NFTRH++: $NEWT Short Setup
$NEWT appears to be completing an 'abc' correction short of the 200dma and a gap down. Red circles show the overlap/resistance. I'm looking at 80-100c risk up vs $2.50 or…
$NEWT appears to be completing an 'abc' correction short of the 200dma and a gap down. Red circles show the overlap/resistance. I'm looking at 80-100c risk up vs $2.50 or…
05/15/25: Moved stop down to lock in a gain since the position worked some off the get go. If I stop out, it would automatically go back on watch for…
05/15/25: Stopped out remainder. Will be looking for another setup, which would likely be a diamond consolidation continuation play on a break above the most recent high. I am trimming…
05/12/25: Trimmed on the pop and lifting stops to protect gains. $CZR had nice symmetry in a red 'abc' down through a neckline break with positive RSI and MACD divergences.…
05/12/25: Nice pop and in this instance patience or looking for rejection and/or volume expansion sees a solid setup pass without participating. Putting $CVI on watch for a 200 day…
05/12/25 Update: 'Genius' one day, clown the next. View remains unchanged and why there is time open on the view. Note the risk of my perception that it is late…
While Gary and I hash out logistics, I wanted to share what I wrote yesterday for a trade setup type that I've used off and on for a number of…