원문 보기
i'm dan fitzpatrick at stockmarketmentor.com every night we watched the same shows right well good trading takes more than just punch in the buy button the next morning on the tickers you saw last night on TV okay we're going to look at earnings here Tesla whole foods and Fitbit first earnings decent guidance decent hey everybody loves Tesla right I don't think so frankly I think this is a selling or shorting opportunity even this is the a really volatile stock I'm telling you it is not for the faint of heart and it's not for the non committed either the deal is we've got what could be a triple top if you look at this on a daily chart you can see the stocks up after hours i'm going to show you what it looks like right now okay big move to the upside now this is fading here again it's up i think this is a stock that's moving right up into resistance if the stock moves through this big area of resistance and the reason I'm drawing a red line there is if you were buying it back here wouldn't you kind of be anxious to get your money back after the stock fell this low and is now just moving higher so I think this stock moves up a bit that move may be done tomorrow may take till the end of the week might be the first to next week but I'm telling you if this thing even twitches if it starts to roll over I think this is a good shorting opportunity now Whole Foods interesting here different chart I think it's probably about the same thing here you look at the weekly chart this stock looks kind of scary I like whole foods though where I'm from they call it whole paycheck for obvious reasons but here's another thing where um this short interest is pretty decent you know good enough to make this a little bit of a short-covering rally but I'm going to do this again there's a whole lot of regret going on there I think there's limited upside here what I would suggest doing because look there's two sides to every trade um I could be wrong about wanting to short this stock but here's your upside or I've excuse me here's your downside if you are buying the stock on this gap I draw a line here this is a new low on this chart so you're buying the stock right here dan you don't know a darn thing I'm buying this stock you put your stop down there if you're stopped out fine you know that's a trade you took your shot you decided what your loss was going to be and then you took it on the other hand if you are shorting the stock what I want you to do is wait for evidence that this stock has petered out wait for a box that kind of looks like this or like this what you want to see is a solid red box which indicates that the stock gapped up and then ultimately closed lower on the day from where it gapped it will gap up tomorrow no question about it but you want to wait and make sure that the stock has you know has stalled by the way you don't have to short this stock I'm just saying you don't want to be buying it up here I would rather be selling it now Fitbit this company reported kind of blowout earnings if you call earning a ten cents a share versus estimates of three cents a share I mean so they tripled their fun here what's the problem the problem is guidance and nobody really cares except for a split second when earnings are first released nobody really cares so much about what the company earned as what they're going to earn going forward and so their guidance was a little weak but unlike whole paycheck and Tesla this is a more interesting chart to me because the stocks gapping right down to the 50-day moving average where it's been up for a while so we get this volatility squeeze here a breakout on volume and now I think you're getting a second bite of the Apple if the stock opens right around 15 bucks this is another low risk trade even lower than if you're buying whole foods you just put your stop a little bit below the 50-day moving average and that's your bogey right there ok that's it for these three stocks I saw on TV hope to see over at stockmarketmentor.com
Comments 0