We have a quick and easy set up for you to wrap up the week and this trade comes to us from Spotify Technologies (SPOT). SPOT has been trending up as the rest of the market continues to climb, however, as it comes up to some resistance, that momentum has stalled out a little bit....Read More

Our stock today recently has a significant gap up from about 50 to almost 68, but now the stock is at risk of giving some of those gains back. After the gap up, the stock’s price came crashing down over the last few days testing an old support level of 58.5. This is a key...Read More

Yesterday, we spoke about finding stocks that are relatively weak in comparison to the rest of the market. Today, we have a similar set up to take a look at. Our stock play of the day comes from the pizza giant, Domino’s Pizza (DPZ), which has not only approached a key level of support, it...Read More

Today’s stock, Hilton Worldwide Holdings Inc. (HLT) is a great example of finding a stock that has relative weakness in a strong market. This is almost always a clear sign of a possible short play. As you can see in the video, while the market has pressed higher and higher over these past several weeks, HLT...Read More

Any trader who has been in the market during this year’s trading has seen what a clear and obvious channel looks like. Well, Globe Life (GL) might have one of the longest running channels in the market today. As you can see in the video, GL a very well-defined channel between 105 and 110 where...Read More

Arch Capital Group (ACGL) is forming a classic head and shoulders pattern, which as you can see in the video below. This is typically a bearish chart pattern, signaling that the stock may be getting ready to break down. Since the pattern implies lower prices, a put position is likely the highest probability trade here....Read More

Today’s big stock pick is one we have analyzed a couple times in the recent past because of the setup it has continued to hold. Alibaba’s (BABA) descending triangle, as you’ll see in the video, has continued to hold with the stock’s price getting tighter and tighter within the pattern. It’s only a matter of...Read More

Although the S&P 500 and Nasdaq have fallen quite a bit in the pre-market session, our stock today has held up fairly well. Tesla (TSLA) found a way to hold the line despite this selloff after quite the bullish run toward our mark of 180. With it holding above 180, at least for now, our...Read More

The chip industry remains a hot one and we have one stock that has already shown a break out that could be on its way higher. Micron Technology (MU) made a strong move through not one, but two levels of resistance after a long period of consolidation, aided by the move higher by the overall...Read More

Despite the market ripping higher over the last week, we have managed to find one stock that lost its invitation in the mail. The chart for Hims & Hers Health (HIMS) had formed two major trend lines and the one it decide to break was that of the lower bound trendline. This break of the bottom...Read More