relaxtrader

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Last visit Joined 7 months ago
Markets Allocation
100 % stocks
Top Mentioned Symbols
CHK 33% | 1 XME 33% | 1 HRL 33% | 1
relaxtrader relaxtrader HRL, D, Long , 7 months ago
HRL: Bullish ADX at HORMEL FOODS
19 0 0
HRL, D Long
Bullish ADX at HORMEL FOODS
Here we have a nice bullish ADX crossing signal at HORMEL FOODS Inc. with a risk reward ration of 2.5
relaxtrader relaxtrader XME, D, Short , 7 months ago
XME: SPDR ADX Short
12 0 1
XME, D Short
SPDR ADX Short
There is a nice short ADX crossing here. The most recent low of the uptrend at $21.91 was broken. So this makes the crossing very compelling for me. Target for this trade is about $19.50 and the stop at $22.51 which gives a nice risk reward ratio of 2.5. Let's see how the market plays this.
relaxtrader relaxtrader CHK, D, Short , 7 months ago
CHK: Bearish ADX
53 1 2
CHK, D Short
Bearish ADX
This is a nice opportunity for a short trade based on the ADX crossing. Target for this trade is the support area around $ 1.52 and the stop is at the high of the previous bar at $ 5.81. It got a very good risk/reward ratio of 2.5.
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