원문 보기
hey everyone it's Evan here from the trade risk on Thursday September 7th where intraday right now and we're covering tickers that you guys asked for to be reviewed sent out a message on stock twits and Twitter asking for tickers we got six names we're going to cover so we're gonna get through those in just a moment if you're interested in the general sort of broad market analysis or the other major market sector analysis we covered all of that yesterday in our usual midweek Wednesday video so you can just watch the last video here on youtube or go to the traders comm you can see the latest post there and again subscribe to our YouTube channel to keep up to date with all of these videos that will certainly help you out if you enjoy watching these so with that let's jump into what you guys look are looking for get a lot of overlap here on names that are on my watch list and what you guys asked for so that's encouraging to see I always like that so the first is Tesla and we're gonna start off looking at a weekly chart here of Tesla and just basically point out a few things notice here we are in a long-term uptrend this started really all of this year Tesla's been on fire it started down here on 180 or so and this move continued all the way to the top end of the range we had a significant break out of a multi-year sort of sideways channel here around April March April of this year and that took us all the way up to almost $400 we get up to about three to five or so before we started to pull back came back down retested found support at 300 bounced up and now we're sort of just moving sideways consolidating here so again notice on the weekly chart eight-and-twenty period moving average just my personal preference moving averages that I like to have on my charts they're bullish ly align they're up prices above it or just kind of teetering on that eighth period and we are very healthy and very healthy fashion sort of working off this massive move that we've had for the first seven or six months of this year so if we go down to a daily chart you can see we have a trendline now that extends from the highs and in June we got a trend line here that extends from the lows around 300 in July and you can see price is kind of getting sandwiched right in between them we're getting that compression coming in and we're getting potentially resolved soon it doesn't have to be a sort of high-volume massive resolve it could really just start to morph in to a larger Messier sort of consolidation I think at this point we really just want to gives Tesla some time I think the trends are higher on multiple time frames everything looks good structurally it's behaving exactly like you'd want to see the volume recently in this consolidation is low so for me I'm looking at this set up as a potential bullish resolve and I'd be interested in a either a breakout above this trendline here and kind of uptick in volume or a nice you know kind of range expansion above here and I also really like to see it though above 365 or so these were the the highs here from August also has some price structure in that area back from June or July so for me I'd want to see it above this trend line and getting clearing back above 365 or so that would probably get me interested in a new sort of momentum entry setup in Tesla if you're already in it of course you're probably just sitting tight and who knows if we decide we need to kind of break down and break below this lower trendline here maybe we have to come back and retest this 300 area you could still make a very bullish argument if we even came back down and retested 300 and again just carved out a wider sort of longer duration range up here I think that would still be perfectly healthy from a longer-term perspective in Tesla so that's my thoughts in Tesla let's go to our next stock here pnw so this is Palo Alto Palo Alto had a nice gap higher last Friday 10% to the upside here let's take a look at that weekly timeframe this would I really liked about this setup and actually even a monthly timeframe which I know seems extraordinarily long but really kind of smoothes the picture out here we had a massive run-up from 2014 all the way up to mid stage mid 2015 or so for about a year and a half where we went from call it $40 all the way up to almost $200 so it was almost a 5x return in about a year and a half and we are still in the process of working that EPIK move off on just a molt on a multi-year timeframe so we've been pulling back off of the highs since 2015 and you can see we're just getting and challenging the top end of this trendline of this range here or this channel here that we've been in for multiple years now we've repeatedly failed at this level so this is certainly a point we want to take notice you can see the 8 and 20 period even on the monthly chart starting to get a curl back over if we go back down to the daily chart we can sort of refine our entry here and really with this big gap higher we want to see if we can hold it intact so if it can not completely roll over and fill this gap up because if it fails up here it's going to look like every other time over the past couple of years but if it can hang in here and and sort of stabilize itself and then make a kind of a secondary move a breakout back above this post Ernie I believe this was earnings maybe not actually don't know what this day was but if we start to break above 148 149 that's certainly a place to take notice do note though we do have a lot of previous supply right in here and around 150 or 160 so it really depends what time frame you're looking at again weekly chart if you're playing this from a multi-year sort of trend basis that you're really looking to kind of park capital here for an extended period of time you'd probably want to even still wait a little bit longer and get back above 155 160 or so to really sort of definitively break this trendline and get above some of these prior pivots over here if you're more tactical swing swing trader looking for a couple of days to a multiple weeks then again I think this pivot around 148 or so makes a lot of sense for a potential momentum entry especially if this gap holds open but again I like I like this setup on a structural basis and I think it's something to pay attention to but again I still think it needs a little time here again it's failed every time it's it's kind of come up to the top and in this range we do want to just wait and kind of be a little patient there in PA and W so next let's look at NT and X so this is a name that I'm not familiar with if we look at the weekly chart we'll start there you can see it's it's basically it's a real young issue came public in late 2016 and you can see it really hasn't done much has been in mostly a downtrend you can see we've gotten some volume up text here so it looks like you know we are starting to stabilize a bit we made a move off the lows here from $14 that a potential sort of high-volume reversal starting to stage in here over the past couple of weeks so something to pay attention to but for me it's not all that interesting I really would love to see above $24 that to me would at least take out the July highs it would take out some of these recent highs here from last week it would get us back above this pivot low from November of 2016 and if we go down to a daily chart it would start to get us back towards and into this gap here so for me you know it's something to maybe pay attention to you definitely have that volume coming in but I'd really just want to see it at least get above twenty four dollars and then I start to pay a closer look to it next the trade desk so this is one that I've been following for a while I think we've been charting this too I love this setup weekly chart here this is the full picture what night and day difference between this setup and our last set of NTN X basically the same amount same IPO time right but this listing kind of starts in the bottom left of your screen and kind of trends up to the upper right of your screen this is a stock that I really like the formation the technical picture of and I really like this upper level base that it's been carving out and it's just getting ready to challenge these all-time highs here so I like it it's something I'm paying attention to 5750 today's highs this is again a pretty actionable spot here I think how it closes the week will be interesting that's something that I think for this type of setup makes a lot of sense to pay attention to as potential signal at least that's sort of the way that I look at these setups so I really like TD TDD looks good to me next is Amazon this one that I was paying attention to as well take a look at the weekly chart first you can see here made it all the way up to almost $1,100 pulled back for about six weeks in a row found some support at the 20-period I had this kind of outside reversal week yesterday last week where we made new lows were reversed and then we took out the highs from the prior week back above the 20-period there's a a lot to like here on that weekly chart because Amazon's been in a very long-term uptrend since 2015 or even earlier than that but if we look back down here on the daily chart you can see we really almost got this higher low to work with now that basically this kind of double bottom two day lows here from basically Tuesday and Wednesday we're starting to break above it so I like Amazon I think today is a sort of minor minor buy signal here if we get back above 1985 and that could cause some more sort of momentum to come in so I like it let's not forget or let's not get too carried away maybe we stall out again as we get back towards these recent highs in here so maybe we start to carve out maybe a wider range in here but for a tactical swing trading I like it I like the setup I even like the actionable sort of play off of today's action so that's Amazon next is see elh this is a name I'm not familiar with either but if we go to a weekly timeframe here it just makes sure yes so if we go to a weekly timeframe here you can see this been a long term uptrend it's a very small issues only 248 million dollar company so a very small sort of micro-cap name here if we go to a monthly chart let's take a look at that all right so you can see you know started off 2010 had the IPO bottom down at 11 and it's been really on the move higher since a lot of volume coming in recently so I like it I mean it's an uptrend it's at all-time highs it's tough not to like something like that I don't trade this low of a market cap and the volume here it's doing about 200 well just recently so it's a it's fairly lighter issue so this is sort of out of my wheelhouse on what I usually screen but just from a trend momentum structural sort of standpoint here I like it it's at highs it's it's at nearly at highs if you're trying to buy it right here probably not best advice just given the fact it's had such an incredible move from 350 to $6 but something on pull backs on digestion on some sideways movement it makes a lot of sense here so I like clh even though it's something that I really wouldn't be trading myself so that is it those are six names that we had to cover hopefully this helped and as always thank you so much for watching again subscribe to our channel if you do like these videos stay up to date with all the latest that we're doing and have yourself a great day talk to you guys again soon
댓글 0