Category Archives for Sami Abusaad
Are We Due For A Pullback?
Sami explains why he’s still bullish but explains the setup he sees for a possible market pullback. The buy setup he sees in Bitcoin Why ARKK appears to have bottomed The penny stock he really likes this week The 123 short setups he sees in DXC The hourly based breakdown in HAYW
Continue Reading -->Market Bias Turns Bullish
Sami explains how the market bias has turned bullish and what he is looking for to be all out bullish himself: His long strategy after the market bottom The 123 setup in CCI Why GSAT is primed for a breakout Why he likes real estate stocks like ABR short The 123 bearish continuation play in CINF and CYH
Continue Reading -->Bearish Momentum Subsides
Sami explains the signs he is seeing for an uptrend in the market: The bullish signals he sees in QQQ and SPY Why he’s waiting to play CVBF The bullish 123 setup in KLTR Why the sell setup in HASI looks pretty The extreme weakness he sees in T
Continue Reading -->Is the Market Breaking the Downtrend?
Sami explains what shows the market may be breaking the downtrend: What needs to happen for the downtrend to end Where BCAB is poised for a breakout Where to set the target on a long swing The buy setup he sees in IBM Why he sees IMTE crashing further
Continue Reading -->Should We Trust the Monday Rally?
Sami explains why he is skeptical about Monday’s rally: Why he was surprised by the market’s rally Where Sami sees most of the overhead supply Why Monday’s gap could be a novice gap Why Sami wants to take profits on swing longs The big problem Sami sees with new swing longs
Continue Reading -->50% Market Drop Ahead?
The S&P 500 officially entered a bear market last week with SPY and QQQ both in a bear market as well. Now Sami is predicting a 50% drop in the market! That would mean a long downtrend is ahead. Find out both the bullish and bearish trades he’s targeting this week. In this video, Sami explains: -Why he’s predicting a HUGE drop in the market -Why he feels like he hasn’t missed out on ADMA -Why he sees DOCU as a good long-term breakout -How to play MVST as a day trade -This year’s huge breakout in SIGA
Continue Reading -->Who Wins the Week – Bears or Bulls?
All three indices – QQQ, SPY, and IWM – had a great bullish pop on Thursday and it looked like the market would start heading up. But then TSLA and AAPL had drops on Friday that completely negated the prior day’s green bars. What sign will determine whether the bears or the bulls have won? In this video, Sami explains: – What’s happening in the biotech/healthcare stocks – The bullish signal that he loves in ASRT – How BZUN compares to last week’s move in YINN – The effect a recession has on healthcare stocks – Why he feels like he missed out on CELH
Continue Reading -->Prepare for a Rally
The market rallied hard at the end of the day on Friday, leaving a big bottoming tail on the day’s candle. But does Sami think that that means we’ve hit the bottom? Find out what he’s watching to understand the market’s future direction, and what he’s expecting to see this week. In this video, Sami explains: – Why ADI is the only stock of its kind – How he handles uncooperative trades – The changes he’d make to his strategy if he knew the market had bottomed – What sets AUY apart from other gold stocks – Which gap showed up in BROS
Continue Reading -->What Sami’s Taking Long This Week
Sami has been trailing out of a lot of his short positions and adding on some long positions… but all of the long stocks have something in common. What do these moves say about his thoughts on the upcoming week? In this video, Sami explains: – Why he doesn’t have any shorts on this week’s watchlist – What is so interesting about AKAN – How he plans to play stocks near their all-time lows – Why it might be too late to get in EYE (and what would keep it in play) – What makes LIQT an exception to the rule
Continue Reading -->Thursday’s Bullish Bar
Sami’s been bearish since the market broke down on a buy setup, so he was surprised to see a bullish day on Thursday last week. What sign would change his sentiment to be bearish again, and how is that affecting his trades for this week? In this video, Sami explains: – The hallmarks of a bullish and bearish market – Why it’s too late to go short – How he would trade a sloppy stock like CTRA – What is so beautiful about DC – Why HRT looks like a long term play
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