by adammesh | May 15, 2023 | News
As a continuation from Friday’s video, we wanted to expand on our trade idea from that day. In our last video, we had pointed out the two clear trend lines on the stock that are pretty evenly split when it comes to which could be tested. This has given traders two...
by adammesh | May 11, 2023 | News
It’s Friday and because it’s Friday, figured why not provide you with a no nonsense trade, curtesy of Alibaba (BABA). While the setup up may be straight forward, the trade is not. However, in this case the trade takes a back seat to the setup. As you can see by the...
by adammesh | May 10, 2023 | News
Stocks surged on the back of the news that CPI came in at 4.9%, its lowest level in two years, giving the market a second wind to perhaps finally breakout of the consolidation are we found ourselves in. As of now, this news has been seen as extremely bullish, however,...
by adammesh | May 9, 2023 | News
All eyes are still fixed on the banking industry as more banks decline or climb in the wake of more failures. However, the bank at the focus of today’s stock pick is not one of those that is in danger of collapsing, at least not yet that we know of. M&T Bank...
by adammesh | May 8, 2023 | News
Despite a massive surge in price starting last summer, Wynn Resorts (WYNN) looks to be developing a bearish pattern that could signal the end of this rally. Coming out of the pandemic, casinos began to make a speedy recovery as customers returned to the hotel and...
