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Ross Givens
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Technology stocks continue to vacillate in the market with lower trading in a down trend. And while on any given day we can get a bounce back up, the chart for the Nasdaq 100 Index (NQ) futures contract is showing lower lows and lower highs. Furthermore, the market is now stalling out at the underside …
The post Is It Time to Sell Tech Stocks? appeared first on….
Today, I want to talk about a popular technical chart pattern that is often misunderstood by amateur and professional traders alike. You’ve heard me talk about “flag” and “cup with handle” patterns before, which are great technical tools for navigating the market. But the pattern that seems to get the most attention when it appears …
The post Here’s What Traders Often Misunderstand About the Head & Shoulders….
Beyond the futures markets, I run a series of stock trading services with the help of my team here at Traders Agency. One of the services is called Smart Money Alerts, and it seeks to capitalize on my technical analysis of the stock market as well as individual specific stocks. One of those stocks, Pfizer …
The post Smart Traders Go Short for a Big Gain appeared first….
Krystal Biotech, Inc. (Long Idea) Again, biotech stocks are showing a lot of strength right now. Last week, I introduced you to Ionis Pharmaceuticals, Inc. (IONS), which broke out and climbed 16% in just two days. Krystal Biotech, Inc. (KRYS) is another biotech stock setting up in a similar pattern. KRYS has formed a base …
The post Watchlist Week of August 8th, 2022 appeared first on
The major indexes held their ground last week. As of Friday morning, the S&P and Nasdaq were both trading near the same level they closed the week before. Markets avoided any major selling days, and volume is picking up slightly as we approach the end of summer, which has historically seen lighter action. Stocks posted …
The post Watchlist Update: Three Strong Biotech Stocks Ready to Break Out….
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How We Traded the Breakout in Chinook Therapeutics Stock
In early July, I wrote to you about Chinook Therapeutics, Inc. (KDNY), a strong biotech stock that’s been on our Watchlist a few times. And I mentioned at the time that it had just become an official recommendation in my premium Alpha Stocks trading service. Well, I recommended taking profits on the final piece of …
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