Welcome to the Compound Trading Swing Trade Report for Monday, April 16, 2018 (Part A). Swing Trading Stock Picks; $AAPL, $AMD, $WMT, $LTBR, $RCL, $JKS, $EWZ, $FEYE, $PCRX 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 post. Part B is to follow.
This report is 1 of 5 in rotation.
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.
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 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.
$FB Facebook Long Set-Up Testing Buy Sell Trigger
Twitter Trading Plan $TWTR (Part two)
#SwingTrading Midday Review – Compound Trading: $LTBR, $ANF, $MOMO, $APTO, $USOIL, $WTI, $BA, $NFLX
No Crystal Ball? Watch this… EPIC Oil Algorithm #EIA $USOIL $WTI #OIL $USO $CL_F #OOTT #Algo
#SwingTrading Midday Review: $NFLX $BTCUSD $SPY $VCEL $COT $DXY #GOLD $GLD $SLV $USOIL $WTI
#SwingTrading Midday Review: $BZUN $SPY $COT $AMRC
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
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.
Mar 6 – $AAPL Price a magnet to the major pivot support resistance 176.67 – decision up or down in play. Go with price. #swingtrading
Jan 30 – $AAPL Apple trading buy sell triggers I am watching for earnings. #swingtrading #earnings
Earnings bullish scenario – 164.59 area is a buy long if it holds after earnings for a first target of 176.56 and then 188.67.
Bear scenario – 164.59 fails targets a swing lower to 152.63.
Real-time chart link: https://www.tradingview.com/chart/AAPL/wsVdwBgD-AAPL-Apple-trading-buy-sell-triggers-I-am-watching-for-earnings/
Secondary buy / sell triggers per Fib horizontal lines on chart below.
Buy / sell triggers to watch for a swing trade with Apple stock (approximate):
176.56
181.71
185.73
188.56
181.38
184.87
200.52
$AMD Advanced Micro
April 16 – $AMD Bias toward lower price target 7.49 May 3. Buy sell triggers marked in white arrows. However, this is not the easiest trade to execute. Watching.
Mar 6 – $AMD targeting 12.23 Mar 13 as most probable sideways trade. Other price targets noted on chart. #swingtrading
$WMT – Wallmart
April 16 – $WMT Wallmart under pressure under 200 MA with 91.07 as primary resistance. Watching.
Mar 6 – $WMT Wallmart most probable price target 91.00 April 11, 2018. Other buy sell triggers noted. #swingtrading
Wallmart Buy / Sell Triggers:
124.77
116.23 – tighter time-frame
108.06
99.56 – tighter time-frame
91.20
74.25
$LTBR – Lightbridge Corp.
Apr 16 – $LTBR Trading 1.18 with all indicators and price action flat. Watching.
Mar 6 – $LTBR Lightbridge psychedelic chart structure with specific buy sell triggers at arrows. Big range likely.
Price is sitting above 200 MA with a significant risk reward scenario setting up if it starts an up move.
Jan 30 – $LTBR LightBridge If 2.36 holds it targets 3.06 first price target and then 3.77 #trading
Lightbridge Provides Video Footage and Photos of Press Conference Announcing Enfission Joint Venture with Framatome
Real-time $LTBR chart with buy sell price triggers:
$RCL – Royal Caribbean
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.
Jan 30 – $RCL Royal Caribbean buy sell triggers and diagonal resistance lines we established months back have proven profitable for our swing traders.
Buy sell triggers for $RCL swing trading are as follows:
98.91
115.00
131.09
147.04
163.28
Plus the secondary horizontal lines you see on the chart.
Real-time chart link: https://www.tradingview.com/chart/RCL/9YwFkoBq-RCL-Royal-Caribbean-buy-sell-triggers-and-diagonal-resistance-l/
$JKS – Jinko Solar
April 16 – $JKS MACD on weekly may cross up here for long over 200 MA.
Mar 6 – Price under pressure with earnings Mar 22. Current indicators and price say watch with no preferred direction.
Jan 30 – $JKS Solar Weekly chart – waiting for MACD to to cross up on the weekly for possible long trade. #swingtrading
$PCRX – PacIra Pharma
April 16 – $PCRX under pressure. Over 200 MA long but on short side there isnt enough RR at this point.
Mar 10 – $PCRX trading 31.90 post earnings with MACD turned up. Long risk reward preferred. #swingtrading
Set-up isn’t strong enough to warrant a specific model, however, price is at historical support so odds are in favor in long here.
Jan 30 – $PCRX on daily chart trading 36.45 – waiting on MACD to cross up for long side trade assessment.
$EWZ – I Shares Brazil ETF
April 16 – $EWZ short side scenario played out since last report. Watching no for bounce at support or pressure down target.
Mar 10 – $EWZ under 49.50 is a short to next test on chart and over is long to next test on chart.
Jan 30 – $EWZ Brazil ETF weekly chart, ttrading 46.31, over 48.18 with indicators lined up is a long or on proper pull back. On watch for swing trade.
$FEYE – Fire Eye Inc.
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.
Mar 10 – $FEYE Buy trigger at 14.75 proved well, next trigger at 17.65 triggered for 19.44 target. #swingtrading
Jan 30 – $FEYE trading 15.10 above buy trigger at 14.75 – indecisive but clean chart and on 200 MA.
Real-time $FEYE chart link: https://www.tradingview.com/chart/FEYE/iNjl2yjy-FEYE-trading-15-10-above-buy-trigger-at-14-75-indecisive-but/
$LAC – Lithium Americas
Mar 10 – $LAC trading 6.35, over 6.52 targets 7.21 and 7.77, under targets 5.40 #pricetargets
Jan 30 – $LAC Lithium Americas Daily chart with horizontal Fibs, diagonal Fibs, quads, moving averages for tighter trade. Over 8.00 long.
Real-time $LAC charting https://www.tradingview.com/chart/LAC/DTV8PsnK-LAC-Lithium-Americas-Daily-chart-with-horizontal-Fibs-diagonal/
$IBB – BioTechnology Index Fund
Mar 10 – $IBB trading 114.36 triggered long at and if holds 113.78 for 118.88 and 124.70.
Jan 30 – Key resistance test on $IBB Biotech Index Fund. Channel scenario targets up 142.00 or 162.00 down 83.00 or 103.00 #charting #stocks #swingtrading https://www.tradingview.com/chart/IBB/U8HEYQvC-Key-resistance-test-on-IBB-Biotech-Index-Fund-Channel-scenario/
Over 122.50 targets the upper trending channel targets and below 112.71 lower targets are in play. $IBB #swingtrading #pricetargets
$IBB real-time chart link with indicators https://www.tradingview.com/chart/IBB/1TKf04sH-IBB-weekly-chart-indicators-suggest-a-rest-and-go-MACD-Stoch/
$IBB weekly chart indicators suggest a rest and go (MACD, Stoch RSI, SQZMOM) – upper targets from previous chart most probable. #swingtrading
Dec 18 – $IBB premarket trading 106.93 above 200 MA with 110.73 in sight and other swing trade targets on chart. MACD trending up.
$AGN – Allergan
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
$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.
Jan 30 – $CTSH trading 77.76 continues in uptrend on daily and weekly suggest more up trend trade. Watching for stoch RSI cross up to time a long. On high watch here.
Yahoo news:
Cognizant Scales New 52-Week High: What’s Driving the Stock?
$NVO – Novo – Nordisk
Mar 10 – $NVO above 50 MA is a long and below is a short.
Jan 30 – $NVO near previous all time highs and indicators suggest a pull back.
Nov 3 – Trading 49.48 Trending stock above all ma’s with MACD trending down. Waiting for the cross up on the MACD for re evaluation.
$TSLA – Tesla
Mar 10 – $TSLA monthly chart – trade range in triangle model and follow price to up or down target. #swingtrading
Jan 30 – $TSLA Tesla trading 345.82 with weekly chart MACD turn up, SQZMOM trend up and Stoch RSI near top. Suggests a pop and rest then test most probable. #trading #TESLA
Real-time Tesla $TSLA chart analysis :
Tesla News: $TSLA Tesla Tests Money Managers’ Demand for $546 Million Bond Deal https://finance.yahoo.com/news/tesla-tests-money-managers-demand-180753134.html?.tsrc=rss
$SNAP – SNAP (60 Min Chart vs. Daily because it is a new issue)
Mar 10 – $SNAP over 18.05 bullish to next resistance line and under is bearish to next support.
Jan 30 – Buy sell trading triggers on simple $SNAP chart model have worked well. #swingtrading #charting https://www.tradingview.com/chart/SNAP/qJ0gRCyt-Buy-sell-trading-triggers-on-simple-SNAP-chart-model-have-worke/
$SNAP swing trading plan: Long as it nears 12.27 for 14.63 Mar 12, 2018.
$VGZ – Vista Gold
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
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
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, $IBB, $JKS, $FEYE, $LACDF, $CTSH, $NVO, $SNAP, $TSLA, $AMMJ, $AAU, $VGZ, $AGN, $LAC, $EWZ, $PCRX