Lanmar

Lanmar Updated 

Tight above the 200dma + 1 year trendline / diagonal inverted H&S

Lanmar Updated 

Want to know what a parabolic pattern looks like? Here it is. NET (on the RIGHT) is testing the trend line it broke in June on its daily time frame. Quidel corp did the same on the quarterly time frame. Bitcoin did this too before going parabolic. Quick disclaimer: This does not mean they all do

Lanmar

Chart above is the monthly time frame of the Hang Seng. It's hard to make this type of analysis actionable, but if this trendline has any meaning, it suggests structural issues that won't end anytime soon... wild times.

Lanmar Updated 

Uranium futures are now tightening at the 21 MONTHLY moving average, above the 50 month moving average, and retesting the lows of 2014 and the highs of 2019. This is the type of signal I've been waiting for to pull the trigger. Here's an example of a small cap uranium miner I like: John Quakes is a great guy to follow on Twitter if you want to learn more...

Lanmar Updated 

Natural gas hit the demand curve four times in the last 14 year. The average percentage gain from the lows of the curve to the highs exceeds 200%. This is the fifth time hitting the curve. If the lows hold, we could see a similar violent reversal off the curve.

Lanmar

High relative strength, new highs, and breaking out on a weekly time frame. Not many stocks could make the same claim today... institutions need to put money to work. They can't just sit in cash - many are mandated to have exposure. I've heard stories of some not being allowed to have a 10% cash position. So where do they put their money? Hopefully in strength....

Lanmar

Something I longed today that isn't commodity related Base on base action and high relative strength. Exactly what you want to see in a market like this

Lanmar

FCX is going to be a major beneficiary with copper breaking out (see below). This is arguably a near 15 year base it's breaking out from. Very meaningful price action here...

Lanmar

Copper's been trading tightly above the 50d/200dsma and is joining the commodities boom seen in agriculture and energy Here's a view of the weekly chart with the 50 week moving average. That tightness in price action is exactly what you want to see before a major move higher. Measured target is at least mid 5s

Lanmar

Maxar's customers: Our solutions serve dozens of industries worldwide, from telecommunications and mapping to defense and intelligence. Maxar is the indispensable mission partner of the U.S. Government, providing satellite imagery and expert intelligence, plus spacecraft and robotics for space exploration, research and national security. You could take a...

Lanmar

Lockheed Martin is organized around four core business areas.. Aeronautics, missiles and fire control, rotary / mission systems, and space. With geopolitical volatility firing up, this stock should continue to do well and potentially break out here. On a longer term scale (3 month candles) we're already seeing capital flight into the stock this quarter as it's...

Lanmar

Not easy to find base patterns out there but CME is one of them. On the weekly time frame we have a multi-year base with a head and shoulders formation, followed by a breakout over a 12 week base. Zooming in on the daily frame there's a few ways to manage the trade if getting long. - Short term you'd want that 21ema to hold - Longer term position trade you'd...

Lanmar

In 1987 Paul Tudor Jones and Peter Borish looked at a chart of the Dow Jones from 1929 and compared the price action to what they were seeing in the markets at the time. The Tudor Futures Fund made 62 percent in the month of the crash, October 1987. From the documentary "Trader" (which you might find on YouTube), Jones said, “our analog model to 1929 had the...

Lanmar Updated 

Some basic rules I have for shorting: Must be below all key moving averages on the daily time frame - 10d/20d/50d/200dma Broke down from a stage 3 top or in a stage 4 decline Basing period / consolidation - the longer the better Low relative strength rating (not RSI - people mistake the two) Group/industry must be weak on a relative basis Ideally earnings and...

Lanmar Updated 

Struggled all of 2021 to breakout and gave enough clues that there's not enough demand at these levels and too much supply AMZN is below the 50d/200d moving averages and broke critical support yesterday after FOMC. Everyone's been waiting for a breakout higher (including myself) but the evidence strongly suggests the breakout will be to the downside from here

Lanmar Updated 

We've been in an unhealthy market for tech/growth stocks, so it's fascinating to see that the Nasdaq is still holding just fine on a larger time frame based on a simple trending tool - the 21 week moving average. Today's action is going to be key since it's a Friday - will we close below?... or hold like EVERY OTHER FRIDAY since the Covid lows . No matter how...

Lanmar

Going into year-end ETH is trading inside a range - the 50day moving average and the 150 day moving average. Having this chart as a guide takes a lot of the guess work away for me. Key takeaways: - It's in a holding pattern similar to the other red circled time periods. - We want to see the 150dma continue to support price, but to get really bullish we need...

Lanmar

A lot of confluence here on ENPH, a leader in the solar energy group: - Trend line retest - Bounce off the 200dma - Gap filled and bullish engulfing on the daily - Horizontal support tagged Watch for a base to build as it tries to clear overhead resistance that's still ahead - on the daily it's still below the 10,20,50 moving averages, so it's likely to remain...