Welcome to the Compound Trading Weekly Swing Trading Stocks for April 4, 2018. $C, $AKTX, $DIS, $PSTG, $DXY, $XAUUSD, $BABA, $LIT, $BA, $MXIM, $ATHM, $BWA, $EXK.
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 in our swing trading rotation.
This is Part A and 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].
IF WE DON’T GET BACK TO YOU RIGHT AWAY it is usually because we are pressured with deadlines or are trading.
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”.
To remove the indicators (MACD, Stochastic RSI, Squeeze Momentum Indicator represented at bottom of chart) double click on chart body – and same to return the indicators.
If you receive a report and you are not subscribed to the specific service it is a complimentary issue..
Our apologies if you receive more than one copy – it means you are on more than one subscription list. We are working to resolve this issue.
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.
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
Using the S&P500 to Confirm Momentum Correlates: $SPY/$BZUN Model Structures
How I executed volatility trade with precision. $VIX $XIV #Volatility #Trading $TVIX, $UVXY, $SPY
@EPICtheAlgo #EIA Report, January 24, 2018: Inverse Hedge Between #CL and $SPY
Swing trading setups Jan 18 $FB, $SPY, $CNTF, $CTIC, $RIOT, $AES ….
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
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
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.
Jan 16 – All indicators on daily are indecisive to flat. Watching.
Dec11 – $AKTX premarket trading 5.79 up on news – chart with buy sell triggers for swing trade.
https://www.tradingview.com/chart/AKTX/M0PEi6eR-AKTX-premarket-trading-5-79-up-on-news-chart-with-buy-sell-tr/
$DIS – Disney
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
Jan 16 – $DIS Disney trading 112.47 with earnings Feb 6 in bullish trade quad wall test on deck with price targets on chart. #swingtrading
Earnings Feb 6 with targets as listed below for Feb 15, 2018 time / price cycle peak:
Bullish price targets: 117.32, 124.22
Bearish price targets: 103.73, 96.90
Indecisive price target: 110.52
It seems with current trade bullish that if price breaks the quad wall (blue diagonal fib TL) to upside that at least 117.32 is in play (pending earnings of course).
Dec 11 – The targets from the Nov 14 swing trading report played out perfect. Below are the new price buy sell triggers.
$DIS Disney Swing Trade Daily Chart with Buy Sell Triggers, Price Targets, Fibonacci Trendline Quads, Moving Averages #swingtrading
Disney $DIS Long Trade Scenario:
Trading at 104.37 premarket under 200 MA but above key support 103.69.
Trigger long 103.69 if it holds and watch 200 MA close as resistance.
110.63 Buy Sell Trigger
117.42 Buy Sell Trigger
Disney $DIS Short Trade Scenario:
Price fails 200 MA upside resistance test
Price fails Buy Sell Trigger support 103.69
Target next Fibs down at:
102.16
100.09
99.82
96.94
Blue Fibonacci trendlines act as support / resistance points also FYI.
$PSTG – Pure Storage
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
Mar 1 – $PSTG on watch in to earnings tomorrow – will chart thereafter.
Jan 16 – $PSTG trading 16.47 continues to trade under pressure now under 50 MA and 20 MA on daily. Will watch.
Dec 11 – $PSTG trading 17.25 and under 20 MA on daily. Will wait for 20 MA to be regained to assess set-up.
Nov 14 – $PSTG Pure Storage trade has been amazing since it regained 200 MA. Too extended now wait for MA test. #swingtrading
Oct 9 – Trading 15.55. Above all MA’s with MACD trending down. Will consider a long when MACD turns up.
$DXY US Dollar Index $UUP
April 4 – $DXY US Dollar sideways range bound trading.
Mar 1 – $DXY US Dollar Index forming a reversal bottom bounce trend working through MAs on Daily.
It’s almost time to call this a reversal trend that can be charted with targets – very soon.
Jan 16 – Trading 90.48 it remains under significant pressure with no considerable indicator pointing to an end to the downturn. Watching.
Dec 11 – Trading 93.84 and at this point well under 200 MA with Stoch RSI high – will watch yet.
Nov 14 – $DXY US Dollar Index trading 94.26 in premarket – wait for Stoch RSI and MACD to turn up. Under 200 MA.
$XAUUSD #Gold $GLD $UGLD $DGLD
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.
Mar 1 – Gold – Long drawn out process on the monthly. Decision coming… $XAUUSD #Gold $GLD $GC_F
Jan 16 – Gold intra day trading up against significant historical resistance at a primary pivot – above opens way to significant upside.
Will be watching monthly chart for 100 MA upside test and historical resistance test. If price breaks above I will close a small short position and flip long in size. If that occurs I will post a swing trading chart model with targets.
Nov 14 – Gold premarket trading 1276.98 wait for Stochastic RSI to turn up on daily for a long swing trade. $GLD $XAUUSD $GC_F
$MXIM – MAXIM Integrated Products
Mar 1 – $MXIM trade between the horizontal support and resistance lines.
Jan 16 – $MXIM trading 55.05 continuing its bullish advance with earnings on Jan 25. Caution here warranted as price is extending considerably above 200 MA – especially as earnings report nears. If you trade it be very cautious with sizing in to earnings.
Nov 14 – $MXIM possible buy trigger setting up wait for bounce off MA with Stoch RSI turned up along with MACD
Oct 9 – Trading 48.57 above all MA’s, near previous highs (52 week highs) and MACD trending up. Will wait for a break of previous highs to consider a long or at point of turn down and MACD turning back up.
$ATHM – AutoHome
Mar 1 – $ATHM Extremely bullish setup in to earnings on weekly chart. On high watch at ER.
Jan 16 – $ATHM trading 77.92 continues bullish advance on monthly chart with Stoch RSI turned up in to Mar 1 earnings.
The daily chart has a stoch RSI crossing down now however. If it crosses back up in advance of earnings I may consider a short-term swing trade in to earnings closing prior to date.
Nov 14 – Trading 61.19 post earnings with Stoch RSI turned down on daily and MACD near flat. I would wait for the price to bounce of MA’s with Stoch RSI and MACD turned. Careful with any moving average above price – it will be resistance.
Oct 9 – Trading 61.42 with MACD on daily about to curl and cross up. If it does I will likely take the long.
$BWA – BorgWarner
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.
Jan 16 – $BWA needs to trade above 57.95 and hold to target higher in to earnings or it is lower. #swingtrading
I have this one alarmed and will chart the swing trade targets to upside or downside as trade develops in to earnings set for Feb 8, 2018.
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.
Nov 14 – Trading 52.26 post earnings with Stoch RSI about to curl up on the daily and MACD the opposite – I would wait for Stoch RSI and MACD to turn up with price bouncing off MA’s and beware of any MA’s above price as it will be used as resistance.
Oct 9 – Trading 51.93 above all MA’s and Stoch RSI and MACD starting to cool after recent run. Will wait for MACD to return a trend down and cross up for a potential long.
$LIT – Global Lithium
Mar 1 – Trading 34.22 lost 200 MA on daily – watching for a reconstruct bounce or continuation down. Watching.
Jan 23 – $LIT Lithium ETF trading 38.65 with Stoch RSI near bottom, MACD crossed down, SQZMOM red, watch for Stoch RSI cross up first.
Nov 14 – Trading 40.45 near highs with Stoch RSI about to turn down on daily. Poor place for a long entry and poor risk – reward for a short. Wait for stoch RSI to curl up and assess bounce off moving averages. Has been trending for some time now and as such I would use caution with assumption that trend won’t retest the 200 ma – it is due.
Oct 9 – Trading 39.03 with recent pull back and run back and MACD about to possibly turn up again and price could break 52 week highs. If that scenario occurs it is a long for a test on the break.
Aug 7 – Trading 32.44 and all indicators still up. Obviously missed the move and now waiting for it to pull back to an ma on trend and bounce for a possible entry.
July 24 – Trading 30.68 all indicators up 52 week highs. Watching.
July 14 – Trading 30.35 with indicators signalling a buy and volume coming in over last week. On high watch.
July 5 – Trading 29.10 with MACD trending down. Waiting on MACD to assess.
June 26 – Trading 29.21 with all indicators pointing down but it looks like a turn may be near as Stoch RSIE looks bottomed and Fri volume appeared. On Watch.
June 18 – Trading 29.41 all indicators pointing down and waiting for the turn.
June 6 – Trading 29.92 Holding but be aware it could come of a bit soon before running again as Stoch RSI turned down on daily and its high on weekly.
$BA – Boeing
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.
Oct 9 – Trading 258.80. Trading new recent highs with ER in 15 days and MACD possibly ready to turn back up. Likely take a trade pre earnings if MACD turns up and previous highs break.
Aug 7 – Trading 237.31. Break out post earnings and starting to come off now. Will wait for it to pull back to ma that it bounces off and consider entry.
July 24 – Trading 212.16 earnings in 2 days. Going to watch this with interest considering recent bull run.
July 14 – Trading 207.50. All indicators are up and price is escalating. It seems the only way to trade this is as a traditional swing on pullbacks of MACD and the turn on it. Watching.
July 5 – Trading 198.59. MACD now trending down so I will wait for that to resolve and assess.
June 26 – Trading 202.23. So I missed the long and should have followed my set up on June 6. All indicators pointing up and making new 52 week highs. Fantastic trending stock and kicking myself for not taking that entry. Waiting for a pull back to assess.
June 18 – Trading 196.44. Per below it was in fact a good long. MACD has confirmed and price is now in break out trading at 52 week highs. I may trade this break out with a 1/5 size entry in pre market and wait for first pull back to add. Indicators on weekly turned up also.
June 6 – Trading 188.47. Per last report it was an okay long. SQZMOM green MACD trending up but Stoch RSI on daily trending down on daily and on weekly the MACD may turn down and SQZMOM Green but trending down. Watching for now.
$EXK – EXK Silver Mining
Mar 1 – $EXK under 200 MA on daily chart – watch for upside breach.
Jan 23 – $EXK Silver Corp trading 2.42 under 200 MA with Stoch RSI MACD SQZMOM turned down. Watching.
Nov 14 – Trading 2.10 very heavy – no consideration yet.
$BABA – Alibaba
Mar 1 – Trading 186.14 with indecisive topping formation. Watching.
Jan 23 – $BABA trading 184.02 earnings on Feb 1 with Stoch RSI, MACD, SQZMOM turned down. Testing 20 MA on daily.
Nov 14 – $BABA careful with swing trade long short term as Stoch RSI is down w MACD to likely follow trading near highs.
Here is the $BABA chart premarket https://www.tradingview.com/chart/BABA/FyzDSu1Q-BABA-careful-with-swing-trade-long-short-term-as-Stoch-RSI-is-d/
Oct 9 – $BABA Trading near recent highs, trending. On break w MACD SQZMOM up I may long. #swingtrading
Aug 7 – Trading 153.33. Trending above ma’s keeps coming back to 20 ma and bouncing and now past ER so it should pullback to a deeper ma in trend and on a bounce I’ll enter.
July 24 – Trading 152.02 ER 17 days and MACD may turn down? Hard to say. Watching.
July 14 – Trading 149.75. This also is in break out and extended well above MA’s. Watching.
July 5 – Trading 140.99 and has been in range for days now on daily. MACD trending down so I will wait for it to turn to assess.
June 26 – Trading 143.01. Well, here we go with the no pull back again. All indicators are trending up on daily but the Stoch RSI turned down on weekly and volume is consistently coming down so I think a pull back is near.
June 18 – Trading 134.87. Still no pull back and I continue to pay. Anyway on weekly stoch rsi is turned down so we will see but MACD and SQZMOM is turned up so who knows when it will stop.
June 6 – Trading 125.20. Didn’t get our pull back and we’re paying. BUT SQZMOM just slightly turned down on weekly now so maybe we’ll get that pullback yet.
May 31 – Trading 123.60. Watching for a pull back.
May 23 – Trading 125.10. Well we got the pullback around earnings and missed it. Hopefully some members got it. It’s trading at near ATH’s right now in premarket.
May 17 – Trading 124.00. Every indicator on hourly, daily and weekly are still flashing buy, however, there has been no pullback to get an entry long. Watching.
May 8 – Trading 117.20. Same as below. Earnings nine days away also.
May 3 – Watching for it to cool off. Unfortunately we did miss some of the move. Waiting for MACD to trend down and catch it on its next turn up.
April 24 – Watching.
April 19 – Closed 111.40 at target from 104.64 cost avg 500 shares. Will allow MACD to return to bottom for re-entry.
April 10 – Hit 110.45, very near our 111.40 target. Holding, trading 109.34. Long 104.64.
April 4 – Holding long 500 shares from 104.64 now trading 108.17. It is testing all time highs and we may add on a break of all time highs. If it pulls back we may cut for a small profit. First price target is 111.40 (see below)
$BABA Live chart with indicators including that SQZMOM indicator – sweeet tool! https://www.tradingview.com/chart/BABA/Lbao9BVu-BABA-Swing-Trade-going-well-Our-Swing-Trading-side-is-in-at-10/
$BABA Swing Trade going well. Our Swing Trading side is in at 104.64 trading at 108.17. #swingtrading pic.twitter.com/x2zOezrBQ3
— Melonopoly (@curtmelonopoly) April 4, 2017
March 27 – We’re long 104.64 500 shares March 22 at test of 20 MA. Stop is at our entry and we are looking for a fresh break-out. However, the market sentiment is not great right now so we are unsure. There is an upside pivot at 111.38 we are watching for resistance should price continue up. Also watching MACD close.
March 20 – Wait for MACD to turn up and confirm and stay long until MACD turns down. The Stoch RSI seems to be frontrunning the MACD fyi. $BABA is one of my favorites right now and I see a long entry early in the week.
$BABA Live Trading Chart – https://www.tradingview.com/chart/SPY/GsGBi5f2-BABA-Daily-100-MA-50-MA-Cross-MACD-Pinch-SQZMOM-up-Stoch-RSI/
$BABA Daily 100 MA 50 MA Cross, MACD Pinch, SQZMOM up, Stoch RSI up. Wait for MACD for long. #swingtrading
Email or DM me on Twitter anytime with thoughts or questions!
Cheers!
Curtis
Article Topics; $C, $AKTX, $DIS, $PSTG, $DXY, $XAUUSD, GOLD, $BABA, $LIT, $BA, $MXIM, $ATHM, $BWA, $EXK, Compound Trading, Swing, Trading, Stock, Picks
