by Trent Smalley, CMT | Nov 27, 2017 | Uncategorized
Over the long weekend I ran some scans and came across a long opportunity in Amgen, the major drug manufacturer. Let’s take a look at the setup… A. Defined long term uptrend with a recent pull back to support. B. Zooming in to the lower time frame we have...
by Trent Smalley, CMT | Nov 24, 2017 | Uncategorized
Before the start of each new month, I utilize a stock screening tool called Exodus Market Intelligence by iBankcoin, in order to generate ideas. As we head into the final month of 2017 we want to zero in on sectors, industry groups and individual names set to...
by Trent Smalley, CMT | Nov 21, 2017 | Uncategorized
As the market begins to slow into holiday trading mode, it’s a good time to go over current short, and long term positions as well as scout the landscape for new opportunities. In our trading room over at Trading Addicts we spend at least a day each week on idea...
by Trent Smalley, CMT | Nov 20, 2017 | Uncategorized
Pardon the blog silence as of late, I’ve been pulled in 20 different directions for the past couple of weeks and am having trouble fulfilling all of my obligations. I am quickly learning that trying to do too many things at once often results in doing many of...
by Trent Smalley, CMT | Nov 15, 2017 | Uncategorized
Peep the setup we have here in $VALE: Since mid August, this price level has served as underlying support as the stock has consolidated into a rectangle formation. These price patterns make for great short term trading opportunities as they are easy to manage with...
by Trent Smalley, CMT | Nov 9, 2017 | Uncategorized
don’t feel like you have been as attentive as of late. I can’t say I blame you. I haven’t either. We’ve been in a slow grinding market for some time. There hasn’t been a lot to say. However, the start of some volatility may be creeping...
