Pete Renzulli, Author at Stock Trading Pro

Pete Renzulli

Author Archives: Pete Renzulli

WDC Western Digital Offers New Position Trade 1-17-20

WDC Western Digital Corp Stock Chart 1-17-20Expert’s #1 Play for 2020: Unprecedented Currency Shift, Next Bull MarketBillions of dollars are pouring into one long-ignored asset Goldman Sachs expects will soar in the first quarter of 2020.Go here to see hard-asset expert’s #1 way to play this massive shift before it turns into a runaway train. Click here […]

NFLX Breakout Trade | MS Earnings Report 1-16-20

NFLX Netflix Inc Stock Chart 1-16-20Very few perfect trades today from a reward potential point of view.Many stock that meet the criteria do not justify the risk for the potential profits. I want to see stocks decline or consolidate before seeing higher probability of profits.One trade setup I like today is NFLX. The consolidation above […]

BIDU Decline Sets Up New Trade | GS Earnings Report 1-15-20

BIDU Baidu Inc Stock Chart 1-15-20Yesterday’s melted candlestick (small body) combined with well-offered price action (lower lows and lower highs) created an opportunity to initiate a new long. BIDU Baidu Inc has declined for two days setting up a momentum trade. I’m game planning to be a buyer on a lower open looking for a 10 […]

ROKU Candlestick Forms Extreme Bullish U-Turn 1-14-20

ROKU Roku Inc Stock Chart 1-14-20Imagine you sell stock short and you quickly realize you are wrong. The trade instantly moves against you. The entry signal was a common chart pattern, so you and thousands of other traders were looking at the same daily candlestick chart.So the situation we have is a lot of people need […]

TSN Tyson Foods Trades Into Breakout Play 1-13-20

TSN Tyson Foods Inc Stock Chart 1-13.20The same theme keeps unfolding during coaching calls with private clients…”I’m having a hard time finding new trades.”The stock market needs to pause or decline to set up better risk/reward scenarios for new swing trades.Day traders and investors are in heaven but swing traders need sniper-like precision to see […]

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