IAG - Is there a Buying OpportunityIAG seems that it has found solid support after being flushed heavily. With Bullish Price Action at Support, a break of the Bearish Trendline with very High Volume and MACD cross with Bullish Divergence makes me confident that we can cautiously buy. My Trading Plan is given below:
TP1 - $5.50 (potential gain 13%)
TP2 - $5.90 (potential gain 21%)
Stoploss - $4.20
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Bearishtrendlinebreak
NST - Seems that it has found supportAfter falling hard, it seems that NST has found solid support. With the Bearish Trendline getting broken after a solid bounce, coupled with very High Volume and MACD Cross, I expect a follow through in price to the upside. I am bullish NST and expect it to move higher. My trading plan is as follows:
TP1 - $10.80 (Potential gain 10%)
TP2 - $11.80 (Potential gain 20%)
Stoploss - $8.60
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
FLT - Trade PlanMy trading Bias for FLT is Bullish as it has clearly bounced off the lows (Support), with a decisive break and close above the Bearish Trendline coupled with very High Volume . MACD has given a Bullish Cross and RSI has come out of the Oversold region.
TP1 ~ $17.30
TP1 ~ $19.08
Stoploss - $13.00
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SCG - Trade PlanMy trading Bias for SCG is Bullish as it has clearly bounced off the lows (Support), with a decisive break and close above the Bearish Trendline coupled with very High Volume . MACD has given a Bullish Cross and RSI has come out of the Oversold region. I am expecting a breakout with energy, and expecting a potential 7-8% gain.
TP ~ $3.00 - $3.10
Stoploss - $2.55
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
WGX - Trade PlanMy trading Bias for WGX is Bullish as it has clearly and decisively broken and closed above the Bearish Trendline coupled with very High Volume. MACD is about to give a Bullish Cross Signal and RSI has come out of the Oversold region.
TP ~ $2.40 (Potential Gain 13%)
Stoploss - $1.75
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SYD - Trade PlanMy trading Bias for SYD is Bullish as it has clearly bounced off the lows (Support), with a break and close above the Bearish Trendline coupled with very High Volume . MACD has given a Bullish Cross and RSI has come out of the Oversold region.
TP1 ~ $6.60 (Potential Gain 11%)
TP1 ~ $7.00 (Potential Gain 17%)
Stoploss - $5.40
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.