The Morpheus swing trading strategy is primarily focused on buying breakouts of growth stocks with a history of strong earnings growth. But if you’ve been following our blog any time since 2004, you may also know that we occasionally also trade ETFs with convincing chart patterns. SPDR Gold ETF ($GLD) is one such ETF to […]
Most stocks on our watchlist have already broken out and are extended beyond the initial buy point, but there are still a few strong chart patterns out there. Here are two hot swing trade setups on our radar now. After six straight days of gains, the NASDAQ pulled back sharply with a late-day sell-off yesterday […]
Tesla ($TSLA) is on our radar for potential breakout buy entry in the coming days. Here’s why… Tesla ($TSLA), which substantially beat Q1 quarterly earnings expectations last week, has been forming the handle portion of a bullish cup with handle chart pattern for the past three weeks. As such, we are now stalking $TSLA for […]
The April stock market rally was impressive, but can it carry into May? The performance of leading stocks next week is key. The past several months in the stock market were a wild ride, as stocks got slaughtered throughout late February and early March, then reversed sharply higher in a “V-shaped” recovery that began in […]
As we enter earnings season during the pandemic, we are looking for trade setups that have the combination of bullish technical patterns and solid earnings growth. Advanced Micro Devices ($AMD) is a potential breakaway gap up candidate heading into earnings, which are due after the close on Tuesday, April 28. A breakaway gap up is […]
Zoom Video ($ZM) rocketed to a new record high yesterday, enabling subscribers to score a gain of +8.8% so far. Here’s a simple chart review of the trade setup that led to this timely entry. With a huge percentage of the global population working from home during the coronavirus pandemic, companies that easily facilitate remote […]
When you browse any social media outlet these days, you will surely see “Start Your Side Hustle Now!” But with so much uncertainty in the world these days, you need the ultimate side hustle–one that hedges all other side hustles combined. We’ve got your perfect solution here! The 2020 coronavirus pandemic caused millions and millions […]
With the stock market clearly in correction mode, it can be difficult for traders who have been suddenly forced to adjust–especially after several months of steadily higher prices. Here’s our best trading tips and some examples to help you successfully navigate the storm. The profitable, bullish trade setups that worked a few months ago will […]
A massive amount of technical damage has been done to top leading stock charts lately, eliminating most low-risk buying opportunities. But today, we’re telling you about three hot biotech stocks breaking out to new highs–while also fighting against COVID-19. Today, we are excited to show you the technical trade setups of three strong stocks currently […]
Buying too early during a major stock market correction can have devastating results. Here is a simple and highly reliable way to know when it’s the proper time to jump back into the market, while still keeping risk in check. The current stock market correction is one of the quickest selloffs in history. Both the […]
