SRCL nice breakout

I mentioned SRCL few days ago. It managed nice breakout above 60 level. If you missed entry or prefer to wait if breakout will hold, then wait for possible pullback back to 60 level.

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CPN bullish stock pick looks good !

I bought CPN based on setup in my trading newsletter during fear and panic last week. And CPN is really strong. It moved up.  I think that CPN has more upside potential.

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KFT bullish stock chart

I like KFT stock. This stock chart is still bullish and I am already in position trade for several weeks. Now I added into this position as I expect more upside for this stock

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UUP is only bullish ETF right now

I noticed that UUP is only bullish ETF in today’s market.

I am in long UUP trade for more then month and expect more upside move.

I was able to spot early strength by my proprietary scanner I use for scanning about 80 ETFs in my watch list. I use this watch list for selecting best trading opportunities for my ETF trading strategy I use in my fund.

Btw. I am now preparing special newsletter which will publish my ETF trading setups , picks and analysis. Keep tuned, will be available soon.

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AAPL starts to be weak

AAPL stock has broken support levels and is poised for more declines. Uptrend finished.

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Energy finished pullback – new down move in front of us

I noticed that Energy sector finished pullback. I noticed several times in last month that this sector is poised for more declines.

Now it looks like its downtrend move is starting again.

I like to enter this ETF trade with Oil Short ETF with symbol DUG.

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Energy stocks hammered

CVX,  XOM , EOG and whole Energy sector were hammered during last few days a lot.

I mentioned bearish scenario few weeks ago, so hope you did good trades in this sector

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I am shorting Industrials sector

I have entered short in Dow Jones Industrial Index. I see bearish development on chart of this sector (DJUSIN). I have used Ultra short ETF tracking this index.

Posted in ETF analysis, ETF trade setup, Stock chart analysis, Swing trade commentary | 4 Comments »

Oil in strong downtrend

I was prepared for decline in oil price as I described several weeks ago. I also did trade I described.

But I did not expected that down trend move will be without any pullback. As second target area is reached I think that oil can do some pullback. I would like to use this pullback to enter new short in Oil. And where is the target ? If you look into history you can find nice support area near 40USD.

Current chart pattern for Oil

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AMMD stock chart analysis

I received request regarding AMMD stock. It was little surprise for me because I want to trade this stock now too.

AMMD pulled back and made breakout from bullish stock chart pattern. I would like to enter trade in move above 18. But if AMMD will do pullback back to 17.50 area, then such pullback is also opportunity for low risk stock entry.

But this stock trade is against main stock market trend. So I plan to enter it with half position size only.

AMMD bullish stock chart pattern

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