Safest short in the stock marketHey, I think MOO drops, and significantly so. I'm not shorting yet, but I'm posting my idea ahead of time. I WILL short this when SPY hits $390
MOO trade ideas
MOO daily late entry ABC correctionBuy Stop 85.46 LMT 85.46 GTC
Sell Limit 89.01 GTC
Sell Stop 82.49 DAY
MOO daily late entry ABC correction if we clear both candles from above we can run into MA 200
MOO running out of grassHey everybody,
I've been following MOO as of late as I'm currently short DE and waiting on an entry for CAT short as well; I've noticed that it has essentially been forming a Wyckoff-style distribution pattern, and is one of the few sectors in this market that isn't brutally beaten down at this point. I'm currently expecting a countertrend rally upwards in this name, but I fully expect the rally to be faded and for this sector to enter a brutal markdown phase that will take it to pre-pandemic levels well before 2023. The question in my eyes is when and where will the rally be faded? My current ideal entry short on this name rests around $92/share
Stocks To Watch This WeekWeekly charts showing what is working in the market. I show the ETF first and them some strong names in the group. Get a pen and paper because I go quickly and make the trade your own.. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 35 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
MOO, agribusiness on the moveMarket Vector agribusiness ETF has broke out of the 10months consolidation in ascending triangle
by a GAP up
whether this breakout is for real, we will find out soon if it can find support or not, should it re-test the upper triangle line
However, there is nothing to celebrate yet as you can see that the 2008 June top is sitting at 66 though
having said that:
i will attach some related stocks and ETF for comparison
I am bearish on Independent Oil & Gas but Bullish on CommoditiesI see ag as one place where there is some great fundamental growth potential. Creating a spread based on commodities is just a way to lower risk.
