I have SBUX in my bull list of stocks I want to trade on long side. It is one of tickers produced by my best screening method. I monitor this stock as it moves up without any specific retracement or pullback.
I do not want to buy this stock now. The patience is key in profitable trading. The chasing of any trade is not profitable way for stock trading. I would like to see nice pullback before new entry into trade with this stock.
I have moved V stock into my watchlist for possible bullish trade. I like current action of Visa stock. If it will move above 76 USD then I would like to enter trade on long side.
I was long Q from important breakout 2 month ago and now I have closed trade as stock signalizes possible pause in trend. I like this stock and will wait for pullback to 6.20 area for new entry. I think that further rally is possible.
I mentioned SRCL few days ago. It managed nice breakout above 60 level. If you missed entry or prefer to wait if breakout will hold, then wait for possible pullback back to 60 level.
I bought CPN based on setup in my trading newsletter during fear and panic last week. And CPN is really strong. It moved up. I think that CPN has more upside potential.
I like KFT stock. This stock chart is still bullish and I am already in position trade for several weeks. Now I added into this position as I expect more upside for this stock
I noticed that UUP is only bullish ETF in today’s market.
I am in long UUP trade for more then month and expect more upside move.
I was able to spot early strength by my proprietary scanner I use for scanning about 80 ETFs in my watch list. I use this watch list for selecting best trading opportunities for my ETF trading strategy I use in my fund.
Btw. I am now preparing special newsletter which will publish my ETF trading setups , picks and analysis. Keep tuned, will be available soon.
AAPL stock has broken support levels and is poised for more declines. Uptrend finished.
I noticed that Energy sector finished pullback. I noticed several times in last month that this sector is poised for more declines.
Now it looks like its downtrend move is starting again.
I like to enter this ETF trade with Oil Short ETF with symbol DUG.
CVX, XOM , EOG and whole Energy sector were hammered during last few days a lot.
I mentioned bearish scenario few weeks ago, so hope you did good trades in this sector
