algrowithm

algrowithm Feb 2, 2021

**THIS IS PURELY MY OPINION AND I AM NOT LIABLE FOR YOUR TRADING DECISIONS** I've been getting a lot of questions about my trading strategy. I think this AMZN chart is a good example for me to explain. I trade on the theory that price moves from supply to supply or demand to demand , which is a fundamental approach to trading that I definitely did not...

algrowithm Jan 31, 2021

QQQ broke the 20 day MA on Friday. Would love to see that level reclaimed for more upside in the market. Here are some levels I see for this week (note, these are intraday levels - not swing levels). Of course, this is just my opinion and I am not liable for your trading decisions. INO calls over 13.1 or 13.7 CRWD calls over 218.25 BYND puts under 177...

algrowithm Jan 26, 2021

if there is any indication that we are definitely in the final leg of a bull market, today was it. Everything was pumping euphorically at open across the board until the market showed us what a mid-euphoric pullback could look like, with the rug being pulled right from under us. A lot of names like TSLA did bounce back after, but it reminds us that its SUPER...

algrowithm Jan 24, 2021

**THIS IS PURELY OUR OPINION AND WE ARE NOT LIABLE FOR YOUR TRADING DECISIONS** AAPL calls over 140 AAPL forming a cup and handle on the daily, with price now trying to breakthrough. We'll be looking at the 140 level closely and taking profit on the way up. Another way to play this is to wait for a retest of the 140 level. It would be a very bullish signal if...

algrowithm Updated  Jan 4, 2021

** THIS IS PURELY OUR OPINION AND WE ARE NOT LIABLE FOR YOUR TRADING DECISIONS ** Happy New Year! Looking forward to the first trading session of 2021. Let's get to it! If you've been following our analyses on TradingView, you'll know that we have been very bullish in the short-term, and that we believe we are about to experience (or in the midst of...

algrowithm Dec 23, 2020

** THIS IS PURELY MY OPINION AND I AM NOT LIABLE FOR YOUR TRADING DECISIONS ** Futures and pre-market showed a little bit a strength as we're opening a bit higher, but we're still underneath the major support (now resistance) red trendline. Volume will be low today due to shortened trading day and holidays, but let's see if we can at least close above the red...

algrowithm Dec 23, 2020

** THIS IS PURELY MY OPINION AND I AM NOT LIABLE FOR YOUR TRADING DECISIONS ** Very interesting day today where even though we GOT the stimulus bill, the market did not seem satisfied. We remained under the major support (now resistance) trendline in red, which has served as support since the coronavirus low. There are 2 reasons this may have happened: (1)There...

algrowithm Dec 22, 2020

** THIS IS PURELY MY OPINION AND I AM NOT LIABLE FOR YOUR TRADING DECISIONS With the stimulus bill all but passed, and fairly positive sentiment around existing vaccines being effective against the new coronavirus strain, I remain bullish and continue to believe we will see a blow-off top in equities in the short term. This morning during pre-market, we're seeing...

algrowithm Dec 7, 2020

WATCHLIST 12/8 Welcome! This is my first post on TV and I hope it brings you value. I'm an intraday options trader that uses supply and demand as defined mainly by hourly channels. I tend to go for pure gamma moves, so I look for explosive moves. I plan on posting daily watchlists, and following up with comments on the success/failure of them. My current bias...