by adammesh | Aug 18, 2023 | News
Yesterday, we alerted readers of a trade idea that was developing on Netflix (NFLX), as the stock formed a head and shoulders pattern, alongside a market that was growing weaker and weaker. Well, today we have a very similar trade to highlight, which could have the...
by adammesh | Aug 17, 2023 | News
Once apart of the famed FANG stocks, Netflix (NFLX), is putting in one of the most common bearish chart patterns there is, a head and shoulders pattern. As you can see in the video below, this is one of the more clear cut patterns we have seen in recent memory. What...
by adammesh | Aug 16, 2023 | News
The more of these videos you watch, the more you should understand our approach to trading. It isn’t an overly complicated process, in fact, we pride ourselves on the simplicity of our trading. No excessive use of indicators where you’re not sure what they mean or how...
by adammesh | Aug 15, 2023 | News
As many of you may know if you have been following my breakdowns for some time, our key method of finding good trades is finding clear and straight forward setups, so we don’t have to be bogged down by a bevy of indicators. This simplicity makes executing on a trade...
by adammesh | Aug 11, 2023 | News
As the market continues to decline, it may be hard to imagine we are still in the midst of a bull market. However, our next trade idea on Disney (DIS) is a bullish one. If you take a look at the daily chart on DIS, you’ll notice a pattern. Do you see it? Before you go...
by adammesh | Aug 10, 2023 | News
There are plenty of those investors that assume the market is turning back over after its impressive run higher over the past several months. While there may be some truth to this after many stocks have fallen lower, along with Apple’s (AAPL) weaker-than-expected...
by adammesh | Aug 2, 2023 | News
Our stock today may sound very familiar, and that’s not only because it’s one of the more well-known stocks on the market today, but also because we talked about it pretty recently. When we last talked about Moderna (MRNA), we made note of the 115 level on the price...
by adammesh | Aug 1, 2023 | News
For the last couple months, Nvidia (NVDA) has been one of the best performing stocks in the market. However, despite this outperformance, the stock has found itself somewhat bound between a few levels of resistance and support, forming a wedge pattern in the process....
by adammesh | Jul 31, 2023 | News
Sooner or later, levels get broken. On our stock today, McDonald’s (MCD) there are two levels to be aware of. The first one is the level of support that has been forming around 290. This mark has stepped up to remain as support a couple different times in the recent...
by adammesh | Jul 28, 2023 | News
Abbott Laboratories (ABT) had a nice pop after announcing earnings, all the way up over that 115 mark of resistance. Since then, the stock has stumbled a bit, while buyers decide whether or not they want to step back in. The stock has now fallen to a support level...
