Wow how the might have fallen. Upon the crash in crude oil prices, Alaska airlines precipitously ran from just over $10 to over $30 in just over 6 months! It had been a great long pick, but, all things must come to an end, and Alaska’s bull run is indeed over.
Today Adam shows how smart scan and trade triangles can find amazing trades in any market. Pay really close attention to how much information the trade triangles gives you. Just to provide a contrast, I put together a list of indicators and did a full techincal breakdown of this stock below. Take a look at [...]
On Tuesday, November 10th, I recommended comcast as a hot stock pick on the short side. The trade was opened at $16.65, and yesterday, November 21st, my profit target of $13.17 was hit, closing the trade.
I was looking over several charts this past weekend and I was shocked to recognize a chart formation playing out before my very eyes. I’ve seen this same formation a million times before, but I just didn’t want to believe it could be happening to my favorite stock, Apple (NASDAQ_AAPL). Some would call this denial.
A quick update. Monsato, along with the market, has opened higher today. I'm would wait until the last hour of trading today to open this trade, as it will give a really nice entry point and increased profit.
