This week kicks off with a fantastic trading opportunity on the intraday price action, and AbleTrend nailed the move in the morning. Stocks open slightly higher over the weekend, and both the S&P and Nasdaq indices attempt to make new record high closes. The S&P 500 closed just shy of new highs, but the Nasdaq […]
The summer doldrums seem to be ending early this year, as students are starting to return to school, and life gets back to normal. This week’s intraday trading ranges have opened up just a touch, which has already been a huge blessing for traders. Wider trading sessions doesn’t just mean price action to the downside […]
Spotting super stocks at an early stage is good. But pinpointing super stocks at their launch point is ideal for your profitability. It’s the difference between following a linear increase trend as a stock slowly grows, versus catching an exponential increase trend after its launch point. Here’s the chart of a potential super stock with […]
Spotting super stocks at an early stage is good. But pinpointing super stocks at their launch point is ideal for your profitability. It’s the difference between following a linear increase trend as a stock slowly grows, versus catching an exponential increase trend after its launch point. Here’s the chart of a potential super stock with […]
Trading decision made easy with AbleTrend buy on blue sell on red signals. It helps you to control the influence of emotion and impulse, both of which are detrimental to your trading. Exam the two charts below, can you tell which stock you need to exit and which stock to add more positions? Buying at […]
After more than 23 months of consolidation, EXPD had tested the AbleTrend monthly support level (blue Xs) with red bar on 3/20/20. On 5/8/20 AbleTrend gave a buy signal with large blue dot. SSb1 and SSb2 are the typical AbleTrend sweet spot buy signals. Buy at dip with AbleTrend confidence. View details below. Buying at […]
As we observe the rotation out of small caps, the NASDAQ & S&P 500 are pushing into to record highs. This, we attributed to the earnings catalyst, which will continue for the next several weeks. Thus far, things have broadly been favorable, and we’ve also seen that reflected in the individual names, as well as […]
When an investor gets emotionally involved in his or her investments, they do not think rationally when their money is involved. They can have too much information in the way of moving averages, stochastics, %R, RSIs, Bollinger Bands, etc… but no specific buy/sell/stop signals. That leads to doubt and second guessing. AbleTrend makes it easy: […]
After more than seven months of consolidation, ORLY had tested the AbleTrend weekly support level with large red dot on 1/24/21 but did not penetrate. On 3/7/21 AbleTrend gave a buy signal with large blue dot. SSb on 6/7/21 is the typical AbleTrend sweet spot buy signals. Buy at dip with AbleTrend confidence. View details […]
Stocks sold off yesterday on renewed Covid-19 fears, but prices held at support through the trading session. That seemed to be enough, going into the close & that relief rally extended through today’s intra-day session. Beside the bounce in the hardest hit sectors, a number of featured trend charts have continued to demonstrate strength, adding […]
