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Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3386
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, March 05, 2021 - 9:44 am: | 
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Sellers have been dominating most of the market here this first week of March, knocking the Major Indices and most Sectors below their 50-day moving averages. This is reflected by the increasing number of results among bearish scans like Wide Range Breakdowns, Power Downs, and Oversolds lately. Note there are handful of "inverse" ETFs that are on the Wide Range Breakout results, confirming the rush into protection and bearish bets.
There still are some bright spots in the market, namely among Financials, Energy, and Industrials. Pullback Longs among leading sectors should set up for interesting buying opportunities as long as those uptrends hold.
Internals/breadth should be evaluated to determine which set-ups will offer the greatest probability of success. Tracking sector and industry performance can also help significantly. Take the time to scroll through the charts and find those candidates with recognizable and clear technical patterns. Note on days where one particular scan results in too many stocks (20+), then those names with lower volatility and volume will be filtered out. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3385
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, March 05, 2021 - 9:43 am: |
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Pullback Longs
Minor Corrections In Stronger Uptrends ACRS, AMCX, BYD, CAT, CMA, DE, DRI, EAT, GWPH, IJR, IWN, LB, YV, MET, MPC, RVLV, SEAS, SONO, VLO, VUZI, XRT, ZION
Pullback Shorts Minor Corrections In Stronger Downtrends AEM, ATO, DAR, DUK, KMB, NEM, NUGT, SJM
Power Up 3 or more Days Running Higher CC, CNQ, LABD, OVV, TZA
Power Down 3 or more Days Running Lower AI, BEKE, BLNK, DDD, DMTK, EH, ENPH, FTCH, FUTU, JMIA, LABU, LMND, MSTR, NVAX, PLUG, PTON, QS, RUN, SFIX, SPCE, TNA, TWLO, UPST, Z
Inside Day Relative Range within prior Day's range FWONK
Inside Week
(updated Weekly) Last Week's Range within Prior Week's range BG, FTNT, UNP, WAB
Doji Day Narrowing Tight Action in normally Wide Range Stock FPRX
Doji Week
(updated Weekly) Closed near the Open for the Prior Week. CSX, FTNT, UNP
Overbought Up aggressively compared to 5-day avg range CLR, CPE, DISCA, FPRX, MIK, OVV, PSXP, TSN
Oversold Down aggressively compared to 5-day avg range AMT, ARKG, ARKK, AYX, BBY, CHPT, COST, CRM, CRSP, DDOG, DG, EDIT, FROG, FSLR, FSLY, IBB, IOVA, JKS, LMND, LULU, OKTA, ONEM, PD, PLAN, PRPL, PSNL, PTON, SSYS, TDOC, TGT, TTWO, U, VRM, XPEV, ZTS
Wide Range Breakouts Strong Volume move Higher above recent resistance...filtered for highest volume above average CLR, CNQ, COP, CVE, FANG, HES, LABD, LNG, MRO, MUR, OXY, PAGP, PDCE, PSQ, QID, RWM, SDS, SH, SM, SOXS, SPDN, SPXS, SPXU, SQQQ, TECS, TSN, USO, VDE, VET, XLE, XOM, ZSL
Wide Range Breakdowns Strong Volume move Lower below recent support...filtered for highest volume above average APPH, BBL, BOTZ, CIEN, COST, CS, DGRO, DIA, FTNT, IBB, INMD, ITOT, IVW, IWR, MRVL, MSOS, MWK, PRPL, QYLD, SCO, SMH, SOXX, SPLG, SPLK, SPLV, SPXL, SPY, SQM, SSO, TW, VIG, VRM, VTV, VWO, WPG, XHB, XLB, XLI, XLK, XLP, XLV, XLY, XSOE, ZG
Tight Consolidations A Few Days/Weeks of Narrowing Sideways Ranges AFL, EXPE, FB, K, RXT, TCOM, VNT
20 Day Alerts Within 2% of 20-day simple moving average ADP, AME, ATO, BG, CB, CPRI, DAR, DKNG, EL, GWPH, HCA, HDB, HON, LBRDK, LMT, MMM, NOC, PGR, PPG, RHI, SBUX, TROW, V, W, XRT
50 Day Alerts Within 2% of 50-day simple moving average BILL, CCK, CHRW, DHI, DIA, DTE, EXPE, INFO, IWM, LMT, LPRO, MMC, NOC, NYT, PCAR, UDOW, VIRX
200 Day Alerts Within 2% of 200-day simple moving average AGQ, AMD, BLL, CHTR, COUP, DOCU, DUK, EBAY, EVRG, IBM, LITE, LOW, MCD, MMC, NEE, O, OKTA, PEG, PGR, PKI, RUN, SDGR, TENB, TTCF, WCN, WPC, XLNX
Zippers Stocks under $25 with Strong Up Momentum, by volume SLGG, RETO, ZOM, SKT, MRO, RIG, OCGN, CDEV, M, CX, REI, WTI, VUZI, AR, CPG, GT, SM, BCRX, QEP, PBF, AMRS, VACQ, UUUU, MGY, MUR, AMTX, LODE, AVXL, ERF, MESA, PTEN, WES, EMAN, GMBL, ATI, VYGVF, DBI, EOLS, SLCA, NOG, OIS, KLR, TMST, SLDB
Bang For Your Buck
High Volatility & Liquidity for Day/Swing trading PLTR, FSR, NIO, GME, CCIV, PLUG, TQQQ, TSLA, LI, WKHS, SNAP, FCEL, DKNG, RIOT, GBTC, MARA, XPEV, SPCE, TLRY, ABNB, UBER, FUTU, BIDU, SQ, PINS, APHA, MRNA, FTCH, TGIR, VNET, QS, ETSY, FUBO, OPEN, EOG, BILI, JMIA, KOSS, PTON, PDD, TRIP, RUN, U, NET, ARKG, TNA, DASH, DOCU, BEKE, GSX, DQ, BLDP, TDOC, BYND, PACB, SBE, VUZI, APPS, RIDE, BLUE, PENN, BFLY, RCL, MP, SPWR, NUGT, Z, NTES, SKLZ, CRWD, NVTA, ZM, MGNI, SE, ROKU, STPK, BE, SAVE, LAZR, FSLY, BLNK, CGC, DDOG, FNGU, W, HUYA, PLAN, DDD, BBBY, BIGC, ZS, NCTY, ZI, NOVA, CWH, AMCX, EH, CVNA, FSLR, RVLV |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3077
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, January 04, 2021 - 8:58 pm: |
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Kodibochu:I am with Fidelity and looks like there are many features available in 'Advanced chart option' which is totally free to me.
Oh I did not know that you use fidelity. It is pretty good it seems for charting (my friend uses it)
Do you have just one trade broker? |
Kodibochu
Kurra Bewarse
Username: Kodibochu
Post Number: 4299
Registered: 04-2019
Posted From: 99.10.95.165
Rating: N/A
Votes: 0 (Vote!) | | Posted on Sunday, January 03, 2021 - 7:29 am: |
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Entrepreneur:Tradingview.com is pretty popular, try the free version.
Others are Stockcharts.com etc
Thanks. someone in one of the WA groups also told the same thing and he is very high on Tradinview.com
I am with Fidelity and looks like there are many features available in 'Advanced chart option' which is totally free to me. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3043
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Saturday, January 02, 2021 - 10:49 am: |
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Kodibochu:Thank you. I am also trying to educate myself on chart reading. I will update the progress here. I need to make the chart reading very simple and effective. There may be templates available where you can enter your ticker symbol and automatically gives the support, resistance, trend, Crossing points of moving averages, etc. Still, I need to do some research on which platform is good to use.
Totally agree and spent last couple of days on mainly volume analysis |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3042
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Saturday, January 02, 2021 - 10:49 am: |
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Kodibochu:Gudivada brother once told me about a platform($20/- a month) and it worked well for him. did not remember the name now
What broker do you use?
I use T.D Ameritrade and I like it. Dont pay for charting software.
Tradingview.com is pretty popular, try the free version.
Others are Stockcharts.com etc |
Kodibochu
Kurra Bewarse
Username: Kodibochu
Post Number: 4277
Registered: 04-2019
Posted From: 99.10.95.165
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, January 01, 2021 - 11:26 am: |
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Gudivada brother once told me about a platform($20/- a month) and it worked well for him. did not remember the name now |
Kodibochu
Kurra Bewarse
Username: Kodibochu
Post Number: 4276
Registered: 04-2019
Posted From: 99.10.95.165
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, January 01, 2021 - 11:25 am: |
|
Thank you. I am also trying to educate myself on chart reading. I will update the progress here. I need to make the chart reading very simple and effective. There may be templates available where you can enter your ticker symbol and automatically gives the support, resistance, trend, Crossing points of moving averages, etc. Still, I need to do some research on which platform is good to use. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3040
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, January 01, 2021 - 11:11 am: |
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https://www.youtube.com/watch?v=uX6TUrTxD7U <- basics
https://www.youtube.com/watch?v=_xzy7bRGpN8 |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3039
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, January 01, 2021 - 11:07 am: |
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https://investingteacher.com/guides |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3038
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, January 01, 2021 - 11:05 am: |
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https://www.stocktrader.com/how-to-read-stock-charts/ |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 2975
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, December 24, 2020 - 1:33 pm: |
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DT: Down Trend
UT: Up Trend
SL: Stop Loss
Apex: where 2 trendlines meet and a pass/fail is determine
Bid: Buy price offer
Ask: Sell price offer
Tap: Buy at ask
Slap: sell at bid or market
Level 2: prices not on immediate bid and ask aka market depth
House: brokerage buying/selling
DD- due diligence ( research )
FOMO- fear of missing out (bad)
Momo –momentum
TLAC –Think like a cuck, derogatory they want to steal your money
Cuck- derogatory term manipulator
GLTA- Good luck to all
FWIW- for what it’s worth
STFR – sell the F*cking rally- bears in control
HOD – High of Day
LOD- low of day
VWAP- volume weighted average price
General List
RSI- relative strength index
Stoch- stochastic
EMA- exponential moving average
SMA- simple moving average
TL – trend line
ER- earnings report
AH- after hours
PM- pre market
IMO- in my opinion
MOC- market on close , a market order that will be executed at or just after closing to buy or sell at the last price dealt in the market at the end of the trading day
ATH- All Time High
ATL- All time low
Trim- shrink holdings size
Powder- available cash
Mso- multi state operator
Print: closing price
PP- private placement
Ut- uptrend
Dt-downtrend
Dcb- deadcat bounce
BBC (derogatory , get F*cked)
ITM- In the money (Stock price is for ( Calls above strike price, puts below strike price)
ATM- At the money, strike at current trading price
OTM- out of the money ( strike price for calls above trading price, for puts, below trading price)
Bag holder- person holding shares at a loss hoping for it to turn around
Base - defined price range
B/D Breakdown
B/O -Break out
Commons- Common stock or shares
Delta- ratio of option price change relative to stock price change
PDT- Pattern Day Trader ( us trading rule)
FA- Fundamental Analysis
TA - Technical Analysis
FOMC- Federal Open Market Comittee
Hedge- Insurance or Protection
HS- Head and Shoulders
IHS- Inverse head and shoulders
C and H Cup and Handle
IV - Implied Volatility
Lotto- high risk high reward trade that is generally stop less (high risk)
Yolo- similar to lotto, money you're fine going to 0 (high risk)
Futs- Futures
FUD- Fear uncertainty doubt
MA- Moving average
BB-Bollinger Bands
MM- Market Maker
OI- Open interest
OPEX- options expiration
PB- Pullback
Pin- The tendency of an underlying security’s market price to close at or very near to the strike price of heavily traded options (in the same security) as the expiration time nears.
PPT- Plunge protection team
PT- Price Target
Quad witch - daily monthly weekly quarterly options expiration
Res- Resistance
Swing- Multi day or week trade
UOA- Unusual Options Activity
WL- Watchlist
Face rip- high momentum move
Squeeze- pressures shorts or longs to cover pushing price in the same direction
FARD- F*cking Hard
Vol- volume
Green- Positive on trade
Red- negative on trade
Low float- low trade-able shares
FYI- For your information
R/R - Risk Reward
E/R- Earnings Report
DD- Due diligence (research)
EOD - End of day
AH- After Hours
ARB- Arbitrage
ATH- All Time Highs
ATM- At The Money
ATR- Average True Range
Bagholder- Person left holding an asset that has lost significant value or become worthless.
Base- A Defined Price Range.
BB- Bollinger Bands
BBG- Bloomberg
BID- The price at which the market will buy the product.
B/D- Breakdown
B/O- Breakout
BOJ - Bank of Japan
Brent- Brent Crude Oil is the global benchmark of crude oil.
BTD- Buy the dip
BTO- Buy to Open
BTC- Buy to Close, or Bitcoin
Buy Stop- A buy stop order instructs a broker to purchase a security when it reaches a pre-specified price.
Cable- Slang term for the exchange rate between the USD and the British pound sterling. USD/GBP
Catalyst- An event or other news that is likely to influence and accelerate a stocks movement.
CC- Conference Call
Commons- Common stock/shares.
C&H- Cup and handle technical pattern
Dark Pool Level- Price level where Dark Pools have been active. Expected line of support/resistance.
DAX- An index of 30 blue chip German companies listed on the Frankfurt Stock Exchange.
DB- Double Bottom
DBD- Drop-Base-Drop.
DBR - Drop-Base-Rally.
Dead Cat- A temporary recovery in price from a prolonged decline that is followed by the continuation of the downtrend.
Delta- The rate of change in the price of an option contract per change in the price of the underlying’s stock price.
Demand Zone - Area where buyers are lined up.
D/G- Downgrade
Dove- Dovish. Doves are members who vote for looser monetary policy. Keeping interest rates low with the aim of boosting economic growth.
DP- Dark Pool
DT- Day Trade, Downtrend, or Double Top.
DTL- Downtrend resistance line
ECB- European Central Bank. The central bank for the European Union.
EOD- End of day
EOW- End of week
EPS- Earnings Per Share
ER- Earnings
ES- E-Mini S&P 500 Futures
EXDIV- A stock that is trading without the value of the next dividend payment.
Exposure- The total amount of possible risk at any given point or the total market value of your open trades.
FA- Fundamental Analysis
FAANG- Large-cap technology leaders. FB, AMZN, AAPL, NFLX, GOOGL
Fat Finger- An order input error whereby an order to buy or sell is placed of far greater size than intended or a data error.
FIB- Fibonacci Extensions/Retracements
FinTwit- Financial Twitter
FOMC- Federal Open Market Committee
FOMO- Fear of Missing Out
FUD- Fear, Uncertainty and Doubt.
Futs- Futures
FWIW- For What It’s Worth
Golden- Our coined term for a newly opened aggressive sweep order that now dominates the open interest of a contract.
Hawk- Hawkish. Hawks are members who vote for tighter monetary policy. Meaning higher interest rates with the aim of keeping inflation in check.
Hedge- Insurance/Protection
HFT- High frequency trading
H&S- Head and shoulders technical pattern
HOD- High of Day
IMO- In My Opinion
IHS- Inverse Head and Shoulders technical pattern
IPO- Initial Public Offering
ISO- Intermarket Sweep. Order type that sweeps several different market centres and scoops up as many shares as possible from them all.
ITM- In the money
IV - Implied volatility
Liquidity- The ease with which an asset, or security, can be converted into cash without affecting its market price.
LOD- Low of day
LOTTO- A high risk, high reward trade that is generally stop-less.
LVL- Price Level. May be used in reference to a FlowAlgo Levels price level for an equity.
MA- Moving Average
Margin Call- A demand from a broker for more money to be put into a margin account.
MOC- The Market-on-close Imbalance of cumulative MOC orders, or the Market-on-close Order Type.
Momo- Momentum
MM- Market Maker or Measured Move
NBBO- National Best Bid and Offer
NFP- Non-Farm Payrolls
NHOD- New High of Day
NQ- E-Mini Nasdaq-100 Futures
OI- Open Interest
O/N- Overnight or the Overnight Futures Session
OPEX- Options Expiration
ORB- Opening Range Break
OTM- Out of the Money
PB- Pullback
PDT- Pattern Day Trader
PHOD- Prior High of Day
Pin/Pinning- The tendency of an underlying security’s market price to close at or very near to the strike price of heavily traded options (in the same security) as the expiration time nears.
PM- Pre-market
PPT- Plunge Protection Team
Prints- Dark Pool Prints, Equity Blocks. Large orders of shares.
PT- Price Target
Quad Witch- A date on which stock index futures, stock index options, stock options, and single stock futures expire simultaneously.
RBR- Rally-Base-Rally. The opposite of DBD.
REBAL- Rebalancing
RES- Resistance
Roll- Rolling an option position up in strike, out in expiration, or both.
R/G- Red to Green
R/R- Risk Versus Reward
RS- Relative Strength
Runner- A small portion of a profitable position left to “run” after the majority of profits have been taken on a position.
Run Up- The tendency of a stock to move up in price into an anticipated or known event.
Scalp- A very short term trade generally lasting under an hour.
Signature Print- Late reported dark pool orders most commonly seen on SPY.
SL- Stop Loss
SMA- Simple Moving Average
SPEC- A speculative bet that is often in anticipation of news, rumors, leaks, an acquisition, or an unknown catalyst. The buyer may or may not be “informed”. Generally not a technical driven position.
STC-Sell to Close
STO-Sell to Open
SUP-Support
Supply Zone- Area where sellers are lined up.
Sweeper- Aggressive option buyer with urgency behind their manner of entry.
Swing- A Multi-day or Week Trade.
TA- Technical Analysis
Tied- An option order that may be tied to a stock position.
Thin Market- A low number of buyers and sellers.
TGT- Target Price
TOS- Think or Swim, trading platform.
Triple Witch- The simultaneous expiration of stock options, stock index futures and stock index option contracts all occurring on the same day.
Trim & Trail- Scale out and raise(trail) your stop.
TV-TradingView
Underlying - An underlying security is a stock, index, bond, interest rate, currency, or commodity on which derivative instruments, such as futures, ETFs, and options, are based.
UOA- Unusual Options Activity
U/G- Upgrade
UTL- Uptrend support line
VOL- Volume
VWAP- Volume Weighed Average Price, a technical indicator.
W- W Bottom, double bottom.
WL- Watchlist
WW- Worth Watching
WSJ- Wall Street Journal
WTI- West Texas Intermediaries. This is the benchmark of the crude oil that comes from the United States.
YHOD- Yesterdays High of Day
YLOD- Yesterdays Low of Day
YOLO- You only live once, generally a high risk trade. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 2974
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, December 24, 2020 - 1:31 pm: |
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Trading Volume Shelves using Supply and Demand Techniques
https://www.youtube.com/watch?v=ws1JfBsqjpQ&feature=youtu.be |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 2973
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, December 24, 2020 - 1:29 pm: |
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https://www.newtraderu.com/2017/04/26/top-10-chart-patterns-every-trader-know/ |
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Finance & Investment - Stocks, Real Estate, et. al