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...
by adammesh | Jun 13, 2023 | News
We often like to revisit some of our trade ideas in order to see how they have played out or determine where another opportunity might be. Today, we are going to revisit our Boeing (BA) trade idea from last week to do both. Not only is the price moving in direction of...
by adammesh | Jun 12, 2023 | News
Another simple trade set up for everyone again on this Monday morning, coming from Amazon (AMZN). Our trade today comes with the added benefit of having an extra confirmation built into the set up at hand. What do we mean by this? Well, if you watch the video...
by adammesh | Jun 9, 2023 | News
Trading is hard enough. We don’t need to make it any harder on ourselves with our method of trading, which is exactly why we keep our strategy so simple. No need to overcomplicate things with anything besides looking for levels ad zones the stock’s price reacts to. As...
