This Signal For the Dip, This For The Crash, This For The No Brainer Buy…
We have a lot of choices here. This is how to drill down and play them.
We have a lot of choices here. This is how to drill down and play them.
Compact clearing ranges. They are often great for breakout trades if volume confirms but tough for retracement entries. I explain what I am watching for and how to deal with this issue.
All week we have discussed how to use the GRaB candles and trends for retracement entries, but we also know when to shift to 10X candles and momentum for breach entries, and confirm both styles with volume. Here’s the wrap up of this series and putting it all together. Intraday or End of Day charts work the same in terms of the shift.
I have a trio of setups, in ZScaler, Crowdstrike and Cloudflare. These hot names have flown, particularly since the March lows, and I think they’ll continue to do so. This is how I’m trading them.
The indexes continue to show strength, and we have many FAANG and COVID stocks up for earnings in the next 2—3 weeks. What does this mean? Setups galore. Let’s look at MSFT, FB, NET, CRWD, CHGG, and more.
So far this week I’ve discussed momentum and volume entries; however, that is not always the way we need to handle all environments. We need to know when to shift gears to exhaustion trades. In this video I explain what the signs for that are.
From the environment to the individual indicator sets to the setups, I explain why in this environment you need to know when to look for retracements and when to jump on momentum.