Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile
Karan Bhagtani- MS, CFA

@karanbhagtani1

#StockMarket 📈 - Tweets, Threads, Videos helping People & myself learn Technical Analysis, Risk & Emotion Management.

ID: 1257693336066023425

linkhttps://t.me/karanbhagtani calendar_today05-05-2020 15:27:35

2,2K Tweet

3,3K Takipçi

116 Takip Edilen

Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

$NBIS Attempting to breakout from this range The trick to pick the strongest name from a strong sector is pure price action understanding - which names respect the moving averages - which names do not breakdown with heavy red candles - which names form longer tails &

$NBIS 

Attempting to breakout from this range

The trick to pick the strongest name from a strong sector is pure price action understanding 

- which names respect the moving averages 

- which names do not breakdown with heavy red candles

- which names form longer tails &
Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

$WDC, $NBIS & $BE All have participated in today’s up move so far. If this move can be trusted or we will have a day end fade - only time will tell but we are well placed so far !!

Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

$DG Dollar General Been on the radar since quite some time. A slow mover and after a flush out yesterday, again attempting to breakout today. Looking to build a position here

$DG Dollar General 

Been on the radar since quite some time. 

A slow mover and after a flush out yesterday, again attempting to breakout today. 

Looking to build a position here
Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

$TGT Target also from the same sub-sector as $DG attempting to breakout today. Deepvue makes it super simple to quickly look at sub-sector stocks & see how they are behaving. Only issue with Target is that it's not near its highs and just transitioned into Stage 2

$TGT Target also from the same sub-sector as $DG attempting to breakout today. 

<a href="/Deepvue/">Deepvue</a> makes it super simple to quickly look at sub-sector stocks &amp; see how they are behaving. 

Only issue with Target is that it's not near its highs and just transitioned into Stage 2
Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

$Q also gave a nice inside day breakout! Was in the core watchlist, alert triggered but was busy looking at other names and missed this one! Impossible to capture it all. Only hope is it sets up again and runs. Sector also strong today

$Q also gave a nice inside day breakout! 

Was in the core watchlist, alert triggered but was busy looking at other names and missed this one! 

Impossible to capture it all.

Only hope is it sets up again and runs. 

Sector also strong today
Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

$FSLY another EP from the same sector as $ICHR, setting up for a continuation move. These move to the under observation watchlist as the same sector is having strong earnings reaction in a otherwise dull market

$FSLY another EP from the same sector as $ICHR, setting up for a continuation move. 

These move to the under observation watchlist as the same sector is having strong earnings reaction in a otherwise dull market
Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

$WDC The only thing which inhibited me from going in with a heavy size is because the move is too late in its stage 2. From the time the stock transitioned into Stage 2, this is the 4th time it has formed a base and attempted to rally. Moves generally die down by the 3rd

$WDC 

The only thing which inhibited me from going in with a heavy size is because the move is too late in its stage 2. 

From the time the stock transitioned into Stage 2, this is the 4th time it has formed a base and attempted to rally. 

Moves generally die down by the 3rd
Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

$BE Although the breakout is visible in hindsight, there was no low risk entry available. Maybe if it forms a pivot while consolidating is when swing traders who trade tight areas, can try. It's very important to adapt in this market and adjust entry tactics. That's why I

$BE 

Although the breakout is visible in hindsight, there was no low risk entry available. Maybe if it forms a pivot while consolidating is when swing traders who trade tight areas, can try. 

It's very important to adapt in this market and adjust entry tactics. 

That's why I
Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

$KLIC This will be an ideal price action if it attempts to breakout from here. (seeb white lines) It's a good habit to pre-empt moves so that it starts becoming a part of your muscle memory. In the "Under Observation" watchlist

$KLIC 
This will be an ideal price action if it attempts to breakout from here. (seeb white lines)

It's a good habit to pre-empt moves so that it starts becoming a part of your muscle memory.

In the "Under Observation" watchlist
Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

$TXN Had an outside day today with some recovery spotted at the end of the day. Closely watching this one. Had a half size in here. If it does not recover tomorrow, I will cut the position. Strong name fundamentally

$TXN

Had an outside day today with some recovery spotted at the end of the day. 

Closely watching this one. Had a half size in here. If it does not recover tomorrow, I will cut the position. 

Strong name fundamentally
Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

$SNDK Waiting for this beast to set up. - Clean uptrend, now forming a flag / base at the highs - Never closed below the 20 Day Moving Average - that is exactly what leaders do - The memory super-cycle is still very much on with $MU, $WDC, $STX all in the right structure,

$SNDK

Waiting for this beast to set up. 

- Clean uptrend, now forming a flag / base at the highs 
- Never closed below the 20 Day Moving Average - that is exactly what leaders do 
- The memory super-cycle is still very much on with $MU, $WDC, $STX all in the right structure,
Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

$VIAVI Strong sector + right off a huge base & in stage 2 consolidation. Early entry was Friday but still looks ripe if the market supports.

$VIAVI 

Strong sector + right off a huge base &amp; in stage 2 consolidation. 

Early entry was Friday but still looks ripe if the market supports.
Karan Bhagtani- MS, CFA (@karanbhagtani1) 's Twitter Profile Photo

How can one be bearish the AI Infrastructure theme! Prices will fluctuate but the original thesis hasn't changed. The world needs more compute!

How can one be bearish the AI Infrastructure theme! 

Prices will fluctuate but the original thesis hasn't changed. 

The world needs more compute!