jumpy_swings

jumpy_swings Updated 

Coming back from oversold levels after the most recent market wide correction. Money flow trending up. I've set a stop near the bottom support level and a limit at the most recent high for a R:R of 2:1. Good luck!

jumpy_swings Updated 

Noticed this stock on a recent screen. It shows a descending triangle nearing strong support ($2.12-$2.15) levels. Don't have a position on this and the company fundamentals look pretty good at the moment but a break below $2.12 would be very bearish from a technical perspective. Alternatively, if it bounces off the support level again it might be a good position...

jumpy_swings

RUBI moved into overbought (MFI indicator) territory after a cup and handle formation. Will set a tight stop at the peak of the gravestone doji and look to sell before earnings. If this eventuates, it could form a larger cup and handle formation, something to keep an eye on after earnings is released.

jumpy_swings

Looking to enter a long position on SNA with a fairly wide stop. Price decreased after earnings but the long spinning top/long legged doji candle indicates weakness in selling and a possible reversal. Relatively low volume compared to previous earnings as shown on chart. You could set your stop a little tighter around the $149 resistance level to protect against...

jumpy_swings Updated 

A short on Lend Lease prior to earnings. RSI approaching overbought and price towards top of channel resistance. Look for a volume drop off or a bearish candle 19Jul to confirm the reversal. 5:1 risk:reward as shown but can adjust entry price down to be more confident in a fill.

jumpy_swings

Recent candles in a reasonably tight range. Decent risk:reward with this trade. Bullish indicators: price moved above 200SMA, increasing MFI, strong MACD.

jumpy_swings

Uber is at a resistance point. Any strong bearish candle on Jul18 with big volume would be a good point to enter a short. If it bounces off the resistance a long position would have good potential risk:reward up to top resistance point.

jumpy_swings

Price is trending towards a well established bottom support with MFI (20) indicating oversold. Potential 50% return by the end of the year, depending on earnings . Look for multiple strong bullish candles crossing the 9MA line.

jumpy_swings Updated 

NYSE:LTM Looking to enter long trade at 10.16 with a limit at 10.70 (resistance line) and a stop at 9.89 for a 2:1 risk:reward. Potential 2nd entry on 17Jul at top of first bearish candle (10.29) with stop at base of 16Jul candle.

jumpy_swings

Bullish engulfing candle formed on 16Jul within the upwards channel. Low MFI indicates oversold and is moving higher (bullish). Look for an entry close to the bottom of the channel for a good risk:reward. Update your entry point and stops on a per day basis.

jumpy_swings

Nice cup and handle with support at base. Potential run up of this stock prior to earnings, a break through the 200SMA would be a very bullish signal.

jumpy_swings

Bullish 50/200SMA cross. Neutral on earnings results. Looking to enter a long position if the price breaks out of any of these resistance points after earnings.