Welcome to the Compound Trading Swing Trading Stock Report Friday May 18, 2018 (Part B).
In this edition: $FB, $BABA, $EXK, $BA, $LIT, $BWA 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. The goal is to publish each in rotation approximately every 30 – 40 days (pending market conditions). We currently have approximately one hundred equities we cover regularly on our swing trading service.
This is Part B of this report.
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 (highly recommended if you are not trading green yet). If interested in coaching options email me [email protected].
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Newer updates below 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.
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
Trade Set-ups $SPY, $NFLX, OIL, $WTI, $ESPR, $GOOGL, Bitcoin, $BTC, $FEYE, $AAPL and more.
Trading Set-Ups $SPY, Gold, $GC_F, $GDX, Bitcoin, $GOOGL, $EVLV, $HEAR, $CHEK, $MARA, $PRTA, $ZDGE
Trading Set-Ups $NETE, $TSG, $ETH Ethereum, $BTC Bitcoin, $TAN, $HEAR, $AMMJ, $SNAP, $VLRX
Trade Set-Ups OIL, $WTI, $SPY, $GOOGL, $FSLR, $AXP, $GREK, $CELG, $AAOI, $SDRL, $WFT
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
$C – CitiGroup
May 15 – CITI bought consistently at historical support noted previous. MACD trend up. Resistance above. Riding 200 MA. $C
This is an interesting set-up. I’m slightly bullish but it has to gain the mid quad resistance above at 74.00 and then long side entries can start as long as indicators are cooperating..
Closed Tuesday 72.68 with next support below at 70.45 and currently riding 200 MA.
Trade above 74.00 has resistance above at 76.71.
Recent article on Investopedia Citigroup’s Stock May Rebound by 10%
April 4 – Citi quad wall & historical support near. 74.46 PT Chart notes. – #C chart
$C Citi at a quad wall and historical support test here. 74.46 June 15 time cycle price target in play. #swingtrading
The trading area quad wall test (blue dotted diagonal line) is real. It could hold. If not it is down to lower target most likely.
But if it holds the path of least resistance is June 15 price cycle peak price target at 74.46.
Also of note the historical pivot / support is the horizontal white dotted line.
Huge risk reward advantage here for bull side trade.
HOWEVER, the 200 MA on daily has been lost so watch that as significant upside resistance test if price gets upward momentum.
AND, the MACD on daily is not crossed up as of yet.
There is a special report out to members on CitiGroup swing trading set-up here. Password: CITISWING
$AKTX – Akari Therapeutics
May 16 – Trading 1.92 and trade has been flat since last report. Will watch. No set-up now.
April 4 – Watching $AKTX quad wall support test VERY CLOSE here. Upside May 16 price target is near double.
With this chart set-up all they need is some PR news and it will go in my opinion.
Stochastic RSI on daily recently turned up but MACD is flat and SQZMOM trending down. Would be prudent to have all 3 turned up for a long.
$AKTX Buy / Sell Triggers:
Near trade buy triggers (Fibonacci support / resistance):
2.09
2.63
2.86
3.12
Significant upside resistance support areas:
4.105 is the 200 MA
4.90
5.42
8.80
9.21
9.52
10.62
11.91
12.19
14.11
Akari Therapeutics Announces Fourth Quarter and Full Year 2017 Financial Results and Highlights Recent Clinical Progress
https://finance.yahoo.com/news/akari-therapeutics-announces-fourth-quarter-110000635.html?.tsrc=rss
Mar 1 – $AKTX Daily chart – price slumping in to time price cycle expiry at lower quad target.
$AKTX High probability of bounce off a Fib area soon in to time cycle target noted.
$DIS – Disney
May 16 – Same targets in play from April 4 review on Disney. Here’s a recent chart link;
Jim Cramer and technician Tim Collins take a close look at Disney’s stock chart to unpack a worrisome pattern.
Disney’s chart flashed the scariest pattern, but the stoc…
Disney almost at May 30 target now that is in the 103.80 area. $DIS
April 4 – $DIS trading 100.57 has MACD on daily targeting 103.89 110.64 May 30. #swingtrading Other targets noted.
Watch the 200 MA overhead as main resistance test on the way there.
2 Great Stocks You Can Buy and Hold Forever https://finance.yahoo.com/news/2-great-stocks-buy-hold-132100523.html?.tsrc=rss
Mar 1 – $DIS Stoch RSI turned down under 200 MA under mid quad bearish to targets.
This looks like a short to either target (follow price) if price stays under mid quad and 200 MA. It has been predictabiy hitting target areas.
$DIS News: Sky Is the Limit in Battle for Sky
$PSTG – Pure Storage
May 16 – How to Trade Pure Storage Earnings in 6 days $PSTG #swingtrading
There is a member post here also;
Protected: How to Trade Pure Storage Earnings in Six Days (Member Edition) $PSTG
Password: AI
PSTG closed 23.01 Tuesday with earnings in six days.
Important trade support is at 22.50 area (gray horizontal line) also marked with a white arrow.
White arrows are the most important buy sell triggers on the chart.
Above 22.50 (give it some room) it is a long to next resistance 24.00 area (horizontal lines on chart are resistance / support lines depending on what side of the line trade is on). Next on upside is 24.14 and then 25.12, then 25.44 and 25.91 area.
Under 22.50 area it targets support at 21.14 and then 21.00 then 20.03 and 19.71.
Price targets on model to bullish side are 25.91 and really bullish 29.19 Oct 1 2018. Trade toward target with price action using support and resistance points.
Downside scenario has 19.23 and 15.92 (most bearish) price targets Oct 1 2018.
May 14 Article:
Pure Storage Clears Data Bottlenecks On Road To Artificial Intelligence https://www.investors.com/research/the-new-america/pure-storage-artificial-intelligence/?src=A00220&yptr=yahoo
April 4 – $PSTG indecisive trade but MACD on daily may turn up here. Long over 50 MA.
Why You Should Retain Pure Storage in Your Portfolio Now https://finance.yahoo.com/news/why-retain-pure-storage-portfolio-130101121.html?.tsrc=rss
$DXY US Dollar Index $UUP
May 16 – Path of least resistance of US Dollar on weekly chart is 200 MA at 94.80 area. $DXY
SQZMOM has also turned green. Watching for continuation here.
April 4 – $DXY US Dollar sideways range bound trading.
$XAUUSD #Gold $GLD $UGLD $DGLD
May 16 – Gold. Monthly. $XAUUSD $GC_F $GLD $NUGT $DUST $JDST $JNUG #Gold
https://www.tradingview.com/chart/XAUUSD/SDRxRcdD-Gold-Monthly-XAUUSD-GC-F-GLD-NUGT-DUST-JDST-JNUG-Gold/
Gold monthly chart.
April 4 – Gold in a long drawn out range bound decision that should conclude soon. $XAUUSD #Gold $GLD $GC_F
No bias to conclusion as of yet.
$MXIM – MAXIM Integrated Products
May 16 – $MXIM over 20 MA on weekly is a long to 61.38 area. Pivots noted on chart.
Maxim Integrated’s Automotive Business Makes It a Buy https://finance.yahoo.com/news/maxim-integrated-automotive-business-makes-220500817.html?.tsrc=rss
April 7 – $MXIM under 55.94 short side looks great. MACD turn. See Chart notes. #swingtrading
Mar 1 – $MXIM trade between the horizontal support and resistance lines.
$ATHM – AutoHome
May 16 – Next resistance on $ATHM 110.38 – 110.43 on weekly chart model. Not much to report, it’s a long timed as best as you can and trim in to each resistance. Or wait for it to cool and then long it.
Autohome Quarterly Earnings Beat Estimates, Guides Higher https://finance.yahoo.com/m/8b2f7f27-3393-319d-80b9-4373aa52d5a8/autohome-quarterly-earnings.html?.tsrc=rss
If it comes off here it has support at 100.85 for a long side bounce test.
https://www.tradingview.com/chart/ATHM/TZltfarE-Next-resistance-on-ATHM-110-43/
April 8 – $ATHM range bound trade in upper resistance area for some time. Looking for upside break or dump. Also of note, the Stochastic RSI is curling up here so the upside break could be soon but yet to be seen. No trade yet.
News: Why Autohome ($ATHM) Could Shock the Market Soon https://finance.yahoo.com/news/why-autohome-athm-could-shock-125412269.html?soc_src=social-sh&soc_trk=tw
$BWA – BorgWarner
May 18 – $BWA MACD trending up with Stoch RSI high, price target July 19 52.75 bullish 58.11 bearish 50.63. #swingtrading
Prefer for the Stoch RSI to be at bottom curling up for a long. Really nice action between buy sell triggers last while – wish I had caught these trades. Nonetheless, I have the triggers alarmed now. The range on this trading is excellent and the buy sell triggers are working great.
A move to the bullish upside target of 58.11 for July 19 would be excellent. Will let the chart tell the story.
Free Post Earnings Research Report: BorgWarner’s Sales Jumped 15.7%; EPS Surged 21% https://finance.yahoo.com/news/free-post-earnings-research-report-113000439.html?.tsrc=rss
April 8 – $BWA structural trading upside quad test breaks targets 54.32 July 19. 50.56 46.68 if fail. MACD up. Stoch RSI short term sell.
Long at quad wall (blue diagonal dotted line) and short at top of quad until either breaks and go in direction of trade to next target.
On high watch here for me. Very, very nice structure.
Mar 1 – $BWA Under serious pressure with DOW slump and on 200 MA on Daily. Likely down further.
$BWA on weekly watching for possible bounce at 50 or 200 MA but MACD turned down.
News on BorgWarber (BWA)
BorgWarner Inc. (BWA) has an Earnings ESP of +0.47% and a Zacks Rank #3.
Headquartered in Auburn Hills, MI, BorgWarner is a leading manufacturer of powertrain products for major automakers. The company is expected to report fourth-quarter 2017 results on Feb 8.
BorgWarner supports initial launch of world’s first series-produced all-electric light-duty truck
BorgWarner, a global leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, supplies its HVH250 electric motor and eGearDrive® transmission for the initial launch of the FUSO eCanter truck, the world’s first series-produced all-electric light-duty truck.
Are Options Traders Betting on a Big Move in BorgWarner (BWA) Stock?
Clearly, options traders are pricing in a big move for BorgWarner, but what is the fundamental picture for the company? Currently, BorgWarner is a Zacks Rank #2 (Buy) in the Automotive – Original Equipment industry that ranks in the Top 40% of our Zacks Industry Rank. Over the last 60 days, two analysts have increased their earnings estimates for the current quarter, while none has dropped them.
$LIT – Global Lithium
May 18 – $LIT I like on the weekly chart. Over 20 and 50 MA with MACD crossed up, Stoch RSI up, SQZMOM up is a long imo. #swingtrading
April 8 – $LIT Short side RR is low here and long to risky until Stoch RSI and MACD cross up.
$BA – Boeing
May 18 – $BA on the daily chart the indicators look okay but on weekly I will wait for MACD to turn up before considering a trade.
April 8 – $BA great long trade since alerted near a year ago but now MACD turning down. Short side bias. Will alert.
Mar 1 – Trading 262.21 with indecisive indicators. Watching.
Jan 23 – $BA Boeing trading 338.00 with Stoch RSI turned down, MACD and SQZMOM extended. Assess when Stoch RSI curls up.
Nov 14 – Trading 262.28 and all indicators in my opinion are extended / tired to bull side. I may be wrong, but I don’t see any great risk reward thesis available to long or short side right now.
$EXK – EXK Silver Mining
May 18 – $EXK Price has to be over 100 MA on weekly chart and Stochastic RSI turned up before I consider a long side swing trade.
5 Shining Silver Stocks to Buy Today https://finance.yahoo.com/news/5-shining-silver-stocks-buy-182123954.html?.tsrc=rss
April 8 – $EXK in compression mode between 20 MA and 50 MA. Watching.
$BABA – Alibaba
May 18 – This daily chart for shorts looks dangerous. When that Stoch RSI turns back up it’s likely over for the shorts $BABA
On HIGH WATCH for a long side trade if that Stoch RSI turns back and the indicators look favorable at the time.
$BABA Alibaba Group Holding Ltd Is Itching for a Breakout #swingtrading https://finance.yahoo.com/news/alibaba-group-holding-ltd-itching-171351920.html?.tsrc=rss https://twitter.com/swingtrading_ct/status/997325029087105025
$BABA Alibaba Group Holding Ltd Is Itching for a Breakout #swingtrading https://t.co/fSNaycTVOi
— Swing Trading (@swingtrading_ct) May 18, 2018
April 8 – $BABA is short side bias but Stoch RSI likely turns soon for a pop and 200 MA test and likely short there.
April 8 – $BABA 50 MA on weekly is a likely temporary bounce and then likely down. #swingtrading
$FB Facebook
May 18 – As of today, we are adding regular rotation coverage to the Facebook stock.
This special swing trading report was published to our blog on April 11, 2018: $FB Facebook Long Set-Up Testing Buy Sell Trigger #swingtrading (Public Edition) https://compoundtrading.com/fb-facebook-long-set-testing-buy-sell-trigger-swingtrading-public-edition/
$FB Facebook Long Set-Up Testing Buy Sell Trigger Now #swingtrading (Public Edition) https://t.co/BOTYihemqe
— Swing Trading (@swingtrading_ct) April 11, 2018
#FB Facebook move has been… exceptional trading opportunity. #washout #snapback #trading #swingtrading pic.twitter.com/s5abkE7vkg
— Melonopoly (@curtmelonopoly) May 18, 2018
Since the May 11 article we have successfully traded the wash-out snap-back swing trade in $FB. First part of the move here.
$FB has now retraced to near mid quad support price target 181.72 for May 18. New price targets for June 4 time cycle on chart.
June 4 bullish price target is 196.00, sideways chop target 181.72 and bearish is 167.54.
Main support in this trading structure is 181.72. Under that the next support is at 178.29. Above you have resistance at 184.89, 189.10, 189.60.
Recent Trade Alerts / Chart Set-Up Posts:
The recent trade alerts will be updated 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, $FB, $BABA, $EXK, $BA, $LIT, $BWA