Simon Property Headwind Long (CUE Reversal Trade)SPG meets all the checklist conditions for CUE Headwind Long Trade (a reversal trade type).
It also has a False Downside Breakout.
Several companies in this group are up today. Real Estate Services Industry is gaining strength.
www.screencast.com
www.screencast.com
Cuetradingsystem
Bounce Short at CUE Pendulum HighHere is an interesting stock.
L.
It is in primarily in the insurance business. But has an interest in drilling, pipeline, hotels; and now; containers. I am not sure what is the link between these diverse industries.
As of EOD 25th Apr, It is going sideways for a while in Weekly. Weekly displayed Bearish Headwind a few weeks ago.
Now, in CUE Daily Hop On, it hit the Memory Resistance after rapidly going up for 2 days - both days with Gap Up Moves.
As we don't have a Close below previous day's Close yet, the Bounce Short conditions are not yet met.
One might Short it if in Fine Tune it gives a Low-Risk entry opportunity on 26th Apr.
Earning is on 1st May.
Sagar
CBS is toppling over as Media becomes weak over last 2 weeksMedia industry became weak in Superior Profit Analysis.
CBS has Lower High Lower Low in Daily CUE Hop On.
CUE Backdrop Weekly is Bearish (magenta). Two Bearish Headwinds came since 10th Mar in Weekly.
Stock dropping though SPY was going up for last few days - and that too, sometimes with Very High Activity.
There is enough distance for a quick Swing Short Profitable Trade.
CBS is also at CUE Pendulum High - a high place to take Short.
UAA Long at Pendulum LowApparel Industry is gaining strength as seen from Superior Profit Industry Heat Map.
Today, another company in this group, UAA, went up by ~10%.
This kind of scenario keeps playing all the time.
When an Industry is at the bottom and starts to go up, several companies in that Industry starts to go up along with it.
There is no standard CUE Setup. But the CUE Bullish indications in both Weekly Backdrop and Daily Hop On; combined with its Industry Rank Improvement is attractive.
It moved out of narrow Daily Range.
One might consider Buying it for Long Term or Swing Trade.
Trend Following Short as well as Longer Term Short PKI Is overbought. So is it's Industry Group.
Though Market went up today (20th Apr), PKI and many of its peers dropped.
PKI has a Fake Upside Breakout in CUE Weekly Backdrop chart; reversing from CUE Bearish Headwind Level that had come many months ago.
Daily CUE Hop On chart displayed a Bearish Headwind at end of March 17 and since then price could not go up.
It has a Go With Flow Short Signal at the right edge. With narrow Stop Loss.
L Brands (LB) Long Term or Swing Trade Buy OpportunityLB is at CUE Pendulum Low - that is, a Low enough price to take a Buy Position for Long Term Investing.
It is near Low point - meaning its Stop Loss is narrow.
Potential profit is much higher.
Both Weekly Backdrop and Daily Hop On charts using CUE Templates are showing Bullish signs after dropping a lot in previous months.
Also, Apparel Industry, to which LB belongs, improved in its rank in the previous week.
All these points to a valid Long Term Buy Position potential in a strengthening Industry while also allowing for narrow Stop Loss.
It could also be taken as a Swing Trade Long Position.