Imaging you have discovered a safety measure for your stock trading with the following benefits: Tells your position right or wrong quickly You have entered a market and are holding a position. You want to know if the market will go your way. If it were in the wrong direction, how far is too far […]
Support and Resistance Levels are used by many traders and investors to form their trading decisions. However arbitrary Support and Resistance can be harmful and you should never feel comfortable using them. Instead AbleTrend Support and Resistance levels are defined by the market’s own nature which are dynamic and they are calculated automatically with the […]
NVDA was once again one of the top gaining NASDAQ stocks today. The stock has been featured in our chart library a number of times in the past weeks, and it demonstrates the benefit of having trend on your side. As the price pulled back in April, through to Mid-May, we could have observed the […]
How to avoid choppy market is a major concern for traders. AbleTrend weekly and monthly guidance chart provides the best way to prevent choppy market. Following is an example with NVDA and ABDE. Sweet Spot for Buying (SSb) 1) After a buy signal (large blue dot) 2) After market tested stops (small blue dot below […]
How to avoid choppy market is a major concern for traders. AbleTrend weekly and monthly guidance chart provides the best way to prevent choppy market. Following is an example with TSLA. Chart on the right is AbleTrend weekly/monthly guidance chart. Blue Xs are AbleTrend monthly support levels. Market has tested the blue Xs a few […]
Continuing off the theme from the last newsletter, it feels like the market can finally start anew, after Friday’s options expiration. After weeks of compressing volatility, we are cheerfully anticipating the potential of volatility on the horizon. Greater volatility doesn’t just mean price action to the downside. Wider distribution of returns means bigger up moves, […]
This week’s price action finally broke through with some volatility, on the back of a seemingly hawkish Fed. By the end of Thursday, stocks had generally recovered, and then some. This little spat of volatility was welcomed as price action had become increasingly compressed over the last few weeks. And there’s more to be positive […]
To take advantage of the volatile market you must know how to manage the risk which comes with the volatility. AbleTrend triple confirmation with Blue bar, Blue dot and Blue X can help you to turn volatility into low risk opportunities. Below are today’s E-mini Nasdaq day trading charts with AbleTrend guidance chart signals. Check […]
AMC could soar 770%, BB 260% and GME 200% in a week, then gave back in just a few days. High flyers are very volatile. Is there a way to trade these kinds of stocks with some safety measure? Yes, that’s to trade with AbleTrend. Here are the recent charts for AMC and GME with […]
This week’s trading continued the narrowing trading range, which we had warned about two weeks ago. Finally, today prices seemed to have broken out of the range. For better or worse, the market is seeing today’s unemployment miss as a catalyst to rally. When markets react in a counter intuitive fashion, it is often a […]
