by adammesh | Jun 29, 2023 | News
In our last edition of the Daily Smart Report, we went over how to find explosive support and resistance levels. This is the key to our, and many other successful traders, success in the market. It may seem too simplistic, but rest assured, it works. Today, we have...
by adammesh | Jun 28, 2023 | News
We talk a lot about support and resistance in these articles and video breakdowns, but what are they exactly? Today, we are going to go into what they both are and some of my tricks for finding the most meaningful support and resistance levels. The best part, once you...
by adammesh | Jun 27, 2023 | News
Stocks constantly establish support and resistance levels that can give traders a false impression of where price will have the biggest reaction. Our job as options traders is to find the most meaningful levels, or the levels we have the highest probability of getting...
by adammesh | Jun 26, 2023 | News
In a market that is showing a fair amount of weakness over the past week, we found a stock that also looks week. If you look at the Goldman Sachs (GS) chart, there’s nothing really exciting us about a move to the downside as the stock didn’t even take part in the...
by adammesh | Jun 22, 2023 | News
That old trading saying of “the trend is your friend” holds a lot of the secrets to successful trading, if not all of them. Our job as traders is to find the trend and trade alongside it, not to step in front of the train and try to go against the grain. For our stock...
by adammesh | Jun 21, 2023 | News
Workforce management company, Workday (WDAY), has made quite the recovery from lows of just a few months ago and is now looking to hold above a major resistance level. This level of near 220 acted as firm support with price bouncing off it many times before breaking...
by adammesh | Jun 20, 2023 | News
The banking sector has been making headlines this year, good and bad, but investors are still keeping their eyes on a few banking stocks as the playing field shifts among the companies in the sector a bit. One of the biggest banks in the country got a little bit...
by adammesh | Jun 16, 2023 | News
There’s a famous phrase among the trading community. “The trend is your friend.” Meaning, when there is a clear trend, it’s best not to fight it. Many a fortune has been lost trying to bet against stocks or markets that are trending in one direction or another, just...
by adammesh | Jun 15, 2023 | News
Ford Motor Company (F) has sprung to life after a bounce right off a major support level of around 11. Now the auto giant looks to make higher prices if only the stock can over take a large resistance level at 14.50. This setup is largely dependent on what the rest of...
by adammesh | Jun 14, 2023 | News
We say it over and over again, our entire strategy hinges on being as simple as possible. Trading is hard enough, no need to over complicate things. Our trade idea for the day lives up to our simplicity strategy once again. The ticker we have on watch to day belongs...
