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base and break

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Wall St. Warrior
(2)
Base & Break - Biogen Idec Inc. (Public, NASDAQ:BIIB)

The first chart is the daily timeframe. We see that BIIB has been basing at the $60.00 level for a long time. Thursday's NRB (green) was the perfect setup leading into Friday's break. As mentioned...

Started in Wall St. Warrior • 1 year ago • 0 responses
Tags: pivot point, base and break

Wall St. Warrior
(2)
Dummy Gapper Trade of the Day - GameStop Corp. (Public, NYSE:GME)

As I pointed out in the pre-market post, GME was gapping up on high volume due to earnings and guidance. The pre-market high was $48.00 and when it set up a B&B long, I used the PM high as my target...

Started in Wall St. Warrior • 1 year ago • 0 responses
Tags: base and break

Wall St. Warrior
(2)
Base & Break - NVIDIA Corporation (Public, NASDAQ:NVDA)

NVDA is a watchlist stock. In the early going it carved out a higher low and held support of its rising 50 MA. It slowly moved towards its PP and set up a perfect dummy base & break. In the early...

Started in Wall St. Warrior • 1 year ago • 0 responses
Tags: pivot point, base and break, squeeze, pp

Wall St. Warrior
(2)
Base & Break - NVIDIA Corporation (Public, NASDAQ:NVDA)

NVDA is a watchlist stock. In the early going it carved out a higher low and held support of its rising 50 MA. It slowly moved towards its PP and set up a perfect dummy base & break. In the early...

Started in Wall St. Warrior • 1 year ago • 0 responses
Tags: pivot point, base and break, squeeze, pp

Wall St. Warrior
(2)
Narrow Range Trading Day - Small Moves and Missed Trades

UNH set up a nice long on the 5 minute but failed - lack of volume on the break. Shorting the failure would have generated a nice reward. NTAP looked like it was just about to break the trendline...

Started in Wall St. Warrior • 1 year ago • 0 responses
Tags: gapper, pivot point, dummy, base and break, fibonacci

Wall St. Warrior
(2)
NASDAQ Technical Picture - Loss of 200 DMA

The first chart is the NASDAQ daily which has lots of technical info. Click on the chart to enlarge the view.Basically, we gapped lower on the open and tried to recover the 200 MA in the early part...

Started in Wall St. Warrior • 1 year ago • 0 responses
Tags: pivot point, base and break, nasdaq

Wall St. Warrior
(2)
Base & Break - Alexion Pharmaceuticals, Inc. (Public, NASDAQ:ALXN) and Monster Worldwide, Inc. (Pu

The first chart is the 5 minute timeframe of ALXN which opened where it left off yesterday. Early weakness held support from yesterday's late day retracement. Then it chopped around and eventually...

Started in Wall St. Warrior • 1 year ago • 0 responses
Tags: dummy, base and break

Wall St. Warrior
(2)
Base & Break - Joy Global Inc. (Public, NASDAQ:JOYG)

The first chart is the daily timeframe of JOYG which shows the base and break pattern as well as the pivot point support area which I used as my target on the short entry highlighted on the 15 minute...

Started in Wall St. Warrior • 1 year ago • 0 responses
Tags: pivot point, base and break

Wall St. Warrior
(2)
Base & Break - Illumina, Inc. (Public, NASDAQ:ILMN)

ILMN was Jim's pick from the comments last night. The first chart is the daily timeframe with the blue line indicating the base. The second chart is the 3 min. timeframe which I used for my entry and...

Started in Wall St. Warrior • 1 year ago • 0 responses
Tags: base and break

Wall St. Warrior
(2)
Base & Break - Illumina, Inc. (Public, NASDAQ:ILMN)

ILMN was Jim's pick from the comments last night. The first chart is the daily timeframe with the blue line indicating the base. The second chart is the 3 min. timeframe which I used for my entry and...

Started in Wall St. Warrior • 1 year ago • 0 responses
Tags: base and break