Therustyb

Therustyb

Held the 200. sell off was bought aggressively. Appears to be finishing an abc correction. bullish divergence. if it loses the 200 with volume im wrong

Therustyb

This is a no brainer. I've been legging into a large position LEAPS and lots and lots of physical shares. The longer we consolidate with low volume the better IMO. This thing will RIP just gotta have a little patience potentially. Mark it

Therustyb

caught the breakout yesterday and took profits at 9850. just jumped back in next target 10097. if closes below the trendline the pattern in invalid

Therustyb

Lots of upside potential. First upside target is $6.03 stop at $3.75

Therustyb

The last time we showed a divergence this significant was right before we sold off a few weeks ago. I'll be closing my longs into any strength and looking to go short if it starts to come down

Therustyb

Waiting for confirmation of rejection on monday. If it breaks above upside price target is 278.43 if stays below first downside target is 246.48 followed by previous lows in the 217 area. I'm all cash until i get some more definitive price action. keep stops tight this could really go either way. I can't see there being any sustained recovery until the good...

Therustyb

The trend is still intact and we has a breakout on the 15 min chart friday i will look for another entry monday, i have taken profits and let the RSI settle down 2x and reentered on the breakouts since my last post on this ticker. each move has been good for a couple bucks a share if you timed things correctly. I'm not sure if anyone is following these trades...

Therustyb

I initially got triggered short a few days back but i chose not to bite given the overall strength of the market and im glad i didnt. Yesterday we ripped through my upside alert and i entered a full sized options position. No spreads just long calls for the time being. I would have liked to have seen more breakout volume and am concerned about a head fake if...

Therustyb

Notice the higher high made in price action but significantly lower high on the RSI. Typically indicative of weakening. TTM squeeze is losing momentum to the downside, lower high on the MACD. from a technical standpoint things dont look good for mickey mouse and the gang. these are just my personal observations and should not be considered actionable trade...

Therustyb

as a general rule i try to stick with stocks that have a strong marketsmith rs rating. its gotten me into stocks like inmd early and allowed me to accumulate massive profits that i otherwise wouldn't have and helped me avoid many false breakouts. its really uncommon to see a penny stock with a rs rating which i would consider "good". with the exception of GLG...

Therustyb

TTM squeeze can be a leading indicator of an outsized move. There is little confluence in smaller or larger time frames to suggests which direction it might fire and the histogram is dead center so it could literally fire in either direction. Just have to set my alerts and see what happens. this is not investment advice do you own DD and wait for confirmation.

Therustyb

this is not investment advice just an observation, Firsrt the bull case. This scenario is dependent on broader market conditions. i may consider a long position if we get a 30 min close above $268.40. In my opinion that would be confirmation of a breakout of this little range its been trading in, as it would be a push beyond the major fib level shown in the...

Therustyb

this is not investment advice. just stricly an observation. i scalped this last week for a nice profit and it is setting up again. i will look for an entry on monday morning

Therustyb

As much as I hate the pot stocks. as much as i have lost in the past, i have learned a lot since then and I cant ignore this setup. With that being said it seems logical to me to respect the fact that the sector is beat down and hurting that got some decent news recently that may or may not come to fruition. However most of the other bigger name pot stocks seem...

Therustyb

theres still plenty of room for this to run if you arent already in imo. this is not financial advice. strictly for educational purposes. please do your own due diligence. give me a follow!

Therustyb

crossed the .236 yesterday, id like to see one more day of confirmation before entering a half sized position. please trade after doing your own dd. i am not a financial adviser and my ideas are strictly for educational purposes only. please leave me a like if you would like to see more analysis. i'm learning everyday and have been relatively successful...

Therustyb

lets see if this 200 ema holds. if it does ill wait for confirmation and take a 1/4 position long. if it breaks down below that will confirm a bump and rum reversal and will continue to a minimum 50% retracement of the initial move up. just watching for now. not a trade recommendation. strictly for educational purposes

Therustyb

i will likely add to a half position at the first pullback if theres continuation here today. lots of strength, solid earnings, and a unique business model and product in the real estate sector resistance at 40.00 upside potential 20%+ this is not a recommendation just an observation for educational purposes only. give me a like and a follow