Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
The goal of The Daily Direction is to give you the information you need to make winning trades. And the key to my technique is to keep things as straightforward as possible. That’s why I’ve focused this post on providing the fundamentals of each indicator icon you will see on our time frame charts. Continue …
The post How We Find the Daily Direction appeared first on Josh Daily Direction.
Northrop Grumman (Short Idea) I have been watching NOC for a long trade for the last several weeks. In fact, I even added it to the Watchlist back in September. But thanks to a vicious bear market, the stock failed at its highs and is now rolling over. Failed breakout trades can be lucrative short …
The post Watchlist Week of October 17th, 2022 appeared first on Stock Surge Daily.
All the major indexes made new lows last week, confirming that sellers are still in control. Another bad inflation report caused stocks to gap down big Thursday morning. And while they actually rallied the rest of the day, they gave up all those gains on Friday. Eventually, the low will be made and a new …
The post Watchlist Update: Sticking with Strong Setups appeared first on Stock Surge Daily.
Like the broad stock market, digital currency futures tumbled sharply on Thursday morning following the hotter-than-expected consumer price index (CPI) reading. BTC futures were down by over 6% early in the session before turning around and closing mildly in the green. On the surface, this looks like a false breakdown that could turn the market …
The post Why the BTC Selling is Not Over Yet appeared first on Josh Daily Direction.
On Thursday morning, the latest consumer price index (CPI) report showed that inflation is still running at an annual pace of over 8%. Initially, this caused a big drop in the market early on in the trading day. However, by the end of the day, the major indexes ended up by over 2% to stage …
The post Small Caps Bounce Back in a Big Way appeared first on Josh Daily Direction.
Forget the Magnificent 7 – these 3 stocks are poised for HUGE moves in the next leg of the AI boom. Wall Street veteran Ross Givens just revealed the details…
Breaking Down the Triple Top Pattern
Today, we’re going to follow up on last week’s “triple bottom” discussion by talking about its bearish counterpart, the “triple top” pattern. Just like the triple bottom, the triple top is a trend reversal pattern. The big difference, of course, is that a triple bottom forms at the end of a down trend, while a …
The post Breaking Down the Triple Top Pattern appeared first on Stock Surge Daily.