Welcome to the Compound Trading Swing Trade Report Tuesday July 3, 2018 (Part A).
In this edition: $NFLX, $AXP, $TAN, $TWLO, $WYNN, $VRX, $ABX, $XME, $GSIT.
Notices:
Good day!
This swing trading report is Part A of one of five in rotation. Part B will be published with 48 hours.
The five reports include approximately one hundred equities that we cover. The equities covered in the reports are divided in to five publications (that may be partitioned in to Part A and Part B) and the reports are then rotated on cycle approximately every five weeks to members of our service. In addition to the regular reports our members receive feature set-up and educational reports as available.
The reports are in the process of upgrades to include 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 set to alarm on our charting for attendees to the live trading room and alerts will flash on screen during live trading room broadcast. 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).
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Newer updates below in red for ease.
Recent Compound Trading Videos and/ or Feature Blog Posts for Swing Traders / Charting Set-Ups:
See You Tube for other recent video posts.
“The Nut Hand” Today’s Huge Oil Trade Win. Exactly How It Was Done. How I Knew & How You Can Too.
How to Swing Trade Like the Pros and Win Most Trades. #swingtrading #freedomtraders
Password: IC Protected: How to Trade Allergan (AGN) Stock Move (Exclusive) $AGN #swingtrading #daytrading #chart
Password: TRADEAAPL Protected: Trading Apple’s Stock Move (Member Exclusive) $AAPL #swingtrading
Password: SWINGDXY, Protected: Trading US Dollar Index (Part 2 – Member Exclusive) $DXY $UUP #USD #SwingTrading #Daytrading
Password: swing Protected: Trade Set-Ups w/ Video #EIA, Oil, $TSLA, $NFLX, $ESPR, $PG, $AAPL, $SPY, $CARA, $EGY, $GERN, $BPT more. #swingtrading
Feature Post with Charting: How to Trade the US Dollar Index Move (Part 1) $DXY $UUP #USD #trading #chart #algorithm https://compoundtrading.com/feature-post-with-charting-how-to-trade-the-us-dollar-index-move-part-1-dxy-uup-usd-trading-chart-algorithm/
Password: SET Protected: Swing Trade Set-Ups (May 15/16 Member Edition) $WTI, #OIL, $BTC, Bitcoin, $AMBA, $AMD, $BLNK, $ITCI,, $SPY, $DIS, $LAC, $BOX, $AAOI more.
Password: AI Protected: How to Trade Pure Storage Earnings in Six Days (Member Edition) $PSTG
Password: WOW Protected: How to Trade Box Earnings Move (Swing Trade Member Exclusive)
Trading Set-ups $FB, $AMBA, $SDTY, $TSLA, $GDX, $SLV, $BTC, $JD, $VIX, $LITE, $CELG, $FSLR more.
Do Not Ignore This Trade Set-Up | $AMBA Swing Trade | 40% ROE 3 Mos (Part 1 of 2)
Password: ELON Protected: How to Trade the Tesla Move | Price Targets | Buy Sell Triggers | Time Cycles $TSLA #swingtrading #daytrading
Password: LONG Protected: Overnight Oil Trade | Trading Plan in Detail | EPIC Oil Algorithm $USOIL $WTI $CL_F #OIL $USO #Alerts
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.
Stock Pick Coverage:
$NFLX – Netflix.
July 3, 2018 – NETFLIX (NFLX) Triggering long in premarket over 400.00 targets 412.00 then 422.00 a key range pivot resistance. $NFLX #swingtrading
May 25 – Netflix swing trade going well. Stochastic RSI is high watch that, more importantly watch MACD and resistance levels charted. $NFLX #swingtrade
$NFLX in to resistance 348.00 area. Trim in to add above to 360.00 area resistance. #swingtrading
https://twitter.com/SwingAlerts_CT/status/999663951192436736
Netflix Is Now Worth More Than Comcast And Is Almost Beating Disney
http://fortune.com/2018/05/23/netflix-worth-more-comcast-record-stock/
Per previous;
April 9 – $NFLX testing 50 MA support, upside quad wall resistance and trading near main chart pivot decision.
Below is an updated and blown up version of the previous chart posted.
With earnings in seven days… the Netflix chart is on the top of my personal watchlist now, and here’s why;
The really interesting thing here is the bull bear fight in play. If you look close you will see the top of the candles the last 3 days hitting the quad wall resistance (gray dotted) and sitting on 50 MA support on this daily chart (50 MA is an important indicator in swing trading) and most interesting is that trade is near the mid quad main pivot area of the chart (gray horizontal line with gray arrow).
What does this mean?
My Netflix trading plan in bull scenario…. Trade above 300.00 and 20 MA (blue) is a long to 313.92 then 315.92 then 328 area.
And for bearish trade scenario… Trade below 285.00 / 290.00 and 50 MA targets 278.33 then 275.50 then 263.29.
More notes on this trade set-up at next chart below also.
Further to my Netflix swing trading plan… it would be ideal to time a turn up in the MACD. The chart below shows that the Stochastic RSI has already curled up and was near bottom (leading indicator typically and the fact it got so close to the bottom is perfect) and the MACD is near the bottom and so is the Squeeze Momentum Indicator (I would expect this to turn next and then the MACD)
I really like this set-up for a long side trade. Hoping price actions proves this trade set-up out here.
$NFLX Stochastic RSI has turned (leading indicator) with MACD near bottom and SQZMOM near bottom.
Netflix News: Tech Stocks Shine As Nasdaq Jumps 2%; Netflix, Alphabet Lead FANG Stocks
$GSIT – GSI Technology.
July 3 – GSI TECH (GSIT) All indicators have gone silent, trading in range of historical gap – indecisive. $GSIT #chart
May 25 – $GSIT trading 7.43 with all indicators and price indecisive. Watching.
GSI Technology Announces Participation in 8th Annual LD Micro Invitational
https://finance.yahoo.com/news/gsi-technology-announces-participation-8th-163239398.html?.tsrc=rss
Per recent;
April 9 – $GSIT at this point is screaming indecisive on all charting indicators reviewed. Wait.
$AXP – American Express
Jul 3 – AMERICAN EXPRESS (AXP) With the 50 MA coming to meet price on the weekly stock chart, will price retrace like it did previous or break out. $AXP. We’re watching.
May 25 – $AXP working on a break of all time highs. I will likely daytrade over 104.00 and wait for a retrace to swing it. MACD is turned up on weekly chart but price is extended above MA’s. It will likely run but how far before a retrace now is at issue in a swing.
How Mastercard’s Second Quarter Could Shake Out
https://marketrealist.com/2018/05/how-mastercards-second-quarter-could-shake-out
April 9 – $AXP riding 200 MA with indecisive indicators and earnings in nine days. Wait.
$ABX – Barrick Gold
July 2 – BARRICK GOLD (ABX) Looks like it will coil under the key pivot until a decision is made. Watching. $ABX #stock #chart
May 25 – Barrick looks like it could turn here with MACD starting to turn and Stoch RSI curled up. On watch over pivot and 50 MA. $ABX #swingtrading
Barrick (ABX) Up 2.2% Since Earnings Report: Can It Continue?
https://finance.yahoo.com/news/barrick-abx-2-2-since-125312749.html?.tsrc=rss
$TAN – INVESCO SOLAR ETF
July 3 – INVESCO SOLAR ETF (TAN) Could turn here for at least a bounce. All indicators turning after sell off. $TAN #trade
May 25 – $TAN over pivot but on a turn down, watch pivot if it fails the 200 MA test is in play. MACD about to turn down. Stoch RSI turned.
Solar-company ETFs gain after California requires new homes to have solar panels
$TAN News: Top 5 Alternative Energy ETFs for 2018 https://www.investopedia.com/etfs/top-alternative-energy-etfs/?partner=YahooSA&yptr=yahoo
$VRX – VALEANT
July 3 – VALEANT (VRX) Time cycle concludes July 9, time to have next trajectory on watch and trade it. $VRX #swingtrading #daytrading
Will trade the new time cycle levels as / when the trajectory takes shape. On high watch now.
May 25 – $VRX trade over 23.17 targets 24.30 and over targets 28.00 July 6 as bullish scenario. But a retrace likely first if up plays out.
I like this one a lot now so it is on high watch. Most probable scenario is a test of mid quad fib at 23.17 and possibly 24.30 and a retrace to near diagonal trendline (quad wall) below and then bounce. But I will be watching close for the mid quad fib resistance test around 23.17.
Cantor Fitzgerald: 18 Drug Companies With Catalysts Worth Watching https://finance.yahoo.com/news/cantor-fitzgerald-18-drug-companies-201029170.html?soc_src=social-sh&soc_trk=tw via @YahooFinance
https://www.tradingview.com/chart/VRX/4n3vc9EW-VRX-trade-over-23-17-targets-24-30-and-over-targets-28-00-July/
April 9 – $VRX is very indecisive here. No trade alert here.
$TWLO – TWILIO
July 3 – TWILIO (TWLO) Pinched between 20 and 50 MA on daily. Will wait for conclusion before forming a trade. $TWLO #chart
May 25 – $TWLO weekly chart structure very aggressive to bull side with Stochastic RSI turn down but it looks like there’s upside yet. Daily chart below the weekly.
When the Stoch RSI and MACD turn back up on daily it is likely a decent long. On watch. #swingtrading $TWLO
Twilio to Present at the 2018 Bank of America Merrill Lynch Global Technology Conference
https://finance.yahoo.com/news/twilio-present-2018-bank-america-201500267.html?.tsrc=rss
$WYNN – WYNN RESORTS
July 3 – WYNN RESORTS (WYNN) MACD still turned down on daily chart, waiting for a turn at this point. $WYNN #chart
May 25 – $WYNN weekly chart says a retrace is soon, this is an opinion however, as there are no clear indications. On watch.
On the daily chart (not show) I will be watching for a pull back to 50 MA and 100 MA for a possible bounce.
Trump, China Trade, Target and Las Vegas Casinos – 5 Things You Must Know
https://www.thestreet.com/markets/5-things-you-must-know-14596890?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
Per recent;
April 9 – $WYNN trade action has turned indecisive also with earnings in sixteen days I will be watching close.
$XME – SPDR S&P Metals and Mining ETF
July 3 – XME is still coiling under that pivot in chart below. Watching.
May 25 – $XME over 38.41 with built up structure is an interesting long possible swing trade. On watch.
$WWR – Westwater Resources (Previously known as $URRE)
May 29 – Trading .40 in downtrend. No action.
April 12 – Trading down trend long term. No action.
Mar 5 – $WWR Trading .79 with indecisive trade action and indicators. Caution.
$RIG
May 29 – $RIG has been selling off on daily and MACD trending down. Will consider on a MACD turn.
Per recent;
April 12 – $RIG This could be $RIG upside run setting up with price above MA’s and MACD trending up. On Watch.
Earnings : Transocean Ltd. Announces First Quarter 2018 Earnings Release Date
GlobeNewswire https://finance.yahoo.com/news/transocean-ltd-announces-first-quarter-210053348.html?.tsrc=rss
$XLE
May 25 – $XLE has been selling off on daily and MACD trending down. Will consider on a MACD turn.
Energy ETFs Plunge as OPEC Looks to Higher Production
https://finance.yahoo.com/news/energy-etfs-plunge-opec-looks-180340726.html?.tsrc=rss
Per recent;
April 12 – $XLE a very tough trade because it has been range bound. Weekly chart about to test 200 MA.
Over the 200 MA on weekly chart with indicators set up right – with also the daily chart set-up and a trade may trigger.
Related news: These energy stocks stand to benefit from U.S. shale’s best—and worst—days. Occidental, EOG, Andeavor among the Goldman picks helped by improved returns and free cash flow https://www.marketwatch.com/Story/these-energy-stocks-stand-to-benefit-from-us-shales-bestand-worstdays-2018-04-12?&siteid=yhoof2&yptr=yahoo
Mar 5 – $XLE trading 66.44 with indecisive to bearish indicators under 200 MA. Caution.
$SLX – Vaneck Vectors Steel
May 25 – $SLX also has been selling off on daily and MACD trending down. Will consider on a MACD turn.
Per recent:
April 12 – $SLX at a historical primary pivot area indicators indecisive and under 20 MA. Range bound slight uptrend. No trade at this time, however, if fundamentals lined up and technical did I would consider.
Related News: Why It’s Time to Be Cautious on Steel, Steel ETFs https://finance.yahoo.com/news/why-time-cautious-steel-steel-160723425.html?.tsrc=rss
$X – United States Steel Corp.
May 29 – $X on a MACD turn up looks interesting as possible long. On watch for a turn.
US Steel Companies Keep Fingers Crossed, Key Deadline Looms
https://marketrealist.com/2018/05/us-steel-companies-keep-fingers-crossed-key-deadline-looms
Per recent;
April 12 – $X MACD trending down on weekly chart. Squeeze momentum trending down also. No trade.
Recent Trade Alerts / Chart Set-Up Posts:
May 29 – I will update this section soon.
$GDX Gold Miners (public alert, not on private Swing Trading Twitter Feed)
1:08 PM – 1 Apr 2018
This, one of the cleanest easiest trades in market. Chart notes. – #GDX chart
This, one of the cleanest easiest trades in market. Chart notes. – #GDX chart https://t.co/tbZte7ikx8
— Melonopoly (@curtmelonopoly) April 1, 2018
11:51 AM – 8 Apr 2018
$GDX 50 MA Test, Structure in Play – One of the Cleanest, Easiest Trades on the Market. See Chart Notes. $NUGT $DUST $JDST $JNUG $GLD #GOLD https://www.tradingview.com/chart/GDX/xqvoPTby-50-MA-Test-Structure-in-Play-Top-10-Easiest-Trades-See-Notes/ …
$GDX 50 MA Test, Structure in Play – One of the Cleanest, Easiest Trades on the Market. See Chart Notes. $NUGT $DUST $JDST $JNUG $GLD #GOLD https://t.co/EX9GrJPGPK pic.twitter.com/uNM4IIwwCY
— Rosie the Gold Algo (@ROSIEtheAlgo) April 8, 2018
$C Citi
2:33 PM – 4 Apr 2018
Citi quad wall & historical support near. 74.46 PT Chart notes. – #C chart
http://www.tradingview.com/chart/C/qRDWOlvu-Citi-quad-wall-historical-support-near-74-46-PT-Chart-notes/ … …
$C Citi at a quad wall and historical support test here. 74.46 June 15 time cycle price target in play. #swingtrading
https://twitter.com/SwingAlerts_CT/status/981600758792642562
11:31 AM – 5 Apr 2018
$C Citi 70.75 HOD puts it up on day 2% from yesterday alert. Watch the 200 MA resistance overhead.
https://twitter.com/SwingAlerts_CT/status/981917242467213313
$SPY SP500
9:40 AM – 28 Mar 2018 (originally on daytrading alert feed copied to Swing Trading alert feed also)
Trading 260.41 intra. $SPY Time cycle peak on this simple model is now. If its going to follow channel up it will be soon that it starts. If not, it could be another channel down yet. https://www.tradingview.com/chart/SPY/IDiDMAVs-SPY-Time-cycle-peak-on-this-simple-model-is-now-If-its-going-t/ …
https://twitter.com/DayAlerts_CT/status/978990333278253056/photo/1
11:28 AM – 5 Apr 2018
$SPY strong trade set-up from recent alerts intra 266.42 with 268.00 resistance on deck.
https://twitter.com/SwingAlerts_CT/status/981916489212100608
$TSLA Tesla
3:11 PM – 4 Apr 2018
$TSLA long confirming here over 280.55 with 304.17 next resistance 382 Nov 15 price target. https://www.tradingview.com/chart/TSLA/dn8THUSe-TSLA-long-confirming-here-over-280-55-with-304-17-next-resistan/ …
https://twitter.com/SwingAlerts_CT/status/981610107770429443
11:23 AM – 5 Apr 2018
$TSLA also blasting here from yesterday’s alert trade hit intra resistance at 299.84 area. Strong set-up.
https://twitter.com/SwingAlerts_CT/status/981915345802973184
$DIS Disney
3:24 PM – 4 Apr 2018
$DIS trading 100.57 has MACD on daily targeting 103.89 110.64 May 30. #swingtrading Other targets noted. https://www.tradingview.com/chart/DIS/241M4TSO-DIS-trading-100-57-has-MACD-on-daily-targeting-103-89-110-64-Ma/ …
https://twitter.com/SwingAlerts_CT/status/981613492896755713
11:22 AM – 5 Apr 2018
$DIS swing trade set-up from swing trading report yesterday blasting here. Nice set-up. Trading 101.81 intra-day.
https://twitter.com/SwingAlerts_CT/status/981914928528416768
$CELG Celgene
5:56 PM – 26 Mar 2018
$CELG hit last price target – targets 95.90 Apr 3. Chart notes. https://www.tradingview.com/chart/CELG/RwZItPb8-CELG-hit-last-price-target-targets-95-90-Apr-3-Chart-notes/ …
https://twitter.com/SwingAlerts_CT/status/978390139201302529
1:21 PM – 8 Apr 2018
$CELG 86s to 91s off alert, buy sell trigger now. Waiting for trade direction triggers. Chart Notes. https://www.tradingview.com/chart/CELG/gdKoFxEq-CELG-86s-to-91s-off-alert-buy-sell-trigger-now-Chart-Notes/
https://twitter.com/SwingAlerts_CT/status/983031984753692672
$FB Facebook
Buy side of $FB has started again in 164 range now… in a snap back long watch 167.50 mid quad resistance very closely.
12:17 PM – 20 Mar 2018
https://twitter.com/SwingAlerts_CT/status/976130671176450051
4:43 PM – 20 Mar 2018
$FB bounced off buy side alert earlier in 164s now trading 168.15 above mid quad support. #snapback #trading #alert
https://twitter.com/SwingAlerts_CT/status/976197473030037504
Email or DM me on Twitter anytime with thoughts or questions!
Cheers!
Curtis
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Article Topics; Compound Trading, Swing, Trading, Stock, Picks, Alerts, $NFLX, $AXP, $TAN, $TWLO, $WYNN, $VRX, $ABX, $XME, $GSIT