I like COSTCO COST here. I see the 200ma on the 3hr chart as a nice support. Looks to be setting up for a new move higher. It's one you can buy and hold IF history is a lesson. 8/crossed the 13 on the 3 hr chart which looks like a buy. Good volume
I went long Yesterday with NatGas using BOIL. Trned line break, moving average cross, MACD divergence. All looks good. It's been tough to trade lately. Hopefully we get follow through. UGAZ is another option.
Looks like Platinum is breaking out today. typically Platinum tracks with GOLD. Platinum hasn't moved higher with GOLD, until now. Hopefully it has a nice big run higher like GOLD did. Platinum ICL. I am trading the Platinum miner PLG to take advantage of this move.
It sounds like the trade war between USA and China is about to get resolved. IF it does I expect a move higher for the markets. With LABU sitting on lower support, it should be a short term low risk BUY.
Looking at OSTK it may be finally time to buy. The 4hr chart shows the price breaking out and higher than all significant moving averages. Notice how the price has been below the moving averages until lately. Im looking for the trend to change and move higher. Set your stops in case this fails.
I'm thinking that pullback (blue arrow) was either a 1/2 cycle low or the end of the 1st DC. If its the 1/2 cycle low we should move higher towards $1390 as the top. If its the later we are on day 2 of the 2nd DC. The first DC was 34 days long which is right in line with the previous cycles. If I am right we should blow past the previous high at $1348 easily. If...
TTD is one of those solid fundamental companies you want to own. The company seems to either get beat down or takes off around earnings. Even though earnings were higher than estimated the stock got beat down. I see this as a good entry point. TTD is very over sold here and just starting a run higher IMHO.