Resistance broken with a gap # 4I give importance to two things * First: Weekly Charts * Second: the years that it took the price to broke the resistance (4 Years and 6 months) And to this I add the way that the price broke the resistance line (an overnight Gap) Not visible from the weekly chart but represented by a big green candle (red circle) This idea meets this requirements: Resistance breakout + price pullback or retracement + swing low + resistance now becomes support Deliberate practice eliminate overthink Not spend too much time watching the same chart and rationalizing as an engineer because there is no math to get you out of having to experience uncertainty Train your eyes Longby Alex_Quiroga6
Bullish Breakout above $270 resistanceStrong relative strength in a sector that's got strong relative strength, primed for a bullish breakout to the upside. Targets $300 resistance level which is the 52-week high. Use options to play bullish breakouts to leverage your trade while limiting your risk. Example: Apr 20 270/300 Call VerticalLongby OptionsPlay2
Congrats To Subscribers. $GWW Pops 17% In Our Favor!OOPS! :) While I am stopped out at a 1 cent gain! $STUDY #stocks #trading $XLI Longby mastercharts2
New Long Position: GWWNew position today. Buying at the breakout levels above my custom Blue Indicator line -Alex Longby mastercharts1
#Grainger - Watch for a breakout above this level ..to confirm bullish turn. #stocks #dividend #aristocrats #trading #investing $XLI by mastercharts0
GWW at interesting levelGWW closed right in between 20 and 50 SMA on the daily chart. They will report earnings next week, and they just come out of a pretty bad downtrend due to the lack of results on the last call. I would be cautious about this one. Trade with confidence.by frunch_rosco1237
GWW - Fallen angel formation from $185.73 to $199.83GWW looks very good long setup as it forms perfect fallen angel formation with Moneyflow divergence. Moneyflow also rising steadily & recently turned to positive. We think it has good upside potential. * Trade Criteria * Date First Found- July 5, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $185.73 Exit Target Criteria- $199.83 Stop Loss Criteria- $179.83 Please check back for Trade updates. (Note: Trade update is little delayed here.)Longby AcornWealthCorp4
GWW - What Is Going on?GWW looks interesting for a long trade, but would need to do more research of both fundamentals and technicals, before investing in company. Things on chart: 1) Dividends checks, per history, are given every with three months, last one was 2/9/17. This month (soon) looks like a new one!! 2) Dividends are 1.22 per share of late 3) Big question is: why is GWW falling so fast, since February? 4) Price Action is making a double bottom (look left) 5) RSI (momentum indicator on bottom) is under 30, way oversold Will be looking at day and hourly charts, to look for long option trading opportunities with this stock. Please, understand the reasons why things on any chart are not NORMAL, from price action. You do not want to jump into a call option or buy this stock, unless you are satisfied with your reasons WHY to do that.Longby Anbat4
Low Volume Stock That may enter long sustained downtrendIf it does not hold for the week $190 next support which itself is minor compared 190 which seems being violated is $172. Real-time alerts www.2waytrading.comby Xafada0