NASDAQ:MU Swing Trade Long: 1) Recent MA crossover 2) RSI 30 was recently oversold 3) MACD crossover under 0 4) Bounced At support levels 5) Big Bars down 6) MACD and price divergence Entry: 43.45 Target 1: 49.26 Target 2: 52.47 Stop Loss: 42.47
NYSE:DNOW SWING TRADE Reasons: 1) Bounced on support 2) RSI Crossing up 3) MACD Crossing up 4) Big red bars down Entry: 7.92 Target: 8.94 Stop Loss: 7.68 Risk Reward: 4
SWING TRADE ENDP UPDATE: So this is the second entry at the second support level (after being stopped out at the first support level of 3.29. Again, risky since we're only playing off the support as the signal. Thus, will again use a tight stop loss to mitigate the risk. Not loving this pattern as the down trend seems strong when looking at a longer time frame...
SWING TRADE CRON showing signs of a reversal from being oversold. I like this because of the high risk to reward ratio. Reasons: 1) 6 Red bars down 2) MACD Cross over below 0 3) RSI recently crossed up 30 4) MA cross over 5) Within previous support range Entry: 5.71 Target: 6.99 Stop Loss: 5.61 Risk Reward: 12.8
ENDP SWING TRADE ENDP - Been watching this stock for a while, for the last 2 months it's been channeling within a tight range, giving the possible opportunity for about a 10% profit. Risky though, since there's only one primary strong sign for my conviction. Thus, will use a tight stop loss to mitigate the risk. Reason: 1) 9th possible bounce on support @...
NASDAQ:APHA SWING TRADE APHA showing signs of a reversal from being oversold Reasons: 1) MACD Cross over below 0 2) MACD and price divergence 3) RSI recently oversold 4) MA Cross over 5) Bounce at previous resistance 6) Big Bars down previously Entry: 4.54 Target: 5.24 Stop Loss: 4.38 Risk Reward: 4.06
SWING TRADE GE showing signs of a reversal in its recent drop 1. MA 9 & 50 Crossover 2. Large bars down previously 3. Bounced on support 4. Large ending volume 5. Recent MACD Cross over below 0 6. Recent RSI 30 Cross up Entry: 6.14 Target: 6.94 Stop Loss: 6.01 Risk Reward: 6.75
SWING TRADE INTC showing signs of a reversal in its recent drop Reasons: 1. Crossing of 9 & 50 MA 2. Support found at COVID levels in Mar 3. Bullish engulfing candle 4. Breakout of falling wedge 5. Recently crossed up RSI 30 6. Price and MACD Divergence Entry: 49.08 Target: 54.31 Stop Loss: 47.01 Risk Reward: 2.53
NYSE:MMM SWING TRADE MMM showing signs of a reversal in it's current channeling pattern. (An elaboration of my previous idea) Reasons: 1. Potential 4th bounce off support 2. Crossing of 9 & 50 MA 3. Large bars previously pushing down 4. Huge Volume down trending ending bar 5. Recently crossed up RSI 30 6. MACD cross over signal below 0 Entry: 151.18 Target:...