Sloppy action but a green day after a big day Tuesday. QQQ trying to climb a wall of worry with a close over 8/20 MA. 300 is the next big level. Semi conductor stocks still acting weak. They need to firm up for a rally. META,RBLX, ZM some nice runners from watch list. Follow me …
QQQ inside day action. Could be a higher low or pause before next fade. Constructive action in some tech names but semiconductor stocks still acting weak. Need help from semi-stocks for any meaningful bounce. Active trading only on our go-to intraday setups, red to green, green to red. open range breaks. intraday base breaks, panic …
Volatility continues with down/up/down action. QQQ hammer type candle ,needs to remount 8 EMA for some short squeeze. Slim picking as far as daily setups. Not much edge either long or short. Active trading only on our go-to intraday setups, red to green, green to red. open range breaks. intraday base breaks, panic sell-off and …
Typical bear market action. Hard pull from moving average trend line resistance. Semiconductor stocks remain weakest and they need firm up or lead before any sustainable tech rally. If market does not bounce here, recent low’s comes back to play. Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman Get access …
Day traders analyze many different things at once to aid in their entries and exits. You probably have a basic understanding of the importance of price action, technical analysis, indicators, and volume. But one of the most important skills of profitable day traders that few talk about is how they align their analysis and strategy …
QQQ wedge breakout finally following through. Closing back over 8 EMA Thursday and a follow through Friday to 20MA. Now comes the hard part with overhead gap fill and 300 resistance. Need to see how it handles 300 area. Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman Get access to …