Not All Reversals Are Created Equal: How To Trade RBLX Using Hit & Run Patterns
RBLX was a hot IPO this spring. It went into a runaway move last Friday when it triggered a Rule of 4 Breakout. This is a breakout over triple tops. You don’t usually find quadruple tops. The 4th time through usually seals the deal for continuation. On Thursday, we flagged a rally in RBLX on the […]
Continue Reading -->Rubber Meet Road
“I’m looking through you, you’re not the same.” – I’m Looking Through You, The Beatles “What has happened in the past will happen again. This is because markets are driven by humans and human nature never changes.” – Jesse Livermore The SPY double bottomed on October 30, advancing into an all-time high of 422.81 on May 7. […]
Continue Reading -->Why You Need To Consider Joining Hit & Run Trading
MOXC exploded out of a Cup & Handle pattern on May 11. The two week “Slim Jim” flat-line Handle did a good job of telegraphing the explosive move that followed. This is because contractions in volatility are followed by expansions in volatility. All trading is contextual, so when these contractions or coils in volatility occur within […]
Continue Reading -->FOMO Is Back In Town
While the NAZ labored under a Bear Flag since its April 29 Fake-out/Breakout and the SPX ping-ponged between its 50 and 20 day moving averages, the lethargy in the growth sector saw some of a number of glamours perk up. These include SE, LSPD and NET. As well, several recent IPO’s underpinning animal spirits are stirring. These include recent plays in PATH, UPST, SNOW and our good […]
Continue Reading -->Options In Play – Watching, Waiting, And Trading
Some of our favorite go-to stocks can be out of play for days, weeks or months. Keeping an eye on the patterns as they develop can give you a good entrance once they resolve.
Continue Reading -->A Line in the Sand for Bullish Sentiment
Both QQQ and SPY have had double bottoms and equal highs over the past week. Sami’s expecting the market to start trending up again, but what has to happen before he goes bullish again? In this video, Sami explains: – How to determine what sellers and buyers are doing – What a line in the […]
Continue Reading -->Options In Play – Earnings On The Radar Week Of 5/28/21
We are through the heart of Retail earnings and now into a big week for Software stocks. Expect a busy week for the sector.
Continue Reading -->Scott Redler’s Instagram Account Is Here
Looking for Scott Redler’s REAL Instagram account? Well, you can find him on Instagram at @scottredlert3. View this post on Instagram A post shared by Scott Redler (@scottredlert3) So join him for motivation, memes, charts, and of course… the #630club! And after you follow him, leave a comment on a post! We need your help to blow […]
Continue Reading -->How To Identify A Hot IPO Breakout Setup Before It Happens
SKYT IPO’d in April. After shooting up 50%, it consolidated. SKYT left two consecutive NR 7 Days last Friday and this Monday. An NR 7 is the narrowest range in 7 days. These contractions in volatility are often quickly followed by expansions in volatility. Consequently, I alerted Hit & Run members to go long. We were […]
Continue Reading -->False Moves Lead To Fast Moves, A Deep Dive in the Q’s
We’ve been flagging the large range reversals since last week in many key marquee growth names. These include: TWLO’s Gilligan buy signal on May 11. ZS’s Gilligan buy signal also on May 11. SNOW left a Gilligan on May 11. Ditto ENPH. A Gilligan is a signal I created and showed in my Hit & Run books […]
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