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$DWAC

Some little presents

December 9, 2021

We are still waiting for the CPI numbers tomorrow, so I don’t go all-in before the end of this week. The $SPY is quite extended now, but $QQQ has room to go up.

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Active sequence – rules of engagement

December 9, 2021

During active sequences, traders focus their attention on buying dips and selling into extension zones. Knowing the rules of engagement helps maximize profits.

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$PHUN week to trade! Biggest earnings week of this quarter coming up

October 23, 2021November 3, 2021

Strong earnings by $TSLA and $NFLX, while $SNAP breaks down. Trump back into action! See what is in store for next week!

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Trump it up and double tops! What’s next ahead of the big earnings week?

October 22, 2021

Trump related stocks had been a wild run, $SNAP disappoints and $TSLA flirts with the all time high

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A day as long as a quarter! Double tops, Trumps social media, $NFLX new highs, $SNAP takes social media stocks down

October 22, 2021November 3, 2021

Trump and $SNAP rattle the markets as we are waiting for the main earnings next week. Lots of double tops, can $TSLA push through today?

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Snap back down and Trump it up (charts included)

October 22, 2021October 22, 2021

Look at the small caps for a possible move out this channel and watch the news driven stocks $DWAC and $PHUN for a possible day 2. 

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  • Recent posts

    • There are 2 more trading days of 2021 and the path of least resistance is to the upside given the strong seasonality and low volume. Do not try to anticipate a move lower based on inflation/Omicron fears. Wait for the first sessions of January to measure the overall health of the recent bull sequenceDecember 30, 2021
    • $DIS has been battered and bruised in 2021 but is showing some good relative strength since it formed a rounded bottom earlier this month. We are long the stock and a few call options for the end of January.December 30, 2021
    • Biotechs continue to be one of the worst sectors of 2021 as they got rejected at key resistance level this week. More negative data from 2 companies within this sector brought this ETF back to the yearly lows. See if it can participate in a January effect playDecember 30, 2021
    • Small caps had a great bounce off the channel lows but are struggling for direction in the past few sessions. A break below 220 would be a big negative for overall market sentimentDecember 30, 2021
    • $AAPL is struggling to reach its $3 trillion market cap as it got rejected at 180 yesterday. We are long the stock and will look to add if it can get above 182.13, its all time high.December 30, 2021
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  • News Feed

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