David's

Trading: X

The Basic Materials The Materials Select Sector SPDR ETF (XLB) is not well. On the chart, one could see it’s not trending.  From year start it’s down more than 5%. The market as a whole tumbling since the February dive. On the contrary, the United States Steel Corporation (X) is really strong on the chart. The [...]



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 [...]


David's

Waiting to Reborn

Many lost money on GoPro since 2014. Probably only a few knew in October 2014 that the GPRO stock peaked at $98.47 and after that, there was just southward. In the second half of 2015, the investors had enough and exited. But many kept the shares until the last drop which was this year back in March. Weekly Something happened [...]



David's

Updating Trading Idea: AMD

This is the time when our favorite stock idea needs an update. We are again in the green zone. The 50 EMA held the price yesterday. Moreover, the QQQ weakness was helping the fall. This is once more a nice place to buy with small stop under the former bottom. Valid profit target would be the $15.00. The uptrend is still on, the [...]



David's

Updating Trading Idea: AMD

After leaving the green buying zone, there was six day up movement. On Thursday there was a sell-off which one could use to buy again. The movement is still intact. $15.00 is ahead of us, after breaking up that number we could expect for a surge as it was after $8.00. The green zone is still a buying zone. Is it the right time [...]


David's

Trading Idea: AMD Updated

AMD dropped with the market. Right now it’s entered the buy zone: This is the place where you enter into longs. We will see how eager everyone buying AMD, longer it is into the green zone the less interest to buy and move it higher. The stop is under the red line. Yesterday the market movement was bigger than AMD’s. [...]



David's

Trading Idea: AMD

I have traded many times, one of my favorite stock: AMD. The perfect example of an uptrend stock made 126% in a year. One can say I am emotionally attached. However, I have bought Intel processor for my PC early this year and Nvidia for a graphics card two years ago. I recommend now because it has a good setup: The red line [...]


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 [...]


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