Hang Seng Bank - HKEX looks progressing for wave 5 down. It is under-performing HK50 index. Sell in 2nd wave corrective up with stops above 140.50 for target below 125 level as 5th down.
LCO (CL1!) seems within the 5th wave of 3 wave down. Which seems ended near 9.5 $ mark. Here i put my thoughts about possible wave count in smaller time frame, which is looking very obvious to me. But let chart speaks
Franco Nevada Corp (FNV - US) is all time high stock. It seems within wave 5th of wave 3 (or C) up. Buy for last move up if getting at good price to enter with stops below 132.60.
Abbott Laboratories (ABT - US) looks like 4th wave completed on trend channel. It’s out-performing the market. Buy with stops below 92.75 for target of above 100. Volume supported by earning date.
Douglas Emmett Inc (DEI - US) is under-performing the SPX index. After completed B wave up corrective, it dropped in 5 wave as wave 1 of C wave down. Sell with stops above B wave high with some pull back within 1-2 day. Wait for good price to enter.
Texas RoadHouse (TXRH- US) formed triangle after severe downtrend. This triangle formed B wave as shown on chart. Sell below 45.30 after breakdown with stops above 47.85 for bigger down target
National Oilwell (#NOV - US) is in downtrend. It looks like 4th wave bear flag after big downfall. Sell with stops above 13.10 for target as new low in this time frame.
LAS VEGAS SANDS (LVS - US) looks like 4th wave triangle is completed. Wave 5 down will start soon. Sell with stops 46.35 for target down. It’s also under-performing stock than SPX.
Nordstorm (JWN- US) looks very bearish to SPX index. I feel its in its 5th down wave. Tell me your count if not matches with me. Thanks.
M&T Bank (MTB - US) seems within B wave triangle. If brakes then only - sell for C down wave with stops above 110.90.
Alcoa Corp (AA - US) is going down for 5th wave down. It’s already broken down to 4th wave triangle. So next move will be very fast down. Sell with stops above 8.09 level as prices rise little on Monday as Spx is expected to go up slightly before going down further.
I have already uploaded this idea two days back for buying for ADP. Now it's going up as exactly what i thought about. Next week market is slightly bullish to range bound. So it will probably work as i thought. ADP(US) seems started C wav up after flat B wave. A wave can be seen clear 5 wave from bottom. Buy at 137 level with stops below 133.10 and target zone...
COF (US) is in downtrend and 5th wave is in progress. Sell with stops above 62.94 for target below 40 level.
3I group (London) is within triangle as B wave down & weaker stock compared to FTSE 100. Sell below 715 level only when breaking down the stock & keep stops above 755 for target below 530.
Thyssenkrupp AG (TKA - DAX) is in downtrend. The 5th wave down shown in chart is in progress. Sell below 5.34 after breaking down that level with stops above 5.75 for new low as target. It is much under-performer to DAX index.
I posted this trade setup, but it's not coming down to entry price and gone straight up and again consolidated. It's very obvious that its make a new high with earning data. If entry taken then stay & if not then do nothing with now. AMZN (US) seems in final move up of 3rd wave. It looks in internal wave 5 of wave 3 up. Buy for one more up move at 2310-40 with...
EBIX (US) is in downtrend and under performing the US index (nasdaq). After huge downfall it makes triangle which also broken down. Sell with stops above 18.18 for bigger target.
Yesterday i mentioned this idea as no brainer buy for 15 min time frame, as it's all time high stock and clearly out-performer than US index. It's already moved up towards new high. Now no entry there. But if you took entry on last trading day then stay in the trade. Yesterday's stock idea before market open : QLYS (US) is at all time high stock. Buy for one...