Category Archives for Sami Abusaad
Trading a Top-Heavy Market
There’s a divergence in the indices, making the market top-heavy. Sami says you can expect a rotation, but right now his view of the market is dependent on what exactly you’re looking at. In this video, Sami explains: – Why AMRS is not a typical play – The type of breakout in ARWR – What he’s watching before he plays FCX – How to find a bottom in a stock like PCG – His long term play idea for this week
Continue Reading -->The Pattern Most Stocks Have
We got the drop that Sami was predicting last week, and now the market’s gone back up. Find out how to trade the current buy setup and why Sami says this week is an easy call. In this video, Sami explains: – Why he only included stocks over a million shares on his watchlist – Where the entry is triggered on a 1-2-3 setup – How the IWM affected many of the stocks on his watchlist – Why he prefers GEO over EAF – One of the biggest mistakes he’s made recently
Continue Reading -->Pullback on the Horizon
Friday ended with a reversal bar in the market, and Sami’s expecting a pullback this week. How has this affected his open positions? And which moves does he anticipate are on the horizon? In this video, Sami explains: – How to find a reversal bar after a runup – His general rule for placing a stop – What would make him like CMRX as a long-term play – The two possible stop prices for DNN – How he’d trade a stock like MARA
Continue Reading -->How to Find the Line of Support
The market is starting the week all out bullish, and should continue to be bullish barring a break of the line of support. Sami will tell you where he thinks the lows of the market are for the week and where it could be heading. In this video, Sami explains: – His best trade from last week (and which name is looking the same) – Why it’s not too late to get in ANAB – How you can find an entry on a stock you like – Which name has a classic 1-2-3 pattern – Why he’d like to get in on HPQ
Continue Reading -->Expecting a Drop in the Market
Some of the tech stocks were hit, causing relative weakness in the market. But the buy setup on the weekly QQQ and SPY charts worked, and Sami’s expecting a drop to come, although the size of the drop is yet to be seen. In this video, Sami explains: – Why he wants to get out of half of his SHIB position soon – Which reliable name is looking good to trade again – What signaled a good buy opportunity in AVIR – Where he thinks ELAN is heading – Why it’s not too late to get in on EPIX
Continue Reading -->What Needs to Happen to Start an Uptrend
The market broke its downtrend and put in one higher high and one lower low. Sami says that’s good enough to go off of, but not enough for an uptrend to be well-established. Find out what his uptrend criteria are and what you should watch for. In this video, Sami explains: – What a red bar will be the ultimate confirmation of – Why last September was his worst month – How AAPL compares to NVDA – Which Chinese stocks he prefers (including his favorite) – What the second entry for ETN is
Continue Reading -->What It Will Take For an Uptrend
SPY has finally broken its long uptrend and has started to trend down. Friday ended with a bullish bar, but that doesn’t mean much – UNLESS the bar produces follow through. Find out what Sami thinks will happen this week. In this video, Sami explains: – Why you should keep an eye on IWM – His method for setting a stop in a name like AFRM – What to do with stocks that only have a daily buy setup – Which stocks he prefers to take as investments – His favorite chart for the upcoming week
Continue Reading -->Up in the Air
Last week the market started off with a big gap down, nearly reaching Sami’s target in one day, but then spent the rest of the week moving up. Right now it’s anyone’s guess which way the market is going this week, but Sami discusses what will signal a bullish or bearish move. In this video, Sami explains: – Why he hopes the market will turn bullish – Which pattern can be found in AVDL – The chart to watch for CALX – Where CHRS could be heading – How to find two buy setups in COUP
Continue Reading -->Post-Market Breakdown
Last week, Sami claimed that the market would have to break that Friday’s high before he got bullish. It never did, and this past Friday the market broke down. Find out where to watch this upcoming week for a possible trend break. In this video, Sami explains: – If IWM will continue to break from the norm – What will signal a secondary entry point for ADMP – The problem with AXSM – Which setup can be found in CDZI – What makes casino stocks interesting
Continue Reading -->How to Trade a Market Pullback
Last week’s market was boring before it rolled over on Friday. Sami’s looking for an upcoming pullback, but there are different ways to trade it depending on how it moves. Find out what his plans are for each scenario. In this video, Sami explains: – The condition under which he would trade AEHR – How to recognize a Transition A breakout – Where he wants to see FBRX go before he commits – The problem he has with GSAT – Why he only held SD for one night
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