Merlin Rothfeld

Analyst Articles

Prudent Financial’s price is nearing strong demand zone on market panic, or lack of confidence from the Feds announcement. This trade carries risk, but it is lower risk than normal, and offers a decent reward for the risk. Here… Read More

Price recently rocketed into 2008 highs, and formed a very nice shooting star. Volume is slightly above normal, nothing to put extra emphasis on. Here is how the trade sets up: — Short below $44.90 — Stop… Read More

  After breaking out to all time highs, this stock has formed a nice bearish Harami on low... Read More

  After breaking out to all time highs, this stock has formed a nice bearish Harami on low volume. While not the most reliable pattern, the Harami does indicate weakness, and I think... Read More

NIHD has had some pretty strong weakness recently, especially on Thursday’s trading! A huge... Read More

NIHD has had some pretty strong weakness recently, especially on Thursday’s trading! A huge bearish engulfing candle that rocked prices to the recent lows. This is a much weaker scinario than the... Read More

Like the last couple power picks, we have another strong shooting star right in to a significant... Read More

Like the last couple power picks, we have another strong shooting star right in to a significant overhead supply level. Given the recent indecision on market direction, we could see more downside... Read More

Mattel has had a nice price rebound to the upside, and is approaching an old demand level from June of this year. This level should act as supply for the current price action. We are also approaching Fibonacci… Read More

  RES has a very nice little shooting star that topped out right into the gap from a couple weeks back. Normally, I would like to wait for price to close the gap, and hit the overhead supply level before getting short,… Read More

Two trades that look good to me today are PCAR and CAKE. Both have nice hammers into Demand zones, CAKE’s being a more substantial level. If we have some good market momentum, CAKE could get a nice pop… Read More

This fear gripping the market right now is pretty strong, and I think it will get stronger in the near term. This trade would be the conventional way of capitalizing on the downside movement, by shorting the market (SPY), and the weakest… Read More