Stop =$4.84 HHs, HLs. Sideways or UP. Good R/R ratio = 2:1. Weak dollar also favors commodities.
Broke the 200 MA and thru resistance. Stop = 14.07 Target $16.50 (Equal move)
Stop @$3.71 Target $4.50-$4.81 to close the gap; $5.60 2nd target looking good for a long after a nice long consolidation. looking for an equal move; up stock on a down day : ) I was in this yesterday, but will watch @ 3:30 for a strong close and will buy more shares, if weak close (i.e. doji), then avoid the trade TGIF
HH'S, HL's, trend break, accumulation days, bottoming pattern Strategy: small position
Will be out at tight stop if investor and trader moving averages fail to spread apart here. Directional trade, if it doesn't work , cut losses fast, and consider re-entry later. Technical trade.
Potential Long trade for Monday April 20th. Hope fully no gap up cuz will not chase it. Take profits early not seeking full target in bearish market. Will watch for now. Will set stop 20 cents below entry $6.70s. Entry to be $6.90s. Target high 7s
SHORT Position. Descending triangle pattern. Fundamental : Earnings miss. I entered this trade this morning at $100.95, adding more shares now. Looking good so far.
We see a repeating pattern here, will it repeat again? a series of HHs and LLs, Solid trendline with multiple touches. Risk of failure: Bear Market I will most likely enter this trade on the next trading day after the open. Too good to resist, with a good r/r and a tight stop!
Good R/R, short term uptrend now reversing. Short mortgage co and banks. You can see it broke the uptrend on the 15 minute. makes sense in this market. Psychological stop @ 10.25-.10.29ish
Stop @ $13.77 Long-term on electric companies. Thesis = the internet of electricity (gadgets, hand-helds, portables, wearables, smart devices) APUC's diversified renewable energy business is well positioned with a $2.5 billion capital growth program and over 1,400 MW in the development pipeline. (!!) - Source : C.Schwab Briefing.com Divi stock
Entry = $11.42(0.5 fibonacci retracement) Stop = $11.17 (2.3%) Target = $12.67 (7%)
Pure technical trade based on R/R and nothing else Today appears favoring bulls, hopefully everyone who wanted out gots flushed out on that waterfall. RSI and CCI in uptrend and confirming so far. Setting alert for price to close above 5 ema, needs at least one more day of consolidation for proof.
Price action trade, new highs Stop loss = $39.28 Consumer sentiment of Univ. of Michigan = +1.0% Divi stock = 0.37 cents +++
Long term bullish on commodities d/t weakening dollar. 3% stop loss