Swing Trading Report Tues Feb 20 Part A: $LITE, $CALA, $FSLR, $CELG, $HIIQ, $AMBA, $AAOI, $COTY
Welcome to Compound Trading Swing Trading Report for February 20, 2018 Part A; $LITE, $CALA, $FSLR, $CELG, $HIIQ, $AMBA, $AAOI, $COTY and more …
Email us at [email protected] anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private message Curtis in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.
Notices:
Good morning!
This swing trading report is one in five in rotation. Below is part A of this report and part B will be published within 48 hours.
The reports are in the process of upgrades to included buy and sell triggers identified on charting of select instruments that are nearing trade set-ups. The triggers (price and / or other indicators) will also be programmed in to our charting for attendees to the live trading room and alerts will flash on screen in the trading room. Additionally, the triggers will be buy / sell points for our traders to use as part of the alerts members may receive.
If you need help with a specific trade and the specific trading plan for your swing trade set-up let me know and as I have time I can help you formulate.
When managing your trades with the reports keep in mind that you will have to invest an hour or two a week to check the indicators mentioned for buy and sell triggers.
Swing trading success, even with a service, does require “some” maintenance on the part of the user, although the new live alert service will take much of that burden off the user as we know many of our users have busy lives. It is the indicators lining up that signal a trade long entry or an exit. In our case rely heavily on MACD on daily or weekly (or Stoch RSI and Moving averages) but indicators we are basing our trade entry and exits on are listed with each trade so any user that does even moderate trade management will know when the indicator(s) have turn with or against the trade.
Intra-week you can always DM myself on Twitter or email with specific questions regarding trades you are considering for assistance. But it is critical that you attend to the maintenance of your signals at least once a week if not twice and set stops and preferably alarms so that intra-week you can enter or exit. If nothing else you can always book some coaching time and I’ll assist also (although we are at a point of waiting list for the coaching, at minimum you can get on list or for immediate help as I said please DM or email).
IF WE DON’T GET BACK TO YOU RIGHT AWAY it is usually because we are pressured with deadlines or are trading.
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Newer updates below in red for ease.
Recent Compound Trading Videos for Swing Traders / Charting Set-Ups:
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Swing trading setups Jan 18 $FB, $SPY, $CNTF, $CTIC, $RIOT, $AES ….
Swing trade stock setups Jan 19 $SPY, $GSUM, $DXY, $MIND, $XPO, $ICPT…
Swing trade / daytrade set-ups for wk of Jan 22 $SPY, $FB, $ROKU, $DXY, $JUNO, $BTC.X, $FATE …
CRITICAL time cycle decisions SP500 $SPY, Gold $GLD, Oil $WTI, USD $DXY, Bitcoin $BTC.X and more…
Swing trading ideas & how I am managing $SPY $SPXL trade, structural trading $XNET, $SQ, $GDX …
Technical charting lessons here at market open $HMNY, $XNET, $SPY, $SEII, $INSY, $SLCA
Jan 9 Swing trading set-ups $XNET mid trade technical review, $GSUM, $SLCA, $SPY, $TESS….
Live $XNET trade $4267.00 gain. Swing trade entry and chart set-up at 40:00 – 54:00 min on video.
Jan 8 Swing Trading Set-Ups $AYI, $SPY, $SQ, $VRX, $AXON, $BTC.X….
Market Open Jan 8 Live Chart Model “On the Fly” $VRX, $SPY, $BTC, $LITD, $MYSZ, $INSY
Jan 3 Swing Trading Set Ups $SPY, $SPXL, $LTCUSD, $GLD, $APRI, $MNKD, $INSY, $TEUM, $NTEC, $LEDS …
Jan 2 Swing Trading Set-Ups $BTC.X, $SPY, $GDX, $XOMA, $JP, $INSY, $MNKD, $NTEC, $SKT, $RENN …
Jan 3 Swing Trading Set Ups $SPY, $SPXL, $LTCUSD, $GLD, $APRI, $MNKD, $INSY, $TEUM, $NTEC, $LEDS …
Jan 2 Swing Trading Set-Ups $BTC.X, $SPY, $GDX, $XOMA, $JP, $INSY, $MNKD, $NTEC, $SKT, $RENN …
Email us at [email protected] anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private message Curtis in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.
$AMBA – Ambarella Inc.
Feb 20 – $AMBA over 49.40 is a buy and below a sell – currently testing support resistance area.
Feb 20 – $AMBA Not a great risk reward chart set up here with MACD and SQZMOM up and Stochastic near top. #trading
Jan 7 – $AMBA: path of least resistance here is a pull back to 58.61 but the indecisive target may play out 67.82 per below and I believe the bullish target is a challenge. But trade in direction of target / price trajectory and trend using the triggers on the chart.
$AMBA Just shy Jan 5 bullish target 67.78 trading 63.62. Feb 15 time cycle peak has 77.08 bull, 67.82 indecisive, 58.61 bearish pull back for targets. Buy / sell swing trading triggers between targets at white arrows. Swing in direction of target trajectory #swingtrading
Real time charting link to $AMBA swing trading chart with buy / sell triggers and price targets on time cycles.
https://www.tradingview.com/chart/AMBA/iePm04YG-AMBA-Just-shy-Jan-5-bullish-target-67-78-trading-63-62-Feb-15/
$AMBA Weekly chart provides perspective on clean trade through time price cycle targets at upper lower quads #tradingedge #swingtrading
Dec 6 – $AMBA trading 57.57 after post earning pop – take long at MA bounce or Fib bounce and trim at each extension up. #swingtrading
Buy triggers (wait for a Fib buy trigger support to hold and bounce off one for a long)
49.45
51.70
54.66
57.57 trading at now
58.56 main resistance (you can use this as first sell trigger trim
63.00 sell triggers start (trim longs starting here or at main resistance above)
65.68
67.53
and so on per chart
https://www.tradingview.com/chart/AMBA/0Y11WMU6-AMBA-trading-57-57-after-post-earning-pop-take-long-at-MA-bou/
$COTY
Feb 20 – $COTY got the rip after earnings but Stochast RSI on chart is high now. #stock #chart
This isn’t a great risk reward for a swing trade. If anything I am bearish considering the gap near close and the Stochastic RSI is high and the MACD looks like it is turning.
Jan 7 – $COTY per Dec 6 200 MA test chart posted below previously – it was it and it got the jump over the 200 MA. Next test natural historical resistance at 21.80. Congrats to those that caught the 200 MA trigger. I did not. Almost time to ratchet up stops soon imo.
Because it is so close to significant resistance I won’t chart buy / sell triggers here. I will revisit this chart after the resistance test on pull back or a break upside past resistance. Could get interesting. Path of least resistance is a pull back at resistance.
$FSLR – First Solar
Feb 20 – $FSLR First Solar stock chart has MACD turned and under 50 MA in to earnings. #stock #chart This could be explosive either direction. Trigger on price action and go with it IMO. #earnings
Jan 7 – $FSLR weekly chart over 75.31 on back test may be a new range trade – on watch close for possible pull back or break to upside.
$FSLR weekly chart over 75.31 on back test may be a new range trade – on watch close for possible pull back or break to upside.
Dec 6 – $FSLR trading 61.21 and needs MACD Stoch RSI and SQZMOM to turn back up – new break-out possible here.
$AAOI – Applied Opto Electronics Inc
Feb 20 – $AAOI did get a bounce. Most bullish scenario target 49.50 Mar 26. #stock #chart #trading
Watch the 50 MA test very closely. If price gets above the 50 MA then watch the Fibs for resistance. Failure targets 27.71 region.
Over 46.52 refer to gap fill charting below in previous reporting Dec 6, 2017.
Feb 13 – Posted to Discord channel – $AAOI trading 29.13 near mid quad support 27.70 about to lead in to Mar 21 time cycle peak. #swingtrading
Trade set-up is a long at / near support for a bounce and add in to time cycle peak Mar 21 if price action confirms.
https://www.tradingview.com/chart/AAOI/avt6yLu8-AAOI-trading-29-13-near-mid-quad-support-27-70-about-to-lead-in/
Jan 7 – $AAOI 15 min model over 39.15 for a daytrade that could leg in to a swing trade.
Dec 6 –
$AAOI over 46.52 becomes a gap fill play to 56.44 or so on the chart. #swingtrade
$AAOI main buy sell triggers under the gap fill range marked at 41.59 44.05 46.51 and others at Fibs
$HIIQ – Health Ins Innovations
Feb 20 – $HIIQ targets 35.70 or 40.10 May 16 as bullish scenario. #stock #chart #swingtrade
The lower of two target scenarios from last report played out (white directional arrows).
Jan 7 – Watching $HIIQ to resolve out of current quad in to next and possibly target mid quad at 31 or upper apex 35.61 for Feb 16 time cycle peak.
Dec 6 – $HIIQ swing trade buy sell triggers noted on chart. Watching for price over 200 MA.
$CELG
Feb 20 – $CELG under 96.00 resistance is bearish to 86.00 support Feb 28 cycle peak. 60 Min stock chart.
Jan 7 – $CELG So far in this washout very indecisive trade – watching for 60 min time cycle peaks for trade lift to bring time frame out for swing trade.
In other words, as soon as trade gets bullish on the 60 minute time-frame then I can chart the daily time frame for a proper swing trade. So I am watching the mid quad time cycle peaks for possible lift for a clue to begin trading it and move to a daily time-frame chart for a swing trade post wash-out.
Dec 6 – $CELG trading 102.56 over 106.34 a long to 121.00 price target and under 95.90 short to 87.00.
$LITE
Feb 20 – $LITE stock chart. This likes to hit price target locations on model. Watch Apr 9 time cycle peak.
Main targets 65.00, 54.00, 43.00 April 9 – trade in direction of price action using Fibonacci diagonal lines marked on chart as support and resistance.
Feb 6 – Lumentum’s stock surges after profit and sales beat offset downbeat outlook
Jan 7 – Trading 51.10 with indecisive indicators and under 200 MA. Will watch for a trend decision and then chart the trade.
Dec 7 – Trading 46.30 with all indicators trending down. At the point that the MACD starts to turn I will chart the buy sell triggers for the new trading range.
$CALA
Feb 20 – $CALA Continues under pressure targeting lower targets on price cycle termination. Buy sell triggers on chart.
Jan 7 – $CALA If this historical support area holds 18.63 is in play for Jul 3 time cycle peak on daily for swing trade. But that is a big if and the peak (apex) of quad may not hit – it could just be indecisive bullish bias to mid horizontal line on quad at 10.70 ish. If it does start to play out I will chart lower time frames for legging in on swing trade.
If it fails all together, the downside is in the 3.00 range at bottom of quad.
The symmetry on this chart suggests bullish action however. But yet to be seen.
$XRT – SPDR S&P Retail ETF
Jan 7 – $XRT Nice clean mid quad price time target hit on this daily swing trading chart model. #swingtrading
$XRT Symmetry suggests 41.36 ish May 2019 but be sure to trade with price action. As trade leaves this target area I will chart lower time frames as the trade gives indication to up or downside. Chart link below FYI (from previous reports).
Dec 7 – Stoch RSI on $XRT daily has turned down so there is a chance that the lower target for Jan 8 2018 hits at 41.00 FYI on watch
Buy Sell Triggers are as follows for the wide time frame $XRT charts below;
51.19
46.11
41.00
36.00
31.00
$XRT Retail ETF trading 44.11 may hit Jan 8, 2018 46.11 time cycle target and most likely 36.00 May 15, 2019 time cycle target. More notes on chart. #swingtrading https://www.tradingview.com/chart/XRT/jE5xbpfH-XRT-Retail-ETF-trading-44-11-may-hit-Jan-8-2018-46-11-time-cyc/
$XRT Retail ETF Trading 44.11 200 MA on Weekly meets trade. #premarket #swingtrading
Nov 12 – Trading 40.18 and MACD just turned up on daily but chart is under continued pressure. Only watching for now.
Sept 18 – Trading 41.20 and just under 200 MA on daily with extended indicators – likely turns down.
Aug 9 – Trading 41.11 and well under 200 MA with indecisive indicators. Watching.
$EXP Building Materials
Jan 7 – $EXP at resistance perfectly at mid quad test, over 117.92 targets 140 area late Oct and under targets 96.00 area. trading really clean through the decisions.
Dec 7 – $EXP on daily MACD is turned up but Stoch RSI is high. Trading 111.68 with main upside target 118.00 or downside 95.60 and Fib checkpoints in between to pay note to. The 118.00 price target is very probable in my opinion so this is on high watch for me for continuation.
Main Buy Sell Triggers:
140.00
118.00
95.60
73.37
Nov 12 – Trading 103.59 trading under pressure with price caught between MA’s – only watching for now.
Sept 18 – Trading 101.86. Just reclaimed 200 MA with extended indicators. On watch now.
Aug 9 – Trading 91.47 under 200 MA and indicators are poor. Watching.
$FIT
Jan 7 – $FIT trading 5.90 sitting right on 200 MA under 20 50 100 MA’s – decision time.
Dec 7 – $FIT trading 6.78 with 20 MA about to breach 50 MA but Stoch RSI trend down and MACD may turn down. Indecisive again.
Nov 12 – Trading 5.93 with continued pressure and indecision in the chart.
Sept 18 – $FIT Trading 6.50 w reclaim 200 MA on daily and indicators up – on watch.
Aug 9 – Trading 5.85 under 200 MA watching.
July 25 – Trading 5.56. Same.
$VFC
Jan 9 – Trading 77.36 the trend continues at 52 week highs. Watching break-out area for possible long.
$VFC The big test. 52 week highs. Weekly chart. #trading
Dec 7 – Trading 71.68 with indecisive indicator correlation to price and moving averages. Will chart buy sell triggers when a more clear direction is in play.
Nov 12 – Trading 69.63 has been an excellent trending stock that is testing 20 MA and indicators are flashing warning signs for a failure. Only watching for now.
Sept 18 – Trading 62.43 with indecisive indicators and sideways trade.
Aug 9 – Trading 62.61 well above 200 MA and other MAs. Waiting on pull back and bounce and assessment of indicators at that time.
July 25 – Trading 58.88 in the bowl and may pullback for an MA test (watching for that now).
Alphabet (Google) $GOOGL, $GOOG
Jan 9 – $GOOGL Trading 1114.98 Trend continues to bulls side with all indicators nearing maximum overdrive. Watching.
Although it looks like this will continue in uptrend for some time, it is irresponsible for me to suggest long entries here as all indicators on weekly chart are very extended. Will watch for structured entry long.
Dec 7 – $GOOGL Trading 1035.68 premarket with a bounce off 50 MA in to 20 MA resistance Stoch RSI up but MACD is not SQZMOM down. Waiting.
Nov 12 – Trading 1044.15 well above MA’s and likely to test 20 MA with indicators showing weakness just last few days. On high watch for a bounce off MA’s.
Sept 18 – Trading 935.69 with indecisive indicators.
Aug 9 – Trading 938.77 with price under 20 and 50 ma and waiting on MACD for an entry long.
July 25 – $GOOGL Last earnings held ER and banked. This ER didn’t hold and it tanked 2.45% Watching for possible long. https://www.thestreet.com/story/14240895/1/alphabet-shares-trade-lower-in-frankfurt-after-q2-earnings-highlight-traffic-cost-concerns.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
Amazon $AMZN
Jan 9 – $AMZN Trading 1248.76 premarket. Same story as with Google, all indicators are very exteded and waiting for pull back.
Dec 7 – $AMZN Trading 1156.00 premarket regained its 20 MA Stoch RSI up but MACD is not with SQZMOM trend down. Waiting.
Nov 12 – Trading 1125. 35 as with Google way above moving averages – will watch for a proper pullback.
Sept 18 – Trading 987.65 with indecisive indicators. Watching.
Aug 9 – Trading 985.45 and same set-up as GOOGL with price under 20 and 50 MAs and waitinig on MACD turn up now.
July 25 – Trading 1038.01 with ER on deck. Will watch.
Juno $JUNO
Jan 9 – $JUNO trading 49.35 under 50 MA – if price gets above 50 MA with 20 MA breach to upside it is a long. #swingtrading
This is a possible sidewinder setting up (price above 50 MA with 20 MA breaching from underside of 50 MA would qualify as a structural long). Time with Stoch RSI curl up from bottom on 60 min or greater if possible.
On watch for set-up to play out.
Dec 7 – $JUNO with 50 MA below and 20 MA resistance Stoch RSI may turn up but MACD is not SQZMOM down. Waiting.
Nov 12 – Trading 57.59 and as I said early in 2017 it has rocketed. Way too far above MA’s right now to consider.
Sept 18 – Trading 44.30 in continued break out up against historical resistance. Watching.
Aug 9 – Trading 28.90 watching indicators for conclusive long thesis but we just cannot form one yet. Watching.
July 25 – Trading 30.20. Indicators are indecisive (likely due to ER in 9 day)
OakTree Capital $OAK
Jan 9 – $OAK daily chart . I actually really like this setup with price on historical support. Swing trade report will outline setup and buy sell triggers. #swingtrading
Disclosure: Compound Trading and or myself has contractual relations with one or more parties included in the article above. I hold no position at this point and may or may not in the near future.
$OAK over 43.96 targets 48.97, over 48.97 targets 60.79, under 43.20 targets 37.40 time cycle peak Nov 26, 2018 #swingtrading #model
Dec 7 – Trading 42.90 after wash-out – waiting for daily Stoch RSI SQZMOM and MACD to turn up for assessment.
Nov 12 – Trading 42.45 after a major run up this year and significant wash-out – watching for a bounce.
Sept 18 – Trading 45.35 with 200 MA support test in progress. Watching close here.
Aug 9 – Trading 47.60 with indecisive indicators. Watching.
July 25 Trading 47.64 ER in 2 days. Watching.
VanEck Vectors Russia ETF $RSX
Jan 9 – $RSX Russia ETF – Really interesting weekly chart IMO. #swingtrading
$RSX over 23.00 targets 27.00 and over 27.00 targets 43.00 as most bullish scenario.
Dec 7 – Trading 21.52. Indecisive.
Nov 12 – Trading 22.28 with indecisive indicators. Only watching.
Sept 18 – Trading 21.95 testing previous highs.On high watch here.
Aug 9 – Trading 20.30 sitting on 200 MA with indecisive indicators. Watching.
July 25 – Trading 18.83. Under 200 again with Stoch RSI trending down and SQZMOM trending down.
BOFI Holdings $BOFI
Jan 9 – $BOFI Very near upside break out in to earnings. On high watch now. I will alert and chart if trade starts.
Dec 7 – Trading 27.76 with Stoch RSI down and MACD up – indecisive.
Nov 12 – Trading 24.61 with poor indicators.
Sept 18 – Trading 26.29 attempting a 200 MA reclaim. Watching.
Aug 9 – Trading 27.75. This gapped up on earnings and may not pullback to MA to test so we are watching close now.
July 25 – Trading 25.30. Testing underside of 200 MA with ER in 2 days. On high watch here now.
US Silica Holdings $SLCA
Jan 9 – $SLCA Will likely start a long position today on this set up. Will alert and chart the trade if so.
Dec 7 – Trading 32.00 under 200 MA with all indicators down. Waiting.
Nov 12 – Trading 35.52 on high alert testing underside of 200 MA here.
Sept 18 – Trading 28.82 with indecision in indicators. Likely up next but watching.
Aug 9 – Trading 25.49 with all indicators down. Watching.
July 25 – Trading 26.95.First support I can see is around 22.80 and ER in 6 days.
$EOG EOG Resources
Jan 9 – $EOG Watching weekly chart – but it seems too far extended – will watch in to earnings.
Dec 7 – trading 98.86 above 200 MA with all indicators trending down. Likely 200 MA test coming. Watching.
Nov 12 – trading 104.58 and extended way above moving averages. Watching for a return and bounce.
Sept 18 – Trading 93.22 and on its way to a 200 MA resistance test. Watching.
Aug 9 – Trading 91.15 under 200 MA and with mixed indicators and MAs. Watching.
July 25 – Trading 93.31. Testing underside of 200 MA with ER in 7 days.
$GREK Global Greece ETF
Jan 9 – $GREK Coming up on 200 MA test on weekly chart with MACD and SQZMOM turned up. Could be a fantastic swing trade setting up here.
Dec 7 – Trading 9.10 under 200 MA with indecisive indicators. Waiting.
Nov 12 – Trading 8.96 and under all MA’s. Only watching for now.
Sept 18 – Trading 9.67 and trending toward a 200 MA support test.
Aug 9 – Trading 10.47 well above 200 MA and trending but under 20 MA and MACD down. Watching.
July 25 – Trading 10.67. Same.
July 16 – Trading 10.74. Same.
$TRCH Torchlight Energy
Jan 9 – Trading 1.26 indecisive but that could change soon.
Dec 7 – Trading 1.12 indecisive.
Nov 12 – Trading 1.24 and indecisive.
Sept 18 – Trading 1.34 and about to test 200 MA resistance.
Aug 9 – Trading 1.33. Same.
July 25 – Trading 1.40. Same.
July 16 – Trading 1.51. Holding. Watching. Original entry 1.50.
July 11 – Trading 1.43 holding.
June 27 – Trading 1.53. Holding 2000 from 1.50. Under 200 MA on weekly so I’m also waiting for that to be taken out.
$NG Nova Gold
Jan 9 – Trading 3.79 and indecisive indicators.
Dec 7 – Trading 3.50 with all indicators trending down. Waiting.
Nov 12 – Trading 4.16 and indecisive.
Sept 18 – Trading 4.14 with weak indicators.
July 25 – Trading 4.40. Same.
July 16 – Trading 4.56. Same.
Email or DM me on Twitter anytime with thoughts or questions!
Cheers!
Curtis
Article Topics; Compound Trading, Swing, Trading, Stock, Picks, $LITE, $CALA, $FSLR, $CELG, $HIIQ, $AMBA, $AAOI, $COTY