by adammesh | Jul 18, 2023 | News
Today our stock in focus is Lam Research Corp. (LRCX), which looks like it wants to move higher. If we could get a slight pullback to the 650, then this could set us up for the best risk/reward on the trade. The market has a somewhat sluggish start to the morning,...
by adammesh | Jul 17, 2023 | News
While the market may still be in an uptrend and look quite bullish, there is still room for the occasional pullback. For Amazon (AMZN), this area for a pullback may be imminent. Currently, if you look at the daily chart on AMZN, you see two signs that a pullback may...
by adammesh | Jul 14, 2023 | News
The last time we discussed a trade on Roblox (RBLX), we broke down exactly what support resistance are and how to use them in order to make a higher probability trade. Now, we have the opportunity to take what we have learned and apply it to the very same stock, let’s...
by adammesh | Jul 13, 2023 | News
After a bullish day in the market yesterday, the next trade on our watch looks very promising. Roku (ROKU) has just broken above a key level and is currently holding just above the 75 level resistance. This is setting us up with another textbook bullish play. Does...
by adammesh | Jul 12, 2023 | News
Depending on how you like the market in light of the surge that took place after CPI came in at 3% vs the expected 3.1%, our latest trade idea on Micron (MU) could be setting up to be a big winner. After climbing from the upper 40s to now well into the 60s, MU may...
by adammesh | Jul 11, 2023 | News
As I often tell my students, levels or support and resistances are made to be broken. Which may be the case for MicroStrategy (MSTR) as it approaches an upper channel resistance level on the daily timeframe. As you see by the channel I have drawn out on my ToS screen...
by adammesh | Jul 10, 2023 | News
Hands down, one of the strongest stocks in the market right now is Apple (AAPL). After the stock’s meteoric rise, the value of the company has reached $3 trillion dollars in a first for any company in the world. However, will this momentum continue or will the stock...
by adammesh | Jul 7, 2023 | News
While trading is very difficult, it can be one of the easiest, difficult ways to make money. Easy in the sense that it really only takes a computer, trading platform, and an internet connection to get started. Difficult in the mountain of subject matter individuals...
by adammesh | Jul 6, 2023 | News
As we often say, finding levels and price where stocks react to the upside or downside and drawing those levels out on your charts is exactly like mapping out the market for that particular stock. They tell you when to go short and when to go long as a map would tell...
by adammesh | Jun 30, 2023 | News
One of the most traded stocks in the market due to it’s ability to make massive moves in short order, Nvidia (NVDA), has made it on our radar for today’s trade idea. NVDA has been on quite the impressive run as of recently, climbing over $200 in just a month or two....
