by adammesh | Jun 7, 2023 | News
We are revisiting an old favorite today for our trade break down and we are looking at the same set up, only this time, it is a bit further along in its formations. If you recall from our last look at Alibaba (BABA), we were in the midst of a move upward within the...
by adammesh | Jun 6, 2023 | News
We are back to check out Spotify (SPOT) as that 160 mark is coming back into play as we talked about here. We initially pointed to the 160 mark as a price target for anyone playing the upside on the stock, well, now that price has been reached and if history tells us...
by adammesh | Jun 5, 2023 | News
Our strategy is really a very simple one, it all comes down to price. Not much in the way of fancy indicators or oscillators, not even too much to do with volume either. It all comes down to price. As you can see in today’s example with Acadia Healthcare (ACHC), price...
by adammesh | Jun 2, 2023 | News
We have a quick and easy set up for you to wrap up the week and this trade comes to us from Spotify Technologies (SPOT). SPOT has been trending up as the rest of the market continues to climb, however, as it comes up to some resistance, that momentum has stalled out a...
by adammesh | Jun 1, 2023 | News
Our stock today recently has a significant gap up from about 50 to almost 68, but now the stock is at risk of giving some of those gains back. After the gap up, the stock’s price came crashing down over the last few days testing an old support level of 58.5. This is a...
by adammesh | May 31, 2023 | News
Yesterday, we spoke about finding stocks that are relatively weak in comparison to the rest of the market. Today, we have a similar set up to take a look at. Our stock play of the day comes from the pizza giant, Domino’s Pizza (DPZ), which has not only approached a...
by adammesh | May 30, 2023 | News
Today’s stock, Hilton Worldwide Holdings Inc. (HLT) is a great example of finding a stock that has relative weakness in a strong market. This is almost always a clear sign of a possible short play. As you can see in the video, while the market has pressed higher and...
by adammesh | May 26, 2023 | News
Any trader who has been in the market during this year’s trading has seen what a clear and obvious channel looks like. Well, Globe Life (GL) might have one of the longest running channels in the market today. As you can see in the video, GL a very well-defined channel...
by adammesh | May 25, 2023 | News
Arch Capital Group (ACGL) is forming a classic head and shoulders pattern, which as you can see in the video below. This is typically a bearish chart pattern, signaling that the stock may be getting ready to break down. Since the pattern implies lower prices, a put...
by adammesh | May 24, 2023 | News
Today’s big stock pick is one we have analyzed a couple times in the recent past because of the setup it has continued to hold. Alibaba’s (BABA) descending triangle, as you’ll see in the video, has continued to hold with the stock’s price getting tighter and tighter...
