Charts of Interest
Remember, it [the market] is designed to fool most of the people most of the time.
Snow Weekly - Stage 1 Breakout
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Charts of Interest - LMT KTOS AVAV
The game taught me the game. And it didn’t spare me rod while teaching.
Be fearless, not reckless.
Charts of Interest - NVDA SMCI
Daily H&S with a Measured move nears its 200dma
Trade Fearlessly, Not Recklessly.
Charts of Interest
$GLD $DXY $QQQ $XLE $BTC.X
The unsuccessful investor is best friends with hope, and hope skips along life’s path hand in hand with greed when it comes to the stock market. Once a stock trade is entered, hope springs to life. It is human nature to be positive, to hope for the best. Hope is an important survival technique. But hope, like its stock market cousin’s ignorance, greed, and fear, distorts reason. See the stock market only deals in facts, in reality, in reason, and the stock market is never wrong. Traders are wrong. Like the spinning of a roulette wheel, the little black ball tells the final outcome, not greed, fear or hope. The result is objective and final, with no appeal.
Trade Fearlessly, Not Recklessly.
Charts of Interest - XLE
No matter how great & powerful you are, if you have not conquered your mind you are a slave.
XLE Monthly
XLE - Weekly stair stepping higher.
USO Monthly Look
USO Weekly
DVN Daily - Breaking higher out of range.
OXY Daily - Breaking higher on Friday.
PXD Daily - Broke higher Friday into all time highs on huge volume.
EOG Daily - Also broke higher into all time highs on Friday on above average volume
XOM Daily Chart - Still under ATH’s, sitting near high end of this range. 100 likely act as a magnet. All time highs sitting at 104.75
INDO Daily Chart - 99RS Rating.
OVV Daily - w/98 RS rating. EPS due this week (5/10/22)
COP Daily - ATH’s on Friday.
Some other names of note:
APA
MUR
MRO
CVE
IMO
NFE
SU
EQT - 3wt
CVE