Large-Cap Stocks

Petra will show you how to trade U.S and Canadian stocks… while controlling risk.

Large-Cap Stocks

The skinny on rounded-bottom breakout patterns

The skinny on rounded-bottom breakout patterns

When traders talk about a “rounded bottom,” don’t let your mind wander away from the trading room. They’re discussing a useful reversal pattern that often uncovers potential trading opportunities. It’s quite simple: If a stock’s price action is shaped like a saucer,...
Trader toolkit: Pinball pattern

Trader toolkit: Pinball pattern

There are a multitude of technical patterns out there, but one that I’ve found that works consistently is the pinball pattern. It might sound odd to anyone who plays pinball — thinking that there’s no real pattern to playing the silver ball — and it’s...
Today’s trade: Short the S&P 500

Today’s trade: Short the S&P 500

The set-up: The Standard & Poor’s 500 gave a bearish hammer candle on Tuesday, which sets up a good risk-reward short-term type of trade for today, especially combined with the Relative Strength Index, which is showing some bearish divergence with the index.  ...