Yesterday, I joined CNBC’s “The Exchange” to discuss some potential trade setups. INTC is interesting if it can get above $56. Avoid T as there are too many bag holders. If BYND can break prior highs, I’m interested in a short squeeze.
Afternoon Action: INTC, T, BYND
Hey Traders! On Monday, I sent you a video about my short-term setup in Tesla, along with my $250 price target. You can check it out in the Tweet below… Since then, the squeezes I noted fired to the long side, and Tesla traded directly to my Fibonacci price target at the 1.272% extension level. … Read moreRead More
Good morning, traders! The Nasdaq futures are choppy at 16,000 after making quite the run. So, what’s next? Looking for the next round of setups, of course! When tickers and indexes get sticky, squeezes will start to consolidate. Those squeezes generally occur on the lower time frames first. When those squeezes fire, they can either … Read moreRead More
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