$Krispy Kreme, Inc.(DNUT)$ — A 6-month bullish ascending triangle pattern signaling a potential trend reversal.Price has been tightening since Q3 earnings following a +119% beat. Q4 estimates point to +161% EPS growth, the strongest since $DNUT IPO in July 2021. The company’s share float is under 90M shares, with roughly 28% short interest, creating a share structure that carries the ingredients for a potential short-squeeze rally if price action continues to tighten with weekly higher lows For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.🎉Cash Boost Account Now
There was plenty of FOMO chasing silver during yesterday’s outsized 2.5× ADR% move, but the most optimal, highest RRR entry across silver $Silver - main 2603(SImain)$$iShares Silver Trust(SLV)$$ProShares Ultra Silver(AGQ)$ was on 6 November. This is a 45R T+50 day outcome achieved through 1R risk with optimal entry day and price area — not a 2.5R T+0 day chase from yesterday’s move. The most lucrative opportunities will always surface quietly in the market and are rarely talked about until after they’ve already played out. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, a
$BBVA Banco Frances SA(BBAR)$$Grupo Financiero Galicia SA(GGAL)$$Grupo Supervielle SA(SUPV)$ — Strongest intraday-moving group $Global X MSCI Argentina ETF(ARGT)$ Following another session of consolidation with clear VARS despite the broader market sell-off, Argentine banks broke out of their tight, spring-coil consolidation and closed at the highs of the day. I also share my ideas with my subscribers on a daily basis using a structured, top-down process that narrows the market into focused setups and a refined watchlist. It’s a condensed view of my daily 3-hour workflow, distilled into a short, practical reference. Yo
$American Eagle Outfitters(AEO)$ Haven't commented on any single stock for a while now. AEO is looking "interesting". (Hat tip @RealSimpleAriel for spotting the idea)Remember:- Apparel is hot. They are one of the leading sectors at the moment. Maybe it's a Christmas thing. Retail reported generally very upbeat stats recently.- The entire group is in a strong UP TREND- AEO is one of the leaders in that groupHowever:- Some of them, eg AEO are super extended now. $ANF too, maybe $VSCO . AEO is almost 12x its ATR from its 50SMA, whilst 10X is already very extended (another great tip from @jfsrev ). - Extended does NOT mean it must correct. Markets and stocks can stay overbought for a very long time. However, the risk reward for a short is looking very
Four-Day Selloff, But Relative Strength Tells a Different Story
Relative Strength Emerging Across Pockets of the Market During the Four-Day Selloff4 straight days of sustained weakness, wiping out 13 days of index gains since the post-market breadth exercise I shared below, posted ahead of the first red day where I clearly flagged the need for caution. This is a simple exercise anyone could apply, as it’s ultimately a function of short-term breadth extension—levels where the market has historically shown a strong tendency to retrace once breadth becomes this stretched.The latest session was largely news-driven imho, with mega-cap tech in $Technology Select Sector SPDR Fund(XLK)$ and $Vanguard Mega Cap Growth ETF(MGK)$ pressured after reports that funding for
I trimmed $COHERENT(COHR)$ twice.The first trim was at the target price of $168.12, based on an RR1:3.The second trim was at $200.00, based on ATR% from the 50SMA. Jeff’s ATR% from the 50SMA is essential.Even if the price falls below the 21EMA Low, this trade is already locked in as a winner. You need a trading system that consistently works in your favor.In trading, the priorities are clear:risk management first, market conditions second, and relative strength and chart structure third.And my risk is defined by the 21EMA Low. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.
IWM Breadth Signals Late-Stage Rally ConditionsIt may already be late to add fresh longs in $iShares Russell 2000 ETF(IWM)$ names after a 12-day upcycle following the initial downtrend-channel breakout. R2TW is now pushing above the 80% mark, which sits within the historical correction zone (80–90%).If you have been rewarded during this phrase of the market, always remember to sell some into strength. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility NowFind out more here.Complete
$Uniti Group Inc(UNIT)$ (ADR 5.2%) — A high VARS name within the rate-sensitive $Schwab U.S. REIT ETF(SCHH)$ group.Price bottomed on 14 October, rebounding off the 200-MA and showing clear VARS relative to $SPDR S&P 500 ETF Trust(SPY)$ despite sitting in one of the weakest groups SCHH. However, an immediate entry even as a follow-through to yesterday’s move may still be premature and loose at this stage. A cleaner setup likely requires SCHH to provide tailwind strength, ideally via a bounce off its own 200-MA. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks,
DNUT Tightens Below $4.50 While LLY Extends Its Retracement
1. $Krispy Kreme, Inc.(DNUT)$ ADR% has eased to 5.8% on the VCP, yet it continues to grind higher, showing further VARS. Price has been drifting sideways for the past 8 sessions while holding above the 10-MA, pushing toward its key major resistance level at $4.50.All it probably needs is a high-RVOL day to be in play 2. $Eli Lilly(LLY)$ 8 straight sessions of downside action since clinching 10 x ATR% from 50-MA. This reinforces the core perk of swing trading: “Always sell some into strength”, which allows you to bank realized gains, dampen the volatility of what you’re still holding, and free up capital for the new wave of opportunities as the market evolves. For SG users only, Welcome to open a CBA today