by adammesh | Jul 20, 2023 | News
Our last trade was a bearish call on a healthcare stock, which is a great lead in to our trade idea for today, Thursday, July 20, 2023. UnitedHealth Group (UNH), recently made a massive move on the back of an earnings report that Wall Street seemed to really like....
by adammesh | Jul 19, 2023 | News
In a market that seemingly won’t be stopped on its way higher, we managed to find a bearish play. Illumina (ILMN) has been bouncing along a support level of around 180 for quite some time before breaking below it very briefly. This trade is another very straight...
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...