Earnings Alert – 5/22/19

How to Pick Your Perfect ‘Buy Moment’

Director of Education Sami Abusaad teaches you a critical lesson: where to buy and sell anything. Whether it’s stocks, bonds, forex, options, commodities, or futures, it doesn’t matter – Sami provides a foolproof method for picking your perfect entry and exit. Before he jumps into that lesson, he revisits his previous lessons on support and resistance. If you missed those lessons, now’s a great time to review them here and here. Plus, he follows up with an answer to the question he received most after last week’s lesson: which is stronger between major and minor resistance? Sami takes a deep dive on his main topic, letting you know the three signals you must recognize to find your perfect buy moment – and, just as important, the perfect time to sell. This includes recognizing each moving average for it’s own individual value, and learning how to interpret what you find. The differences between what they are telling you may surprise you! Understanding one of them will allow you access to the most powerful buy set up Sami knows of… If you can get it right, one chart reading is worth thousands of extra dollars in your pocket. Get in the know with Sami now:

Are All Ride-Hailers Created Equal? And Sami’s Other Trade Ideas This Week

In his latest look into the upcoming week, Sami checks in with the QQQ and SPY, explaining how they tell him that the market’s future isn’t as clear as it sometimes is. Sami’s got levels he thinks the QQQs need to hit to make it under the prior low, and a plan for how to trade if that happens. Sami also takes a deep look at some of the names he’s trading – and specifically avoiding. How do Lyft and Uber factor in? He explains why these two ridesharing titans should be treated – and traded – differently following their disappointing IPOs:

Sami’s Game Plan for Bitcoin: Bearish or Bullish?

Today, Sami Abusaad gives you his take on how to trade the current cryptocurrency market. He’s been keeping a close eye on Bitcoin for two months – and has been bullish the whole time. His trade plan worked spectacularly, resulting in your investment more than doubling if you took his advice and held long. But, Sami warns about one silly mistake he made, costing him a big opportunity – and lets you know how you can avoid this simple mishap by always checking one extra thing. Want to know how to get in on crypto at the right time? Check out Sami’s latest today.

Options In Play – Earnings On The Radar Week Of 5/24

Retail reports started to drop this past week but next week there will be a bunch of heavyweight names in the sector giving results. The hot Software sector will also see some key companies reporting.

Inside the Redler All-Access IPO Corner: Uber and Beyond!

2019 is turning out to be a BIG year for IPO’s.  Pinterest (PINS), Zoom (ZM) and Lyft (LYFT) were big names of interest in April. Since then, Uber (UBER) and Beyond Meat (BYND) joined the club. In fact, the Redler All-Access Morning Note now has an IPO corner. Here’s what I wrote today before the market open: LYFT showed some rare relative strength but it’s still very broken. The recent low is $47. It reclaimed $50 yesterday. It needs to hold $49. There is some room towards $52-$54 but that’s heavy resistance.PD has trended higher. $42 was our listed pattern price. It’s done very well, hitting a high of $54.57. Now it’s a bit extended. The 8 day is $49.ZM needs to hold $70 to keep upper momentum.PINS is choppy but the pattern is building. Now see if $27.02 holds to keep things constructive.UBER showed some strength yesterday as it closed near the highs. I bought some. My stop is in the $38 area. Hopefully it can get another day up and clear $40 for a push towards $41.BYND remains very strong as it cleared $72 to make a high of $80.75 yesterday. See if it can hold $76 to keep momentum. UBER had a rough first 2 days after coming public. But yesterday, it was strong and I got long before the close. Turns out good news hit right after the bell rung:Here’s the UBER chart I made just before noon today, where you can see the follow-through:UBER filled the gap and hit $41.69 today for a nice one-day gain. This was a nice little cash flow trade. Moves like this won’t make you rich but short-term 5% winners do add up. Now I’m looking for another setup in UBER, which I’ll be sharing in Redler All-Access. Let’s talk about BYND now, which was trickier. I said it needed to hold $76. It broke that level this morning, but look at how fast it came back to shoot up to $92:That’s a sign you need to pay attention. The key here is that BYND broke above that nice bull flag to take out $80.75, then the post-IPO high of $85, before finally reaching $92. So you probably know why we’re following the IPO names so closely in Redler All-Access (click that link to follow along) — they often set up great patterns for nice intraday cash flow trades and swings.Positions Disclosure: As of May 15, 2019 at 1:11 p.m. ET, Scott J. Redler was long SPY, TWTR, QQQ, AMRN calls

Spotting Major League Support & Resistance

In the latest entry to his lesson series, Sami Abusaad builds on last week’s lesson to catch you up to speed on major price support and resistance. He kicks this video off with a review of minor support and resistance, but, if you missed the last episode, do yourself a favor and catch up here. Your P&L will thank you! This lesson focuses on how you can use this concept to exploit the opportunities that present in a sideways trading patterns. The market often gets stuck that way, so understanding when to make your move in this situation is essential. In fact, this concept is so powerful, Sami knows traders who live comfortably by exclusively buying stock at/near support and selling at/near key points of resistance. Sounds crazy, but Sami just gave you the keys to car. Drive your way to comfortable living on one concept now:

Options In Play – The Bending Trend In WWE T3 Live

We spent a lot of time focusing on trending stock trades last week and broke down a few different ideas on how to approach those trades. The key to trending trades is knowing when the trend is breaking and WWE looks in danger of doing just that.

The Questions a Smart Trader Is Asking Herself Right Now

Sami updates last week’s correct call on the end of the uptrend on the daily QQQ chart, and what he sees coming up this week. Want to move forward like a pro? Then these are the questions to ask right now: Did we break under the long term trendline? (Yes!) Did we break under the moving average? (Correct!) Do we have price below the moving average now? (Absolutely!) Is the moving average now flat or starting to move down? (You bet!) This all points to coming weakness. But, something on Friday contradicts these points…  so how should you play it? Watch now to see Sami’s latest game plan so you’ll understand how to play this uncertain market: 

Swing Trading Game Plan: A State of Flux

Welcome to Sami Abusaad’s latest swing trading game plan! In last week’s video, Sami identified $186.80 as the “line in the sand” for QQQ. We broke it, which means trouble could be on the way. However, Friday’s bottoming tail was undoubtedly bullish, complicating the situation quite a bit. Unless major news hits soon, the market could be a state of sideways flux. So Sami is coming in with a neutral (but slightly bearish bias) — which is not his favorite type of market. Sami has 6 long and 7 short ideas on the radar for this week, including BEST and NUAN. See how he’s looking to play these names in what could be a tricky stretch for traders.