Having a method to manage profits is an essential tool for successful investors or traders. The chart SPY shows a bullish trend of the Market. As a cautious Bull, I'll generally look for Long ideas while the market stays above the RED Ichimoku Base line in the regression channel. I have no idea when this trend will change, but when it does cross below the Base...
RTX is in the early stages of a Long-Term bullish trend. Play to the upside as long as the price stays above the Ichimoku BLUE Turning Line.
BABA - Look for a turnaround situation...if the price breaks 240, on higher volume, and the DMI/ADX turns positive. Be patient for this to materialize!! 2nd buy stop if price continues through the 245 area. Look for the Choppiness indicator to turn south indicating the start of a new trend.
ADBE is making an attempt to re-establish it's long-term uptrend. Check the ADX/DMI for a bullish crossover , confirmed by a choppiness indicator to transition from "rangebound" to "trending". 1st price target is around the 600 level. If this target is achieved, look for further upside to 700. If the uptrend fails to materialize, have a stop-loss at 445 level. ...
Be patient and wait for ORTX to break the downward sloping trendline. When this happens, take a Bullish Position. The uptrend should last longer than the downtrend Line. Highly Speculative but potentially Highly rewarding.
MP is a fairly resent listing. Look to place a "Buy Stop" entry around 46 if triggered place a "Stop Loss" exit around 42 for risk management. Manage a Bullish position above the Blue Turning Line. Stay Bullish if the the ADX/DMI green line stays above the ADX/DMI red line. Choppiness indicator should confirm by heading south. Intended to be a long term play on...
Look for Bullish action if the price of MTD is able to close above the $1148 area in the next two weeks. A bullish break out could take MTD to $1300 in the next 9 months. Look for the ADX/DMI to turn positive and the Choppiness indicator to confirm an uptrend prior to starting a position. The trade fails if the price closes below the $1055 range.
CI looks to be setting up for a Bullish Breakout. ADX/DMI is positive. Watch the Choppiness indicator to start heading in a DOWNWARD direction. This indicates that CI is transitioning from choppy price action to a trending price action. The positive ADX/DMI indicates a bullish trend developing. Set a Buy Stop order at or near the $230 price level. With a Bearish...
CME has been relatively Neutral throughout the recent run-up in asset prices. CME should be a proxy of rising commodity prices. The ADX/DMI indicator is showing mild strength. Look for the Choppiness indicator to confirm a new trend prior to entering a position. CME Price is above "The Cloud" indicating a slightly Bullish situation. Be prepared to Cover your...
Today's sharp selloff places the current uptrend in jeopardy. The price has closed below the turning line. This could signal further price weakness. The ADX/DMI as well as the Choppiness indicators are showing a change in trend may be developing. It may be a good time to tighten stops, take profits or play to the downside. At the very least - Be Cautious!!
Has has good relative strength during the recent market volatility. Check out the trendiness by looking at the tight price pattern following the turning line. The price is above a rising cloud pattern. Stay with it until the price falls below the Cloud. The Choppiness indicator is currently showing a strong trend, confirmed by the ADX/DMI. Look for the Year of the Cat.
FISV is trading above the cloud, and above the turning line. FISV is showing strong relative strength in the recent pullback. Trendiness seems to be forming as shown by the Choppiness and ADX/DMI indicators. Look for this to become a strong relative performer over the next 12 months.
ETN may show resilience and relative strength over the course of 2021. Check the relative strength on a distribution day, ADX/DMI and Choppiness looking to show "Trendiness". As long as the price stays above the Ichimoku Cloud This could be a nice time to play ETN to the Long side.
Looking for an entry setup around 107. Choppiness indicates a consolidation may be underway...possibly to 107. Look for support at 107 and an entry setup if this level is held. If the Choppiness indicator moves back above 62, this, along with the price action, may confirm the start of a new trend higher. Looking at a 21 day window for this setup to trigger....
Nice consolidation with a Bullish breakout on Citi comments. EPS due May 09, 2017 amc.
Possible leg up after EPS on 04/26/2017 bmo. Looking for EPS beat and revenues neutral to light.
The General Market, as indicted by the SPY, may be consolidating. The Choppiness index level is low, which can indicate the start of a trend. With a new column of "O's", the new primary direction is lower. Time to put the Defensive team on the field!!
EPS due on May 04,2017. Long position on breakout above 23.85 range. Stop around 23.45 depending on your risk management. On breakout, first target is around 24.70.