Compound Trading Swing Trade Report Thursday July 12, 2018 (Part A).
Swing Trading Stock Picks In this Issue: $AAPL, $AMD, $WMT, $LTBR, $RCL, $JKS, $PCRX, $EWZ, $FEYE and article links to $EQJ $RSX $EZA $EWW 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:
Below is Part A of this report.
This report is 1 of 5 in rotation with our mandate being one report per week on average cycling the five reports that include over one hundred equities every five weeks (approximately).
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 DM myself on Twitter (@curtmelonopoly), visit me on Discord (http://discord.gg/2HRTk6n) and private message me or email me ([email protected]) with specific questions regarding trades you are considering. You can also visit the main trading room at mid-day and ask questions by text in the chat area of the room.
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 / exit or add / trim as required. If nothing else you can always book some coaching time and I’ll assist.
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Newer updates in red for ease.
Recent Compound Trading Videos and/ or Blog Posts for Swing Traders / Charting Set-Ups:
See You Tube for other recent video posts. Listed from most recent.
“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)
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.
Swing Trading Stock Watch List
$AAPL – Apple
July 12 – Decision area continues for Apple trade.
APPLE (AAPL) Continues to rotate around the primary 188.59 pivot, Use the fib lines to trade up or down. #swingtrading
May 29 – There is an exclusive member feature post here that reflects the report below:
Protected: Trading Apple’s Stock Move (Member Exclusive) $AAPL #swingtrading
Password: TRADEAAPL
May 29 – Apple chart support and upside move test on deck with 20 MA coming up to 185.78 support and current trade at 197.90 $AAPL #swingtrading
Apple Real-Time Chart Link:
How to Trade Apple:
Either side of the main buy / sell trigger (pivot) in this range are the important levels to watch. The pivot is 188.61 and the important upside test Fib is at 199.44 and the important support is 185.78 area.
With the 20 MA moving up through the lower support and nearing intra-day trade this could get interesting here. If price loses the 20 MA watch for the support to break. If that breaks at 185.78 then price targets 181.75.
If price trends up with 20 MA then next resistance is the 199.44 and above that is a good upside swing risk reward.to next pivot at 200.66.
It seems with the news below (announcements on June 4, 2018 per CNBC) and how well Apple held up in today’s sell-off that the risk reward is still to the bullish side. But let the test of the upside resistance prove the bull thesis out.
Apple News:
$AAPL Apple will lay out its plans and priorities for the next year on Monday: Here’s what to expect
https://cnb.cx/2L63Bso https://www.cnbc.com/2018/05/29/apple-wwdc-2018-what-to-expect-ios-12-macos-tvos-watchos.html?__source=yahoo%7Cfinance%7Cheadline%7Cstory%7C&par=yahoo&yptr=yahoo
Buy / sell triggers to watch for a swing trade with Apple stock (approximate):
176.62
181.75
185.78
188.61
191.44
194.94
200.66
205.79
209.81
Apple Static Chart:
April 16 – $AAPL Buy sell trigger 152.66 hit, then 164.92 testing 176.62. Over long to PT 188.61 with 181.75 and 185.78 res tests.
Apple has been a fantastic structured wash-out snap back swing trade set-up so far. The big test / major pivot in this trading structure is the upside test at 176.62. Longs should trim in to that and add over to next test at 181.75 and add over and so on.
The other scenario is a retrace to the Fibonacci support at 171.22 and on bounce long. If price does not bounce on a retrace to 171.22 then short in to 167.41 as first target.
Also, MACD on daily is turned up but Stochastic RSI is high and likely to cool lower with price and then watch for bounce.
$AMD Advanced Micro
July 12 – ADVANCED MICRO (AMD) Trading near previous highs struggling to hold up trend channel, trade main triggers. #swingtrading
News: Why AMD Stock Will Rally Before Its Earnings Announcement $AMD https://finance.yahoo.com/news/why-amd-stock-rally-earnings-035823418.html?soc_src=social-sh&soc_trk=tw via @YahooFinance
April 29 – $AMD The close this gets to the key resistance in 14.60s the more short bias I am for a swing trade.
This surprised me since last report (I did some review on this surprise on a number of mid day review videos on YouTube channel).
Anyway, I don’t like the way it trades… it is manipulated by media, sentiment or otherwise and as it gets closer to previous highs overhead soon and near the key resistance in 14.60s I am yet again short bias to $AMD:) We’ll see, but I’ll likely pull the trigger this time.
$WMT – Walmart
WALMART (WMT) Continues down trend with 82.81 buy zone and 91 sell trigger, under 200 MA $WMT #chart
Walmart Buy / Sell Triggers:
124.77
116.23 – tighter time-frame
108.06
99.56 – tighter time-frame
91.20
74.25
Walmart is ‘dead money’ as the Dow stock sits in a bear market, says trader $WMT https://www.cnbc.com/2018/07/11/walmart-is-dead-money-as-the-dow-stock-sits-in-a-bear-market.html?__source=yahoo%7Cfinance%7Cheadline%7Cstory%7C&par=yahoo&yptr=yahoo
May 29 – Wallmart stock continues its soft landing but indicators are flatening. Short side RR diminishing now.
I wouldn’t be surprised if that 82.61 pivot is gained to the upside again and we see a pop to upside resistance points on chart.
If that does not transpire in trade then the 74.54 is the bottom, bottom support in 2018 most probably. I really doubt trade will see 74.54. But keep an open mind and follow price per the chart support and resistance points.
$LTBR – Lightbridge Corp.
July 12 – LIGHTBRIDGE (LTBR) Continues range bound at main support area. Watching. $LTBR #Chart
See chart link below in previous post.
May 29 – Literally watching for the 200 MA not far above to be gained and then watch this for a pop. It has the 50 MA now and I expect the bottom players to step in here soon.
$LTBR has the 50 MA with 200 MA not far overhead. On watch for 200 MA and then boom. #swingtrading
$RCL – Royal Caribbean
Buy sell triggers for $RCL swing trading are as follows:
98.91
115.00
131.09
147.04
163.28
July 12 – ROYAL CARIBBEAN (RCL) Range bound trade, waiting for a direction to swing trade. $RCL #stock #chart
May 29 – $RCL short side risk reward diminishing now and July 23 downside target 98.88 less likely. Trading 105.78.
I’m watching this support test area close now, this should turn up for a swing trade soon. As always follow price.
Royal Caribbean Cruises (RCL) Down 5.5% Since Earnings Report: Can It Rebound? https://finance.yahoo.com/news/royal-caribbean-cruises-rcl-down-072207247.html?.tsrc=rss
April 16 – $RCL Indecisive at this point and trading just under primary pivot resistance on chart. On watch. Buy sell triggers marked with white arrows.
Mar 6 – $RCL trading above 200 MA with targets in play swingtrading in to July 18 2018. #swingtrading
If price holds 200 MA and breaches that diagonal Fibonacci trendline at next quad wall (dotted gray line) near range overhead then at minimum the first upside if not the full extension target upside is possible.
If price turns down at quad wall then it targets the lowest area target to bearish side.
$JKS – Jinko Solar
July 12 – JINKOSOLAR (JKS) Continues under pressure trading 14.20. Watching for a turn. $JKS #Stock #chart
May 29 – $JKS with earnings in 8 days is having trouble breaking range. Above 50 MA possible #swingtrade
April 16 – $JKS MACD on weekly may cross up here for long over 200 MA.
$PCRX – PacIra Pharma
July 12 – PACIRA PHARMA (PCRX) Testing underside of 200 MA for a break up to 42s possible. #swingtrading
May 25 – Trading 35.2 still under pressure and under 200 MA. On watch for over 200 MA for a swing.
April 16 – $PCRX under pressure. Over 200 MA long but on short side there isnt enough RR at this point.
$EWZ – I Shares Brazil ETF
July 12 – ISHARES BRAZIL ETF (EWZ) Trading 33.39 looking for confirmation bounce for run to 38.53. $EWZ #swing #trading #plan
The two downside price targets on the down trend swing trading scenario have been hit, so I’m thinking we may see a turn here soon. On watch really close.
Finding Opportunity in the Global Market Selloff $EWZ $EQJ $RSX $EZA $EWW https://www.barrons.com/articles/japan-stands-out-as-global-markets-falter-not-all-em-headed-for-slower-growth-1531332082
May 29 – $EWZ continued pressure likely until near quad wall diagonal Fib trend line for a bounce. On watch.
$FEYE – Fire Eye Inc.
July 12 – FIREEYE (FEYE) in to price target, other side of time cycle, 17.10 intra 17.64 targets 19.43 19.68 22.35 #swingtrade $FEYE
FireEye Stock Upgraded: What You Need to Know https://finance.yahoo.com/news/fireeye-stock-upgraded-know-153334694.html?soc_src=social-sh&soc_trk=tw via @YahooFinance
May 29 – $FEYE near 50 MA support now. On watch for an upside swing trade if it bounces. #swingtrading
It is also very near key support. This is a significant watch area now for a trade.
April 16 – $FEYE trade went as prescribed in last report – bias long to upside price target 22.32 June 27.Over 19.70 long to 22.32 price target.
$LAC – Lithium Americas Corp
May 30 – Sitting on mid quad support – big test here. Above is long to target and below short. $LAC #swingtrading #chart
Lithium Americas Corp (TSE:LAC): What Are The Future Prospects?
https://finance.yahoo.com/news/lithium-americas-corp-tse-lac-121406216.html?.tsrc=rss
Per recent’
April 22 – $LAC trading 5.59 bounced at quad wall support (blue diagonal line marked with green arrow- important) targets 7.81 Jan 30 2019. If it gets bullish I will chart shorter time frames.
I like the structure of this chart. Will be watching very close.
Also, note 200 MA overhead.
Mar 10 – $LAC trading 6.35, over 6.52 targets 7.21 and 7.77, under targets 5.40 #pricetargets
$IBB – BioTechnology Index Fund
May 30 – $IBB chart on daily above mid quad support and 200 ma targeting upside 112.81 next FIB resistance.
This is a decent set up with a decent risk reward and a decent structured chart. It’s not a great set-up, but decent.
Biotech ETFs Are the Best Way to Play the Recovering Sector https://finance.yahoo.com/news/biotech-etfs-best-way-play-154314422.html?soc_src=social-sh&soc_trk=tw via @YahooFinance
Per recent;
April 22 – $IBB daily chart with targets above pivot decision at 102.46 and below. #swingtrading
Above 102.46 tested targets 122.34 or 142.11 pending trade.
Under 102.46 targets 92.81 or 63.04 pending trade.
Time cycle peak completion Nov 27 2018.
As price proves above or under the main pivot I will alert the trade and chart the shorter time frames.
Mar 10 – $IBB trading 114.36 triggered long at and if holds 113.78 for 118.88 and 124.70.
$AGN – Allergan
May 30 – Really excited for the huge $AGN time cycle conclusion on or about June 4, 2018. Career trade setting up imo. #swingtrading #swingtrading #setups https://www.tradingview.com/chart/AGN/iAaFQ6U5-Really-excited-for-the-huge-AGN-time-cycle-conclusion-on-or-abo/
$AGN Allergan to sell women’s health, infectious disease units https://finance.yahoo.com/m/919ae015-3199-352f-820a-3beef365d573/allergan-to-sell-women%26%2339%3Bs.html?soc_src=social-sh&soc_trk=tw via @YahooFinance
If $AGN holds 147.00 as trade gets on other side of time cycle it should target upper price targets on this model. #swingtrading
Per recent;
April 22 – $AGN I know it’s psychedelic but I think the time cycle is over soon and it reverses. #swingtrading
June 4 165.48 is the first upside target if there is a reversal here. On watch. If we get a reversal near term I will model and alert it for a swing trade.
Mar 10 – Trading 157.28 so the previous post downside worked, however, indicators are now indecisive. Watching.
Jan 30 – $AGN Weekly chart suggests more near term down before things get better.
Dec 18 – $AGN Trading 171.80 premarket indecisive with MACD up Stoch RSI high under MA’s.
Likely a decent bottom side trade with decent risk reward if you want to manage it through the moving averages.
$CTSH – Cognizant Technology
May 30 – $CTSH Bottom line is that I won’t trade it until it dumps the 200 MA again for a bounce on weekly chart. #swingtrading
Cognizant Interactive Among Top of Ad Age’s Agency Report 2018 Rankings https://finance.yahoo.com/news/cognizant-interactive-among-top-ad-100000992.html?.tsrc=rss
April 22 – $CTSH Trading 81.71. Earnings in 14 days and very extended over moving averages on weekly. Watching.
$CTSH – Trading 84.71 still vertical move intact. Enter long, set stop, close eyes and hope or wait for pull back at MA’s for a bounce to long.
$NVO – Novo – Nordisk
May 30 – Best I can do for now with $NVO is watch for chart structure to form on monthly. Not there yet. Price on daily is way below 200 MA and MACD is turned down.
Novo Nordisk’s Oral Ozempic Positive in Diabetes Study https://finance.yahoo.com/news/novo-nordisk-apos-oral-ozempic-122812593.html?.tsrc=rss
April 22 – $NVO trading 47.23 below 200 MA on the weekly. Watching for further downside short.
April 22 – $NVO trading 47.23 looks like a short side trade on monthly to at least 44’s in to 20 MA if not further.
$TSLA – Tesla
May 30 – The technical chart for Tesla (TSLA) is the same set-up as previously posted below.
April 23 – $TSLA trading 290.34. Over 280.00 is long and under 280.00 is a short. We have had some great trading in this one with recent wash-out.
278.00 needed as long side limited entry trigger. Less is short side. Simple on the fly daytrading model. $TSLA https://www.tradingview.com/chart/TSLA/2XQqKq0c-278-00-needed-as-long-side-limited-entry-trigger-Less-is-short/ …
https://twitter.com/SwingAlerts_CT/status/978995397594177537
$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
$TSLA long confirming here over 280.55 with 304.17 next resistance 382 Nov 15 price target..png
$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
$TSLA also blasting here from yesterday’s alert trade hit res at 299.84 area. Strong set-up..png
Mar 10 – $TSLA monthly chart – trade range in triangle model and follow price to up or down target. #swingtrading
$SNAP – SNAP (60 Min Chart vs. Daily because it is a new issue)
May 30 – The SNAP chart is a disaster but it does look like a near term bottom area. Lots of caution of course.
April 23 – $SNAP Just regained 200 MA. Trading 15.20. Over 15.18 targets 15.86, 15.99 then 17.00. Under targets 14.65. #swingtrading
$VGZ – Vista Gold
May 30 – Nothing yet. Trading .704
April 23 – Trading .78. $VGZ holding the 200 MA on weekly and testing 50 MA resistance. Long side advantage, but not great yet.
Mar 10 – Trading .76 under 20, 50, 200 MA’s with MACD trending down on daily – watching.
Jan 30 – $VGZ chart structure is slowly building – on watch now – waiting for structure to form and then I will model it.
NA
Sept 14 – Trading .78 with indicators trending down.
Aug 14 – Trading .79 with indicators post earnings slightly looking positive and price under all MA’s. Watching.
$AAU Almaden Minerals
May 30 – Trading .71 with terrible indicators.
April 23 – $AAU trading .849 with indicators indecisive.
Mar 10 – Trading .85 under all MA’s on daily. Watching.
Jan 30 – $AAU trading .87 is still on a sell signal on weekly chart.
$AMMJ – American Cannabis
May 30 – Trading .976 with flat indicators.
April 23 – $AMMJ trading 1.03 with buy sell triggers (white arrows), targeting Apr 26 .9911 May 24 1,21 (path of least resistance).
Mar 10 – trading .90 with sideways action on chart. Watching.
Jan 30 – $AMMJ Ammerican Cannabis buy sell triggers at white arrows for your swing trade. Triggers and targets have been spot on. #swingtrading #cannabis https://www.tradingview.com/chart/AMMJ/T7F2Rgmg-AMMJ-Ammerican-Cannabis-buy-sell-triggers-at-white-arrows-for-y/
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, $AAPL, $AMD, $WMT, $LTBR, $RCL, $JKS, $PCRX, $EWZ, $FEYE
