Precious Metals Breaking Down! 3 Amigos to Abort? 4 Horsemen to Ride?

I am not trying to be a wise guy with the first half of the title (it’s a goof on alarmist media), but if you were not bear biased or outright bearish on the gold sector’s daily and weekly technicals, and its macro and sector fundamentals by now all you have left are the alarmist […]
Slope of Hope

Breaking Up Isn’t Hard To Do In 2017

Bears really haven’t made a significant impression on equity indices this year (Editor’s Note: no kidding…..….) and, statistically, there’s not much reason to think that might change in the last month of the year. One key trendline that I have been watching is the very decent looking rising wedge resistance from the 2016 low and […]
Slope of Hope

Four Stocks Breaking Out

CAI International, Inc. (CAI) is seeing excellent follow-through from last Friday, when price popped all the way up to a high of $ 26.12. On Monday the stock gained $ 1.00, or 3.8%, to close at a three-year high of $ 26.93 on 427,600 shares traded. Analysts have dramatically increased earnings expectations for the transportation finance and logistics […]
Slope of Hope

Emini Bullishly Breaking Barriers April 25 Update

No upside target is safe from this charging bull market!

Here’s today’s updated Emini (@ES) trading levels for your trades:

We’ve been anticipating this breakout – one way or the other – for a while now.

We had bullish indications trigger late last week and we’re seeing the result with this week’s breakout surge.

Like yesterday, we saw a gap through a Fibonacci (green) target and an intraday play toward a prior swing high target (yellow).

Right now, it’s the 2,388 level and the 2,380 intraday pivot points for you to frame your trades.

Beyond this – above 2,388/2,390 – is 2,400!

If you’re new to this style of simple level trading, welcome aboard and keep checking back or get more details beyond just the @ES (stock scans, money flow, education) by becoming a member!

Afraid to Trade Premium Content and Membership

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Corey Rosenbloom, CMT

Afraid to Trade.com

Follow Corey on Twitter: http://twitter.com/afraidtotrade

Corey’s book The Complete Trading Course (Wiley Finance) is now available along with the newly released Profiting from the Life Cycle of a Stock Trend presentation (also from Wiley).”


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Biotechs Breaking Out

By Harry Boxer Here are four biotech stocks breaking out on positive developments related to their drugs. bluebird bio, Inc. (BLUE) has popped about 20 points in a week to Wednesday’s close of $ 92.80.  On Wednesday alone, it rose $ 5.15 on over 1 million shares traded, closing just a dime off the high. The company […]
Slope of Hope

Breaking Out to New Highs Feb 9

The uptrend continues! And continues… and continues.

Today we’re seeing another breakout to new highs from these series of sideways ranges we’ve seen lately.

Here’s today’s updated Emini (@ES) trading levels for your trades:

Here’s a quote to reference from Tuesday’s member report:

We’re still cautious/neutral (see intraday chart) at the highs until we do get a breakout – and possible short-squeeze rally – above 2,300.

There will be no known/obvious targets above 2,300 so play bullishly until or unless we see a “bull trap” that returns price back under 2,300.

And there goes the market! There goes the breakout.

We’re on “Breakout or Bull Trap” watch right now and will frame our trades accordingly.

If you’re new to this style of simple level trading, welcome aboard and keep checking back or get more details beyond just the @ES (stock scans, money flow, education) by becoming a member!

Afraid to Trade Premium Content and Membership

Follow along with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.

Corey Rosenbloom, CMT

Afraid to Trade.com

Follow Corey on Twitter: http://twitter.com/afraidtotrade

Corey’s book The Complete Trading Course (Wiley Finance) is now available along with the newly released Profiting from the Life Cycle of a Stock Trend presentation (also from Wiley).”


Afraid to Trade.com Blog