All posts by Sami Abusaad
Where the Market Will Go After a Sideways Week
Usually it’s not good when the market bases because stocks don’t move very much. But last week, that’s exactly what Sami wanted to happen. Now that the market has been going sideways, what can you expect in the days going forward? In this video, Sami explains: – The points where he will turn either bullish or bearish – When he expects APVO to pop – Where to find a 1 2 3 pattern setup in BILI – Why he likes BKEP as a long term play – Which pattern BLU is setting up for
Continue Reading -->When Will the Market Move Upward?
QQQ has been bullish recently, basing above the 20 ma, but Sami doesn’t think it’s ready to go just yet. Find out what his ideal scenario for the market is this week. In this video, Sami explains: – Where his second target will be for ASMB – Which pattern can be found in GSKY – Why he doesn’t plan to take STSA on Monday – Where an entry bar might occur in UPWK – Which pattern was triggered in GLOP
Continue Reading -->How the Market Will Move Post-Election
The election last week led to a major bullish gap in the market, but the results were unclear for a few days afterward. How did the market respond, and what can you expect after the winner was declared? In this video, Sami explains: – What the market’s response to the election reveals – How you should analyze market trends without watching headlines – Why a sideways market this week would be ideal – What is impressive about GLD – Why ACRS should work as a long-term trade
Continue Reading -->When Will the Market Rally?
The markets are showing bearishness across the board. Sami thinks that the market could have a short-term rally over the next few days, but it could be months before there’s a sustainable rally. In this video, Sami explains: – What to expect from the election – The problem with CGC – Why he’s not playing CYH as a swing – Where to set a target for KSS – Why a gap is bad for CWH
Continue Reading -->Trading the Pre-Election Market
Over the past few weeks, the market has been bearish up to a double top, but the selloff from that top hasn’t been very bearish. Find out where Sami thinks the market is heading over the next few weeks. In this video, Sami explains: – Why CROX and LB look similar – Where to find daily buy setups in CONE and FSKR – How to identify a Transition A in TRXC – Where to set a target for XTNT – Which stocks to watch for setups on Monday
Continue Reading -->When Will the Market Turn Bullish?
The market has continued downtrending on the daily chart and Sami remains bearish. But there are two points that it could hit this week that would determine if the downtrend will end or if there are lower prices to come. In this video, Sami explains: – Which setup was triggered in GLD – Why he likes EXEL as a long term trade – What a 1 2 3 setup means for OMI – Why TXG looks so bullish – Which downtrending stock might be going bankrupt
Continue Reading -->How Far Will the Market Fall?
QQQ has been bearish since it topped out, but the pattern isn’t very tight. Find out what will signal the monthly chart dropping to the 20 MA and where you can expect the market to go next. In this video, Sami explains: – How you can predict whether the market will gap up or down – Which upcoming events could sway the market direction – What data he relies on to determine where the market is going – Why he doesn’t think it’s a good idea to buy gold right now – What he likes best about small-cap stocks
Continue Reading -->Is the Market Officially Bearish?
Last week ended with a big selloff for the market and it’s a little uncertain what this week will look like. Sami explains where he thinks the market is heading this week and what you can do to prepare. In this video, Sami explains: – What will indicate the market going back to bullish – Which stock ignited the selloff – Where he is placing targets for QQQ and SPY – When OMI could become very bullish – Why TUP is his least favorite long play
Continue Reading -->Is QQQ Pulling Back or Breaking Out?
A daily chart for QQQ shows that the index is very extended and is due for a pullback. But an hourly chart makes it look like it will break out. Find out where Sami thinks the market is headed. In this video, Sami explains: – What has to happen to expect a breakdown for QQQ – How a climactic top will improve trading – Why he predicts that GLD will continue back up – Where he expects BLDP to go after a climactic top – How to find a Transition A Breakout
Continue Reading -->Why TSLA Could Turn the Market Bearish
Every market indicator looks higher for this week, but TSLA recently went climactic and AAPL is close. Both companies can have a major effect on the direction of the market. See how Sami is planning to trade both names this week. In this video, Sami explains: – Which stocks he will take short if TSLA is hit – Why he likes AKTS as a long term trade – Where CLDR will trigger as a long – Which chart he’s watching for SDGR – When he plans to take CVNA short
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