15 Year Day & Swing Trader of Equities, Options & Futures. I Post Technical Analysis Setups to Watch. Not financial advice #markets #trading #breakout

Joined October 2012
3,881 Photos and videos
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I want to create a thread that explains why I am a breakout trader. One of the main things I watch for when trading is market compression and expansion phases. Money is made during periods of expansion and many traders get chopped up while the market is compressing. But if you understand these two phases and how to identify them, it can make a drastic difference in overall profitability.
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$HIMS going for that $30 breakout. Would love to see a close above $30.50 today to confirm.
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$SMTC daily breakout, needs to hold above $175
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Thomas Wood retweeted
$AMKR going for a daily breakout here. Needs to get and hold $80 for a push to $85:
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Thomas Wood retweeted
$STUB daily looking good still.
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Thomas Wood retweeted
Airlines this week should do well with Iran peace deal. Watching $UAL $DAL $JBLU $AAL etc.
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$WBS big breakout today. Needs to get and hold above $75 for more upside.
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Happy $SPCX day to those that celebrate!
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$STUB ready to rip! Love this setup.
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$CPNG with the daily breakout
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$JBLU bullish engulfing bounce off daily trendline. Needs to break and hold above $5 for a push to $5.50 area:
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Really liking the look of this daily $HOOD chart. With recent insider buys, if we can pop that $95 resistance I think $100 comes rather quickly and can turn into the new floor. I am long leaps
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$ASTI looking perky here, strong close tomorrow and I think we can push $12 fairly quickly. Nice find @wliang
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Thomas Wood retweeted
Reminder $UNIT monthly price chart looks beautiful:
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What if, the biggest contrarian trade is actually going long SpaceX? Seems like everyone is talking about how over valued it is lol
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$HIMS trying the resistance zone here... can we break and hold $30 for a leg up to $35? Keeping an eye on it for sure!
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$BROS heading toward $60 resistance break. Worth watching:
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$DKNG initial targets hit from yesterday's breakout.
$DKNG daily breakout. Gap fill target is $30
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