It is an established fact that more than 99% of traders will lose money consistently. Eventually they will quit trading because they become convinced that it is impossible to consistently trade profitably unless you are a trader at a big firm or just lucky. Not so. While some swear by fundamentals, and others by technicals, the truth is that most consistently...
Some 4 years ago we posted a chart() showing the Short designated as Short #1 on this chart and referred to it as an intermediate short on the previous chart. Long term short is above @ the 1.585 level and its first target is referred to later in this post. We have made no secret of the fact that our opinion has been and is that there is no fundamental or...
2 years ago we published our last commentary on SPY. In that post on the chart referenced on this chart we stated "Our long range analysis of the market has not changed, as there is another high on our radar that we will be targeting." The market is very close to that target, the high being 228.34, 1.35 away from the target. Only time will tell if that difference...
Our analysis @ stated in part, "Barring a meltdown in earnings or subscribers, FB will be bought at certain levels in expectation of reaching the 2nd target shown. The short also has its' targets and one has been reached on a shorter time frame at 58. On a shorter time frame, FB is reacting to a long that has its' target above ATH." The 2nd targets on both time...
Our analysis @ stated in part, "Barring a meltdown in earnings or subscribers, FB will be bought at certain levels in expectation of reaching the 2nd target shown. The short also has its' targets and one has been reached on a shorter time frame at 58. On a shorter time frame, FB is reacting to a long that has its' target above ATH." The 2nd targets on both time...
Tesla Motors is , in our opinion, a tech company vs a manufactoribg company. We believe this explains its' parabolic rise in price. Others may strongly disagree. Regardless of how much one may be sympathetic to the concept, we see nothing from a fundamental standpoint to support the current or previous valuation. Others may strongly disagree. Be that as it it...
Many erroneously believe that market targets cannot be known until a stock has been trading for a specified period of time. As our clients are well aware, we identify the relevant targets very early in the trading cycle, sometimes even before the first 15 min of trading on the date of the IPO. How is this possible? Contrary to what many are taught , the ...
Our original analysis stated in part: "Taken by itself, the technical pattern on the chart is a classic bottom with a follow through support at the first real pullback. Many unexpected huge moves have resulted from this pattern over the years. A factor in NOK's favor on the long side is the price action at the LT Swing Long entry range. It has been very...
Our original analysis on 9/10/2012 stated in part ; " We have never been a fan of Facebook's fundamental business model. When GS bought a sizable stake pre-IPO, we correctly predicted that GS's target would be a doubling of their investment by the IPO date and that they would most likely liquidate enough of their stock during the IPO to effectively break even...
Our original analysis on 9/10/2012 stated regarding the Long entry shown as green on the chart: "There is still a lot of room for it to run. There is nothing in the chart to preclude a sizable retrace on the bullish side, with pockets of fierce shorting along the way. The two areas shown as LT Swings, both Long and Short effectively encompass a huge range that...
Our original Long Term analysis on 9/10/2012 / stated " From a technical standpoint however, the chart is a fine example of a stock that is poised for another large jump in price, Long Term. As traders and investors we must trade the chart and not allow our opinions to beguile us into fighting the chart." Of course AMZN hit 408ish a profit of $150 ish from the...
Our original Long Term analysis on 9/3/2012 /www.tradingview.com/v/4JWciFeQ/ stated "We see no reason to alter our analysis that this is a winner Long Term for investors and traders. An eventual target of 1200ish is still our LT analysis." Of course GOOG hit 1230 before the 2/1 stock split and renaming of pertinent shares, a profit of $550 ish from the original...
At a time when the vast majority of traders and commenters were looking for a short entry , our original post some on 9/10/2012() regarding SPY stated, in part, "We reiterate that at this point we see nothing from a technical standpoint to preclude a new all-time high, possibly before March 2013". Of course the new high actually occurred on April 9 2013, and up to...
At a time when the vast majority of traders and commenters were looking for a short entry , our original post some 19 months ago on 9/10/2012() regarding SPY stated, in part, "We reiterate that at this point we see nothing from a technical standpoint to preclude a new all-time high, possibly before March 2013". Of course the new high actually occurred on April 9...
As our previously published analysis shows, recent price action has not been unexpected. EURUSD is attempting to break out of a consolidation range that has held for 5 months. There have been many profitable trades both as longs and short positions, even in the longer time-frames. Note the Long Term Swing Long entry identified previously. We are showing the next...
We have extended the reaction levels identified previously on several charts, including this one Until a reaction level reaches predetermined targets or fails, it will continue to be reacted to each time the price level is reached. When do we know definitively that a level has failed? This chart shows the failure of both the previous VAIS and AIS. Though both...
As we have stated in some of our prior analysis for published charts, trading shares of high-dollar stocks is a very inefficient means to profit from moves of the underlying. The chart shows some of the profits realized by utilizing our analysis for option entries and targets. The important aspect of option trading is not just knowing a reaction level, the correct...
AIL has reached to the 4th target where price has now encountered the present AIS. AIL is still in play as of the time of this update and we have identified the 5th target. AIS and VAIS(frontrun by a few pips) are being reacted to and we have the targets for these entries identified on the chart. VAIL and targets identified on chart. This chart is another good...