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...
by adammesh | Feb 14, 2023 | News
Chinese stocks have been making a comeback this year, and this is no different for our stock for today’s Daily Smart Report. Baidu’s (BIDU) stock has been rising in a well defined channel for several weeks at this point. In addition to that, the stock has two key...
by adammesh | Feb 13, 2023 | News
The stock in focus today has been a well-established uptrend for quite sometime. However, now, the stock has pulled back a bit, but it has pulled back to a key support level. This means, market willing, Lam Research (LRCX) could very well be ready to head higher. Now,...
by adammesh | Feb 10, 2023 | News
Yesterday really put a damper on all the rally talk after a steep decline across the board. This is where our patience to jump into a trade pays off. Fighting off the temptation to take either bias, up or down, and letting things shake out. One stock that look...
by adammesh | Feb 9, 2023 | News
Caterpillar (CAT) is forming a negative momentum divergence, broke a key trend line of support, and now appears to be putting the finishing touches on a possible bearish head and shoulders pattern. If this pattern confirms then there could be a significant mover lower...
