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 […]
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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 […]
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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 […]
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