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Timing in Tesla
It’s hard to know what Friday’s open is going to look like, but there are some levels I want to watch in TSLA, along with two of the best performing components of XLK.
In an uptrend, Dips Happen.
The important part of buying dips is FIRST confirming that the market is in an uptrend. In this video I compare what has an uptrend worthy of buying the dip, and what doesn’t.
Still Moving Higher
In this video, we take a look at today’s rip higher and look at the price action for the last couple of weeks. This can help us get an idea of where we might go and what levels to look for.
How do you keep from getting sucked in?
Into shorts that is… here’s how I measure lows after the bell and determine whether the weakness can or even should be sold. It’s all about focusing on the key sides of the market.
Powell says the coast is clear…
We’re not near the Fed’s inflation target… and stocks know that is good for higher highs. Sure, we could talk trends and technicals, but all that mattered today and will matter tomorrow is Powell and the Fed’s outlook on the economy.
Setup in SPOT. 2/24/2021
We have a pullback into symmetry and a retracement that makes a nice setup in SPOT. It has triggered on a 5 minute and is a ROYAL setup.
What will earnings bring us?
After a pretty significant move like we had today it’ll definitely be interesting to see what tomorrow brings, especially because we still have some very important earnings announcements this week into next week. In this video I discuss my top list and ideas going into March.
Shorten the timeframes in pullbacks
While I am still an overall bull expecting a recovery in equities, the heat seeking missiles of sells are still looking for where the support is going to hold… we will get there, but one way to handle this is to shorten the time frames and wait for our daytrading pitch!
