Giving credit to Real Life Trading with the 'one-white-soldier' candle pattern it might not be showing a high amount of power but it surely seems to be there and at a bottom of this ticker's burn. Take $CRUS bullish?
Long > 58 Stop - 57.55 Target - 60
This is a breakout and has formed a long base, it is important to see if volume will be above average however if a true breakout it should stay above the breakout level so use caution but could move well from here
On the left spotted ultra high volume bar, distribution started here from big money. The stock came back to the same area and volume is drying dramatically. creating high chance for short trade. Entry on Monday open price Stop loss = 38.39 Profit target 1 = 35.23 The plan : At profit target 1 exit half of the position . and profit target 2 will be...
Can not afford a bad report next week or its toast with this H&S setup. Jan 21C active today
Cirrus Logic is trading 12% lower today on what was apparently excellent earnings. They beat estimates by .24 or around 30%. Last earnings gap down was almost immediately bought. Two ways to play: First Way: When price breaks below today (10/30) low, put in a buy stop at the low price. That way if it continues to break down you don't take a position and if it...
looks like price is sitting at a very strong resistance level today. price will probably range between support and resistance before it will break through. I dont have a position in this, but may add one on any touches on support or the 20MA.