Another orderly sell off day but saved by the bell by closing above support. Bulls desperately need to hold this support. We will again be focusing on our go-to big tech names for both long and short depending on overall market direction. Follow me on Twitter for real time trading setups@szaman and on …
QQQ Still above 380 support. As long over 380 , pattern still could be a bull flag. Need to wait a bit to see how things developed. A break below 384 leaves the room for 380/377. We will be mostly focusing on our go-to big tech names for both long and short depending on overall …
Volatile action in Market with broken small cap index, limited breadth and Covid news in the background. Great action for active traders with red to green and back to green to red. Watch list names LCID,AMD, MTTR,GOEV gave decent trades. QQQ, if Friday’s low breaks, 380’s is a possibility. On the upside 400 big resistance. …
Trading a small account vs. a larger account requires you to make some adjustments. Especially when managing risk. Risk management is the most important aspect of survival and success as a trader. These adjustments are key for the longevity of your career, and stable growth of your account. Not only do you have to make …
Weakness across the board after new Covid variant news .QQQ closed below support and 20 MA . Depending on the news, 387 next support followed by horizontal support at 382’s. Focusing on strong names that are continue to hold well. Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman …
Limited leadership and narrow breadth finally caught up with the index .QQQ fade on top of the range but managed to hold first tap 20 MA. Short term line in the sand for now. If breaks 380 next support. Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman Get …