by adammesh | Jul 18, 2023 | News
Today our stock in focus is Lam Research Corp. (LRCX), which looks like it wants to move higher. If we could get a slight pullback to the 650, then this could set us up for the best risk/reward on the trade. The market has a somewhat sluggish start to the morning,...
by adammesh | Jul 17, 2023 | News
While the market may still be in an uptrend and look quite bullish, there is still room for the occasional pullback. For Amazon (AMZN), this area for a pullback may be imminent. Currently, if you look at the daily chart on AMZN, you see two signs that a pullback may...
by adammesh | Jul 14, 2023 | News
The last time we discussed a trade on Roblox (RBLX), we broke down exactly what support resistance are and how to use them in order to make a higher probability trade. Now, we have the opportunity to take what we have learned and apply it to the very same stock, let’s...
by adammesh | Jul 13, 2023 | News
After a bullish day in the market yesterday, the next trade on our watch looks very promising. Roku (ROKU) has just broken above a key level and is currently holding just above the 75 level resistance. This is setting us up with another textbook bullish play. Does...
by adammesh | Jul 12, 2023 | News
Depending on how you like the market in light of the surge that took place after CPI came in at 3% vs the expected 3.1%, our latest trade idea on Micron (MU) could be setting up to be a big winner. After climbing from the upper 40s to now well into the 60s, MU may...