Matthew's

Ford, Go Further

I have opened a long position on Ford stock. Price has broken above a multi year consolidation trend line, marked Red. The chart also has a potential to create a massive Cup&Handle pattern, marked Blue. A stop area below the price level of 10 seems suitable below the lows of the past few years, and an important round [...]



Matthew's

Trade Idea: ALGN

Strong fundamental background with excellent product potentials. The company is expanding to Brazil this year. This stock has been listed in the medical stocks watchlist before. I like its story, so let’s see the Technicals. Birds Eye View   Price is printing a strong uptrend. There is no left side price, however, I [...]




Matthew's

Stick to the Trend: QQQ

Most ideal trade idea is to just stick with the trend, and buy cheap on temporary ‘discounts’. Trading view the trend is intact currently, forming a new higher low base stop level below 136, which is below the previous low, more ideally below 133. Consider entering long when price can print above 141 Next target is [...]


Matthew's

Reporting on CRY

Another one from the Medical Stocks Watchlist, with another interesting product. Fundamental Numbers Sales Growth Part 5yrs/Next 5yrs: Ok Gross/Oper./Profit Margins: Ok to Strong ROA/ROE/ROI: Ok P/E: very high Dividend: Yes, it feels good to get some cash while sitting in the position. It’s just more attractive to keep [...]


Matthew's

Trade Idea: MDXG

From the Medical Stocks Watchlist. This is a company with an amazing product in regenerative medicine. You can check out how this works in the animated video. Fundamental Background Numbers; Sales Growth Part 5yrs/Next 5yrs: Strong Gross/Oper./Profit Margins: Strong ROA/ROE/ROI: Strong P/E: very high Fundamental numbers are [...]




Matthew's

What Price Range Means for Trading

Stocks trade in different price ranges, that can have a profound effect on how the individual stock is traded and who trades them. The whole concept of experts evaluating stocks on popular media channels about their possible future IPO level or trading price can be greatly misleading. The price of the stock itself has no [...]


Matthew's

Indicators, a.k.a. Chart Smog

I prefer to use ‘naked’ charts without indicators, especially without price based ones. Indicators are essentially plotting a sort of a ‘derivative’ of the price chart, thereby taking focus away from the core information, the price itself. Indicators create a smog effect; It is easy to get lost in the details of the indicator [...]


Story

Why Greedy Goldfish?