All posts by Sami Abusaad
I’m Still Bullish Longterm
Sami Abusaad remains bullish on this market long-term, but is looking for possible consolidation in the near-term. He breaks down what the charts are showing: Sami goes over: A look at SPY QQQ and IWM BRBR‘s strong monthly chart The “very bullish gap” in LFST Why NAK has a more bullish setup than MP Short setups in ABTC, CPRT, GTLB, and more And even more trade ideas!
Continue Reading -->The Bear Just Croaked
The market never broke down, so Sami switched gears fast. But, we can’t just buy everything fast: Sami goes over: Why the bear case died Why the long-term bias is now bullish The ideal setup for new buys Why he is looking for a big move in Amgen (AMGN) A biotech stock with almost “unlimited potential” Why Sprout Farms Markets (SFM) can rally after a huge decline 6 names that look set to drop And MORE
Continue Reading -->I’m Still Bearish
Sami Abusaad the market has not recovered and is still in bearish mode: Sami also goes over: Why Eli Lilly (LLY) is a perfect example of a legitimate uptrend Why the market has clearly turned bearish His downside target for SPY How he finds winning long ideas in a bearish market Why biotech stocks are working so well, and his favorite name Where he wants to buy IBIT for a rebound Why so many names need wide stops here A super bullish energy name that looks ready to rally hard Why Netflix (NFLX) is set to decline – even after its huge decline
Continue Reading -->The Strange Sign That We Topped Out
Did the market top out? Sami Abusaad believes the charts say yes. Sami goes over: The strange clue that Bitcoin just left traders Why the charts indicate more downside ahead Why Friday’s low are so important The power of Village Farms International’s (VFF) beautiful monthly chart His short list, which has multiple excellent opportunities The reason he changes his mind on Disney (DIS) The coming weakness in Duolingo (DUOL) And MORE!
Continue Reading -->The Nasty Gaps Look Good
The market bounced hard on Friday. But is the bull back? On Sunday night, Sami explained the easy way to tell, before Monday’s big rally. Sami goes over: How the bulls can take back control (which did happen, making Sami’s analysis even more important) His favorite long ideas right now Several names with big gaps down that look bullish A solar name that looks ready to shine (sorry for this pun) An ecommerce stock with a beautiful daily chart setup 4 short setups that look great today And MORE!
Continue Reading -->Getting Extended: Is A Pullback Ahead?
Sami Abusaad says the market has become a bit extended after breaking out. He says if prices break below Thursday’s low, expect a pullback toward the breakout area and the rising 20-day moving average: Sami goes over: The 1-2-3 pattern in COMM The weekly buy setup in GOSS Two casino names on his swing watchlist The “very bullish” monthly chart on TSLA Why U looks headed for $100 Where he would short RBLX And more! Key Takeaways: Stick to short-term trading until there’s clarity. Watch Thursday’s low for direction — below it suggests near-term weakness. If support holds and a strong bounce occurs, bullish bias continues.
Continue Reading -->Bear Get Beaten Back: Those Big Red Bars Mean Nothing Now
In this week’s breakdown, Sami Abusaad reviews the major indices — and how he’s positioning onto the end of October. After a quick breakdown, the market reclaimed its 20-day moving average and pushed back into the upper third of the range. Sami notes that “the trend usually wins out.” And the trend looks up. Sami also goes over: Why he’s leaning mildly bullish, expecting the market to drift higher into month-end unless new weakness proves otherwise Why the monthly chart will be important when the October bar is completed An early-stage base breakout that’s “different from most charts out there,” showing promise if it continues to build strengt A long opportunity in Walmart (WMT), which recently broke out to all-time highs The bullish action in Tesla (TSLA) after it negated its big red bar Where Target (TGT) turns into an attractive long swing idea Potential long entries in ELBM, LU, and XERS The reason he’s cautious about pressing shorts right now 4 Key Takeaways: Market trend remains up, but follow-through into month-end will confirm strength. Focus on long setups showing relative strength and clean technical bases. Keep an eye on weak names like Caesars (CZR) and Under Armour (UAA) for potential short plays if momentum flips. Patience matters — Sam expects more momentum after month-end, not before.
Continue Reading -->We Topped Out. And It’s Russell’s Fault.
Sami Abusaad argues the market got exhausted and is topped out. And it’s the Russell 2000’s fault. Sami also explains: Why Friday’s big red candle was so hard to predict The power of a daily chart that just keeps grinding up The Russell 2000’s role in creating the recent market top Why it’s so hard to find good shorts after Friday’s action A biotech name with big upside potential Why the China names might bounce after Monday A hot quantum computing name that is about to pull in And more!
Continue Reading -->These 3 Hot Tech Stocks Are About to Drop Hard
Traders are always asking “is this the market top?” Sami shows his methodology for knowing whether the market has topped out, along with his favorite swing ideas. Which includes shorts in the red-hot storage stocks Sandisk (SNDK), Seagate (STX), and Western Digital (WDC) Sami shares: Why he NEVER tries to pick a top when the daily chart is grinding higher Why last week was not the top A 2-bar pattern that can confirm a top Levels in SPY, QQQ, and IWM you need to watch right now Why Altice (ATUS) has a beautiful monthly chart An AI play giving a secondary entry Why Roku (ROKU) looks like it’s going higher A hot natural gas name that is setting up as a short An AI stock that just went parabolic The problem with storage stocks Sandisk (SNDK), Seagate (STX), and Western Digital (WDC) And MORE!
Continue Reading -->The Bitcoin Danger Signal
The major indices just put in a buy setup – but that doesn’t mean it’s “all systems” go for buyers. Sami argues Bitcoin is signaling potential danger ahead. Sami also goes over: Why Bitcoin is at risk of a short-term pullback, and the level you need to watch How Bitcoin can “infect” the equity markets What a “normal” long-term top looks like His next big China name after a grand slam with Alibaba (BABA) Where is looking to get in Bitmine Immersion Technologies (BMNR) A quantum stock that put in a climactic sell setup Why there is more downside ahead in leaders Western Digital (WDC), Sandisk (SNDK), and Seagate (STX Want to get to know Sami better? Check out this interview:
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