StrengthTrading

StrengthTrading

I love $HXL and the look it's got right now. Good earnings growth and $ITA sector perking up!

StrengthTrading Updated 

Liking a swing opportunity in LSCC here. It's got that look to it!

StrengthTrading Updated 

NYSE:IQV Is present a nice low risk entry right here at the 50 day moving average. I like this for a possible swing trade.

StrengthTrading

Entering a trade in $NRG here. Worth the small risk for me with the price hitting the 21 EMA on the weekly chart in a nice uptrend. Looking to hold this for a longer term swing trade for me which hopefully will be around 1 month or so.

StrengthTrading Updated 

We like how the Solar Sector is trading separate compared to the rest of the market right now so we entered this trade today. We are hoping for this to be a longer term swing trade for us but it depends on the price action. The momentum looks nice to the upside and I decided to post the weekly chart on this to show the strength in this current move. Good luck to all!

StrengthTrading Updated 

This might now be an exciting play, but we really like the play with the struggles that the bond market is showing. We have bought some puts on this Treasury Bond ETF TLT. We entered around $118.58 and this is what we're seeing: -Bond market is struggling overall as of late -Weekly Squeeze has fired to the downside, which can cause large moves -Volume has...

StrengthTrading

Our trade Idea of the week is in Best Buy! It has some nice consolidation and is beginning to fire out of a daily squeeze. We believe that there is a good chance for the price to move to new highs! We will have a smaller position just to take into account the recent volatility so that we do not get stopped out of a winning trade if we can control it! Best of luck!

StrengthTrading Updated 

Now this week's new Trade Idea of The Week is in CH ROBINSON (CHRW). We decided to enter a bullish position in one of our watchlist stocks, CH ROBINSON. We entered this trade on the long side at $92.94 and we have already made some gains today. This is a great setup that we loved to play called a squeeze. This is where the price consolidates and then starts to...

StrengthTrading Updated 

Another trade we entered today was in PRAXAIR (PX). Heres why we like this bullish position for a nice swing trade: 1) OVERALL MARKET STRENGTH - The overall market looks phenomenal after a strong move the last couple of days and looks to move to new highs. 2) SECTOR STRENGTH - The industrials sector itself is looking phenomenal after today's move. You can see...

StrengthTrading Updated 

Overall we are seeing some weakness in the market right now. Something that we're seeing is a lot of the sector/stocks have rejected the 21 period moving average, which tells me that there's a somewhat good chance that we might go test the lows that were created 2 weeks ago. This stock KB HOME INC is an example of a stock that has rejected that 21 period moving...

StrengthTrading Updated 

Forgot to post this yesterday, but we have been in this trade since Friday with some puts trying to ride this market during this large pullback. I am still going to post this because even with this bounce today I still think it has more room to fall. Last week there was a huge turning point in momentum and the selling volume started to pick up. With the signs of...

StrengthTrading

Everyone is so caught up in BTC/USD (BITCOIN) slumping, or they're looking at LTC/USD (LITECOIN), or ETH/USD (ETHEREUM). I really believe you can find some good trading opportunities in some of these smaller Altcoins if you're patient enough to ride the waves. KNC/BTC is looking to be in a spot where we want to start building a position. it might not pop up higher...

StrengthTrading Updated 

Keeping it simple here as always! The BTC, ETH, and LITE of the worlds might be down right now. But PPT/BTC is ready to rock again after some consolidation. Volume picking up and the price is looking like it is ready to clear the base it has been forming under consolidation. We are looking at 1 hour and 4 hour charts to continue to swing trade this momentum higher...

StrengthTrading Updated 

Please note that I am a swing trader. When I enter a position I am looking to hold anywhere from 1 day to 3 months depending on the momentum, but the average is around 7 market days for my hold time. I think it is important to know how we're looking to trade this as different strategies will provide different results even on the same stocks. Here are some quick...

StrengthTrading Updated 

We have been in this crypto for quite awhile, but it is catching a nice pop right now. If you're swing trading these cryptos I'm not sure if now is a right time to get into this as it might consolidate. However, this looks like a strong crypto for a buy and hold for longer term. For traders that are already in this as a swing trade like we are..we are going to...

StrengthTrading Updated 

We just bought some elf here at this point. I'm swing trading off of the 4 hour chart here and keeping it very simple. -I like the volume building up with the momentum in price going higher - Price looks to be moving out of a squeeze on the 4 hours chart - Smaller timeframes are also lining up nicely We are hoping for a symmetrical move in price as the last...

StrengthTrading

We love trading these 4 hour charts with these volatile cryptos. Yesterday we took a look at PPT/BTC and got some nice gains so far to this point. Now we're liking another overlooked crypto in NULS/BTC! -4 HOUR CHART IS GAINING MOMENTUM -VOLUME SLOWLY LOADING UP -WE HAVE SHOWN OUR TARGET BY THE DOTTED LINE Patience is going to be key in this trade but we really...

StrengthTrading Updated 

There looks to be some momentum gaining in PPTBTC yet again on the 4 hour chart. The RSI level has reset to a nice area and there is some increasing volume on the hourly chart and it is gaining steam to the upside. We are looking for a symmetrical bullish move in this trade when looking at the earlier move made on the 4 hours chart. Daily chart looks strong for...