Marketwizard87 Profile picture
non-discretionary swing trader. Avg hold 6-9 mos. Momentum over levels technologist, economist, pianist, golfer, passion for learning Monthly/Quarterly Trends
Feb 16, 2021 14 tweets 12 min read
$PLTR #Trading Idea: ABC retracement of the 5 wave move since IPO is underway. Looking for signs of a reversal near $27 (POC from IPO). 50% retrace of move is required for a wave 2 low. PPO must head back to zero line.

#tradingpsychology Image $PLTR #Trading Idea: ABC retrace of the 5 wave move since IPO is underway. Looking for signs of a reversal near $27 (POC from IPO). Zig zag corrective pattern retraced 61.8% and now searching for 1.236 fib extension for reversal. Aligns with 50% retrace @ $27

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Jan 22, 2021 15 tweets 14 min read
$PENN #Trading Idea Updated: Another ABC, another ATH... PPO still bearish on daily. Approaching final PT. Weekly beautiful long term trend. Watch for chances to add @ SMA20. When Super bowl ends, consolidation on weekly begins.

Invalidation: $76.62
PT: $112

#tradingpsychology ImageImage $PENN #Trading Idea Updated: Ending diagonal setting up? $112 is the balance area PT. Bearish PPO divergence on weekly. NFL Season ends in a few weeks. Will an end of the NFL season & the January effect cause daily/weekly consolidation?

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