by adammesh | Jan 26, 2023 | News
Today’s stock is a great example of when a former resistance level is broken, and then becomes the next level of support. This idea of resistance turned support means that a previous level of resistance is broken as the stock rallies up through that price, but then...
by adammesh | Jan 24, 2023 | News
Snowflake (SNOW) is a cloud computing–based data cloud company based in Bozeman, Montana. It was founded in July 2012 and was publicly launched in October 2014 after two years in stealth mode. The firm offers a cloud-based data storage and analytics service, generally...
by adammesh | Jan 23, 2023 | News
With all the strength in the energy sector, today’s trade breakdown is an interesting one. Despite this strength, Enphase (ENPH) has diverged from this path and as you can see, struggled over the past month or so. The recent rally in the overall market may have caused...
by adammesh | Jan 19, 2023 | News
If you have been following these video breakdowns, you have probably figured out a trend in how we find our trades. Our trading philosophy centers around an idea you probably heard when you were in school as a kid, and that idea is K.I.S.S., otherwise known as Keep It...
by adammesh | Jan 18, 2023 | News
One of our favorite stocks to trade within the The Profit Machine trading community also happens to be one of the most popular stocks to trade generally speaking. The subject of today’s video is the electric vehicle powerhouse, Tesla Motors (TSLA). The stock has had a...
by adammesh | Jan 17, 2023 | News
The market has pushed higher and higher over the last couple weeks even in the face of all the bleak predictions for 2023. This rally has been welcomed news for many investors and traders, as well as stocks such as the subject of Today’s Big Stock. Goldman Sachs (GS)...
by adammesh | Jan 16, 2023 | News
It’s no secret that healthcare has been one of the best performing sectors of the market. As such, there’s plenty of opportunity to make that next big trade. This brings us to our next trade idea, and it come from of one of the most popular names out there, Moderna...
by adammesh | Jan 12, 2023 | News
The setup we examine in the video below comes curtsey of a little Canadian multinational e-commerce company, known as Shopify. Over the past several weeks, the stock’s price has been pretty indecisive on where it wants to go, oscillating in between two major levels....
by adammesh | Jan 11, 2023 | News
Today’s big stock is another one that many traders and investors know very well. Popular streaming platform, Netflix (NFLX), captures a lot of attention from traders as it is a highly traded stock, which means it has good liquidity. When trading, you want stocks that...
by adammesh | Jan 10, 2023 | News
This trade idea is a short and sweet one, and it all comes down to price. NetEase (NTES) is setting two major price levels all traders should be keeping an eye on. These levels can help us gain some insight into where the stock may go next and give us some clarity on...
