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....
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...
