Breakdown of the $DNKN Swing Trade Alert from the TT Blackbox

Today we will go back and look at the market and break down $DNKN and the TT Blackbox from the swing trade alerts the TT Blackbox produced.  We will look at the Time the swing trade alerted and the entry/exit strategy.

Dunkin’ Brands, through Dunkin’ Donuts (83% of system sales) and Baskin-Robbins (17%), generates revenue through franchise royalties and rent payments, sales of ice cream products to franchisees, and sales at company-owned stores. Based on systemwide sales of $12.2 billion in 2019, Dunkin’ is the second-largest global beverage and snack chain behind Starbucks. There are around 13,100 Dunkin’ Donuts (9,600 U.S. and 3,500 international) and more than 8,200 Baskin-Robbins locations worldwide (2,500 U.S. and 5,600 international).

Transparent Traders created the first-ever solution that specifically alerts for swing trades. It will also alert for bullish & bearish day trades. Our Blackbox runs off of multiple algorithms and uses predictive A.I. to locate the most accurate day or swing trades that it calculates to give the best chance for success. Couple this with proper Due Diligence and our users are given the edge needed to be more successful in the trading world.

Based on the pictures below you can see the TT Blackbox alerted $DNKN as a Bullish Swing Trade on 3/23/2020.  The initial TT Blackbox alert is circled in PINK on the chart below.  Circled in red you can see where I entered and added share two more times on Monday.  Circled in blue you can se my exit today. I put my full trust in the algorithms of the TT Blackbox.  The Bullish Swing Trade alert from the TT Blackbox allowed me to capitalize on an 8 point rise, after my 3 additional entries based on the Scale in Strategy.

Any questions you might have on this write-up feel free to leave in the comments section after this post.

Breakdown of the $DNKN

Breakdown of the $DNKN

For all of you wanting to know how I decide to enter and exit my trades, I have listed those key points below:

  • I have created a watchlist of the tickers I like to trade the most. Download my watchlist right “HERE”
  • I review that watchlist against the alerts from the TT Blackbox each 5-minute interval.
  • I focus on the $VIX. This measures volatility in the market. If volatility is moving up, the market is moving down, and vise versa. This simply means I start here and does not mean I will not trade against the market.  However, I do not recommend that for the novice trader.
  • Once I know the direction of the market, I start to focus on my tickers that are moving in that direction.
  • Once these tickers alert on the TT Blackbox, I typically wait till the closure of the next 5-minute candle and i enter.
  • I then immediately set a limit sell order for 5%.  Keep in mind I am trading shares in the price range of $30-$400 tickers so 5% is big money.
  • I exit my trades based on two points.  One, being the TT Blackbox stops alerting or alerts in the opposite direction, and two being my 5% target has been met.

Here is a screenshot of the tickers I watch daily:

Breakdown of the $DNKN

Day trading is more suitable for investors who are not novice traders, have significant experience trading for several years and have the proper mentality to sustain intense stress levels due to the daily volatility in the financial markets.

Swing trading is a more balanced way of trading, as it does not require constant monitoring of financial markets, and at the same time, it offers the potential for risk-adjusted trades with potential profitability. It’s not easy to claim that one trading activity is better than the other one. Each type of trading has its pros and cons.

The main factor to consider is how much time and effort you’re willing to commit to monitoring the stock market or other financial market sessions.

About Jonathon Walker 45 Articles
The Transparent Traders Blackbox 💸 Amazingly simple! "The TT Blackbox" runs off of multitude of custom coded algorithms and uses predictive A.I. to detect the most accurate day or swing trades that it calculates to give the best chance for success.

2 Comments

    • I took the later trade so that I could get my total share count up, scaling in verse going all in from the start. But if you’re referring to what time I entered, it was because I was busy at work that day.

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