Good morning Pete,

#TS – Energy sector – Oil & Gas Equipment & Services

Strong sector and industry group. The stock holding the bid And the bullish gap above 50 resistance level,/ after earnings/, showing relative strength to the market.

Entry 54.10 , SL- 52.50. Add shares 57.00 , IPT – 60.00

Thanks

Good morning Pete,

#FRPT – XLP, Packaged foods, sector is strong overall, so the industry group.

The stock is breaking the box on daily and weekly chart with energy candle. Relative strength to the market. Next resistance around 74 level.

If I risk the candle itself is around 4$ risk , so Is it better idea to wait for a pause above the…

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Good morning Pete,

I,m watching #RGTI and #SMR to start to build a position.

Both stocks have similar price action. Breaking downtrend line and trading range with energy candle on increased volume.

Because I don’t see stacked order flow yet , may be is a good idea to start with half position or 30%.

Entry above , SL bellow the breakout candle.

Thanks

Good evening Pete,

I’d like to check my watch with you for a day trade a made today.

#INTC – I made couple of trades with the stock and only the last one worked in my favor.

– First trade at 09.55h – ORB , and the next candle stopped me out

– Second trade at 10.25h – ORB / second try/.

At 11.05h I noticed Bearish u-turn on increased vol. so I…

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Good evening Pete,

A swing management question.

I took #IREN long swing with small initial entry on the 09.09. after the inD candle / 27.50 level/.

Since then the stock is moving quite well and I added two times to the position according to the system.

Today actually hit the add shares level again.And I added just a little bit.

Now I wonder is…

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Good afternoon Joe,

Two days ago I bought put option on SPY as a hedge for my long positions. / 660 put with 2 months to exp./. I did it in case we have a sell the news event for the FOMC meeting.

I’m a little bit in the red zone so far, as the market trades higher, but my long positions doing well.

I think to wait until beginning of the next…

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Hi Joe,

#OUST – I entered as a snapback trade on 08.20. So far is moving in my direction . My add share pricfe is around 34 level which i consider as a resistance. But today is breaking out of an inD candle.

I wonder is it good idea in general to add a little bit when i see setup like this, or i have to wait to the level according to the…

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Good morning Pete,

#ENR – was mentioned two days ago in daily ticker, as we are looking for a well bid candle to resume the move higher. And we got it. Yesterdays inD candle technically also sets an entry.

Do you think this idea is still valid?

Thanks

Good morning Pete,

#CTVA – XLB, Breaking short term downtrend with energy candle on increased volume , 3 days after earnings, monthly and weekly looks good . A little bit far away from optimal entry and moving averages not in right order. I expect resistance around 74 level /and the stock will make its ATM/ but looking for 77 level…

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