Comments on: Technical Analysis & Trade Ideas 1-18-23 https://rightsideofthechart.com/technical-analysis-trade-ideas-1-18-23/ Stock Trading, Investing & Market Analysis Thu, 19 Jan 2023 02:41:30 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: thebeagle55 https://rightsideofthechart.com/technical-analysis-trade-ideas-1-18-23/#comment-25996 Thu, 19 Jan 2023 02:41:30 +0000 https://rightsideofthechart.com/?p=210279#comment-25996 In reply to HermonMunster.

nice catch on the ccl resistance

]]> By: HermonMunster https://rightsideofthechart.com/technical-analysis-trade-ideas-1-18-23/#comment-25994 Wed, 18 Jan 2023 21:19:14 +0000 https://rightsideofthechart.com/?p=210279#comment-25994 In reply to thebeagle55.

lol, yea, chart gets pretty busy.

I found out how to turn off all my old trendlines.
the one in this chart goes back to spring 2020. The price passed the 200ma, touched the trend line, and was overbought. In addition the stock hit a new short term high 13 days in a row (extremely rare). Those factors gave me confidence to short.

https://i.imgur.com/YxJrYft.jpg

For JO (coffee) there is a trendline that goes back to 2018 that was hit while a divergence low existed. It may have room to run but I’m thinking today’s pullback might be something bigger and decided to lock in my gains.

https://i.imgur.com/UgQghZS.jpg

]]> By: thebeagle55 https://rightsideofthechart.com/technical-analysis-trade-ideas-1-18-23/#comment-25993 Wed, 18 Jan 2023 20:15:12 +0000 https://rightsideofthechart.com/?p=210279#comment-25993 In reply to HermonMunster.

nice laser show

]]> By: HermonMunster https://rightsideofthechart.com/technical-analysis-trade-ideas-1-18-23/#comment-25992 Wed, 18 Jan 2023 19:54:41 +0000 https://rightsideofthechart.com/?p=210279#comment-25992 Closed out JO today for a ~6% gain. Bought because of the divergent low on 1/11. Today’s market action made me tighten stops.

https://i.imgur.com/BeHECeu.jpg

Shorted CCL close to the open today. I wanted to short yesterday but I started looking at the charts too late. Set an alarm for my trendline at 11. It was hit and I took the short.up 5% today.

https://i.imgur.com/yJ9sPW2.jpg

]]> By: Heinz https://rightsideofthechart.com/technical-analysis-trade-ideas-1-18-23/#comment-25991 Wed, 18 Jan 2023 19:34:50 +0000 https://rightsideofthechart.com/?p=210279#comment-25991 Speaking of NG can we get an update of the widow maker when have a chance?

]]> By: herreradamian54 https://rightsideofthechart.com/technical-analysis-trade-ideas-1-18-23/#comment-25989 Wed, 18 Jan 2023 19:11:57 +0000 https://rightsideofthechart.com/?p=210279#comment-25989 ford was always good for a steady stock for dividends

]]> By: herreradamian54 https://rightsideofthechart.com/technical-analysis-trade-ideas-1-18-23/#comment-25988 Wed, 18 Jan 2023 19:05:17 +0000 https://rightsideofthechart.com/?p=210279#comment-25988 WOOOOOOOO FORD!!

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