Following the Tech Trend

Published on
February 8th, 2019
Topic
Trading, Technical Analysis, Technology
Duration
7 minutes
Asset class
Equities

Following the Tech Trend

Trade Ideas ·
Featuring Douglas Busch

Published on: February 8th, 2019 • Duration: 7 minutes • Asset Class: Equities • Topic: Trading, Technical Analysis, Technology

Douglas Busch, CMT, founder of Chartsmarter.com, highlights two specific stocks with bullish trends within the tech sector: Cree and VMware. He notes key levels to watch out for and how to make the trade, in this interview with Justine Underhill. Filmed on February 7, 2019.

Comments

  • MT
    Mike T.
    10 February 2019 @ 09:34
    With the trade ideas series, I firstly download the transcript and search for a specific string and If I find the term < moving average > I delete and move on
  • F
    Floyd .
    9 February 2019 @ 20:48
    Very efficient delivery of two ideas,he is a technician that doesn't try to talk fundamentals and he has relatively tight stops for two volatile ideas..well done. My only concern is I think he is a bit optimistic on the market,these ideas will get crushed in a retest,watch those stops!
  • ZY
    ZHENG Y.
    9 February 2019 @ 15:33
    Justine's face look worry about the trade...?
    • RM
      Russell M.
      12 February 2019 @ 16:21
      An interesting entertainment would be be to see Justines thoughts appear in a comic bookish thought bubble as her expression changes during the interview. Perhaps one time in an interview of the interviewer.
  • RM
    Russell M.
    9 February 2019 @ 10:51
    This is a model trade idea video. In 6 minutes he spits out 2 trade ticker set ups with method for instruction. A challenge & high bar for others that take 15 minutes to spit out 1.
  • jm
    james m.
    9 February 2019 @ 01:25
    60% of the time it works every time - https://www.youtube.com/watch?v=IKiSPUc2Jck
  • KF
    Ken F.
    8 February 2019 @ 20:28
    Semi guide downs are bullish? Got it. ( long SMH puts)
    • DB
      Douglas B. | Contributor
      11 February 2019 @ 10:23
      Price reactions to the guide downs much more important
  • GO
    Greg O.
    8 February 2019 @ 18:12
    What kind of accent is that? Brooklyn or west of Hudson River?
    • DB
      Douglas B. | Contributor
      11 February 2019 @ 10:23
      Brooklyn
  • CM
    Carlos M.
    8 February 2019 @ 10:51
    CREE i see the cup but not the handle I would enter this trade between 48-46 (bottom of the handle) with stop at 40 target 70. From EW I am aiming wave 3 finishing ~56.25 then wave 4 retracing to 52 and then pushing to 70. Obviously purely technical I know nothing about this stock.

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