by adammesh | May 19, 2023 | News
Despite the market ripping higher over the last week, we have managed to find one stock that lost its invitation in the mail. The chart for Hims & Hers Health (HIMS) had formed two major trend lines and the one it decide to break was that of the lower bound...
by adammesh | May 18, 2023 | News
The market seems to be on the move higher after a strong move on Wednesday that was really lead by the tech sector. Names like Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), and our stock that is in focus today, Google (GOOGL). This rally looks to have some legs that...
by adammesh | May 17, 2023 | News
One of our main goals with these video walkthroughs, and indeed, our strategy of trading is to demystify the world of options trading. You’ve probably heard it all. Options trading is impossible to be profitable in, its not a viable means to make money, so on and so...
by adammesh | May 16, 2023 | News
Of all the stocks on the move this week, one stock in particular made what we saw as a very meaningful move to the upside. Applied Materials (AMAT) is the stock in focus today for the bullish move to the upside made to start this week. The area to watch was and still...
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...
by adammesh | May 5, 2023 | News
As we always say, trading is mostly about keeping it simple. Not confusing yourself with a multitude of different indicators or a complex strategy that’s difficult to replicate day in and day out. That’t exactly why my students and I stick to the basics when it comes...
