Learn how to swing trade stocks using the trend channel strategy, including how and when to enter and exit trades, how to manage risk, find stocks to trade, what indicators to use (if any), and when to avoid trading. Swing...
Bitcoin has a cup and handle forming. Cup and handles are one of my favorite patterns, and the pattern in Bitcoin is “ideal”.There are a few versions of the cup and handle that I trade. The one forming in Bitcoin...
The S&P 500 remains in an uptrend following the March 2020 bottom. The Nasdaq 100, Russell 2000, and the Dow Jones Industrial and Transportation indexes are also in uptrends since that point. There was a whipsaw day on July 13,...
Restoration Hardware (RH) has recovered all the losses that occurred following the initial panic selling that gripped the markets due to Covid-19 in late February and March. After forming a v-bottom—the cup part of the cup and handle strategy— the...
The stock market, as indicated by the S&P 500 and the NYSE Advance-Decline (AD) line, remains strong. The NYSE AD pushed to new highs on June 8, while the S&P 500 remains below its high (February). This has historically been...
Still seeing some really explosive moves in stocks. Need to be a little more selective as not everything is booming, but still a lot are. Everyone is worried about a correction. That is always a possibility. I try to keep...
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