Hey all, I'm currently positioning myself for the next leg lower in the stock market. I am very confident Morgan Stanley's chart has topped out for a while to come and presents a safe shorting opportunity, in my opinion. I am looking for an entry *slightly* higher than where it currently rests. May try to time shorts when SPY gets to high 410's.
Hey all, I've been journaling my short trades, and while I won't actually enter this play, I see short potential on Berkshire here. I think this trade works out well to the downside over the next few months- all upside PT's seem to have been hit.
Hey all, I'm looking to go in heavily short on the markets tomorrow as I believe the rally is on its last legs, and we are due for the next leg lower. GOOG recently missed the top & bottom line and looks to be making a bear flag below support. Assuming it is up tomorrow, I am likely going to short this name with hefty size. I expect it to see the low $90's...
Hey all, I'm sure some of you will call me crazy, but I am looking to short with decent size on AMZN tomorrow on the gap fill as they are likely going to see $140/share tomorrow off of their earnings report. I have a very loose stop-loss on this trade as I am extremely confident this thing will, at least, revisit $103 to the downside. In my eyes, it is recreating...
Hey all, as I am incredibly bearish on semiconductors, I look to the names for potential short opportunities. I don't believe AMD will breach $100, and I am currently waiting on the gap to fill before entering short. I am extremely confident this stock will revisit $72/share in the coming few months.
Hey all, I've been calling for and playing a rally these last few weeks, and the rally has occurred. I am now looking to exit the last of my longs, and use my cash reserves to enter short with heavy size tomorrow, 7/29. I think one would be incredibly hard-pressed trying to find more than one sector that they reasonably can argue will be up over the next two...
Hey all, I've been calling for and playing a rally these last few weeks, and the rally has occurred. I am now looking to exit the last of my longs, and use my cash reserves to enter short with heavy size tomorrow, 7/29. I think one would be incredibly hard-pressed trying to find more than one sector that they reasonably can argue will be up over the next two...
Hey all, I've been calling for a rally these last few weeks, and the rally has occurred; I am now looking to enter short with heavy size tomorrow, 7/29. SMH is my favorite ETF in terms of shorting opportunity- it has made a very clean Wyckoff distribution at the top, and has very little support on the way down. I am incredibly bearish on semiconductors here-I...
Hey all, I've been calling for a rally these last few weeks, and the rally has occurred. I am now looking to enter short with heavy size tomorrow, 7/29. AMAT is one of my favorite shorts- it has made a very clean Wyckoff distribution at the top, and has virtually no support until $70. I am incredibly bearish on semiconductors here, and AMAT is my favorite of the...
Hey all, I've been calling for a rally these last few weeks, and the rally has occurred. I am now looking to enter short with heavy size tomorrow, 7/29. DE is one of my favorite shorts- it has made a setup very similar to the ones it made in 2000 and 2008(Wyckoff distribution at the top), respectively, and has virtually no support until the high 170's. This thing...
Hey all, I'm not playing this, but I see a potential long setup on this SPY pullback here. SL and PT articulated.
Hey all, I'm feeling a bullish bounce soon on semiconductors. This is a paper trade, I'm not actually taking it.
Hey all, I see ARKK is at support, and is wicking below. I took a long position with SL articulated. As with many of the other positions I just took, I am likely to stop out on price action instead of a hard SL.
AMZN just held a significant support lvl. Looks to be headed back up from here. Comfortable holding into early next week, and will likely stop out on price action instead of a hard SL as illustrated.
This thing is a monster. Today feels like a consolidation before face ripping next week. I have a SL articulated, but will probably stop out on bearish price action more so than any single level.
Hey all, I just entered a swing long position NVDA. PT and SL laid out; I think this works early next week.
I am playing AMD long rn on this dip. I think it fills the gap early next week.
Hey all, I wanted to share the fact that IWM literally looks 1 for 1 with its March setup before the rally eventually faded and it made its next leg lower. I've been comparing this rally to March- even prior to the rally actualizing this week- and IWM is likely setting up in virtually the same way before its next leg lower. I think the market will be higher next...