Strong charts on choppy days, eg DIS TSM today

Discussion in 'Trading' started by KCalhoun, Aug 5, 2020.

  1. KCalhoun

    KCalhoun

    Market just gapped up and consolidated today, how are you trading it?

    I alerted members to good relative strength breakout in DIS today, other good charts = TSM LPSN UCO GDX
     
    murray t turtle likes this.
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    Took some profits around noon or so on tech X2 etf, several weeks in that.;
    cut a 4% loss on sdow today. Over all profit; but good thing i never did get to build up a position in sdow.
    I'm also in more cash tech etfs than leveraged ETFs, now...…………………………………………..,KC.

    Good swing trade/ turned to daytrade out of SPXS/made about 1% net,yesterday.
    Good thing I daytraded out of it or I would have lost money on spxs/LOL [If I tried to trade a nickel range on spxs like today, most likely would have lost money/not a predictionLOL]
     
    KCalhoun likes this.
  3. KCalhoun

    KCalhoun

    Traded GDX vs DUST today, small stop buying hod GDX, win in DUST pivot. Avoiding inverses til after reverse split.
     
    murray t turtle likes this.
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    GDX=excellent uptrend...………………………………………………………………………………..[IF my data is correct, dust went up/down 40-50% in a day/LOL. Tough swingtrade.]