NicAdams

NicAdams Feb 23, 2022

1st entry: $24.70, taking the month up (2nd consecutive, confirmation). Ideally that carries enough momentum to take the inside quarter up above $25.40. Inside & up on the quarter >$25.40 would be the 1st monthly up off the lows of this major range it's currently in.

NicAdams Feb 2, 2022

OTC:CBDS setting up for a healthy R:R position. Current price: $0.2297 on 2/1/22. Main entry not yet triggered. Entry: $0.3226 (Jan high, back into the heart of the major range) *a more aggressive entry: $0.2499, taking the previous week up. Stop: $0.1729 (Jan low, losing the bottom of range). *If you prefer using multiple stops like I do, you...

NicAdams Updated  Jan 6, 2021

Get it on the watchlist to see if it comes back into the range or rolls over in the coming days. Neutral until price dictates the action.

NicAdams Updated  Dec 8, 2020

Range established. Quarter up. If elected, Biden will do the infrastructure that Trump promised but never did. To anyone crazy enough to still be short over the past 3 months, beware.

NicAdams Dec 8, 2020

NASDAQ:PZZA took the 10day outside-inside-up (the 3-1-2 Chicago #TheStrat) showing it's attempting to expand the range. Been stuck there awhile. Time to squeeze the shorts and take it back to the triple digits. Entry was $83.65 (10day up) Stop $71.61 (could be managed tighter at $83.16 or trailing with a PSAR on a suitable timeframe but letting this swing with...

NicAdams Updated  Dec 3, 2020

DOOO flushed out the buyers from the past 3 months and has now established a definable trading range. As always, manage risk appropriately.

NicAdams Updated  Nov 20, 2020

TLRY #RevStrat on the daily above at $7.18. Shall we? We shall.

NicAdams Oct 23, 2020

Outside-inside-inside-up on the quarterly is a place I want to be. Take me to the paradise city. Protecting off the weekly.

NicAdams Updated  Oct 7, 2020

NASDAQ:GPRO did it's job to the upside. Don't want to see it come back into the range. The 15min down <$6.05 would do it for me. Stop loss off the obvious high $6.37 Come to papa.

NicAdams Updated  Jun 1, 2020

Close to taking the 10day. NYSE:PG isn't so much of a typical trading play but would make a good long term position. It takes the 10day at $117. Get it while the getting it good. Today's risk can be managed at less than 1% off the 120min.

NicAdams Jun 1, 2020

NYSE:BUD taking a monthly #RevStrat up (inside month, followed by month down, followed by month up). Trapped shorts from last month combined with natural buyers entering the new month up equals strong potential for move up. Buyers looking to put money to work in catchup names, BUD yet to participate. Would like to see the daily low hold. Might get another...

NicAdams Updated  Dec 4, 2019

Very large broadening formation formed on the monthly dating back to 2013. Current R:R ratio with a stop under the previous month low and a reward to the top of the broadening formation is 9:1. Smart move would be to wait until previous month high is breached and get a confirmation close 3day at least and gauge risk from there. But something tells me that a...

NicAdams Updated  Aug 6, 2019

The monthly July is about to print with heavy downward momentum. If August takes out the July lows, AMZN has strong downside potential. Neutral position until we see August price action but I wouldn't want to be a holder here. Best to stay on the sidelines and wait for price to battle it out for a potential reversal with clearly defined risk.

NicAdams Updated  Jun 5, 2019

NASDAQ:KTOS has been tearing up the charts this year and it is once again attempting to go full time frame continuity to the upside: up on the yearly, quarterly, monthly, weekly, 3day, daily and 240 min. $22.91 takes the hourly up for confirmation of full time frame continuity to the upside.

NicAdams Updated  Dec 27, 2018

Visa has a lot of hurdles ahead if it wants to go higher. A bear trend line has formed from the all-time high and the lower high on October 17th. Today's high was rejected on the trend line. Today's price also failed to break the upper heavy volume profile around $140.50. Today's price was rejected at the 4hr 200 EMA. The 50 EMA has crossed the 100...

NicAdams Updated  Oct 18, 2018

This is a short term play that, if all goes well, could turn into a long-term play. NYSE:VIPS is currently at the bottom of a micro uptrend channel (orange lines), looking to test the two major trend bear trend lines on the 4hr and Daily. I'm using a low risk entry on the bottom of the channel with a stop under the low of today which would be a confirmation...