by adammesh | Mar 2, 2023 | News
Looking at the chart of the stock on watch today and you might think it looked rather bullish, but not when you drill down and establish some important levels. As you’ll see in the video included here, the stock’s price has been generally moving upward in a pretty...
by adammesh | Mar 1, 2023 | News
A stock we highlighted not too long ago is again making its way on to our trading screens. After confirming its head and shoulders with the break below 90 support, PDD (PDD) rallied back up to hit 90 as resistance. This previous level of support has now turned...
by adammesh | Feb 28, 2023 | News
I often refer to the levels we map out on a stock’s chart as rungs on a ladder. These are the important prices for a stock that will either help it climb higher, or lower. They can offer us a bit of a road map on what prices to trade at, and more importantly, which...
by adammesh | Feb 27, 2023 | News
We are back for another week of trading and today we have another high probability setup we are looking at for a potential trade. Check out my video break down of the stock that is on our watchlist for today. Boeing (BA) broke its trend line support on route to...
by adammesh | Feb 24, 2023 | News
We haven’t talked about this stock in a long time, but this setup may be just too good to ignore. The beauty of this setup is not only its simplicity, but what it implies, a big move could be in store. The setup on Intel (INTC) is a clearly defined range between the...
by adammesh | Feb 23, 2023 | News
As we say time and time again, our trading strategy is all about keeping things simple. Spotting a chart pattern on a higher timeframe is about as simple as it gets. Why? Because when a large number of traders all see the same, prominent pattern on their screens, it...
by adammesh | Feb 22, 2023 | News
One of our most talked about and traded stocks has just given us yet another sign that it may be a stock in play again. Tesla (TSLA) has been giving us setup after setup lately, and today we may have another opportunity to trade this highly liquid stock. From where I...
by adammesh | Feb 21, 2023 | News
Trend is one of the most important concepts to learn when it comes to trading. Being able to spot trend and act on it to turn a profit is what this business is all about. Once you are able to properly identify which way price is moving, you can begin to see all the...
by adammesh | Feb 19, 2023 | News
The trade we have on watch today is a couple of old favorites, both the stock and the setup the stock is showing us. Tesla (TSLA) has formed a negative momentum divergence with its RSI (Relative Strength Index), which commonly leads to lower prices. There is a key...
by adammesh | Feb 15, 2023 | News
Our stock today, MicroStrategy (MSTR), looks to be currently in rally mode. Rising with the rest of the market but still lagging slightly, the stock has been building momentum to break through a very solid resistance level. As you will see in the video, today we want...