3 Key Signs of an Overextended Chart

If you’ve been following my trading for a while, you’ll know that my bread-and-butter trades involve shorting overextended momentum stocks… To me, there’s no better risk/reward in the options market than buying puts when charts get overheated, overcrowded, and...

My Top 4 Chart Patterns (and How to Spot Them)

If your goal is to be a successful options trader, your ability to identify excellent setups will be crucial to your journey. But there’s a certain mystery to this … How exactly do great traders know which charts to trade, and which to leave alone? When I was first...

Technical Indicators: The Good, the Bad, and the Ugly

If I had to pick one thing that separates me from the vast majority of failed traders… I’d say it’s my ability to predict future price action by analyzing a chart. Believe me, without technical analysis, I wouldn’t be able to trade as confidently as I do. Nor would I...

Trade Breakdown: Taking Down TSLA’s Terrible Chart

After yesterday’s Fed decision to hike interest rates another 75 basis points, I planned to sit on the sidelines until a clear market trend emerged. But my game plan was interrupted when a five-star setup on Tesla Inc. (NASDAQ: TSLA) appeared right before my eyes. I...

2 Golden Setups Every Evolver Should Be Watching

After surging over the last two months from a low of $365 to a high of $429, the S&P 500 ETF Trust (NYSEARCA: SPY) is starting to reverse back to the downside. I’m thinking now’s the time for Evolvers to capitalize on the end of the bear market rally. That said,...