One stock I am watching,
One stock I am buying,
One stock I am shorting
To start it off the stocks I am watching
I am keeping a close on Exxon mobil.
This is a stock that is ready to move with the market, but much more than the market.
I am prepared to short XOM if it drops to 42.00
This stock lost nearly 2x the market...
52 week highs are represented in the red circles.
The channels show the slow gains in between rises.
Wait for the stock to break the 52 week high or set a buy stop of 10.00 dollars.
Take profit of around 10 to 20 percents or 11.00 to 12.00.
Around 9.50 is a good place for a stop loss.
We have seen a support form at 93.60
Resistance has formed at 104.50
We saw from June 10th to 15th a decline of about 8%
We see the same decline only in 1d
If we look at the past we can predict a quick jump in the future
Take profit at around 101 to 104
Stop loss at 93 dollars to give us a little buffer between the support
Buy early Monday morning or set a buy...
Steady Growth for the past week and a half.
Strong Support at 71.00 dollars.
Rises 6 percent on June 25.
Trying to break 52 week high.
Set a buy stop at 82.00
Take profit at 90 to 100
Stop loss between 71 to 75
The previous resistance of 32.50 was broken and has now turned into support.
The 52 week high is the now the resistance that the stock is chasing.
Support has been reached and looking like it could jump off the support.
Take profit at the same level of 38.00 to 60.00
Stop loss between 25.00 and 30.00
Buy from 32 to 40 dollars
We had a clear decay after reaching resistance at 45.00 dollars.
It had a period of calm at the support level and then quickly jumped at the triangle, the triangle indicates that there was a support as it quickly rose.
Then we have a period of slow growth which breaks resistance.
This is only temporary as the red line shows it going back to the 45.00 dollar...
SKYW jumped along with all the other airlines. If it breaks the resistance at around 32.00 dollars, it will most likely go higher.
If it goes to 35 dollars it will rebound at least to 40.00.
Set your stop loss at the previous resistance of 32.00 dollars or a little bit more conservative at around 34.00 dollars.
Good Luck SoloTradingCrew