By Brian Shannon, CMT
Price has memory. That is a key concept in technical analysis. One of the basic tenets of the study of price history is “support broken, tends to act as resistance” the opposite is also a technical analysis maxim, “resistance broken, tends to act as support.” Have you ever considered […]
Like many stocks I trade, I have no idea (or interest) in what $BGC does to justify themselves as a company.
I am a trader of stocks and this stock looks interesting as a swing trade candidate.
If I was an investor, I would look at that 2 year inverted head and […]
With the S&P 500 hitting new all-time highs on a consistent basis, many people are wondering when this rally will end. Rather than focus on what could go wrong, I like to focus on the opportunities in front of me and manage risk in each trade on its own merits.
I am […]
In the Monday night video with trade ideas for today, it was suggested that ATI was a good long swingtrade candidate on strength above Monday’s high of 1922 REVIEW THE VIDEO HERE
On Tuesday morning, the stock opened weak and continued to go through the suggested stop level, thus ruining the initial risk reward. 15 […]
When people see my videos, one of the most common questions I receive is “how do I get the VWAP to show like that?” The video below shows how to use the “Anchored VWAP by Alphatrends.” To me, it is the perfect combination of Price, Volume and Time. I will host […]
In Monday nights webinar (SEE RECORDING HERE) we spent a good amount of time talking about why we DO NOT set our stops until AFTER the market has opened and settled down for a few minutes.
On Tuesday, morning two of our overnight stocks opened below our suggested stop levels but we did not execute the […]
On Monday Morning I was asked about PBYI as a purchase candidate at (point A) on the chart. The questioner mentioned that the stock had traded as high as $100 pre-market. My response was, the stock is below declining vwap and do not want to purchase at that time. About 30 […]
The password to this video is “vwapmagic”
VWAP Overview for Alphatrends Subscribers from Brian Shannon – Alphatrends on Vimeo.