The stock continued to [...]
The video provides an update on all six of the official active trade ideas on Right Side Of The Chart at this time. Covered in the following order are: CORN, D, ENDP, ITB, OSTK, SOXX & XLE.
OSTK (Overstock.com), which is the only official Active Short Trade right now, is currently testing the 78ish support level which is also the bottom of this descending triangle pattern (yellow lines). An impulsive break below that level would likely bring the stock down to the 70.80ish support, where a reaction is likely, followed by another [...]
The following notes & charts outline the entry criterion, price targets, suggested stop & beta-adjusted position size for a swing trade in OSTK, Overstock.com