Rob C

Swing trade journal 12/18/2019 SLB Long at 35.74. First partial at 37.25. Second/third partial -yesterday- at 37.81 and 38.32. Fourth/fifth partial at 38.78 and 39.33. Stop at 38.30 SLB has hit and bounced from ~$40 four times in 3 days. It has not formed a wedge so I am wondering if it will ever break it. Long CVS at 73.40 -yesterday. I took Brian’s recommendation. My stop is a little wider than Brian’s at 72.80. CVS opened lower and briefly went below my stop but I was busy intraday trading so I didn’t see it. Once I started tracking CVS the price touched my stop 4 times but never went below. I held on and it finished at B/E. So still holding. Long W (again) at 83.58. Took first partial at 85.44. Stop moved to B/E. The next target is 88.50 according to tech levels. But knowing myself I may not be patient enough. Hopefully I can make it to 87.50. Long LK at 30.54. First partial at 31.45. Stop moved to B/E. Bounced off the bottom of its recent range with a double bottom this morning. The next target is around 32.60. But it was having trouble staying above $32 so I need to keep a close eye on it tomorrow. Watchlist PLAY. Price took a strong bounce and created a hammer. If it breaks 39.40 tomorrow I may go long. The problem is the stop level. Ideally it would be at $38, but that is a wide stop. Since there is a very strong level at $42, I don’t even have a R/R of 2. So I don’t think it is worth it. Again will have to wait and see if a setup occurs.

Wedesday 12/18/2019 I had a well-being score of 7/10 this morning. I took 2 live trade this morning with BABA and NFLX. My watchlist: BABA, MU, NFLX, PCG and FDX. Nothing too exciting in the PM. BABA didn’t really gap or have any PM volume. But it is good to see how it reacts in these low volume days. So I followed the same method. But the big print was instant at the open, like AAPL, so it may not mean much even though it was 295K shares. 6 seconds later was the sizeable (>2K) print (at the ask) but only 7 cents higher than the big print so I waited. Then another sizeable print at the ask. Though the 1min candle wasn’t the best looking, I liked the prints, L2 was a bit more bullish, we were above VWAP, the spread was tight, and mostly the volume was strong, so I went long. My target was 209.15 with my stop at the bottom of the wick. The chart when I went long: The price actually did reach my first target of 208.88, but spiked right through it my fill was almost back at B/E. Then the price was dropping. Before it hit B/E I decided to flip my position. Wow can not believe how bad the fill was. The exit fill was bad enough to give my first trade a slight loss and the second fill, to enter the short, was already 1R from where I tried to flip. I should have exited immediately. Instead I made the mistake of only taking a 25% partial and setting my stop order at B/E. It flew through B/E again and somehow made the second trade a slight loss as well. Only BABA can make two trades, the first one I tried to partial at 2R and the second I partailed at 1R. And both still had a loss. NFLX had an interesting daily chart and had a good 2min ORB setup, but I was busy with BABA at the time. After the BABA trade I still liked price action and went long with half shares hoping it will drop back down and bounce from VWAP where I will take the rest of my shares. Which it did about 4 minutes later. My stop was the 316.80 level. The target was HOPM. The price did move up and break the 318.20 level where I took a partial. The price retraced quickly and I took another partial because I was losing faith. Then out at B/E. Too bad if I stayed at my stop I would have seen a big run. But I have been so poor in the ORBs lately I need to presently stick to exiting at B/E. What did I do good today? I took a live ORB on NFLX. What I am grateful from today? Trading something other than BABA. What I should improve on: Maybe it is time to create the flip hotkey.

Swing trade journal 12/17/2019 SLB Long at 35.74. First partial at 37.25. Second/third partial -yesterday- at 37.81 and 38.32. Fourth/fifth partial at 38.78 and 39.33. Stop at 38.30 SLB has bounced hard from 39.80 two days in a row. My hopes for breaking $40 and running are starting to dwindle. If it fails again, without making a wedge, I may exit the trade. Stopped out on W as it opened just under my stop. I am still a little salty about my broker having issues with the route and preventing me from taking a partial yesterday at 2R. After the big drop on W I was fishing for the bottom and took a small share size at 83.57 after seeing a double bottom. My stop is quite tight at 83.40 (the low of yesterday) where it tested multiple times. Essentially if we open lower tomorrow I am out. Then I wait and see if it drops back to the bottom of the channel again at around $80. Long CVS at 73.40. I took Brian’s recommendation. Though my entrance was a bit higher as I went long after the double bottom. My stop is a little wider than Brian’s at 72.80. On watch T. I know it has had a big run, but if it stays above 38.60 it may be worth a long. Dividend is still amazing, RSI has recovered. It is currently lagging the market.

Tuesday 12/17/2019 I had a well-being score of 8/10 this morning. I took 2 live trade this morning with BABA and BA. My watchlist: BABA, MU, AMRN, PCG and BA. Actually, BA only made the watchlist because I only had BABA and MU with shares for short so I needed to add something. Nothing too exciting in the PM. BABA did gap up some and volume was OK in PM. I waited almost a whole minute for the big print which arrived reasonable size at 249K. I waited for the second large print to determine direction and none arrived. Then a small hammer was formed on the 2nd 1min candle and a large 2min hammer was formed. I also liked the R/R was exactly 2. I seem to do best with those. Plus, there were two signals on the tape. The first one was a sizeable, but not huge ask at $209. And the second one was a sizeable ask just a few cents above the current offer. So I went long with a target of 209.15 with a stop at the bottom of the candle (with a 10 cent slide). The chart when I took the trade: There was a pop to about 1R and I took a partial. Then out at B/E. I actually got an OK fill at B/E J I was looking for another trade and liked BA long. I was about to take it but I have been burned so badly lately on all ORBs except the 1min that I was switching my platform to sim. Then I heard Andrew went long on BA. So that helped confirm that it was an OK setup so I went long in a live trade. My target was PDC with a stop at VWAP. My first partial had a bad fill, but then I carefully watched the bid and took my partials appropriately and got good fills. When it broke back down through the HOPM I exited. What did I do good today? Stayed live after my first trade. What I am grateful from today? Trading something other than BABA. What I should improve on: Flipping trades. I knew I should flip BABA. But I can’t seem to do that if I had a winning trade, though small.

Swing trade journal 12/16/2019 SLB Long at 35.74. First partial at 37.25. Second/third partial at 37.81 and 38.32. Fourth/fifth partial at 38.78 and 39.33. Stop at 38.30 SLB was up a little today. Still holding a few shares to see if it breaks $40 and runs a little. I am hoping for consolidation since RSI is high. W Long today at 86.51. W broke out of its range last week but didn’t move much and had a large price range on Friday. Wasn’t sure what to expect today. W opened lower and dropped and bounced off of $85. Dropped again and recovered and I went long just above VWAP. My stop is a few cents below the $86 level the previous day bounced from. A few minutes later the price dropped and touched my stop then went up and I tried to take a partial at $87.50 which is at my 2R. The marketable limit order got stuck in the order window as “sending” for 110 seconds. By the time the order was “accepted” the price dropped significantly and the move was over. The rest of the day the price moved sideways. I did like the last 5 minutes of the day it finished with a white candle and the largest volume of the day. I am still a little upset about my order not going through. I contacted Centerpoint to explain what happen and how to recover the next time.

Monday 12/16/2019 I had a well-being score of 8/10 this morning. I took 1 live trade this morning with AMRN. My watchlist: BABA, MU, AMRN and BABA. I was actually looking at AMRN as a swing trade. It first gapped up a lot on PM then lost most of it. Then seemed to create a double bottom. I wanted to take it long for a swing trade but there was a large bid at 24.95 (60k shares) and I didn’t want to fight it. I waited a few minutes and finally the bid was eaten up and the price recovered and I went long 5min before the open. My 1st target was VWAP or 200MA-1min. I was not thinking I would reach one of them before the open. I took 25% at VWAP (2R) and another 25% at 200MA-1min (3R). I moved my stop to B/E and hoped to keep the rest of the shares for the swing trade. The price dropped hard. Andrew first got out and then he said it is started to look like a short. But I was stubborn due to Centerpoint did not have shares to short (or what they call easy to short list) so I couldn't flip my position. Also I wanted to hold for a swing trade and got stopped at my order at B/E. What did I do good today? Took a nice double bottom. What I am grateful from today? Trading something other than BABA at the open. What I should improve on: If your swing trades turn into a day trade don’t try and converted back to a swing trade.

Wow +12R for the week. Very nice.

Hi Nas, thanks for posting your trades. Did you take W long yet? It looks like it has broken out of its range.

Swing trade journal 12/13/2019 All out WDC at $55 WDC long at 49.30 First partial at $50.63. Second/third partial at 51.96 and 52.77. Then all out at $55. SLB Long at 35.74. First partial at 37.25. Second/third partial -yesterday- at 37.81 and 38.32. Fourth/fifth partial at 38.78 and 39.33. Stop at 38.30 SLB I still have a few shares left. Recent history SLB reverses when it hits 70 RSI. And we are hitting strong levels. But I think it is still worth holding onto a few shares and see if it consolidates and moves higher First on the watch list is PLAY. This is sort of an antitariff play since its revenue is domestic so it should be unaffected. Not a pretty chart. But it did have an OK upward trend the last 3 weeks and seems to have a nice support at 38.30. The reason for my interest is it tanked after earnings and completely rebounded the next day. Then the next day it did what I hoped and dropped again but to a lesser degree. Now I hope a pendant or even better a wedge can form that I can trade from. If this formation occurs it will take a few days. So I am just watching now. W I got from Nas posting it a couple of weeks ago and I have been watching it. It looks like it has broken out of the range now, but that was a really large range on Friday which causes difficulty in choosing a stop. If you look at a daily chart it looks like you go long on the break of 91.25 with a stop of 86.09. A $5 stop makes any decent R/R impossible. Looking at a 60min chart the $86 level doesn’t seem as critical. So two options. One goes on the break of $91 with a stop at $88. Though $3 is still a large stop, there are only 3 levels in between $91 and $100. A $92.50 level, but it is not that strong, a $94.95 level, which is strong but almost 2 years old and 50MA-1D. So it could really run if it gets going. The second option is go long at the break of 90.20 with a tight stop of 89.50 and manage it like a day trade for the first day or two. It could easily be stopped out, but if there was a signal on the 5min chart for the day it could be worth the risk. I will have to wait until Monday and play it by ear. I can’t make a decision on the trigger yet. Have a good weekend. See you on Monday.

Yes, Carlos by chance posted his L2 config window and I saw how small my tiers were set. It looks much better now. Thx.

Friday 12/13/2019 I had a well-being score of 8/10 this morning. Will be a short journal entry since again I was spending more time handling swing trades. I took 1 live trade this morning with BABA. My watchlist: BABA, ROKU, MU, SAGE and LULU. BABA had strong volume in PM and originally gapped up but headed down into the open. Between the Trump tweet and the tariff announcement at 9:30 I had no idea what to expect. 23 seconds after the open a 355k print hit. 3 seconds later a bearish print hit. 2 seconds after that a reverse hammer was formed and PM low was broken. I also like the 200MA-5min was near to act as a magnet. I went short. I got the usual bad fill. 1min chart and T/S when I entered the trade: My target was PDC with my stop (tighter than usual) on an invisible level around 205.60 that was respected in PM. I took a small partial at the 204.80 level (~1R). Then priced reversed and touched my B/E (which is now my stop). The price dropped back down to the 204.80 level where I took another partial because I was losing faith. The price reversed again and I exited a few pennies before my B/E because I hate when BABA flies through my stop. If I didn’t S/O early would I have reached my target? My stop is now set for two cents above B/E. I looked at my recording carefully and the price reversed 2 cents from my stop and the ask was 1 cent from my stop. So I would not have been stopped out and I missed the drop down. Every time I let BABA hit my stop order I lose half my profit in the fill. And when I stop out early it doesn’t reach my stop and I miss the run. I need to change my strategy. Then I quickly had to jump over to my Etrade platform and manage my swing trades. Which I journal here: https://forums.bearbulltraders.com/topic/1536-rob-cs-swing-trading-journal/ After managing swing trades I came back to DAS and got stopped out 4 times. My SIM trades have dropped <20% and I am losing discipline now when I take them. Not sure what happen. I need to adjust my strategies. What did I do good today? Traded using the prints at the open. What I am grateful from today? Able to switch focus quickly to swing trades. What I should improve on: Need to change strategies on B/E stop outs on BABA. First, I will try focusing on the spread when it approaches my stop. If tight let the order go through. If wide perform a manual stop. I also need to change my other trading strategies. My 5/10/15min ORBs having gotten really bad.

Thanks Carlos. I didn't know how off my settings were until I saw your L2 config. Very helpful!

Thanks for the screen caps and explanation, much appreciated. First that was a really nice pendant that was formed and it just broke when of your levels. Would you have taken the trade without the L2 signal? Is the L2 signal a plus on AMD or a must? I got chopped up on AMD so much I never have it on my watch list anymore It's really something to see a 80k ask stay on the L2 for over a minute. Is your T/S smaller window filtering 2k and larger? Is 2k significant on AMD? May I ask who your broker is? I have Centerpoint and your L2 looks much deeper than mine. There are 3 levels of L2 data from Centerpoint and I am paying for the deepest and most expensive and it doesn't look nearly as deep as yours. Thanks again.

Great AMD trade. Do you record your trades? Would you have a screen cap of the L2 signals? I am curious what an AMD L2 signal looks like. I find AMDs L2 too busy for me to see clear signals. Thx

Thursday 12/12/2019 I had a well-being score of 5/10 this morning. I knew I was going to get little sleep and be forced to trade SIM only so instead I slept in and didn't trade the open. I did wake up before the open to manage my swing trades. I hope everyone had a green day. My swing trading journal if you are curious: https://forums.bearbulltraders.com/topic/1536-rob-cs-swing-trading-journal/

Swing trade journal 12/12/2019 Took way too many partial profits on both of my positions. But it is a much better problem to have than being stopped out, so I really can’t complain. WDC long at 49.30 First partial –yesterday- at $50.63. Second/third partial –today- at 51.96 and 52.77. Stop moved up to 51.50 SLB Long at 35.74. First partial at 37.25. Second/third partial -yesterday- at 37.81 and 38.32. Fourth/fifith partial –today- at 38.78 and 39.33. Stop moved to 38.30 SLB still moving higher today. I did take the first 4 partial profits at tech levels. The 5th partial I took because of 3 reasons. First, according to stockcharts the price hit an important resistance level which previously caused a reversal in Sept and July. Though my DAS chart says this level is actually above $40, I don’t know why the discrepancy and many traders may be selling off the stockchart level. Second RSI is reached 69. Recent history SLB reverses when it hits 70 RSI. And third, a strong double top was formed on the 5 minute chart today so I took another partial. I only have a small number of shares left. I moved my stop up, but I am hoping for a few days of consolidation. WDC is on a tear today. I took two partials and the price still moved up another 2% after my last partial. But I had enough of partialing today. Plus, the level that it did bounce from today is not too strong (the $54 ad 50MA-1D). I only have a few shares left and I think WDC has more room to run than SLB. So I am going to hold my on to my shares at least to the next strong level above $55. My concern as usual is Stockcharts had the next level below $55. I still don’t understand the price difference between the two charting platforms. It is a big difference. WDC has moved quite a bit the last few days so I am also hoping for a few days of consolidation. I am a little nervous about the 12/15 tariff deadline, so I am worried to add any stock to my watchlist. I will add one. PLAY. Since Dave & Busters is domestic it shouldn't be generally affected by the tariffs. So I will add it to my watch list. This is quite preliminary since I can't determine a trading plan for it. So it really is a "watch". It had earnings two days ago. Improved revenue but negative growth in same store sales and it tanked yesterday. Then it completely rebounded today engulfing the previous days candle. I don't know if it works for the daily chart but engulfing is a play that Andrew preaches on the 5 min chart. The stock had a nice upward trend before earnings. It also has a made a really strong hammer on the weekly. It also found a really strong support at ~38.25. There are 4 strong levels all withing one dollar above, so I may not want to go long until it breaks $42. Again no plan yet, just watching.

Wednesday 12/11/2019 I had a well-being score of 7/10 this morning. Will be a short journal entry since I was spending more time handling swing trades. I took 1 live trade this morning with BABA. My watchlist: BABA, ROKU, and PCG. BABA had low volume in PM. But I thought it would be interesting if the print signal works with low PM volume so BABA was still my primary focus. Also, I knew my swing trades were trending so my attention will switch soon after the open. A few seconds after the open the big print arrived (150k) which is just large enough to give some hint that BABA will move today. The 1min candle went bullish immediately after and I went long (half shares) quickly. I like entering a trade a small distance from the 200MA-1min, it seems to act like a magnet. My target was the 202.46 level and stop was the bottom of my candle. I got the usual bad fill and I was able to take two partial profits before the price retraced and I was S/O at B/E. Then I quickly had to jump over to my Etrade platform and manage my swing trades. Which I journal here: https://forums.bearbulltraders.com/topic/1536-rob-cs-swing-trading-journal/ What did I do good today? Traded using the prints at the open. What I am grateful from today? Able to switch focus quickly to swing trades. What I should improve on: Looking at BABA later for the big move which seems to occur later at the open.

Swing trade journal 12/11/2019 Took partial profit on both of my positions. WDC long at 49.30 First partial -this morning- at $50.63. Stop moved up to B/E SLB Long at 35.74. First partial at 37.25. Second partial -this morning- at 37.81. Stop still at B/E. SLB still moving higher today. The next tech level is reasonably far at 38.79. Also the price today bounced off of VWAP-1D, so I may take another partial if it reaches VWAP again. Which is approaching my 4R so I don’t want to be greedy. WDC broke through the recent “range” at 50.75 and bounced off of 51. There is a strong level at around $51.50 (daily level and 200MA-1D) that I will be waiting to take the next partial.

Swing trade journal 12/10/2019 Long WDC at 49.30 First partial at $50. Stop at 48.65 I also currently have another swing trade with SLB Long at 35.74. Partialed at 37.25. Stop moved to B/E. I would have liked to say that shortly after I posted my journal yesterday saying WDC is on my watch list, I bought shares and already made a 3% profit. But no. Four things needed to happen before I would take the trade. First WDC needs to break $49 so it no longer looks like a descending wedge. Second and third MU and STX both need a green day. And finally we need good news on the tariffs. All four things did occur today. But it occurred minutes after I shutdown my platform this morning. Next time I had a chance to check WDC was almost at $50. I waited for a pull back and the price bounced hard from 49.20. So I went long at 49.30. The price rose a bit but dropped back down to B/E at the close. I am a little worried WDC finished the day weak. Hopefully my stop is wide enough for the sellers to do some profit taking. The way it found strong resistance at $50 today, I may take the first partial there. See below, there are 4 levels below the current price. If the price breaks through them all I would stop out. SLB finished up slightly. I do like the hammer created today and then it finished the day strong. There is a daily level at 37.63 I may take another partial there, but I prefer waiting until the 200MA-1D at $38. My stop is still at B/E. I am really new at swing trading so any comments or feedback would be appreciated.

Nice TVIX play. Your braver than me. I don't have the courage to try trading it.

Tuesday 12/10/2019 I had a well-being score of 7/10 this morning. I wasn’t ready at the open but traded live anyway. I took 1 live trade with BABA and 5 SIM trades this morning including two disaster trades with ROKU. My watchlist: BABA, ROKU, PCG, AAPL, CLVS and MU My main chart went flat again for every stock. I checked the config and matched it with other charts running fine and could not figure out the issue. I finally deleted the chart and created a new one losing all my levels. I quickly was able to get my daily levels back, but did not finish several items on my preflight checklist. Actually, I didn’t get to read my preflight checklist. I use to have a rule that I can’t trade live if I don’t finish my checklist. Not sure why that rule has been dropped over the last few months. I have all my rules on the checklist to be read each morning and it is no longer on it. I finally got my charts and daily levels ready by 30 seconds after the open. The big print had already arrived. While I was setting up I saw BABA dropping. When I finally had my chart ready I saw a beautiful bearish L2 signal with the falling price. In one second I saw the price drop and bids get eaten, so I missed the entry. I was good about not chasing it and sat on my hands though a bit upset since I don’t ever see this good of a L2 signal. Then two large bearish prints arrived as the price broke down through $200 so I shorted with a target of PDC and a stop at the 200.34 daily level. But I would have probably exited the trade if it broke above $200 again. When I took the trade. The two red print, several seconds after the big print, was my bearish signal. I was able to take two partial profits before the price retraced and I was S/O at B/E. Since my charts and PM checklist is not ready I switched to SIM. I know BABA so well I can trade it without all the levels etc. But that is about it. So I took 5 SIM trades and was stopped out 4 of them. What did I do good today? Traded using the prints at the open. What I am grateful from today? I did recover after being late getting the charts ready at the open. What I should improve on: Will add back “must finish the PM xlist to trade live” to my rule list again.

Monday 12/09/2019 I had a well-being score of 8/10 this morning. I took 2 live trades this morning with BABA and FATE. My watchlist: BABA, ROKU, PCG, M, CLVS and FATE BABA gapped down on not so strong volume, but I had a long bias since the price was staying above 200. I waited for the big print and it arrived only 6 seconds from the open 152k. Smaller than in recent opens but big enough that it is likely the stock will move at the open. A second big print, which helps determine direction did not arrive. But a nice hammer was created and I had a long bias so I went long with half shares. My target was PDC and my stop at $200. When I entered the trade: BABA bounced around for a minute without moving much. I took a 25% partial to reduce my risk. Then a L2 signal appeared. Not big, but large enough I went long with the other half of my shares. A bad fill as usual. The stock didn’t move much though it was jumpy. I took 2 partials more for risk reduction then S/O at B/E. I thought I was going to wait to see if BABA bounces and I go long again, but I switched to another trade. When I was finished with the other trade BABA already ran. FATE had a very strong 2nd 1min candle then two hammers and was squeezing into a pendant. At first I thought to wait and catch a bounce off of VWAP but then a L2 signal appeared, not big but enough to go long with half shares with the plan to buy the second set if it bounces from VWAP. My target was 19.50 with my stop below VWAP. Yep the L2 signal disappeared and the price dropped fast. It bounced off of VWAP and I went long with the other half of the shares. The price hung around my stop too long so when it bounced back up and passed my B/E I sold 25% to reduce my risk. The pop occurred soon after with a big L2 signal. The signal was so large I only sold 25% of my shares at the 19.15 daily level. I thought it was going to still move. The price reached 19.40 daily level but the L2 signal was even larger now so I held onto my shares. The price quickly dropped and I was S/O at B/E a few seconds later. What did I do good today? I did not break any rules. I was able to almost fill my watch list with stocks I could short. What I am grateful from today? Traded something new. What I should improve on: Be more patient on the entries.

Swing trade journal 12/9/2019 Current swing trade SLB Entered: Long at 35.74. Stop $35. Price reached first target where I sold 25%. I sold when it bounced off the $37.30 level (from July). Which was about at 2R. I moved my stop to B/E. Originally second target at 38 (200MA-1Day). But I may consider taking another partial at the $37.60 level since it bounced strongly from the $37.30. Chart from today: On my watch list is WDC. It might have recovered from the CEO leaving showing a double bottom. The price today dropped likely due to their biggest competitor STX CEO just sold over $4M worth of stock causing STX to tank and WDC having collateral damage. So a buying opportunity may be near. WDC is only half HD, the other half is flash memory, so it sometimes trends with MU. So MU has been caught in a range and STX has been heading higher until recently. But WDC has been dropping. Also, WDC is also highly sensitive to the trade wars. Thus too many ifs to enter a trade so just watching. Either good news about the trade wars or MU breaking out of its range, or STX heads back up and the WDC chart has to look good. There may be a downward wedge forming. We will see if it can hold above $47.50. A lot of different signals may occur. Any way simply WDC might have reached a bottom after CEO left.

Your right it looks very interesting on the weekly chart. I am not use to looking at the weekly, though I see Brian do it. I will have to learn but I don't have any instincts on what a weekly chart should look like. Another skill I need to learn.

Swing trade journal 12/6/2019 I am starting to learn swing trading in addition to learning day trading. I am definitely hoping for feedback from the more experienced swing traders. I like the HH/HLs and a wedge forming. Essentially, SLB was tracking the general oil sentiment, see USO below: USO also in a nice upward trend. But I like SLB more. I like the wedge that formed (like a coiled spring) and the very large div of 5.4%. Even with the large gain in the last month RSI is not showing it as overbought. Macro economics still seems bullish with the assumption OPEC will extend its production reduction agreement. Since SLB is an oil service company I would think the gains will lag slightly over pure oil companies. SLB has received recent analysis upgrades and >$40 targets. So I went long on Thursday at $35.74. I didn’t wait for the break of the wedge. I thought the strong bounce and holding the bounce was good enough. Then Friday SLB had a strong day. I was up more than 1R, but now that it broke through the wedge (by Stockchart) I was going to risk it and hold for a little longer before taking my first partial profit. I am hoping it may run a little now that it broke through the resistance. SLB Long at 35.74. First target 37.21, second target 38 (200MA-1Day). Stop $35. So here is the big question for the experienced swing traders. Why does Stockchart and DAS daily charts not match up? Stockchart shows SLB has broken the wedge. DAS says SLB has not broken through the wedge. Why the difference in charting? I like Stockchart for an overall view but for choosing levels I will stick with DAS. See DAS daily chart below and the difference to Stockchart. My first target is based on the top of the wedge on the DAS daily chart. Any feedback is much appreciated. I am totally new swing trading so any comment is helpful. Thank you. Have a good weekend.