tsx_trader

tsx_trader

2021-11-24 Markets are mixed (near all time highs) FOOD has under performed the market. FOOD has been moving similar to others in its category - A spinning top candle and a 2nd day confirmation of price movement - average volume - Hoping this continues to move with more volume to follow. 6.85 gap fill stop loss at 3.94 I don't have a profit target at this...

tsx_trader

2021/11/23 Alibaba is a Chinese technology and e-commerce play. Alibaba trades under the NYSE stock exchange. The NYSE is near all time highs, having no direction at this time. Alibaba has seriously underperformed the market as a result of Chinese crack downs. Where-as fundamentals have not changed, and long term value investors see this investment as trading...

tsx_trader Updated 

2021-11-22 Markets are mixed sitting at all time highs This is true for Nasdaq - hovering just at the all time high for past 4 trading days, no clear direction. FB has been performing well. This is a swing trade with a very close short term trend line as seen on the chart FB is recently introducing the changes to the whole 'meta platform' and could be in a...

tsx_trader Updated 

2021-11-19 Markets are mixed, possibly turning bearish (near all time highs) FBIO has underperformed the market FBIO is presently in a bullish channel Bottom of channel has been tested 3x Expected to continue trading within bullish channel upwards. This is a technical trade. Hoping to touch my target for a sell. If this turns bullish and runs, will...

tsx_trader Updated 

2021-11-18 Markets are mixed, possibly turning bearish (near all time highs) MAL has been performing well. MAL entered channel trading (consolidation) starting March 5 2021 10.05 Bottom of channel 10.90 top of channel Tested support at bottom 6x tested top 5x ( This trade hoping for a 6th) by Jan 19th. This is a technical trade. Hoping to touch my...

tsx_trader

Another candidate for long term hold - also one of Munggers, seems to be on a down trend at the moment, so may scoop up some on a long term basis when I see some reversal signs.

tsx_trader

Charlie Munger cant be wrong about this. I cant imagine this wont give you great returns on a long term hold. I gotta get out of swing trading and have a few long term holdings. Maybe this is the one.

tsx_trader

But the bottom of the channel, sell when it starts to reverse at the top of the channel. Buy the breakout.

tsx_trader

I am going to open a longer term play on this one. Price target is 3.50. I think I am going to have a small/med sized position. Not swinging for the fences here, the money will likely be tied up for a while (6 months to a year). Stop loss at $.95 or so.

tsx_trader

This is why I never hold through earnings... Either way. Going to watch it eagerly for a reversal play :)

tsx_trader

Indicies are all taking a breather. I am out of all my position, all cash except for one penny flipper that I am keeping. Waiting to see a bounce off support levels to feel comfortable opening more positions.

tsx_trader

I am going into this reversal, hopefully if it does not gap up tomorrow Increased volume recently. Some price stabilization. Stop loss set at just below the all time low trading price. This allows for a very easy/decisive stop loss position. Hammer candle stick showing some buying pressure on the weekly at the current price. This is followed by a...

tsx_trader

I am looking at entering the trade tommorow. Unless of course there is a large gap up. This trade is like a bet on Japanese economy in some ways. What makes this attractive is an extremly strong level of support being set at these levels, the result of a buy back valued at 9 Billion!!! finance.yahoo.com The profit taking level I outlined is mostly...

tsx_trader

Its in the chart! EU is a uranium play. Avg target 3.13 Bullish on the sector in the future. I dont think this will fall below stop loss target outlined here.

tsx_trader

The level of support held even today. But that candle stick is really intresting. The last few weeks as I am going through charts looking for swing trades. I am growing frustrated because I see super nice support swing trades setting up, but earnings in the way. I do not like to hold through earnings on my swings. It can go well, but it can go poorly. Look...

tsx_trader

There was very large insider buying which creates a huge floor "support" for the price. They are purchasing back 50 million dollars worth of the outstanding stocks finance.yahoo.com Additionall, the RSI looks like its coming out of the oversold zone. MACD reversing below the zero cross. We had two days of above avg volume. I have not done much DD - It is...

tsx_trader

Looking at a possible breakout trade with analyst avg rating pointing at $106 Need the following conditions: - Break above present high - good volume - good overall market conditions going into next week Set loss would be set at the moving averages where break below averages signals sell. Profit at decline on bullish momentum. Will not buy major gap ups.

tsx_trader

I have a position - I am a bit in the green. Looking for a cycle into airlines, which has been neglected for some time. AC, AAL and CHR are the ones I track and they move almost identically. I chose CHR because its cheapest and gives me easier stop loss, gain taker targets. I think I will hold till November 10th, I dont want to hold past earnings. Will be...