OMAHACHARTS

Quantitative Technical Analysis & Long Term Asset Management

US Stocks Service Volume 16 – 2019

US Stocks Service Volume 16 – 2019

ADBE DIRECTION BUYZONE SELLZONE RISK/REWARD VEHICLE LONG 275-280 310-315 -5/30 OPTIONS This past week, ADBE broke out, invalidating a top near the $280 price level. We should now expect that former resistance becomes support and pull backs can be bought for a move higher. We don’t have to worry about earnings until Mid June and [...]

Getting May Off To A Smoking Start

Getting May Off To A Smoking Start

And just like that, it's May. Let's get right to it... My team and I have taken a position in Philip Morris calls. Not because we condone smoking, but because we are next level market technicians that have about 30 years of experience doing analysis you wouldn't dare. Take a look:     An inverted [...]

Five Setups In Five Days (5/5)

Five Setups In Five Days (5/5)

We made it. It's Friday. Before we finish out this week we have one more setup to take a look at. This setup in particular is something we covered in our Premium Service Letter this past weekend which played out exactly how we thought. Here is the excerpt we posted last weekend: SETUP #5: AXP  [...]

Five Setups In Five Days (4/5)

Five Setups In Five Days (4/5)

Happy Thursday. Yesterday's post highlighted an objective approach in taking a short trade. Today we will reverse course and do the opposite which is take a long trade based on a subjective premise. Triangle chart patterns are second nature to a technical trader. They are important because as price coils and a stock undergoes contracting [...]

Five Setups In Five Days (3)

Five Setups In Five Days (3)

For the hump day edition of this week's five setups in five days I wanted to turn your attention to a short setup. I want to preface this post with a disclaimer: Shorts are not my forte. I have never been able to consistently make money by betting on the downside. Maybe it's just now [...]

Five Setups In Five Days (2)

Five Setups In Five Days (2)

Happy Tuesday! For Day Two of our Five Stocks In Five Days Segment I want to focus on a different type of setup. Market technicians are often heard talking about two types of overall patterns: Continuation and Reversal. Yesterday's CVSI was a continuation pattern. In short, price traded or discovered higher, consolidated while digesting gains, [...]

US Stocks Service Volume 15 – 2019

US Stocks Service Volume 15 – 2019

A couple of notes before getting to the top risk / reward setups for this week. The volatility and speed spike which rocked markets in Q4 of 2018, has finally normalized in the major U.S. Indices. As gauged by Average True Range (ATR), market speed is indicative of what type of environment we are in. [...]