Swing Trading Report. In this Special Earnings Season (Member Edition) Monday Aug 6, 2018: $SPY, $VIX, $DXY, $GTHX, $ARWR, $EDIT, $C, $DIS, $PSTG, $MXIM, $ATHM, $BWA, $LIT, $BA, $BABA, $FB and more.
IMPORTANT: This video gets in to detailed trading levels to watch in your swing trades and also had a number of how to use our charting explanations. Very important to review the video and not just the summary below.
Mid Day Member Webinar – Swing Trading Set-ups Summary (from July 31 mid day review, published August 6, 2018):
Forward:
Swing Trading Special Earnings Season Report to cover trading the chart set-ups. Mid day review sessions will become the premise for our next major Q3 and Q4 positioning in the stock market.
We are reviewing all one hundred equities we have in coverage on our swing trading platform – all over the next ten days or so for earnings trading season.
Trade alerts are reviewed in this video that triggered today.
Be sure to actually watch this video as the summary below is only for reference and doesn’t give a whole picture for any of the trade set-ups listed.
All quoted support and resistance are approximate.
June 27 Swing Trading Regular Report is referenced in this special earnings report. Members can reference that report for charts you may need (or review the video) as all the charting is not included in the report below due to weekly reporting time constraints.
Volatility $VIX – End of time cycle week, ish On watch.
US Dollar $DXY – 95.62 Aug 28 upside target and 93.50 Aug 28 in bearish scenario.
$GTHX – Price targets in bullish scenario 53.64 58.09 Aug 27, and downside scenario on same day 44.42 and 40.04.
$ARWR – Lost mid quad support, price target 16.00 ish Nov 26 23.88 in more bullish scenario or 8.93 in a sell-off.
$EDIT – 27.87 22.93 18.12 are downside targets and 48.00 ish is most bullish scenario with other targets on way up. Sept 21 time cycle completion. Trading plan detail on video.
CitiGroup $C – Hit support numerous times, at 200 MA on daily, 86.40 upside price target Oct 17, lower target is 73.80 60.37 Oct 17. Over 73.70 is long side trade alert pivot.
Disney $DIS – In to a resistance cluster. Excellent upside trade trajectory, very predictable in structure. Trade alerts from reports has been excellent – fantastic trade. 117.34 upside price target scenario 110.46 bearish same day Sept 6 time cycle peak. Video details the trading plan.
Pure Storage $PSTG – Earnings in 26 days, current trading structure explained on video. Price targets are 15.96, 19.23 in a sell-off 22.68 for Oct 1, bullish 25.85 and then 30.00 range same day. Over 22.58 is a long.
MAXIM $MXIM – Red lines on chart are historical support and resistance, over 65.00 long side trigger, main resistance 74.80, downside support 50 MA or 56.50 ish.
Autohome $ATHM – near support 92.20, time cycle just ending, careful with this one, not easy where it is, trading 96.44 intra 110.18 main resistance, downside sell off target scenario 74.25 area on chart and upside most bullish target possible is 110.50 and 128.40 Apr 2019 in large structure.
$BWA – Last report I alerted that the sell-off should be finished. Technically a perfect trade. Price target has been hit. Trading plan is other side of earnings a 46.60 trade alert alarm set for over 45.60 ish targeting 54.20 Jan 8, 2019 and to downside 42.81 is price target and 38.86 in a complete sell-off.
Global Lithium $LIT – Pinched between 20 MA and 100 MA and under main pivot. Possible sidewinder set up that is explained in video in large chart structure.
Boeing $BA – It is n the other side of earnings, threatening break-out but price is so far above 200 MA on weekly chart, so I don’t like it so much. However, Stochastic RSI is trending up again but MACD is not. Set alarm trade alert for when MACD turns for a review.
$BABA – Earnings in 23 days, price near structural pivot, SQZMOM green Stoch RSI trending down and a decision has to be made at 200 MA. 177 ish is downside price target in a sell-off scenario in advance of earnings which is very possible considering the last earnings dump (in to earnings). Trading plan details in video. No algorithmic model built for this yet however we are planning to when in next trade (when we get a retrace we will enter this trade). All equities we follow will get models in advance of machine trading for each.
Facebook $FB – Last sell-off earlier in year we nailed it, it is again doing the same thing it did last time. Trading plan reviewed on video. Personal target 181.63 Aug 9. Various support and resistance levels on chart discussed on video.
#swingtrading #earnings #tradealerts
Charts and Chart Links re: Member Version.
(Mailing list versions that may be made available from time to time may not include charting or chart links and may or may not be published in a timely rotation).
I get a lot of Questions about How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min.https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
I personally guarantee our swing trading service is one of the best in the business and it’s very reasonably priced considering the technical expertise invested in the platform (Lead Trader).
Swing Trading Report. In this Special Earnings Season (Member Edition) Sunday Aug 5, 2018: OIL $WTI $USOIL, SP500 $SPY, US Dollar $DXY, $SWIR, $GPRO, $NFLX, $GSIT, $AXP, $ABX, $TAN, $TWLO, $WYNN, $XLE, $XLF, $X, $RIG, $SLX and more.
IMPORTANT: This video gets in to detailed trading levels to watch in your swing trades and also had a number of how to use our charting explanations. Very important to review the video and not just the summary below.
Mid Day Member Webinar – Swing Trading Set-ups Summary (from Aug 3 mid day, published August 5, 2018):
Forward:
Swing Trading Special Earnings Season Report to cover trading the chart set-ups. Mid day review sessions will become the premise for our next major Q3 and Q4 positioning in the stock market.
We are reviewing all one hundred equities we have in coverage on our swing trading platform – all over the next ten days or so for earnings trading season.
Trade alerts are reviewed in this video that triggered today.
Be sure to actually watch this video as the summary below is only for reference and doesn’t give a whole picture for any of the trade set-ups listed.
All quoted support and resistance are approximate.
Published Aug 5, recorded Aug 3, 2018 Mid Day Swing Trading Review.
July 3 and July 10 Swing Trading Regular Reports are referenced in this special earnings report. Members can reference those two reports for charts you may need (or review the video) as all the charting is not included in the report below due to weekly reporting time constraints.
Tickers covered;
OIL $WTI $USOIL – expecting oil to settle in cradle at end of week. Video has quick review of model.
$DXY US Dollar – Up against resistance threatening to move in to its next bullish structure – long over 95.62, PT 96.70.
SP 500 $SPY – over 200 ma on 60 mi, support 278.60, resistance 283.77, that’s your range for Monday.
$SWIR Sierra Wireless – Momentum stock on the day reviewed on video (moving averages). Nearing 50 MA resistance on weekly chart.
$GPRO GoPro – Testing 50 MA on weekly, up 20% on day, last time it used 100 MA for resistance.
GOPRO (GPRO) Ups 20% on earnings. 50 MA test on weekly intra and backed off at 100 MA last run up $GPRO #swingtrading #earnings
Netflix $NFLX – 337.64 is main structural support. 421.70 is key resistance area. When it got the 200 MA on the hour previously is where we traded the buy sell triggers to the bullish side. 307.44 296.19 283.80 are supports and we’re looking for a long at end of retrace. At 309.70 I am interested in a long would prefer 284.18 could even sell in to 254.91 structural support. Detailed trendlines are discussed in video. Levels quoted will change on trend lines. 368.61 quad wall 377.20 200 MA 380.24 resistance area intra day. If I’m right we’ll get a bounce to the 379 area around 200 MA. Trading plan scenarios are discussed on video with various technical levels to watch.
GSI Technology $GSIT – Other side of earnings, has held previous lows, last report had indicators indecisive and it still is. Trade alert alarm set at 50 MA for a watch.
American Express $AXP – Was going to daytrade it and start sending out trade alerts on AXP but it keeps failing the break out I’m watching on the weekly chart. Indicators are flat and that’s a problem.
Barrick Gold $ABX – Main pivot has worked on charting alerted to members in the swing report. Likely sees the 8s before it bounces. Trading 11s.
Solar ETF $TAN – Same with this chart, the pivot has worked but there isn’t enough to make a bias decision.
TWILIO $TWLO – Daily chart, trending stock. Have to wait for earnings this week to make a decision.
TWILIO (TWLO) Over 20 MA on daily chart with stochastic RSi turned up, watching trend structure in to eanrings in one day. $TWLO #chart #earnings
$WYNN – Wash out territory on the daily. Sent out trade alerts on the $WYNN trade and we did okay but it is difficult to leg in to this trade. Set alarm to be alerted when Stochastic RSI turns.
Metals and Mining ETF $XME – Red line is a large structure weekly chart major pivot on the chart. Over 39.50 is a watch for a long side trade. Slight bullish bias.
Transocean $RIG – Not a clean set-up at this point. Support 11.76, 15.65 is resistance. 10.84, 9.71, 11.50, 7.84 in a sell-off.
Energy Sector Fund $XLE – Trading 75.05 Stochastic coming down on daily, over its previous highs it’s a long but it is really indecisive at this point.
Steel ETF $XLF – Daily SQZMOM on its way down but there is a pinch and coil on the 200 ma, slight edge to the bulls. The weekly chart looks better but it’s coiled around main pivot. It’s a decision area.
$SLX – MACD is coming down on weekly and indicators are indecisive at this point.
United States Steel Corp $X – Bear advantage. MACD on way down on weekly chart and has lost its 50 MA.
#swingtrading #earnings #tradealerts
Charts and Chart Links re: Member Version.
(Mailing list versions that may be made available from time to time may not include charting or chart links and may or may not be published in a timely rotation).
I get a lot of Questions about How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min.https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
I personally guarantee our swing trading service is one of the best in the business and it’s very reasonably priced considering the technical expertise invested in the platform (Lead Trader).
IMPORTANT: This video gets in to detailed trading levels to watch in your swing trades and also had a number of how to use our charting explanations. Very important to review the video and not just the summary below.
Mid Day Member Webinar – Swing Trading Set-ups Summary (from July 30 mid day, published August 5, 2018):
Forward:
Swing Trading Special Earnings Season Report to cover trading the chart set-ups. Mid day review sessions will become the premise for our next major Q3 and Q4 positioning in the stock market.
We are reviewing all one hundred equities we have in coverage on our swing trading platform – all over the next ten days or so for earnings trading season.
Trade alerts are reviewed in this video that triggered today.
Be sure to actually watch this video as the summary below is only for reference and doesn’t give a whole picture for any of the trade set-ups listed.
All quoted support and resistance are approximate.
SP500 $SPY
Trading 280.14, 200 MA on 60 min under trade, support 278.60, target Aug 2 11:00 278.60 range, if it gets a bounce 283.75 Aug 13 is price target to upside. Volatility is up in the first day of new volatility time cycle. Next $VIX cycle ends Dec 24 approx. Resistance 283.70 on SPY.
Our trade alerts as they relate to market inflections are reviewed on video.
US Dollar $DXY
Still in structure respecting resistance. Up over resistance then there could be a significant move up to next structure resistance on chart reviewed.
OIL $WTI $USOIL – oil trade on the day is reviewed. Weekly price targets are reviewed from EPIC oil algorithmic model
ALLERGAN (AGN)
Trading channels on the AGN chart are reviewed as are various charts.
The Allergan trade alerts as they progressed, time cycles, and buy sell triggers on $AGN are discussed on the video. This type of charting (structured charting) is also discussed and may help students of the market – some trade coaching notes here.
How this relates to our algorithmic charting models, machine trading and the timing of our Sept 14-16 Cabarete Trade Coaching event is discussed.
Black box algorithmic charting is discussed at this point in the video.
Our specific trading services platform / roll-out schedule is also discussed.
The calls specific to our trade alerts and trading in AGN are reviewed in detail.
Quant funds, lies in the markets, media selling fear and what people (retail) want to hear and why retail loses are also discussed on the video for our trading students.
INTRA CELLULAR (ITCI) Closed Friday 20.90, main resistance 24.77, support 19.75, 24.60 price target Set 6 if bullish. $ITCI #swingtrading #chart
PURE STORAGE (PSTG).
If you are using these charts and you want to get rid of the indicators at the bottom so that the chart model is easier left click twice on field area to get rid of indicators at bottom.
Pure storage earnings in 26 days (as of date of video). Indicators and support and resistance are reviewed on video.
Again, structure of charts is discussed on video.
The massive chart channel is reviewed.
Support / resistance levels and price targets are discussed in detail for Pure Storage on the video.
PURE STORAGE (PSTG) closed just above key support last Friday – important time of week for a stock to trade just above key support level $PSTG #swingtradingThe structured trading we have done in this trade along with trade alerts are discussed in video.
G1 THERAPEUTICS (GTHX)
Our swing trade success in G1 is discussed on the video as well as the various support and resistance levels on the charting, trade alerts ad price targets.
Bullish trade trajectory on this equity is awesome (see trade between diagonal green target trajectory lines) and the channel trade is in is now noted on the charting (yellow).
SNAP INC (SNAP) Earnings Trade Chart (Earnings in 2 days).
SNAP is not an easy stock to trade – we provide the specific levels to watch in earnings in two days.
The chart below is an updated version for earnings and is very detailed with all support, resistance, price targets, time cycles, trade trajectory lines and more.
SNAP closed Friday 12.73, it has supports at 12.33 and 9.99 in a sell-off. The SNAP chart has resistance at 14.66. Next time cycle ends Sept 6 on the chart with upside scenario 14.66 area and 9.99 area on the same day. In a total sell-off 7.64 is the next downside support.
SNAP INC (SNAP) How to trade SNAP earnings chart, support resistance price targets time cycles. $SNAP #swingtrading #chart #earnings
ARROWHEAD PHARMA (ARWR)
My trading plan and trade alerts for ARWR are discussed in detail on the video. The trading channel, price targets, earnings plan, trade sizing, price support and resistance and moving averages are reviewed. The chart below highlights the current trading structure on ARWR with a highlighted triangle drawn on the chart (outlined in green).
How the market responds to earnings in two days will decide how I will trade ARWR post earnings.
ARROWHEAD PHARMA (ARWR) Closed Friday 14.54 earnings in 2 days, main resistance 16.41 23.79 support 8.84 $ARWR #earnings #chart
ALPHABET (GOOGL)
All the future forward price targets are discussed on video for Google post earnings. In addition to a swing trading chart for Google I have also included a daytrading chart below for daytraders.
ALPHABET (GOOGL) Daytrading chart with lower time frame support and resistance levels for daytraders. $GOOGL #daytrading #chart
Health Innovations (HIIQ)
Upside and downside price targets on the chart. Careful with resistance test in progress and the divergent trade possibilities. The upper channel is also being tested so an over bought retrace is very likely here. Congrats to longs on this swing trade alert. Hit bullish price targets early.
Health Innovations (HIIQ) ripped through the chart structure in a fantastic way. Careful above channel resistance. $HIIQ chart. #swingtrade
FACEBOOK (FB)
Facebook has got a bounce up since our alerts during the panic sell-off. The wash out trade set-up in the sell off is very similar to the last, and we killed the last swing trade set up in a sell off. We’re expecting another big trade here. All levels on chart and explained in video.
Click here for the previously published exclusive member reports for swing trading Facebook:
FACEBOOK (FB) Closed 177.78 Friday with 181.80 trajectory price target Aug 8 then 195.00 Aug 27. $FB #swingtrade #chart
TWILIO (TWLO)
Video reviews all levels going to earnings and chart below is an update since the mid day review. TWILIO has earnings this week and will be one of my main watches. MACD has been trending down on the daily chart and I am interested in a cell-off hopefully to 100 MA for a bounce play possibly. A significant wash-out snap back scenario would be best post earnings. We will see what happens.
TWILIO (TWLO) Over 20 MA on daily chart with stochastic RSI turned up, watching trend structure in to earnings in one day. $TWLO #chart #earnings
TWILIO (TWLO) Over 20 MA on daily chart with stochastic RSi turned up, watching trend structure in to earnings in one day. $TWLO #chart #earnings
HI-Crush Partners (HCLP)
Hi crush has the potential to be a big trade. I’m watching the 200 MA slowly make its way down and I am hoping for a breach of it with price. I have it on watch and will produce a chart model should we engage a trade. Last week trade closed at the bottom of the weekly channel range in the 13.30 area. Hoping for a significant ROI on this one.
$MYND is reviewed on the video, it was one of the momentum stocks for last week. I am watching it for a daytrade going in to next week.
CELGENE (CELG)
There was a report on Celgene June 12 put out. We have had much success with this stock this year. Longs need to trim in to the Aug 8 price target resistance. Over its 200 MA currently.
CELGENE (CELG) Price target 95.90 Aug 10 in play. Main chart support at 86.28. Bullish formation. $CELG #swingtrading
EAGLE MATERIALS (EXP)
Eagle has been a very predictable chart. It is currently bouncing near recent bounce areas. Watching for a possible long trade, more likely after the time cycle on the chart expires but price will determine action. The trading quadrants on chart structure are discussed on video.
EAGLE MATERIALS (EXP) Bounced near support, watching for a possible long as it has bounced here prior. $EXP #Chart #swingtrading
FITBIT (FIT)
If I had the time to publish another special trade report of FITBIT I would, but I don’t. The lats time we killed the wash out trade and it’s setting up again. Closed 5.46 Friday post earnings in a wash out sell off and this week over 5.61 with structure is a long to 6.66 etc. All levels are on the chart. All the price targets, time cycles, trade trajectories, support and resistance area etc are included on the swing trading chart below.
Click here for a previously published member exclusive report on trading FITBIT:
FITBIT (FIT) Earnings wash-out swing trade setting up here. Levels on chart and this post $FIT #swingtrading #earnings #chart
OAKTREE CAPITAL GROUP (OAK)
We are watching this very close here. The upside targets on OAK chart are very aggressive. We did well in it post election and are looking for another. The news article below does have some insight for investors.
US SILICA HOLDINGS (SLCA) Under 200 MA post earnings near historical bounce area. On watch with MACD up. $SLCA #chart
Charts and Chart Links re: Member Version.
(Mailing list versions that may be made available from time to time may not include charting or chart links and may or may not be published in a timely rotation).
I get a lot of Questions about How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min.https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
I personally guarantee our swing trading service is one of the best in the business and it’s very reasonably priced considering the technical expertise invested in the platform (Lead Trader).
Swing Trading Report. In this detailed Special Earnings Season (Member Edition) Aug 3, 2018: $TSLA, $FB, $HIIQ, $GTHX, $PSTG, $FIT, $ATHM, $FEYE, $RCL, $SPY, OIL and more.
IMPORTANT: This video gets in to detailed trading levels to watch in your swing trades and also had a number of how to use our charting explanations. Very important to review the video and not just the summary below.
Mid Day Member Webinar – Swing Trading Set-ups Summary (from Aug 2 mid day, published August 3, 2018):
Forward:
Swing Trading Special Earnings Season Report to cover trading the chart set-ups. Mid day review session from August 2, 2018 that will become the premise for our next major entries for Q3 and Q4 positioning in the stock market.
We are reviewing all one hundred equities we have in coverage on our swing trading platform – all over the next ten days or so for earnings trading season.
Trade alerts are reviewed in this video that triggered today.
Be sure to actually watch this video as the summary below is only for reference and doesn’t give a whole picture for any of the trade set-ups listed.
Notices are reviewed in the first 5 mins of video FYI.
All quoted support and resistance are approximate.
Swing trades reviewed on this video: $TSLA, $FB, $HIIQ, OIL, $GTHX, $PSTG, $SPY, $FIT, $ATHM, $FEYE …
TESLA $TSLA – A review of the Tesla chart structure on video. Elon Musk fired up bulls on earnings conference call.
384.00 resistance and 435.38. Sell-off support 280.00 and 176.23 (main structural supports). But now at important resistance test area.
Nov 20 price target, upside trajectory 383.40. Trading range structure for trading TESLA with trims and adds is drawn by lead trader highlighted on video.
Significant resistance is shown on video at various points (Fibonacci quad walls – trendlines etc).
Health Insurance Innovations $HIIQ – Trading 42.75 price target 44.50 trade alert to trim went out today, next target 49.10 then 54.80 (divergent above channel), 40.20 support. Careful with trajectory noted on video.
Predictable charting trade structure. Channel is outlined. Symmetry shown in price targets hit. Trade alert entry long discussed. Trade trajectory is also discussed.
Health Innovations (HIIQ) Trade has hit our bullish price target early, trim longs here $HIIQ chart. #swingtrade #earnings
50 MA used as resistance on last sell off. Trading 5.48 down 7.5% today on other side of earnings. Likely over sold soon. Next time cycle completes Aug 14, 2018. Upside 5.60 6.67 7.72 are upside targets. Get ready for a turn. On watch here.
FITBIT (FIT) On close watch for an oversold bounce and trend reversal post earnings. $FIT
FIREEYE Inc. $FEYE – trading 15.09 on other side of earnings, downside 13.14 Sept 17 target, upside 16.24 19.29 Sept 17. Likely oversold soon also. Probability is for a turn. On watch closely for a trade. Main resistance 16.26.
Time cycles, machine trading liquidity, rule-set coding machine trading strategies and financial instrument chart trading structures on our algorithmic charting is discussed in detail here on the video. This explains how our win rate is so high.
FIREEYE (FEYE) Fireeye likely oversold soon also. Probability is for a turn. On watch closely for a trade. #swingtrade $FEYE
G1 Therapeutics $GTHX – Earnings in 6 days, wonderful swing trade in progress here, 58.14 upside price target (most bullish), this trades with large intra-day swings, also a good daytrading instrument, 58.21 resistance. Trims today at quad wall resistance.
A review of our trade alerts feed on Twitter is at this point in the video.
G1 THERAPEUTICS (GTHX) Trims today at quad wall resistance worked well.
G1 THERAPEUTICS (GTHX) Trims today at quad wall resistance worked well. $GTHX #swingtrade
Pure Storage $PSTG – trade alert triggered while doing video, closed just above key support last Friday – important time of week for a stock to trade just above key support level. Trading 22.53 earnings in 24 days, trading right at decision, price target Oct 1 25.78 29.20 (bullish). Downside 19.19 15.90 in event of sell-off.
PURE STORAGE (PSTG) closed just above key support last Friday – important time of week for a stock to trade just above key support level $PSTG #swingtrading
A recent special report we published on trading Pure Storage:
Royal Caribbean $RCL – up over its mid quad resistance, 200 MA is right above and up against a quad wall, not a buy until over 188.70 because it has a number of decisions.
Price increases going in to the fall are discussed.
$SPY SP500 – Trading 281.74, followed quad wall down, 200 MA under price where price bounced, 283.68 resistance, price target 299 Aug 2 (not happening), Aug 13 time cycle price targets 283.82 and bullish 294.20 support for a sell-off 278.56, 273.67 in sell off 267.88 and 262.00.
SP500 (SPY) Chart – Closed at intra resistance with mid quad resistance next. $SPY
SP500 (SPY) Chart – Closed at intra resistance with mid quad resistance next. $SPY $ES_F $SPXL $SPXS #SPY #SwingTrading #Chart
OIL FX $USOIL $WTI – Price hit the Tues 4:30 target and Wed 10:30 AM EIA price target on the EPIC Algorithm model. Got a a serious bull side move off bottom channel support earlier today (the team was traveling so we missed it). Various levels discussed on video.
Charts and Chart Links for Member Version Only
(Mailing list versions that may be made available from time to time may not include charting or chart links and may or may not be published in a timely rotation).
If you have any questions about this special earnings trading report message me anytime.
Cheers!
Curt
I get a lot of Questions about How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min.https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
I personally guarantee our swing trading service is one of the best in the business and it’s very reasonably priced considering the technical expertise invested in the platform (Lead Trader).
In this Special Earnings Season Swing Trading Report: OIL, $RIOT, $TORC, $SPY, $DXY, $EDIT, $GTHX, $ARWR, $PSTG, $AMBA, $COTY, $FSLR, $AAOI, $HIIQ, $LITE, $CALA and more.
IMPORTANT: Do not miss listening to the actual video for earnings trade levels on these charts. Reviewing just the notes below is not sufficient. Many of these set-ups will be traded and as was so the last earnings and times before significant ROI for the year is gained setting up positions during earnings season. Also, even if the video was recorded days earlier the trading structure of the charts is still in play for the earnings trade set-up.
Mid Day Member Webinar Chart Swing Trading Set-ups Summary (from July 25 mid day, published July 29):
Swing Trading Special Earnings Season Report (member version) that will become the premise for our next major entries.
This is the mid day review video from Wednesday July 25, 2018 of last week. The charting updates apply today as they are focused toward the swing trading platform. We didn’t have time to post the video and report until now.
We continue in this series to review the 100 equities on our swing trading platform in about ten days in lieu of the one regular weekly swing trading report (covering about 1/5 per week). The objective is to cover all the charting trade set-ups during earnings season. This doesn’t mean we can include new charting for each as each are reviewed on the video.
The equities on this report are in reference to our regular Swing Trading report that was last published June 20, 2018 on regular rotation (for referencing charts as you need).
Not reviewing the video details (trading plans) is not advised because there is detailed trading plan information in this video.
FX $USOIL $WTI #CL #OILTrading – A quick look at the oil algorithm charting. I had about ten trades today, our machine trading side had 30 – 40 oil trades. My personal monthly month oil trading win streak continues. See special report to follow, the report will also have an intra day chart for members (charting our machine trading thesis is formed via).
$RIOT – See special report (to follow) on the daytrade and how we did it.
RIOT BLOCKCHAIN (RIOT) over 200 MA on 240 Min chart closed 8.40 with trade entries 7.30s today. #trading $RIOT
RIOT BLOCKCHAIN (RIOT) over 200 MA on 240 Min chart closed 8.40 with trade entries 7.30s today. #trading $RIOT
US Dollar $DXY – Dollar is at main pivot in structure of chart.
$SPY – SPY is at pivot also. Review recent videos. Near buy trigger trim near 284.94.
$TORC – was the the premarket momo, we didn’t take a trade, it did nothing at open.
$TORC Premarket up 142% trading 21.79 on lock up exp, results, short interest. $TORC #daytrading
$TORC Premarket up 142% trading 21.79 on lock up exp, results, short interest. $TORC #daytrading
$EDIT – I am in 33.43 1/3 sizing. 34.86 resistance on model. Will add on pull backs at supports or channel. I think it will get near bottom of channel and then I’ll add. Earnings in 18 days. Video shows trading plan on EDIT chart.
EDITAS MEDICINE (EDIT) Sell-off nears key support 27.95 for an add to swing, trading 29.70 Friday $EDIT #swingtrade #alerts
EDITAS MEDICINE (EDIT) Sell-off nears key support 27.95 for an add to swing, trading 29.70 Friday $EDIT #swingtrade #alerts
$GTHX – Long swing trade entry 49.63 1/3 sizing. Total sizing is never more than 3% of account sizing. So at 1/3 there is no stress. Set a trim 50.99 alerted it and trade missed trim trigger by 2 cents. Details of GTHX trading plan shown on video.
G1 THERAPEUTICS (GTHX) Over mid quad key support in swing trade long here. Targets on chart. $GTHX #swingtrade
G1 THERAPEUTICS (GTHX) Over mid quad key support in swing trade long here. Targets on chart. $GTHX #swingtrade
$ARWR – Long swing trade from yesterday 17.24 entry, over mid quad support, Resistance at 19.50 quad wall and Fib line, pivot 16.42, main support 12.84. Trade coaching comments toward using our charting at this point in the video. Important comments here on the video.
Trade coaching comments toward using our charting at this point in the video. Important comments here on the video.
ARROWHEAD Pharna (ARWR) Took first long side entry today on swing trade over mid quad pivot $ARWR
ARROWHEAD Pharna (ARWR) Took first long side entry today on swing trade over mid quad pivot $ARWR
$PSTG Pure Storage – trading 23.84 earnings 32 days, in the pinch in the quad, looking for 25.90 in to Oct 1 in trading plan – looking for trade. 29.13 would be ideal price target Oct 1 top of algorithmic channel on chart.
PURE STORAGE (PSTG) Closed Friday just above key support. Below targets 19.25 Oct 1 above 25.92. $PSTG #swingtrading
PURE STORAGE (PSTG) Closed Friday just above key support. Below targets 19.25 Oct 1 above 25.92. $PSTG #swingtrading
$AMBA – there was a special report published previously. Video shows users how to clone a simple trading model. Sitting on quad wall, price targets Aug 1 40.00, 30.63, 31.61. Looking for a pop around 36.09 and the possible long thereafter. Support 36.15 resistance 40.16 over 44.00 resistance. Time cycle Aug 1 termination. Earnings 39 days. 49.30 upside target in a long scenario. Video details the trading plan in AMBA.
Ambarella (AMBA) Above the mid quad just above is a long in to earnings and under a short – trade in direction of price targets on chart. $AMBA #earnings #swingtrading
Ambarella (AMBA) Above the mid quad just above is a long in to earnings and under a short – trade in direction of price targets on chart. $AMBA #earnings #swingtrading
Ambarella (AMBA) Note the chart symmetry in last sell off hitting mid quad each rotation in structure. $AMBA #chart #symmetry
Ambarella (AMBA) Note the chart symmetry in last sell off hitting mid quad each rotation in structure. $AMBA #chart #symmetry
$COTY – has been in our coverage for about a year, hasn’t been great and not looking at trading it.
$FSLR First Solar – trading on 200 MA weekly chart structure, Stochastic RSI is up, indicators are week, if price gets above the 20 and 50 MA and 20 MA breaches 50 then it is a long. Sidewinder setup possible and on watch. Video explains the trading plan. Resistance 86.42 if it gets bullish. Earnings in a day.
FIRST SOLAR (FSLR) Looking for a trade either side of 200 MA on the weekly chart. Testing now. $FSLR #swingtrading
FIRST SOLAR (FSLR) Looking for a trade either side of 200 MA on the weekly chart. Testing now. $FSLR #swingtrading
$AAOI – was my nemesis from last year, AAOI over it’s 200 MA earnings in 8 days, history reviewed on video on company over last year, if this earnings hits 49.37 is the first price target, 71.48 is my personal target (aggressive hope), most bullish (not likely) 92.77 all Oct 16, 2018. Trading 38.83 intra day, in a sell-off support 27.59, 200 MA support and 100 MA support in play 35.35, horizontal FIB support 32.86, 33.01 quad wall support, range support 27.59 (major range support). Double bottom 22.90 area – would hit that very hard if it occurs.
APPLIED OPTOELCTRONICS (AAOI). It’s all about earnings in 3 days now. Looking for a sizeable trade on other side of ER. $AAOI #trading #earnings
$HIIQ – mid quad main pivot for structure is where trade is and earnings are coming in 11 days, trading 31.90 intra day, moving from buy sell trigger to buy sell trigger, if it holds that 31.05 it’s a long side trade with a target 35.70 Aug 13 right after earnings, downside 31.10 price target in sell-off and 26.65 for same time frame mid Aug. Trading plan discussed on video.
Health Innovations (HIIQ) Testing key support with earnings in four days, will be looking for a trade post earnings $HIIQ chart. #swingtrade #earnings
Health Innovations (HIIQ) Testing key support with earnings in four days, will be looking for a trade post earnings $HIIQ chart. #swingtrade #earnings
$LITE – I’m watching this one close for a sizeable trade in Q3 and Q4. MACD cross down Stoch RSI near bottom. trading 53.75 at mid quad pivot, earnings 16 days, would be surprised if it doesn’t gap up, Recent downtrend was over done in my opinion. 51.25 support, 53.85 pivot, 56.55 resistance then 200 MA, then 60.00 ish range. 65.05 price target in upside trade scenario.
LUMENTUM HOLDINGS INC (NASDAQ LITE) Coming in to earnings at key mid quad, looking for trade other side of ER $LITE #swingtrade #earnings
LUMENTUM HOLDINGS INC (NASDAQ LITE) Coming in to earnings at key mid quad, looking for trade other side of ER $LITE #swingtrade #earnings
$CALA – on other side of July 9 time cycle expiry, trading 4.40, nailed the price target on the short side alerted, 10.75 is a price target May 23, 2019 on upside move if it happens. This is a possible double ROI trade. 2.76 support. Main resistance 8.55. Fib resistance 6.20. Quad wall support. This is a long for sure if it turns bullish. I don’t hold through earnings typically.
CALITHERA BIOSCIENCES (CALA) Time cycle switch here should see some upside. Price targets on chart. $CALA #swingtrade
CALITHERA BIOSCIENCES (CALA) Time cycle switch here should see some upside. Price targets on chart. $CALA #swingtrade
#swingtrading #charting #tradecoaching
Charts and Chart Links for Member Version Only
(Mailing list versions that may be made available from time to time may not include charting or chart links and may or may not be published in a timely rotation).
I personally guarantee our swing trading service is one of the best in the business and it’s very reasonably priced considering the technical expertise invested in the platform (Lead Trader).
How to Trade Alphabet (GOOGL) Post Earnings. Google Stock Trade $STUDY and Preparation. Technical Charting for Swing Trading, Day Trading and Investing. Member Edition of Report.
Trading Plan for Alphabet (GOOGL), July 29, 2018.
Google has been an excellent swing trade / investment for our team and the alerts and charting have been spot on. The post below revises our existing charting and brings more specific levels to the trade of this instrument for shorter time frames (even daytraders will be able to take advantage of the levels) and of course longer term investors / swing traders.
There is wisdom in timing your entries as well as trimming and adding at key points in the chart structure.
I have always said to simply buy and hold the Google stock and don’t look at it, however, there is wisdom in timing your entries as well as trimming and adding at key points in the chart structure.
Also, this week the key support area could touch in trade and this would present an excellent day trade scenario (or weekly trade scenario for daytraders to add and trim through the chart structure).
ALPHABET (GOOGL) The projected July 3 target area did hit (albeit a bit late), current trade structure on chart, price came off at Fibonacci resistance / quad wall (diagonal down slope Fib trend line). $GOOGL
1320.20 is key range resistance.
1294.89 Fibonacci resistance and quad wall area price came off.
1263.00 Fib resistance.
1257.80 Fib resistance.
1252.89 trading intra.
1211.80 key range support.
1102.74 key range support one leg down in a sell-off.
Keep in mind the diagonal up trend yellow lines that illustrate the algorithmic channel. Above the channel is considerably over bought, mid channel (dotted yellow) has been historical buy zone and below that (yellow bottom channel line) is the bottom of the channel. Price is not visiting the bottom of the channel, but in a sell-off scenario this will be a considerable buy zone to contemplate.
Current trading range is highlighted in the green triangle. For shorter time frame traders long near bottom of the triangle and short at the outter upper edge of trading structure (triangle) are key points for trimming longs and adding etc.
Upside is limited here for new entries unless price nears the mid channel (dotted yellow).
Also pay attention to those trajectory lines (green) from target to target, you will find trade will react to those areas. This should only be considered for short time frame trims and adds.
Most probable Google price target is 1320.20 October 24, 2018
Most probable Google price target is 1320.20 October 24, 2018 but the 1440.00 area at top of channel on October 24 is also possible.
In a sell-off 1211.80 area is likely and in considerable sell-off look to 1102.00 then 994.00 on same Oct 24, 2018 time cycle peak – unlikely but noted.
Our Google Trading Plan:
We have been long for some time (in accordance to alerts and swing trading member reports), we are trimming at top of this trading structure (triangle in green) and adding at bottom of structure until the structure is broke and then we will move to the next.
I personally guarantee our swing trading service is one of the best in the business and it’s very reasonably priced considering the technical expertise invested in the platform (Lead Trader).
In this Special Earnings Season Swing Trading Report: $HCLP, $HIIQ, $LITE, $GTHX, $ITCI, $IBB, $PSTG, $ARRY, $AGN, $EDIT, $AXP, $FB, $GOOGL, $AMZN, $VFC, $FIT, $EXP, $XRT, $ARWR, $AMD and more.
IMPORTANT: This video did not work on the monitor that was recording the video (the audio did work however, so I included it for those that wish to listen to further detail). In lieu of the video charting I have included charting below for all the tickers discussed and more in this special earnings report.
Mid Day Member Webinar Chart Swing Trading Set-ups Summary (from July 26 mid day, published July 29):
Swing Trading Special Earnings Season Report (member version) that will become the premise for our next major entries.
Stocks reviewed in this series for earnings: $HCLP, $FB, $HIIQ, $LITE, $GTHX, $ITCI, $IBB, $PSTG, $ARRY, $AGN, $EDIT, $AXP, $GOOGL, $AMZN, $VFC, $FIT, $EXP, $XRT, $ARWR, $AMD.
We are reviewing all one hundred equities we have in coverage on our swing trading platform – all over the next ten days or so for earnings trading season.
Members can refer to the previous swing trading report for charting to reference in the video (if not included below).
4 days in to 10 days of covering the 100 equities we cover regularly in our swing trading platform to be sure we’re on top of earnings.
$SPY – over 282.52 targets 284.96, 288.75 Aug 2 bullish price target with bearish target below per chart.
Oil – video explains recent oil trades.
$FB Facebook earnings wash-out trade. Refer to special reports published.
US Dollar $DXY – refer to chart structure and algorithmic reports.
American Express AXP – All time highs, 103.11, threatening break-out. See chart report below. Will be daytrading it Monday in hopes of getting a swing trade established.
$HCLP – Hi Crush Partners Testing 200 MA on weekly with Stochastic RSI turn up, MACD turn on weekly. Looking for big trade. #swingtrade #daytrade
$HIIQ – testing key support end of last week, earnings trade setting up here. 31.15 support, 33.20 resistance, 26.60 main support below, also a channel on chart with 35.55 main resistance and even 40.10 most bullish possible Nov1, 2018 (pending earnings action).
$LITE – under main structure resistance 53.95 trading 53.90 but stoch RSI is starting to turn up, earnings in 15 days,
$EDIT – see chart for explanation and video audio for trade plan.
$GTHX – expecting a good swing trade I’m in, 58,25 is first target Aug 27, trading 49.50 with earnings in 17 days.
$PSTG – see video for swing trade set-up below and audio on video for all support and resistance descriptions on chart.
$AMD – 17.02 support, 19.34 resistance, 18.16 trading intra, Aug 15 PT 19.39. Most bullish scenario 24.10 on time cycle expiry Aug 15, 2018. 16.98 is support and bearish scenario. Trading plan explanation on video.
$ARWR – in swing 1.3 sizing, up on day, swing structured so far. 17.15 range alarmed for an add. 19.50 Aug 22 price target for swing trade.
$AGN – see chart in report. 191.00 Sept 6 price target on my swing trade. 198.69 main resistance, 165.46 main support. Trading 177.06 intra. Listen to audio on video for various trade plan indicators and levels to watch for.
Referencing the June 20 swing trading report:
$XRT – various levels explained on video for upside and downside trading the set-up.
$EXP – sideways action, refer to last swing trade report for it for chart, trading really technical, support 105.07 earnings 4 days. Bullish 117.71, bearish 95.63 and 73.81 in major sell off. Upside most bullish 139.86. Trading 105.24. Nov 2 2018 is target date for quoted levels at end of time cycle.
$FIT – refer to special report sent out to members, the trade was one of the best this year, 5.61 main structural support, main resistance 6.65, under 50 MA. Currently testing resistance. 7.72 Aug 14 most bullish target, 6.66 below that, 5.57 and 4.54 bearish targets same date. Most probable 5.57 based on trend.
$VFC – trading 93.43 testing previous highs, interested in its break out if it trades above in to Monday.
$GOOGL – trading 1277.88 well above it’s moving averages, it’s a buy and don’t look. 1320.00 resistance, 1211.50 support, 1425.00 Oct 23, 2018 price target, in a sell off 1211.56 and 996.16 in a sell-off to serious bearish side.
$AMZN – not interested in chasing anything that extended over its moving averages, will wait for pull backs for entries.
Stocks Reviewed Specifically on the Video Above:
Below is an excerpt from the Special ALPHABET (GOOGL) Trading Report found here (refer to report for more detail):
ALPHABET (GOOGL) The projected July 3 target area did hit (albeit a bit late), current trade structure on chart, price came off at Fibonacci resistance / quad wall (diagonal down slope Fib trend line). $GOOGL
1320.20 is key range resistance.
1294.89 Fibonacci resistance and quad wall area price came off.
1263.00 Fib resistance.
1257.80 Fib resistance.
1252.89 trading intra.
1211.80 key range support.
1102.74 key range support one leg down in a sell-off.
Keep in mind the diagonal up trend yellow lines that illustrate the algorithmic channel. Above the channel is considerably over bought, mid channel (dotted yellow) has been historical buy zone and below that (yellow bottom channel line) is the bottom of the channel. Price is not visiting the bottom of the channel, but in a sell-off scenario this will be a considerable buy zone to contemplate.
Current trading range is highlighted in the green triangle. For shorter time frame traders long near bottom of the triangle and short at the outter upper edge of trading structure (triangle) are key points for trimming longs and adding etc.
Upside is limited here for new entries unless price nears the mid channel (dotted yellow).
Also pay attention to those trajectory lines (green) from target to target, you will find trade will react to those areas. This should only be considered for short time frame trims and adds.
Most probable target is 1320.20 October 24, 2018 but the 1440.00 area at top of channel on October 24 is also possible.
In a sell-off 1211.80 area is likely and in considerable sell-off look to 1102.00 then 994.00 on same Oct 24, 2018 time cycle peak – unlikely but noted.
Our Google Trading Plan:
We have been long for some time (in accordance to alerts and swing trading member reports), we are trimming at top of this trading structure (triangle in green) and adding at bottom of structure until the structure is broke and then we will move to the next.
FACEBOOK (FB) Closed Friday just above 50% Fibonacci retrace pivot in trading structure alerted to members $FB #swingtrade #daytrade
FACEBOOK (FB) Closed Friday just above 50% Fibonacci retrace pivot in trading structure alerted to members $FB #swingtrade #daytrade
AMAZON (AMZN) Daily chart – watching for Stochastic RSI and MACD to turn back up for possible long trade. $AMZN #swingtrading
Per comments above and in video (audio) “$AMZN – not interested in chasing anything that extended over its moving averages, will wait for pull backs for entries.”
The upper price target for Sept 6, 2018 at this point is still in play at 24.60 (follow green arrow trajectory). If mid quad support (Fibonacci support) at 19.77 is breached to downside then the mid price target (yellow arrow) or lower price target red arrow are in play. Notice the technical trade as trade has used the trajectory of the green arrow trending toward the upper price target has been used as resistance in trade and trade close Friday at the quad wall support (diagonal Fibonacci up trending trend line – orange dotted).
The white arrows on the chart are your main buy sell triggers. They represent important Fibonacci levels. When price breaches the buy sell trigger down then bias is to the short side to the next price buy sell trigger only if the trading trend is in that direction (trajectory). The opposite is true if price breaches to the upside. Each horizontal line or diagonal line and moving average then becomes a support or resistance test as price trends toward the next appropriate target.
The red horizontal lines are conventional historical support and resistance that can be used for timing intra day entries or trims as needed.
Also note that trade is still above the 200 MA on this daily chart structure (bullish at this juncture of trade). If trade turns back up it will be interesting to see if it turns before price gets to the downside and hits the 200 MA test. Note last time price did fall below the 200 MA on the daily BUT PRICE REVERSED AT THE QUAD WALL. This is important as it displays the importance over the quad wall support and resistance areas on the charts. And note, the 200 MA was used as support the time prior to that. The point being, all the lines on these charts are important and as a trader that does not like to lose and wants to receive the greatest ROI on each trade, I rely on entries and exits with the “lines” or indicators on these charts to ensure I see an addition 10, 20, 30% on every trade simply because I know where the machines will execute liquidity in to each decision of trade in the structure of the instrument being traded. This allows for precision trading – this is important for swing trading and investing, not only daytrading.
The last important observation on this chart structure is the symmetry. Symmetry is another word for Sesame Street in charting. Look at the price targets. The last two upper quadrant price targets were hit, the first had price over shoot some and the second the price under shot the price some. Nonetheless, there is symmetry and this will be weighted in my personal swing trading plan.
The charting observations above are representative of typical lesson points students receive in our trade coaching service.
The charting observations above are representative of typical lesson points students receive in our trade coaching service. Understanding the battle field layout (the charting or financial instrument structure) and the reasons to be long or short biased based on trade in the chart structure are key to your success as a trader – the importance of this are vital for daytrading, swingtrading and investing.
PURE STORAGE (PSTG) Closed Friday just above key support. Below targets 19.25 Oct 1 above 25.92. $PSTG #swingtrading
Not an easy stock to short, but if it loses key support a short may be okay if monitored closely. I would prefer a bounce here and a long in to the next price targets – preferably the 25.92 Oct 1 swing trade price target in a continued uptrend. Will monitor this one closely Monday.
ARRAY BIOPHARMA (ARRY) At chart trading structure support test, targets 18.37 on reversal or 13.39 on pressure. $ARRY #swingtrading #chart
Another stock I will be watching closely Monday for a possible reversal is Array BioPharma. It closed the week on this weekly chart structure at the quad wall support. If it turns up on positive indicators I’ll take a trade for the upside target. Yet to be seen. On watch.
AMERICAN EXPRESS (AXP) Closed Friday in clear break out post earnings. Will likely daytrade this Monday and maybe swing it if DT goes well. $AXP #daytrade #earnings
AMERICAN EXPRESS (AXP) Closed Friday in clear break out post earnings. Will likely daytrade this Monday and maybe swing it if DT goes well. $AXP #daytrade #earnings
Charts and Chart Links for Member Version Only
(Mailing list versions that may be made available from time to time do not include charting or chart links).
I personally guarantee our swing trading service is one of the best in the business and it’s very reasonably priced considering the technical expertise invested in the platform (Lead Trader).
How to Trade Facebook (FB) Earnings. Monday Trade in Facebook – Stock $STUDY Preparation. Technical Charting for Swing Trading and Day Trading. Member Edition of Report.
Trading Plan for Facebook, Inc. (FB), July 28 2018.
Monday I expect a big day for Facebook trade post earnings. What a fantastic opportunity to see some great day trading returns and possibly swing trade Facebook with large sizing.
In this follow-up report to the one published last week (Trading Facebook (FB) Earnings Wash-out on Revenue Growth Warning) are follow-up technical charting details for trading Facebook. The technical charts below will assist you on short time frame daytrading premarket and and market open and for entries toward swing trading possibilities.
If you are unaware of what occurred last week with Facebook earnings, this article explains:
The last time we traded a Facebook wash-out the trade was one of our biggest winners of 2018 (thus far). We nailed the bottom of the sell-off and we followed the trade through as it gained upside until today. We have been out of the trade for a few weeks now in anticipation for today’s earnings announcement.
Below is one of many alerts issued to members in the last Facebook sell-off, we were in nice and early and banked considerably as a result:
$FB Facebook long side trade from 153.40 Mar 28 buy side trigger now testing buy sell trigger 167.51. See chart notes. #swingtrading
$FB Facebook long side trade 153.40 Mar 28 buy side trigger testing buy sell trigger 167.51. See chart notes. #swingtrading
You can find the April 11, 2018 Facebook trade article from our blog here:
Facebook (FB) “On the Fly” Charting Model – Daytrading Chart with buy sell triggers for Monday. $FB #facebook #chart
Member version of this report is distributed in real-time (not delayed) and includes (in addition to a static chart) a link below to a live interactive Facebook daytrading chart on Trading View (with all technical levels).
Buy / sell triggers on the short time frame per chart (intended for short term day-trading):
153.51
160.59
167.61
174.60
181.60
188.79
FACEBOOK (FB) Closed Friday just above 50% Fibonacci retrace pivot in trading structure alerted to members $FB #swingtrade #daytrade
My trading plan includes watching the Fibonacci retrace pivot noted at 174.60. Trade above is a long to diagonal down slope trendline that trade used as resistance last week. I won’t likely be shorting as the sell-off likely has the stock in an over-sold position (to be determined).
If trade loses the pivot then I will be looking to the lower uptrending Fibonacci trendline (bottom of quad) for long positions and then trimming (as above) at Fibonacci downtrending diagonal quad wall.
For ease the chart has the lines highlighted in green. When trade moves to the next part of the trading structure I will trade the next structure in a similar manner.
The time price targets are on the chart as red circles and are always at the main buy sell trigger points at the mid quad, top of quad, and lower quad. Trade the FB stock in the direction of trend in the trading structure toward the price targets (date for each price target is listed at the bottom of the chart).
I will be trading FB in premarket Monday and the live trading room will be open. I will also send alerts to our Swing Trading and Day Trading alert feeds as possible as trade develops.
I personally guarantee our swing trading service is one of the best in the business and it’s very reasonably priced considering the technical expertise invested in the platform (Lead Trader).
Trade set-ups on this video; OIL, $WTI, $SPY, $DXY, $CELG, $RIOT, $ARWR, $GTHX, $EXTR, $EDIT, $IPI, $MBRX, $SOHU, $PDLI, $ESPR, $LPSN, $XOMA and more.
Mid Day Chart Swing Trading Set-ups July 24, 2018 Summary:
July 24 Swing Trading Special Earnings Season Report (mailing list version) that will become the premise for our next major entries.
Stocks reviewed on this 2nd video in the series for earnings: OIL, $WTI, $SPY, $DXY, $CELG, $RIOT, $ARWR, $GTHX, $EXTR, $EDIT, $IPI, $MBRX, $SOHU, $PDLI, $ESPR, $LPSN, $XOMA.
We are reviewing all one hundred equities we have in coverage on our swing trading platform – all over the next ten days or so for earnings trading season.
This is from June 24 report cycle (last time these equities were reported to members) and now reviewed July 24, 2018. Members can refer to that report for charting to reference in the video (if not included below).
OIL $WTI – Looking for a sizeable entry at decision on the resistance on-deck trading 68..81. Waiting on the decision either side of resistance.
$SPY SP500 – Near target hit in time frame from yesterday’s video alert long trigger over 281 ish and came close to price target 282.46. Missing most bullish target but close. 283.80 next resistance, then 285.24. Intra day support 281.10 main support 278.64 for quad trading range Aug 2. 289.07 Aug 2 bullish scenario targets 294.25 then 299.53 in the model.
US Dollar $DXY – main pivot 94.54 in this structure and trading intra day just above. 96.50 – 97 is upside bullish target if price gets over light blue downtrending TL line. Trading channels are also discussed on video as is lower support.
$CELG – 87.84 resistance at quad wall (down trending TL Fibonacci) upside targets if it runs 86.12 88.70, 91.60 96.10 July 25. Earnings in two days.
$RIOT – entries 7.30s to 7.60s ish today and released on its way up in to the 8s. Fantastic day trade. Swing trading most bullish price target resistance 9.70s.
$ARWR – Earnings 14 days trading 16.61 intra day, took a first 30% sizing trade on a swing long a little higher on the day. 16.25 main support. Will add on pullbacks at supports discussed in video. Low 20s is the price target range. Trading plan scenarios for upside and downside trade are discussed on video and sizing for each scenario.
$GTHX – Trade is at mid quad primary range resistance so a decision is near. 49.01 is buy side trigger if it holds on any given day at close. Main support 44.40 in structure. Pull back buy triggers are discussed on video.
$EXTR – Indicators are up but Stoch RSI is really high, short side alert worked, Sept 5th 7.16 lower price target in sell-off, support test at 8.49 trading 8.78. Earnings 15 days. If it gets bullish 9.29 resistance with 9.95 bullish target Sept 5 and I would be very cautious.
$EDIT – Algorithm model trade is predictable hitting price targets through the channel. Intra sitting on mid quad support and 200 MA. Channel in chart. Symmetry is excellent. Downside support is 30.53 quad wall intra, 28.00 support in sell off and 25.55 support. 27.93 price target Sept 29 in a downside. Trading plan discussed in video and how it should trade through the channel.
$IPI Intrepid Potash – 200 MA upside resistance on weekly chart. Would be nice to see MACD down and turn for an entry. Alarming chart for a possible breach of 200 MA to upside.
$MBRX – Main pivot 2.46 has held and this is a fantastic short each time it gets in that area of resistance.
$SOHU – Long long term trend is down, MACD trending down, earnings on deck in 6 days. Iffy chart, I would be cautious with this one.
$PDLI – Short side worked, we never did see buy trigger hit in dump, resistance areas for upside 2.92 3.05 3.21. Earnings in 12 days. Over 200 MA I may be interested in a trade.
$ESPR – Wash-out was an okay trade set up, MACD is about to turn up on the weekly structure, Stoch RSI is turned up. It is above 200 MA. Looking better. 49.60 main resistance trading 43.35. 20 50 MA weekly will be next resistance after 49.60. Trade trigger over 44.63 is a serious look.
$LPSN LivePerson – Indicators are all up, earnings in 8 days, bulls have bought in to earnings, main resistance 25.10 ish and support around 20.40 and trading 24.35 intra. Watching for a break over 25.10 ish. Not interested in a pull back buy unless it got to 20 MA. Watch the main resistance 25.90. Mid pivot main 23.50 (trading right above intra day).
$XOMA – Trade below bottom target, trading at main pivot intra day, not sure which direction it will take. Likely see some upside but unsure, 26.70 is main buy zone consideration. Will review then.
Charts and Chart Links for Member Version Only
(Mailing list versions that may be made available from time to time do not include charting or chart links).
For charts that are not included below but are on the video, members can refer to most recent swing trading report that has the chart and/or chart link.
I personally guarantee our swing trading service is one of the best in the business and it’s very reasonably priced considering the technical expertise invested in the platform (Lead Trader).
How to Trade Facebook (FB) Earnings Wash-out. Technical Charting for Swing Trading and Day Trading. Mailing List Edition of Report.
Facebook, Inc. (FB) plunged in after hours trade today falling from 218.62 high of day to 164.30 in a spectacular after hours trading session.
In this report are the technical charting details for trading Facebook in the coming days and weeks. The charts below will assist you on short time frame daytrading in premarket and market open tomorrow. Also included in this report are longer time frame daytrading levels and swing trading buy sell triggers for Facebook stock trade.
The reason for the sell-off is detailed in a Market Watch article from earlier today;
Facebook stock drops more than 20% after warning that revenue growth will take a hit
Facebook earnings include ‘nightmare guidance’ that lopped more than $100 billion off its market cap in after-hours trading.
“As I’ve said on past calls, we’re investing so much in security that it will significantly impact our profitability,” Zuckerberg said. “We’re starting to see that this quarter.”
The stock didn’t fall off a cliff until Chief Financial Officer David Wehner disclosed that the social-media giant expects the revenue-growth slowdown to continue.
“Our total revenue-growth rates will continue to decelerate in the second half of 2018, and we expect our revenue-growth rates to decline by high-single-digit percentages from prior quarters sequentially in both Q3 and Q4,” he said on the conference call. Wehner also said Facebook still expects expenses to grow 50% to 60% from last year.
The last time we traded a Facebook wash-out the trade was one of our biggest winners of 2018 (thus far). We nailed the bottom of the sell-off and we followed the trade through as it gained upside until today. We have been out of the trade for a few weeks now in anticipation for today’s earnings announcement.
Below is one of many alerts issued to members in the last Facebook sell-off, we were in nice and early and banked considerably as a result:
$FB Facebook long side trade from 153.40 Mar 28 buy side trigger now testing buy sell trigger 167.51. See chart notes. #swingtrading
$FB Facebook long side trade 153.40 Mar 28 buy side trigger testing buy sell trigger 167.51. See chart notes. #swingtrading
You can find the April 11, 2018 Facebook trade article from our blog here:
During the last Facebook sell-off swing trade price plunged in to the 150’s and the article link takes the trade step by step from the low 160’s.
When this first set-up I alerted it a number of times in different ways on different platforms – I even texted people and sent private messages. I was screaming this from the rooftops..
As time goes on in your trading life you learn over and over again how this particular type of set-up has profit written all over it. The secret however, is knowing where your trading chart structure is in advance of trade getting to that area of restructuring after the wash-out. Knowing that is key.
STEP 1: Getting in to the Facebook trade in premarket or at market open tomorrow morning (Thursday July 26, 2018).
The chart below will help you with short time-frame entries to get your positioning right, get on the right side of the trade so that you can then leg in to a sizeable swing trade if you want from there forward (pending trading action in the morning).
My trading plan for Facebook will be to do exactly that, daytrade it in premarket tomorrow with the objective of getting some profit side room in the trade so that I can leg in to a more significant swing trading position.
I should note that considering the company’s guidance on the earnings call today that I do not expect the same ROI as the last trade we started in April of 2018.
Facebook (FB) “On the Fly” Facebook Daytrading Chart with buy sell triggers for premarket Thursday. $FB #facebook #chart
Member version of this report includes (in addition to a static chart) a link below to a live interactive Facebook daytrading chart on Trading View (with all technical levels and a list of buy sell triggers etc).
Facebook (FB) On the fly Facebook Daytrading Chart with buy sell triggers for premarket Thursday. $FB #facebook #chart
The 167.50 notation on the chart above is in reference to a series of tweets I published on my personal Twitter feed when the earnings sell off was in motion as follows;
STEP 2: Long Daytrade and Swingtrading Time Frames.
FACEBOOK (FB) Trading Facebook wash-out on earnings. Trading levels for daytrading and swingtrading. $FB #daytrade #swingtrade #chart
Member version of this charting includes (in addition to a static chart) a link below to a live interactive Facebook daytrading / swingtrading chart on Trading View (with all technical levels including buy/sell triggers, MA’s, quad walls, Fibonacci support and resistance, price targets and more).
Trade toward price target trajectory between the Fibonacci resistance and support levels (paying attention to quad walls – Fib diagonal trendlines). Trim heavy at buy sell triggers and add above or below depending on your trending direction of trade.
FACEBOOK (FB) Trading Facebook wash-out on earnings. Trading levels for daytrading and swingtrading. $FB #daytrade #swingtrade #chart
I personally guarantee our swing trading service is one of the best in the business and it’s very reasonably priced considering the technical expertise invested in the platform (Lead Trader).
