Explore market analysis through the lens of relative strength, sharing insights and lessons learned from years of trading experience.
Sunday, March 12, 2023
AAPL's Relative Strength
Above is a daily chart of AAPL along with its relative strength line. The S&P500 has pushed down to a new swing low while AAPL is making a higher low. The RS line is also holding at new multi month highs. If the overall market can find its footing AAPL is worth looking at to the long side.
Relative Weakness In NVDA Could Lead To A Great Entry Opportunity
Over the past few trading sessions I’ve been noticing some relative weakness developing in NVDA when compared to the SPY, and it’s somethin...
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The monthly chart of SAVA highlights the critical importance of the $11.50 level for this stock. From 2014 to 2016, this level acted as a s...
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Today was a perfect case study in how markets trade expectations , not outcomes, especially in cannabis. Coming into the session, cannabis...
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Above is a chart of MSOS Institutional ownership. What's worth talking about is that institutional participation in MSOS has materiall...

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