SkyboundTrades (@skyboundtrades) 's Twitter Profile
SkyboundTrades

@skyboundtrades

Trading and stuff - journaling my thoughts of the market here.

ID: 892250348135624705

calendar_today01-08-2017 05:07:14

871 Tweet

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$VG setting up in one of the strongest sectors. Has now formed the "fake break, squat, breakout" setup I've picked up from Elite Swing Traders One of the best looking charts in current market IMO.

$VG setting up in one of the strongest sectors. Has now formed the "fake break, squat, breakout" setup I've picked up from <a href="/1ChartMaster/">Elite Swing Traders</a> 

One of the best looking charts in current market IMO.
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$UEC sitting top of 50EMA and support. If we zoom in to 30min chart there are few things suggesting it might find support here: 1. Break of DTL after shakeout 2. Creating IHS pattern just above support 3. Reclaimed the 8/10EMA cloud The industry looks good too.

$UEC sitting top of 50EMA and support. If we zoom in to 30min chart there are few things suggesting it might find support here:

1. Break of DTL after shakeout
2. Creating IHS pattern just above support
3. Reclaimed the 8/10EMA cloud

The industry looks good too.
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$STX and $MU both looking to setup for breakout whiöe the memory and data storage industry is still one of the leading industries.

$STX and $MU both looking to setup for breakout whiöe the memory and data storage industry is still one of the leading industries.
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$DG continues to show relative and forming inside day today near 52w high. Weekly shows clean flag where the price is riding the rising 8EMA. Not the strongest industry, but nice setup never the less.

$DG continues to show relative and forming inside day today near 52w high. Weekly shows clean flag where the price is riding the rising 8EMA. Not the strongest industry, but nice setup never the less.
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$ROIV post-earnings ascending triangle. Showing relative strength today, with RS making new high before price. This is good sign on index wide down day.

$ROIV post-earnings ascending triangle. Showing relative strength today, with RS making new high before price. This is good sign on index wide down day.
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There's some good looking charts, but we are hitting net lows and potentially losing what momentum there was left. Trying to narrow my focus and aerospace & defence looks to be shaping up. $WWD is setting up in this sector with 5 tight closes in a row.

There's some good looking charts, but we are hitting net lows and potentially losing what momentum there was left. Trying to narrow my focus and aerospace &amp; defence looks to be shaping up. $WWD is setting up in this sector with 5 tight closes in a row.
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$ARW pulling back after making fresh ATH, undercutting previous low. Volatility contracting. Will monitor this closely, for low risk entry.

$ARW pulling back after making fresh ATH, undercutting previous low. Volatility contracting. Will monitor this closely, for low risk entry.
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I like how $DE is acting after making fresh ATH on high volume after earnings. Now pulling back, filled the earnings gap and consolidating. Requires some time, but first 20EMA test after the uptrend will most likely offer good risk to reward spot.

I like how $DE is acting after making fresh ATH on high volume after earnings. Now pulling back, filled the earnings gap and consolidating. Requires some time, but first 20EMA test after the uptrend will most likely offer good risk to reward spot.
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$DIOD reversing from the 20EMA. One of my focus names coming in today. Did not trade it, but have my eye on this now for potentially creating VCP pattern.

$DIOD reversing from the 20EMA. One of my focus names coming in today. Did not trade it, but have my eye on this now for potentially creating VCP pattern.
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$HAS closed the earnings gap with U&R setup just below the previous ATH. Not the best industry, but this might offer a tradeable setup later on.

$HAS closed the earnings gap with U&amp;R setup just below the previous ATH. Not the best industry, but this might offer a tradeable setup later on.
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$IPGP pulling back after high-volume earnings move. I still want to see volume and and volatility to dry down a bit, and potentially a higher low structure to form.

$IPGP pulling back after high-volume earnings move. I still want to see volume and and volatility to dry down a bit, and potentially a higher low structure to form.
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There is a lot of setups forming but $KLIC is maybe one of the best. - Clear structure - High accumulation - Low volume pullback to KMA - No significant overhead resistance - Strong industry group - Signs of sellers being exhausted

There is a lot of setups forming but $KLIC is maybe one of the best. 

 - Clear structure
 - High accumulation 
 - Low volume pullback to KMA
 - No significant overhead resistance
 - Strong industry group
 - Signs of sellers being exhausted