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Trade Planning as Gold Attacks Key Breakout Level
With the morning breakthrough above the $ 1,400 confluence resistance target level, let’s take a quick update on the new levels and targets for trade planning opportunities in Gold. We’ll start with...
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A Flag and a Breakout for Tesla Motors TSLA
Tesla Motors (TSLA) shares continued their strong uptrend today with a breakout from a triangle pattern or a daily Bull Flag to push to all-time highs. Let’s take a look at the Daily Chart, note the...
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Quick Charting International ETF Money Flow at the Breakout Highs
Following up to this morning’s post on the US Market Breakout and Sector Strength/Weakness, I thought it would be instructive to take a look at broader global ETF money flow as well in terms of...
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Quick Charting Sector Strength and Weakness on the Breakout to New Highs
While the SP500 itself broke to all-time highs this morning, not all sectors participated in the breakout. Swing trading opportunities often come from focusing on strong stocks in strong sectors while...
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New Life for BlackBerry BBRY Shares on a Breakout
This morning saw an initial breakout and powerful upside continuation for shares of BlackBerry (BBRY) which draws our attention this morning. Let’s take a quick chart-update for the stock and note the...
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An August Breakout and Trend Reversal for Apple AAPL
After spending months consolidating with a “Rounded Reversal” basing pattern, Apple (AAPL) shares powerfully broke a critical resistance level which triggered an official trend reversal signal. Let’s...
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SP500 Awaiting Breakout from Fibonacci and EMA Compression
Despite all the major headline news events over the last week, the SP500 has remained relatively contained within well-defined price and pattern levels. Let’s update our key trading levels and plan...
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October Breakout in the Uptrend for Amazon AMZN
Not to be outdone by Google’s breakout above $ 1,000 per share this morning, Amazon (AMZN) shares also broke to all-time highs this morning to continue the persistent uptrending action already in...
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SP500 Struggles to Hold Breakout Trendline
With today’s sell-off in motion, let’s step our perspective up to the higher frame and note the dominant trendline in play. What happens here could easily determine our game-plan for swing trading...
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Join Me Live Thursday Afternoon for Live Breakout Retracement and Reversal...
Dec 4, 2013: 7:12 PM CST I’m excited about tomorrow’s live webinar “Trading Breakouts, Retracements, and Reversals” which I’ll be presenting as part of the eTrading Expo tomorrow. My scheduled webinar...
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Quick Strategy Test of Keltner Channel Buy or Fade Breakout Trades
If price pushes above an upper Keltner Channel – which is an indication of Average True Range and Volatility – should we buy the breakout in hopes of an impulsive upward move or else ‘fade’ the...
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Did Stop Losses Help or Hurt the Simple Keltner Channel Breakout Strategy?
In the previous research post on “Buying or Fading a Keltner Channel Breakout,” I described a simple breakout (or ‘fade’) strategy and revealed the performance metrics on the strategy. In this post, I...
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Planning a Range Fade or Breakout Trade for Caterpillar CAT
I enjoy studying clear range patterns – like the one we’re seeing in Caterpillar (CAT) shares currently – because it makes trade planning parameters relatively simple. A trade is simply a “bet” on one...
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Respecting the Range While Awaiting a Breakout
Short-term traders have been forced to “Respect the Range” behavior of the US stock market indexes as they challenge – or break – to new highs. Let’s update the current range boundaries (price levels)...
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Trend Day Trading Stocks on the Breakout for Feb 28
Feb 28, 2014: 12:17 PM CST It’s the last day of February 2014 and US Stock Market indexes are breaking to all-time highs. Which stocks are leading the pack and topping our daily “Intraday Trend Day”...
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April 22 Breakout Trend Day Breadth Update and Stock Scan
With price breaking through resistance and defying divergences, let’s take a look at Sector Breadth (what’s strong, what’s weak) along with the top trending stocks of the day. We’ll start as usual...
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May 12 Breakout Trend Day Trading Update
Price tends to impulse or power-rally stronger when it traps traders or otherwise defies conventional wisdom. That’s part of the reason price is surging higher today, so let’s take a moment to update...
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May 22 Breakout Trend Day Intraday Trading Update
We continue to see bullish strength in the stock market, so let’s take a quick mid-day update at the key levels, Sector Breadth, and trending stocks at the moment. We’ll start as usual with the...
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June 6 Similar Stimulus Short Squeeze Breakout Stock Scan
The breakout and impulsive bullish price action – continuing the large short-squeeze – extended into today’s session as bears become buyers and buyers add to existing positions or else plunge into the...
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Tracking a Reversal and Breakout Buy Signal Trade in DDD
A potential breakout buy (and short-term trend reversal) signal is developing in 3D Printing Stock 3D Systems (DDD). Let’s start with the Weekly Chart and focus our attention on the key price levels...
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