If you caught the trade idea from last week, AMD flirted with our stop for brief moments the past two trading days. VIX & SPY price action ultimately gave me conviction to see the trade through along with a low risk position & entry. However, price trampolined off 107 from a textbook 1 minute double bottom at the open Monday before closing at 111.98 (4.10%) and also up after hours! The $10,000 dollar swing trade is in full gear. 116 is our next big level before the breakout area where the...

A stop loss is an order to sell a security or commodity at a specified price in order to limit a loss. You have two options when it comes to placing a stop loss. Percentage Loss Technical Analysis The first option when placing a stop loss is determined by a percentage loss per trade. Let’s use 25%. This means you will never lose more than 25% on any single trade. If you’re average entry is $100, then $75 is your stop loss. The next option is technical analysis based. You should place your...

Check out this Weekly chart: ARRY beat earnings last week and price is up 32% the past 3 trading days. Most of the market was red last week which shows incredible strength. This weekly chart shows a clear inverse head & shoulder, a bullish chart pattern: Looking back at the weekly ARRY chart, 25 will be a huge resistance level. If price can break above 25, we could see new uptrend which approaches ATH at IPO levels. A break of IPO & all-time highs is a major move in new tickers. Big things...