As Sami Abusaad jumps in on his stock and cryptocurrency trades ideas for the week, he takes a look back at last week’s call on the Market topping out. Was he right? And will the current trend hold? He explains exactly what he foresees, and why you must still look back at December’s epic low when looking for what’s to come. Plus, you probably thought that it isn’t possible to make decent money on a $0.50 or lower stock. Sami shows how you can make any trade profitable – if you know how to tweak your trades for maximum gains. Tune in below for more of his expert-level lessons.
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The calm before the earnings storm. This coming week will only feature a handful of interesting names but with earnings season officially kicking off the following week, we are at the point where we may start to see preliminary guidance.
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The kick off of the MLB season and the upcoming start of 2nd quarter earnings season is a great time to focus on basics again. MOV had multiple indicators pointing to a potentially large move on results and it followed through on it today.
Continue Reading -->This afternoon, Scott Redler appeared on TD Ameritrade’s ‘The Watch List,’ hosted by Nicole Petallides: In this video, Scott breaks down: -Why Scott is focused on technical analysis instead of opinions-The SPX’ wedge pattern, which signals indecision-The reason Scott likes the ‘tight pattern’ in the SPX-Why the bulls need to get above 2830-What it takes to get back to 2900+-The bears’ concerns like the inverted yield curve-What could happen following quarter-end ‘shenanigans’-The level that needs to hold-Why short-term traders need movement right now-Why the QQQ’s are important, and why they need to hold $176-What’s coming next for AAPL-Why Scott feels indecisive, and how his positions reflect that-What he does when the momentum trend breaks-The one thing Scott loves now (it’s not a stock!) Positions Disclosure: As of 3/28/2019 at 3:12 p.m. ET, Scott J. Redler was long CGC, GOOGL
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TLT was a sleeping giant for most of December through March. The focus of most traders shifted to equities as TLT hung out sideways but a big move recently has brought everyone back.
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Today, Sami Abusaad builds on his first lesson on reading Japanese Candlestick Charts. He reviews how they differ from Western Bars, the types of candlesticks you will see when reading them, and the rules on how to interpret what you see. Plus, he goes even deeper into the topic by providing analogies to help you remember each pattern and explaining how to know when to go long or short. If you want to master trading, you must master your tools first. Make sure to watch his first lesson on Candlesticks – once you do, you’ll be ready to take on today’s more advanced video and get going with the next stage of your trading career.
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AAPL sat sideways for nearly all of February and gave no indication it could have the powerful move it saw in March. Now that it has had a huge run without a lot on board, what do you do with it?
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Last week was a busy one for Biotech with some key pipeline updates and big movers. This week has started off with some action and more news is expected as we head into quarter end.
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In his latest video, Sami Abusaad discusses why be thinks the market has temporarily topped out. Room members knew the moves he took to minimize losses ahead of time – and you could, too. Sami is spotting lots of risk currently. When should you be selling off your shares? It may be sooner than you thought. Plus, what he foresees for the future in the market. Watch to keep your profits steadily on the rise.
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Sami Abusaad is launching a new video series, designed to give you a complete understanding of technical analysis for beginners and experienced traders alike. Jump into his first episode on a topic every trader must understand: how to read the Japanese Candlestick Chart. You may think you understand this topic well enough, but Sami’s lesson provides background that even experts may be missing. He covers why we use candlesticks, how to read them, and how they help us understand the most important element of technical analysis. Watch along to make sure you’ve got all the basics covered.
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