Thursday 24 January 2019

Micron Tech - Profits Reaped











Profits reaped for Micron Tech. The stock just moved up with the overall chips sector and Micron just did an amazing 5% at opening. As for how I picked the stock yesterday, I shared with everyone who came yesterday on how I analyzed the chart to how I see the trend wall before deciding to take a long trade. Even so, the minute chart has all the beautiful chart setup like a flush and momentum which added extra confirmation to my homework before I did the LIVE Trading. Congrats all for the good 1 day win!

http://ronaldkstockmarket.blogspot.com/2019/01/micron-technology-pre-opening-with-111.html

Ronald K - A Game Changer

Micron Technology - Pre Opening with +$1.11 Gain





Longed Micron Tech yesterday when I was performing LIVE trading in the office. It was a small group of traders but that was enough for me to give them the right counter to make $

https://stockmarketmindgames.blogspot.com/2019/01/live-trading-with-ronald-k-us-stocks.html


Micron's pre market price as of now is +$1.11 because of European stock STMicro results beats estimate which send the stock up 10% earlier. It's a chaining effect for chips and soon when market open later, Micron would gap up and it's wise to lock in $. I will post the record up here later. Study the minute chart as highlighted and see how I picked micron yesterday with my group of traders!

Ronald K - A Game Changer

Wynn Resorts - Small Profits





I am pleased a Wynn Resort trade was done yesterday. I was in the office yesterday scanning and searching for good counters when I saw Wynn as a potential counter. Some dare not trade it while others took the chance to go for it and was rewarded. This student's trade was fast but nevertheless, it's still $$ in the pocket. There was some flushing action in the minute chart while the daily chart looks not bad. As the Dow Jones tanked -300 points, Wynn was holding and hanging strong where it did not tumble a lot and towards end of day, it reversed and closed nicely. Not sure how much more it can go but let's see. Congrats on your fast trade!

Ronald K - A Game Changer

Sunday 20 January 2019

Micron Technology - Short Covering Volume




I just received a trade record from my student where he made a small profits of $170 in Micron Tech. I know he's trading everyday to make it and he's putting in the hard work to make it possible. So far so good and he made 6 digits so far based on all the US stocks and Dow Jones he traded. Micron Tech, a stock I shorted last year June 2018 at $60 tanked all the way to a low of $26++ where I spotted the top and shorted together with all my students.

http://ronaldkstockmarket.blogspot.com/2018/06/iqiyi-micro-tech-profits-from-my-stocks.html

http://ronaldkstockmarket.blogspot.com/2018/06/live-dinner-session-with-ronald-k.html

Today the stock was down -17% from the high. It reached a demand area where short coverings were spotted and some form of buying were detected. It's not difficult to identify such stocks near bottom like when I spotted it at the top back in June 2018. Study the volume and you shall see heavy transactions combined with healthy steady buying. I am putting this counter in my watch list for a long trade soon. Congrats on your small win and see you in your big win very soon.

Ronald K - A Game Changer

Friday 18 January 2019

Wynn Resorts - 2 Days CFD Trade











Wynn Resorts, Roku and the Dow Jones all moved almost in tandem. The regional market was pretty bullish today with the Dax up 2.05% while the FTSE up 1.84%. Everything looks bullish and even the HSI was up 335 points. We longed Wynn and Roku on Thursday and wanted to swing it up but suddenly, some strange happened, the Dow Jones and a severe reversal and forced us to get out of our long positions in the Dow, Wynn and Roku. At one glance, the Dow was poised to shoot up further and when it started to reverse, that's where we got out all of our holdings and locked in the profits. It's only a 2 day trading and to be trading small positions and making such good profits, it's something to look forward to everyday. Till the next stock. Who's next?

Ronald K - A Game Changer

Roku - Profits from Volume Reading







Roku, another stock which we traded where I studied the volume closely revealed a lot of useful yet bullish signals. The wall was nicely setup, the volume in the daily chart has an indication of sm coming in and more importantly, the chart has no profit taking. We also took a trade on this counter and profited as the stock was rising. I think I am beginning to get use to trading USA stocks and it's much easier than Singapore counters. Chart reading is important but knowing when the Big Boys comes in is even more important in find the right turning point. Congrats all!

Ronald K - A Game Changer

Wynn Resorts - LIVE Trading with Ronald K














Last evening was great, I worked till very late almost till midnight but it was a good session trading US stocks. After trading US stocks for sometime, I realized it's faster money if you can focus and read the chart correctly before the stock moves. So last evening, we longed Wynn Resorts really near bottom. Wynn gap down a little yesterday when opening and then suddenly, there was this small washing sales and bullish signal that all of us went long at the bottom where suddenly, in the next 20 min, Wynn rose higher and higher. Towards end of day, the stock hit $115 before simmering a bit. Study the volume, study how the stocks move in tune with the market and study the speed of increase. All these are clues for bullish price movements. Congrats all and let's do the next LIVE Trading soon.

Ronald K - A Game Changer