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Setup in BYND. 12/24/2020
I have a pullback on a 15 minute chart, since we are some distance from the original setup on the daily. We have triggered for a swing trade also.
The Rest Of 2020
In today’s free video, I give my outlook on the rest of 2020 and discuss underlyings with good foundation but have seen a pushback. I also share my thoughts on gold.
Letting the Clearing Range Setup a Trade
Often traders feel compelled to trade right on the open, and in this video, I share why it’s often best to wait for the market to tip its hand.
Trading Momentum on Hot IPOs: ABNB and AI
There’s been so much hype around new IPOs, and valuation completely aside, there is plenty of momentum to trade — especially in the options market. In this video, I am teaming up with Tammy Marshall, the Fibonacci Princess, and using her technical analysis along with mine. Check out the trades here.
Directional Bias and Trade Direction
In keeping with the “double green” on the broader indices as well as many key sectors, pullbacks such as the one this morning are NOT a shift in trend but a correction of the uptrend.
Setup on SPCE. 12/22/2020
There is a great cluster of support on SPCE for a buy setup. Please be sure to wait for triggers.
Wild Swings In The NASDAQ
Not a dull week at all, pretty wild swings in TSLA and the Nasdaq in general. I’m eyeballing NFLX for a continuation, and keeping my eye on high short interest names that have hourly and complimentary daily squeezes on Squeeze Pro.
A Little Something for Everyone
Which do you prefer, hot wings or hot video cards? We’ve got some great picks tonight in both, and a data monitoring service to round out the trio.
