Welcome to the Compound Trading Weekly Swing Trading Stocks for the Week of Aug 14, 2017. $TAN, $WYNN, $NFLX, $AXP, $TWLO, $VRX, $GSIT. $ABX, $XME, $URRE, $RIG, $XLE, $SLX, $X, $AKS.
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:
As I wrote in the previous, we just came off a blow-out July swing trading performance so I am hoping we repeat that in August.
This report is 1 of 4 weekly.
We will categorize our coverage soon as we are following more stocks weekly than we expected when we first started the service.
When managing your trades with the weekly 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. I was asked recently why we do not usually (although we do sometimes) include precise entry and exit points. The reason is simple, they don’t work – those services have terrible results.
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 (@curtmelonopoly), visit me on Discord (http://discord.gg/2HRTk6n) or email me ([email protected]) with specific questions regarding trades you are considering for assistance.
It is critical however 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.
Also, as live charts are made available below, click on link and open viewer. Then to use chart yourself click on share button at bottom right (near thumbs up) and then click “make it mine”.
Newer updates below in red for ease.
Recent Compound Trading Videos for Swing Traders / Charting Set-Ups:
Aug 11 Trade Set Ups $SPY, $BTCS, $BTSC, $BITCF, $CALA, $ERGX, $USOIL, $SGMO, $TWLO, $AAOI
Aug 9 Trade Set Ups $BOFI, $ACHN, $AMMJ, $USOIL, $WTI, $GLD, #GOLD, $XIV, $CBLI …
Aug 8 Mid Day Trade Set-Ups $TWLO, $USOIL, #GOLD, $VRAY, $KORS, $OMVS, $BSTG, $XXII, $ESPR.
Profit and Loss Statements:
Q2 2017 Swing Trading Results are available here: P/L Realized Gains: $99,452.00 Percentage Portfolio Gain 105.74% (~35% per month).
July 2017 Trading Challenge P/L Report $NFLX, $XIV, $AAOI, $AKCA, $BWA, $SRG, $MCRB, $UGLD, $IPXL, $HIIQ and more
Stock Pick Coverage:
$NFLX
Aug 18 – Trading 166.10. Indicators all pointing down and sitting on natural support. Waiting for indicators to turn.
Aug 7 – Trading 180.46 after its post earning’s break out. MACD turned down and will wait for it and other indicators to turn up before considering an entry.
July 24 – Closed premarket 188.40 from 158.20. Will watch for a re-enter pending some ER considerations early this week. Sentiment is pensive imo. Could go either way in market – generally speaking.
July 12 – Trading 158.20. Will watch here over its 50 ma and if 20 ma is about to breach 50 with price above and other indicators line up I will alert an add.
July 5 – Trading 146.17. Long from 159.35 200 shares on the 26th of June. Unfortunately thats where it turned down and now MACD is near bottom. 200 MA however is at 135.35 and that is possible. Understand that when I take an entry it is normally no more than 1/5 sizing until a trade proves itself out so I can usually take the down draft if required.
June 26 – Trading 158.33.
$NFLX pull back may be over MACD could cross up with SQZMOM and Stoch RSI trend up.On watch and I may take a long entry in premarket today.
$NFLX pull back may be over MACD could cross up with SQZMOM and Stoch RSI trend up.
June 18 – Trading 152.38. $NFLX They say exit timing is as important or more so than the entry. That worked. #swingtrading All indicators trending down now so will wait on the MACD on daily before considering a long position.
$NFLX They say exit timing is as important or more so than the entry. That worked. #swingtrading
June 8 – $NFLX Opened long 148.40 closing in premarket 165.88 range #swingtrading
$NFLX Opened long 148.40 closing in premarket 165.88 range #swingtrading
June 6 – Trading 165.06 from 148.40 entry. All indicators pointing up on weekly and daily but we will likely roll out of this long soon.
May 31 – Trading 163.20. 148.40 entry. Stop set at 158.00 now. If price tests 20 MA on daily but doesn’t take out stop I will add and alert live.
$NFLX swing trade going wll. Trading 163.20 premarket from 148.40 entry. #swingtrading
https://www.tradingview.com/chart/NFLX/GXeXSXUo-NFLX-swing-trade-going-well-Trading-163-20-premarket-fr-148-40/
May 23 – Trading 157.32. Stop set at 153.10 to protect equity. Holding otherwise. MACD turned down on daily and may add if it turns up.
May 17 – $NFLX Swing trade going well. Trading 158.50 from 148.40 entry. SQZMOM may turn down as with MACD and Stoch RSI truned down may exit soon and re-enter when indicators turn back up.
$NFLX Swing trade going well. Trading 158.50 from 148.80 entry. SQZMOM may turn down as with MACD and Stoch RSI truned down may exit soon.
May 9 – $NFLX Swing trade going well. Long at 148.40 trading 156.08. SQZMOM and MACD trending but Stoch RSI may cool soon, vol decent. Will add per below.
$NFLX Live Chart https://www.tradingview.com/chart/NFLX/rjcjiVBz-NFLX-Swing-trade-going-well-Long-at-148-40-trading-156-08-SQ/
https://www.tradingview.com/chart/NFLX/rjcjiVBz-NFLX-Swing-trade-going-well-Long-at-148-40-trading-156-08-SQ/
May 3 – April 25 148.40 Long 500 shares April 25 when MACD turned up per below. Trading 156.28. MACD trending up, SQZMOM trending up and Stoch RSI at top and may come off short term – so a short term turn down is possible here. Will likely re-add when STOCH RSI comes off and turns back up as long as MACD is trending up still and has room to top.
April 24 – Trading 142.87. Watching.
April 19 – Trading 143.75 – waiting for MACD to turn up.
April 10 – We closed flat 145.50. Trading 142.80. Waiting for MACD, Stoch RSI, SQZMOM to turn green for entry long.
April 4 – March 29 we entered 145.50 500 shares when MACD turned up per watch trigger below. Stop is at flat at entry and we will re-enter if we have to. Will look at adding pending triggers – will advise.
$NFLX Live chart with indicators https://www.tradingview.com/chart/NFLX/ozKJQ8t4-NFLX-March-29-we-entered-swing-trade-145-50-when-MACD-turned-t/
$NFLX March 29 we entered swing trade 145.50 when MACD turned, trading 146.82, stop at flat and re-enter if we have to. #swingtrading pic.twitter.com/DI8fiL6nsv
— Curtis Melonopoly (@curtmelonopoly) April 4, 2017
March 27 – MACD has been flat or turned down since last post. Looking close at MACD turn up and entry this week.
March 20 – The only thing that concerns me is the price staying above approximately 145.05 as a low on any given day. I may also look for that in addition to indicators lists below. Same thing with this one, exit when MACD turning down. Chances are high I will enter long early week.
Live $NFLX Chart – https://www.tradingview.com/chart/NFLX/4RQP5P9P-NFLX-Daily-abover-20-MA-Stoch-RSI-Revved-MACD-turning-up-SQZMOM/
$NFLX Daily abover 20 MA Stoch RSI Revved MACD turning up SQZMOM watch close for green. Long on MACD and QZMOM confirmation.
$GSIT
Aug 18 – Trading 6.26 with all indicators trending down. Waiting on indicator turn for possible long.
Aug 7 – Trading 7.12 and sitting right on 200 MA with MACD trend down and other indicators poor. Waiting.
$AXP – American Express
Aug 18 – Trading 86.75 with indicators indecisive. Watching.
Aug 7 – Trading 85.77. Trading in trend above ma’s with MACD trending down. Will wait on MACD turn and assess at that time.
July 24 – Trading 85.59.
July 14 – Trading 85.33. Earnings in 5 days. On high watch for after earnings.
July 5 – Trading 85.10. Trading in 52 week break out straight price action with no end in site so I can’t justify an entry, however, if I was managing trades on a minute by minute basis these are good to try and keep a short leash on. Anyway, waiting for a pullback to assess.
June 26 – Trading 82.22. Indicators are starting to cool a bit on daily – waiting for a pull back turn.
June 18 – $AXP Testing 52 week highs near break out stoch RSI peaking MACD trend up and SQZMOM trend up. Bullish. This is a break out play and I may enter a 1/5 size and add at pull back. Watching the 20 MA breaching 50 and 100 ma’s and vol spike. Very bullish.
$AXP Testing 52 week highs near break out stoch RSI peaking MACD trend up and SQZMOM trend up. Bullish.
June 9 – $AXP SQZMOM green MACD up Stoch RSI high Waiting on MA’s to sort out with price above. Vol up. On High Watch.
$AXP SQZMOM green MACD up Stoch RSI high Waiting on MA’s to sort out with price above. Vol up.
May 31 – Trading 77.05. Same.
May 23 – Watching. Indicators indecisive.
May 17 – Trading 78. Sitting on 200 MA on weekly. On daily price is under 20 and 50 MA with MACD turned down. Watching.
May 9 – Trading 78.27. Closed 78.74 May 4 when MACD crossed down from 78.01 long. We still like this stock so we are watching close for indicators to turn back up.
May 3 – Trading 79.54. Holding long while MACD trends up and price above entry and 20 MA is above 50 MA. Stoch RSI is coming off so we expect some downward pressure short term.
April 24 – Trading 79.63. Long 78.01 500 shares April 20 when MACD turned up. Watching for MACD, Stoch RSI to remain, and SQZMOM to turn green for possible add.
$AXP Swing Trade Going Well. MACD turned up for long 78.01 test.
April 19 – Trading 75.50. MACD getting close to bottom. On watch for MACD cross up.
April 10 – Trading 77.77. Waiting on Stoch RSI to curl up, MACD to cross up and SQZMOM to turn green for long.
April 4 – $AXP American Express. So close. SQZMOM about to turn, MACD cross on deck just need PTPTRR to line up. Need volume & power. #swingtrading $AXP Price Trigger Power Trade Risk Reward – PTPTRR #trading Over the Wall!
$AXP American Express. So close. SQZMOM about to turn, MACD cross on deck just need PTPTRR to all line up. Need volume and power. #swingtrading
March 27 – MACD has turned down and SQZMOM is red and negative but Stoch RSI is starting to curl – waiting for that MACD to take an entry.
March 20 – This is a trend play. The only thing you have to do is manage your entry point and risk. Wait for indicators to confirm next leg up about to start and take long entry. When MACD turns down on daily that is your exit. I really like this one, especially because MA’s are all on right side (aligned) and trend reversal is in place.
$AXP Setting up for next possible leg up. Wait for MACD SQZMOM Stoch RSI to turn up. Will likely test near 100 MA at min 50MA.
$AXP Setting up for next possible leg up. Wait for MACD SQZMOM Stoch RSI to turn up. Will likely test near 100MA at min 50MA.
$ABX – Barrick Gold
Aug 18 – Trading 17.06 with indicators indecisive. Watching.
Aug 7 – Trading 16.64. Same.
$TAN
Aug 18 – Trading 21.24 with indicators trending down. Waiting on a turn.
Aug 7 – Trading 21.83. Break-out may be slowing. MACD, Stoch RSI and SQZMOM trending down. Will wait on pullback to an MA that it bounces off with MACD turn and assess.
$VRX
Aug 18 – Trading 14.40 and indicators look to be close to turning up. On Watch.
Aug 7 – Trading 15.13. Earnings in 1 day. Waiting.
$TWLO
Aug 18 – Trading 30.20 with indicators indecisive. Watching.
Aug 7 – Trading 29.20. Under 200 MA and 20 MA with MACD trending down. Will wait for MACD to turn up before considering a long position.
July 25 – Trading 30.99 testing 200 MA from underside with ER in 23 days. Very interesting set-up developing here now. On Watch.
July 14 – Trading 28.16 and 200 MA is getting near overhead so it could be ready sometime moderately soon.
July 5 – Trading 28.97. Now indicators pointing down. Not an easy stock to read. Watching.
June 26 – Trading 30.00 in premarket. All indicators are turned up but I just don’t trust the chart without historical. The alert below on June 9 turned out positive I just couldn’t execute.
June 18 – Trading 26.87 With MACD on daily turned up and testing natural resistance. Turns out per below it was a decent short term long. Unsure.
June 9 – Trading 25.49 The indicators on the 60 min say you could go long with a decently strong thesis (not enough chart history for Daily or Weekly chart), however, considering the short history price action I will wait – I think it is accumulating and the chart possibly repairing.
May 31 – Trading 24.48. Watching.
May 23 – Trading 25.00. Watching for bottom bounce to form. MACD up on daily right now.
May 17 – Trading 24.53. Waiting on MACD turn cross up on daily before anything.
May 9 – Trading 23.50. See below. Not ready.
May 3 – Trading 23.70. Closed 33.57 1000 shares before earnings on a 29.60 buy. Never hold through earnings unless you are unusually confident (yes we did recently with $GOOGL and $AMZN but very unusual for us to do that). Anyway, watching now. Downdraft was intense from forward guidance.
April 24 – Trading 30.82. Holding 1000 shares 29.60.
April 19 – Trading 30.51. April 12 MACD turned up opened long 29.60 1000 shares.
$TWLO Swing Trade going well. Trading 30.51. April 12 MACD turned up opened long 29.60 tight stop.
April 10 – Trading 28.40. Stoch RSI curling up, waiting on MACD cross and SQZMOM to turn green for long.
April 4 – No change.
March 27 – Price failed when it had to poke through 100 MA and continue – it failed and is on its way (possibly) to the previous low. So here, as with $VRX we employ patience – but get ready because the long in this one will be decent. Use the indicators noted below.
March 20 – Looks like bottom may be in. It is trending up. Looking for 100 MA to cross down under 20 MA (pinching now) and price to trade above 20 MA for long. Be sure to wait for MACD to confirm also first.
$TWLO Bottom Play on Watch. 100 MA needs to cross 20 MA with price over them. Stoch RSI pinch, MACD pinch, SQMOM turning up not green.
$TWLO Bottom Play on Watch. 100 MA needs to cross 20 MA with price over them. Stoch RSI pinch, MACD pinch, SQMOM turning up not green.
$WYNN
Aug 18 – Trading 134.70. Indicators trending up with price near previous high break-out. On watch for break-out.
$WYNN Trading 134.70. Indicators trending up with price near previous high break-out. On watch for break-out.
Aug 7 – Trading 127.60. MACD trending down. Watching.
July 25 – Trading 138.53 testing highs. Looks like it’s going to break higher (high probability anyway). On watch now for confirmation and power.
July 5 – Trading 131.01. Indicators all pointing down. Waiting for a turn to assess.
June 26 – Trading 138.30. $WYNN just got its 200 MA on weekly. Stoch RSI on weekly is crossed down with other indicators a buy. Will wait for Stoch RSI to cross up before assessing a long.
June 9 – Trading 134.73. MACD turned up on 7th and it got the pop we were thinking would come. Watching for follow through and possible long today. On high watch also.
May 31 – Trading 126.30 Watching for MACD to turn up.
May 23 – Trading 125.11. Watching for set up.
May 17 – Trading 126.91 coming up on underside of 200 MA test on weekly. MACD on daily is about to cross up. Will wait for MACD on daily and assess.
May 9 – Stopped flat on May 5, 2017. Watching SQZMOM, Stoch RSI, MACD, volume indicators now for a turn.
May 3 – Trading 125.55. Long 122.56 April 25 when MACD turned up (per below) and watching for continuation in MACD and price. Will exit if MACD turns down or price hits our entry. We may even add. It looks good.
April 24 – Trading 114.89. Watching.
April 19 – Trading 115.95. MACD trending down. Waiting for bottom and turn up. It has a ways to go.
April 10 – Closed 500 shares Friday 117.20. Trading 116.50. Watching MACD, Stoch RSI, SQZMOM for reset at bottom and turn for re-entry.
April 4 – We triggered a stop at flat March 27 and had a re-entry at 111.04 when we looked at it again for 500 shares. Currently trading at 116.00 and we are watching MACD. Which is currently at top. We may exit as MACD turns down and re-enter when MACD turns back up. Alternatively we may ride the MACD turn down as long as our original entry isn’t triggered as stop and when MACD turns back up add to position. Both are valid and we are undecided.
March 26 – We took a long position at 110.93 for 500 share start on March 21. HOWEVER, we have a stop at our entry price (due to current market sentiment) and it is currently trading at 111.92. Careful with this one.
March 20 – This isn’t easy to swing but is so hot it would be foolish to ignore, so discipline like with so many other plays in the current market is required. Seeing it hold 110.00 for a full day with indicators in line would put me in a long position.
$WYNN 200 MA needs to cross 100 MA, trade over 110 full day. Stoch RSI peaking, MACD up, SQMOM up.
$WYNN 200 MA needs to cross 100 MA, trade over 110 full day. Stoch RSI peaking, MACD up, SQMOM up.
$XME
Aug 18 – Trading 29.84 with indicators trending down. Watching.
Aug 7 – Trading 30.54. Testing 200 MA support with MACD trending down. Will wait for MACD to turn up.
$URRE
Aug 18 – Trading 1.32 with indicators trending down. Watching.
Aug 7 – Trading 1.36 with earnings in 3 days. Same.
$RIG
Aug 18 – Trading 7.28 with all indicators trending down. Watching.
Aug 7 – Trading 9.12 on earnings surprise above 20 and 50 MA’s and under 200 and 100 MA’s. MACD trending up. Waiting for a 200 MA test.
$XLE
Aug 18 – Trading 62.01 with all indicators trending down. Watching.
Aug 7 – Trading 65.64. Watching for indicators to become positive.
$SLX – Vaneck Vectors Steel
Aug 18 – Trading 39.76 with indicators trending down. Watching.
Aug 7 – Trading 40.82. Above 200 MA with MACD trending down. Indecisive at best. Watching.
$X – United States Steel Corp.
Aug 18 – Trading 23.78. Indecisive. Watching.
Aug 7 – Trading 23.87 Same.
$AKS – Iron Steel Mills Foundry
Aug 18 – Trading 5.29 with indecisive indicators. Watching.
Aug 7 – Trading 5.44 post earnings with MACD trending down. Waiting.
July 25 – Trading 6.03 Same.
July 5 – Trading 6.38 same. Watching.
June 27 – Trading 6.55 Indicators are improving but price still under 200 ma so I will watch.
June 18 – Trading 5.99 Waiting on MACD on weekly to cross up.
May 31 – Trading 6.21 Watching.
May 23 – Same
May 17 – Watching.
May 9 – As with $X above.
May 4 – Trading 6.21 Watching.
April 24 – Trading 6.72. On close watch. MACD pinching up.
April 19 – Trading 6.40. Closed 6.97 fr loss April 11 when it lost 200 MA. On watch again.
April 10 – Long 7.30 April 7 1000 shares. MACD just turned up but SQZMOM is not green yet. 1/3 size entry with other 2/3 entry when SQZMOM turns green with other indicators confirming.
$AKS Live Chart – https://www.tradingview.com/chart/AKS/BbzvqPhJ-AKS-Swing-trade-position-long-April-7-swingtrading-stock-pic/
$AKS Swing trade position long April 7 #swingtrading #stock #picks
April 5 – Sitting right on 200 MA now. Watching for 200 MA to hold, MACD to turn up, SQZMOM to green.
March 27 – AKS is coming in on the 200 MA test. Watching.
March 20 – MACD is turning up now, watching for price to trade above 20, 50, 100 that are clustered together. It is well over 200 MA.
Email or DM me on Twitter anytime with thoughts or questions!
Cheers!
Curtis
Article Topics; $TAN, $WYNN, $NFLX, $AXP, $TWLO, $VRX, $GSIT. $ABX, $XME, $URRE, $RIG, $XLE, $SLX, $X, $AKS, Compound Trading, Swing, Trading, Stock, Picks