Signals for 17/07/2020Signals 17/07/2020
Hi Guys, we were away for a while, but we’re back with some signals
EURUSD – the price is trying to hold above 1.14030, if it manages, long with a target at 1.15. If it impulses below, short at a pullback with a target 1.134
XAUUSD – The price is trying to hold above 1795, I recommend a long with a target at 1900
MSFT – I expect a pullback to 197, reversal model (false breakout OR bounce), followed by an up move, target at 215
SNPS – I recommend a long with a target at 203
CRM – the price tried for a false breakout of 184, either that works out, in which case enter with a target at 202, but what might happen is a drop to 171, in which case wait for a reversal model and then long with targets at 184 and 202
GD – I expect a pullback to 144, a reversal model, and then an up move. Long with a target at 156.
Right, that’s about it, I hope you found this useful, have a good one.
Trade ideas
GD: $140 Short Target -> $160+ June PotentialFirst off, don't take anything I say seriously or as financial advice. This is on opinion basis (as always). That being said, let get into my analysis. I am hoping for a positive earnings call for General Dynamics tomorrow, which is why I recommend getting this ASAP as it is worth the risk to me. Likely, it will pass the $140 price point if that is true real soon and has a bullish potential to go all the way up to $160 within two month. It is too early to call this a long, but I think as a short it isn't high risk.
GD - 4/28/2020GD - Tenkan sen crossed over Kijun sen and price moves up. Cloud ahead predicts sellers will sell from their purchases from March low of $100. On the other hand, the Fib from recent low and high shows a 61.8% point is likely around $153 - $155. This would be the glass ceiling or resistance level for now.
GD facing inflection pointwww.cnbc.com
The day chart shows GD facing an inflection point now, precisely it is in a symmetrical triangle pattern where it can breaks out either way, up or down.
I am more inclined to go with the upside rather than down for various reasons I shared on S&P500 chart.
Let's see how it perform over the next few weeks.
$Gd General Dynamics in Demand Possible entry levels @ $180-$185
Well below the $206 average analysts price target.
P/E ratio 15.46
General Dynamics Corp. is an aerospace and defense company, which engages in the provision of tanks, rockets, missiles, submarines, warships, fighters and electronics to all of the military services. It is organized into four business segments: Aerospace, Combat Systems, Information Technology, Mission Systems and Marine Systems. The Aerospace segment delivers a family of Gulfstream aircraft and provides a range of services for Gulfstream aircraft and aircraft produced by other original equipment manufacturers. The Combat Systems segment offers combat vehicles, weapons systems and munitions for the U.S. government and its allies around the world. The Information Technology segment provides technologies, products and services in support of thousands of programs for a wide range of military, federal civilian, state and local customers. The Mission Systems segment provides mission-critical C4ISR products and systems. The Marine Systems segment designs, builds and supports submarines and surface ships. The company was founded on February 21, 1952 and is headquartered in Falls Church, VA.
GD - Bull Put SpreadHigh Vol & High Beta Stock.
RSI <15 and PA finding S/R at level 187/188 zone
Looking for Reversal to mean higher.
Taking 185/180 Put Credit Spread.
Also picked up 190 Call for Directional Bias Higher.
Oct Exp but aiming to Close in profit well before that...
Good Luck - Watch your $$$ RISK
GD long call spread converted to long call optionAs explained in the video, I initially opened a long call spread by buying the 175$ strike and by selling the 180$ strike. As the stock got completely crushed all week, I decided to close my sell 180 call for a profit. Now I only have the remainder of the 175$ long call. If the stock has a significant rally, I could either hold my long call and try to make a large trade or I could de-risk by reselling the 180 call. Overall, I believe I am in a good position, and the stock market rally today on 5/10/2019 really helped this trade bounce back.






















