by truetraderadmin | Oct 20, 2021 | Midweek Watch
Broader Market $SPY – S&P 500 Throughout the previous weeks, I talked about when the $SPY broke through the 50d and it held the 6 month Moving Average. It held and it shot up, now we have had a few days in a row of a green market. Don’t get into panics...
by truetraderadmin | Sep 15, 2021 | Midweek Watch
THE LEVELS: $NUE – NUCOR CORPORATION MY LEVEL: 107 & 106WHY: Fib retrace to the 50-60% area. Good numbers at earnings. Looking at previous low or annual pivot. Closed on highs. $ALLY – ALLY FINANCIAL INC. MY LEVEL: 51.70WHY: Previous low and 50d SMA....
by truetraderadmin | Sep 9, 2021 | Midweek Watch
TheGoose (Jason Pollack) (twitter: @thegoose0519) is a former market maker and pro trader at TrueTrader who has been trading for over 25 years. Tapping into his experience he brings us 10 fresh LONG trade ideas for the rest of this week. $CLF – CLEVELAND-CLIFFS...
by truetraderadmin | Sep 2, 2021 | Midweek Watch
$XPEV – XPENG INC. My Level: 40.10Why: 200d, 20d, 2x Prior Day Lows. Great range (ATR $2.25). Will be a tight trade but can present great reward. $AMAT – APPLIED MATERIALS, INC. MY LEVEL: 130.05WHY: 50% Retrace from recent red to green move. That area is...
by truetraderadmin | Sep 1, 2021 | Brokers, Guides
Trading stocks and options online has never been easier to do. There are hundreds of online stock brokers to choose from and a large number of product offerings like Index Funds, ETFs and Mutual Funds. Many of them offer low to zero dollar commissions or a free...
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