Trading Room CEO | chart wizard | breakout trader | using CANSLIM/ Weinstein Stage Analysis | π for the next monster stocks | Join my trading community ππΌ
Tired of selling a stock too soon, only to watch it go up 100%. $SMCI was the first double of this year. With $NVDA & $TSLA helping my P&L significantly.
Only takes a couple of good trades with proper position size to have a solid year.
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Chart pattern and candlestick cheat sheet. If you donβt understand & recognize these patterns, candles you need to! These are fundamental to successful trading.
#Chartist
#SCA
My mom went peacefully this morning in her sleep. She's an Angel π now, always was even in life. I don't know how I'm going to go on without her. Me and mom had a relationship where we spoke every single day, she was my best friend. She fought gallantly for 4 years. β€οΈ you Mom!
These pictures were taken less then 3 weeks ago. You wouldn't even recognize my mom if you saw her today. Her rapid decline in such a short period of time is both heart breaking & disheartening. I appreciate everyone's prayers along the way, they were received & appreciated. ππΌ
@ABC7NY
Where were the Covid hot zones during BLM protests in Brooklyn and the Biden election celebration in Times Square. So strange that this virus only shows up for certain political protests and not others.
@WallStreetSilv
Think one of the biggest things was one job being able to support the entire family. The mother was truly able to tend the home and take care of the children.
Now children are wards of the horrible education system in America. Indoctrinated with two parents who aren't able to
@ElectionWiz
You can't get a tattoo, smoke or drink alcohol til your 18-21, but yes you should take hormones and have plastic surgery which permanently alter your mind and body.
@redpilledasfuck
They are doing gods work, amazing that the police in every single station aren't doing this?
They have no problem setting up low level drug busts, but aren't taking down pedophiles.
Congrats to all the people who bought Wednesday into the close then sold Thursday into close. Then switched to going short Friday open, covered their shorts Friday close, then went long again.
I don't how you guys to do it! You are the best traders ever!
Please say a prayerππΌ for my mom she has been through numerous surgeries and brutal treatments for cancer. She was hospitalized last night, is in much discomfort. I was kicked out of the hospital tonight because of the new hours & guidelines from COVID. Her name is Evelyne Gillen
One of the most important chart guides to study. Not only does it the show base patterns, it includes the depth of base & time frame. Includes U & R with key specifics like the higher volume as it reclaims MA. W bottom w ride side undercutting left side, PB's to 50 sma. ππ°
The cup βοΈ with handle base. One of the most important bases to study & identify ππ§.
Remember the depth of base should be 12-35% however it can be DEEPER in a bear market. Many leaders emerge from these patterns coming out of a bear market.
@MMAFighting
He has options. Glover made a good plan for him. He fights for LHW title, win or lose he goes for trilogy fight with Izzy. Both headline fights and he is getting PPV points.
One of the most important chart guides to study. Not only does it the show base patterns, it includes the depth of base & time frame. Right side of W bottom undercutting left side, handle depth, PB buys to 50 day (first two after stage 1 breakout.)
The keys to the castle. ππ°
@Cernovich
@elonmusk
Yes the guy who is going to send a spaceship to Mars and runs the worlds leading electric car company is out of depth running a social media company. Ok! π€£π
My decision to stay 90% CASH these last 3 months has been paying off. Have learned my lesson the hard way and haven't got chopped up this time around. Market isn't going anywhere, I will preserve my mental and financial capital for when the tide turns.
@libsoftiktok
@OregonState
What normal person would want to see this?
I guess it's also ok to bring your kids to a strip club? Same thing as a drag show.
2008-2009 Bear Market
The bottom of this bear is marked by heavy capitulation volume after a fierce yr long stage 4 decline.
Followed by 7 months of consolidation while price builds a stage 1 base.
Finally price moves out of stage 1 base through the 40 WK sma simultaneously.
The cup βοΈ with handle base. One of the most important bases to study and identify in a π» bear market.
Remember the depth of base should be 12-35% however it can be DEEPER in a bear market. Many TML's emerge from these patterns coming out of a bear market.
These pictures were taken less then 3 weeks ago. You wouldn't even recognize my mom if you saw her today. Her rapid decline in such a short period of time is both heart breaking & disheartening. I appreciate everyone's prayers along the way, they were received & appreciated. ππΌ
Everyone keep my mother in your prayers. The most beautiful, warm, caring, amazing person you will ever meet. She is fighting Cancer bravely and valiantly, a true warrior. Never losing hope, always staying optimistic, worried about others. It could go either way right now.
@OmariJHardy
Sorry but I agree with the person who posted this. Figure your shit out before. Understandable to split 2 maybe 3 ways for a very large party. But 6 individual checks is a joke.
Have to take my mom for emergency surgery at Memorial Sloan. She got a pulmonary embolism in her lung after her last emergency hospital stay. She was taking blood thinners, but the embolism has grown and a new one has appeared. Please keep Evelyne Gillen in your prayers. ππΌ πΏ
Iβm getting married tomorrow so I wonβt be as active on FINTWIT as usual the next couple of days. Will be back in full force next Monday. Thanks ππΌ
I traded for 2 years and didn't even know what a flat base is. It's of the patterns I trade most frequently. If your a breakout trader, you need to study these patterns and learn how to best trade them. πππΌ
One of the most important chart guides to study. Not only does it the show base patterns, it includes the depth of base & time frame. Includes U & R with key specifics like the higher volume as it reclaims MA. W bottom w ride side undercutting left side, PB's to 50 sma. ππ°
$NIO Beautiful cup with high handle. Volume is drying up in the handle of cup as price consolidates. Watch for a breakout of neckline of handle on high volume. One of my favorite setups going into the holiday week!
#Chartist
Chart courtesy of
@TrendSpider
@JonnyBones
GSP
Anderson Silva
Mighty Mouse
Aldo
Jon Jones
( these names are not in order)
GOAT status is determined by titles defenses plain and simple. Nothing else. You become a GOAT by your ability to hold and defend the belt.
@DanaRohrabacher
met with Julian Assange at the Ecuador Embassy, was shown direct evidence of who actually leaked the DNC emails; it wasnβt Russia. Upon his return he was silenced by the special counsel about revealing information of what was discussed.
My mom would have been 61 yesterday, she didn't even make it to 60. She was the most wonderful, kind, selfless and loving person I've met. I was lucky to have her as my mom. I miss her every day and life still doesn't feel the same without her.
Happy Birthday in Heaven Mom π
@tomselliott
@NYGovCuomo
His incompetence by forcing sick COVID patients into nursing homes. The total numbers of dead senior citizens we still donβt know!
@JayRooney_01
@kylenabecker
@AngelaBelcamino
"Insurrection":
"The summer 2020 riots resulted in some 15 times more injured police officers, 30 times as many arrests, and est damages in $ terms up to 1,300 times more costly than those of the Capitol riot,"
- 3 billion in damages
- 1000 police injured
- dozens murdered
$NIO One of my favorite set ups going into next week. Falling wedge setup. Volume is drying up as price consolidates. Price fell back to 21 EMA and bounced. As close to a holy grail setup as youβll get. Looks ready to go!
Chart courtesy of
@TrendSpider
One of the golden rules of trading keep your losses small. 7% max is too much for me, my typical stop losses are between 1 and 3.5%.
The larger the loss, the larger the gain required to breakeven. A 35% loss requires a 53.9% gain, a 50% loss requires a 100% gain to breakeven.
"We learn from building models, that the patterns, 80-90% of the successful ones are formed because the market itself is a in a correction mode. Just remember new bases form during a correction, as soon as the market turns they will be coming out of there."
- William O'Neil ππ
$SMCI One of my favorite setups out there for many reasons. Broke out of consolidation on monster volume and is now flagging β³οΈtight on drying volume. Notice the two waves π of expanding volume as price finished coming up right side. Have a position and will look to add.
$NVDA This liquid leader π is setting back up. Could be a good time to concentrate into your position or start a new one if you haven't had the opportunity to get in.
The best trades work right away.
That's why William ONeil created the 8 week rule. If your stock gains more then 20% in the first 3 weeks, you must hold the stock for 8 weeks.
Research has shown that stocks that make this move can double or triple in price.
@francis_ngannou
@PFLMMA
Francis made the best deal for his future. You have to respect it! For anyone saying he is ducking Jon Jones. Not the case he just took the better deal, for his family and future. He is set for life!
Trading is a serious grind at the end of the day. The ups, downs, euphoria, depression, losing large amounts of money in a matter of minutes with a bad gap down, negative reaction to earnings. Not making any money throughout an 18+ month bear market. Losing months of gains in a
I see people getting wiped out in this market; they are trying to make up for their losses over the last few months. When you try to make up for losses you will always lose. I know some people are down 60% from their account highs.
An important thread on taking big losses π§΅
Hey guys. Was diagnosed with Covid yesterday, had flu just 2 weeks ago, got tested for COVID was negative, took Zithromax for 5 days. Was feeling better and was back to normal, then boom. Started feeling like death this week. Today was first day felt well enough to write a tweet.
New buys of top performing stocks funds. The "I" factor of CANSLIM, institutional ownership. Where are the institutions parking their funds? $SMCI $ELF $TSLA $PLTR
$UPST Falling wedge βholy grailβ setup. Price finding support at the volume shelf and 21 ema. Volume drying up within wedge as price consolidates. Notice the volume on up days compared to those in days. What you want to see!
Chart courtesy of
@TrendSpider
New buys of top performing stocks funds. The "I" factor of CANSLIM, institutional ownership. Where are the institutions parking their funds? $CRWD $DECK $ZS $DDOG $SHOP $PANW $ANET $UBER $AAPL $PLTR $PHM
Many traders I have learned from knew Bill personally.
A sad day for the trading community.
He left behind a true legacy and trading style that changed my life.
Wish I could have attended one of his seminars or even had an opportunity to meet him.
RIP to a true legend!
Precise rules of when you sell to take profit from πWilliam O'Neil.
Would add when price breaks through and closes below a moving average on volume that supported price for a large portion of advance.
Chart pattern and candlestick cheat sheet. If you donβt understand & recognize these patterns, candles you need to! These are fundamental to successful trading.
#Chartist
#SCA
$PLTR Large falling wedge setup. Price is sitting right on long term support and there is a large volume forming around price. Looks ready to go!
Chart courtesy of
@TrendSpider
$NIO Falling wedge setup, volume is drying up as price consolidates. Price pulled backed and bounced off the 21 EMA within wedge. As close to a holy grail setup as youβll get!
Chart courtesy of
@TrendSpider
My beautiful and dear mother at our wedding in June. Sheβs now back home from the hospital in hospice care. Make sure to love and care for the people close to you. Life can change for the worse in an instant. She told me she isnβt giving up and will beat this! β€οΈπͺπΌ