Monday, August 28, 2017

Futures Point to a Higher Open...



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After the Open Review of SPX, focus, intermediate-term trend, trend, support & resistance, momentum, candles, price pattern, bounce, breakout, DIA, SPY, TRV, index sum of its stock patterns, AAPL, AXP, BA, CAT, MCD, MSFT, PG, UNH, V, QQQ, TRV, ALL, PGR, FCX, RCL, XLV, GILD, LRCX, MU,  …posted 11:46 am ET
© 2017




10:11 am ET...GILD horizontal breakout test...

9:46 am ET...XLV horizontal breakout setup... 

9:51 am ET...MCD horizontal breakout setup... 

9:49 am ET...RCL diagonal breakout setup... 

9:46 am ET...AAPL horizontal breakout setup... 

9:45 am ET...LRCX breakout retest bounce...

9:40 am ET...FCX breakout test bounce... 

9:36 am ET...MU horizontal breakout setup... 

9:34 am ET...IWM leading broad market...



Pre-market Up:  WDC, ADI JD BIDU, AVGO, AAPL, PYPL, FB, NFLX, VLO, LOW, HD, AMD, MPC, PSX,



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4 comments:

Jerry G said...

Dave what's your feeling on PSTG? It looks as tho it has came back to S-1 and tested.
Jerry G. Chicago

Anonymous said...

Thanks Dave. Bought more $MU

Unknown said...

Doing very well on GILD trade from 8/22! Was up 236% at one point today on it! Checking chart signals daily for trade ideas and to see the videos! Thanks for everything I have learned in the short time I have been doing this.

Unknown said...

Dave,
Thanks for the reminder to "focus". Also, to avoid trying to do everything, and focus on those things that you like, and specialize in those areas. Also, keep your watchlist at a manageable level......keep it limited to only those stocks you will actually trade if the PA gives a setup.

I sometimes find myself violating all of these principles, and don't notice I'm doing it until I begin to pay the price with a drawdown in my account.

Thank you Dave, you are the best!!!

Fayburn