Welcome to the Compound Trading Weekly Swing Trading Stocks for the Week of Aug 7, 2017. $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:
Well, we just came off a blow-out July swing trading performance so I am hoping we repeat that in August. There is nothing special in this report but we do have a number of others on watch that we expect great things from.
This report is 1 of 4 weekly (we just split up this report in to two to make the file size more manageable and we have a new group of swing stocks we are covering that will round out a 5th weekly report).
We will categorize our coverage soon as we are following more stocks weekly than we expected when we first started the service.
Also with end of quarter here you can expect a report clean-up and PL statements to be released (we will file in a depository all old reports and PL’s for reference).
Swing Trading Quarterly Performance P/L Report Mar 12, 2017… https://compoundtrading.com/swing-trading-quarterly-performance-pl-report-mar-12-2017-amzn-googl-gdx-cbmx-sxl-juno-trch/ … $GOOGL, $AMZN, $GDX, $CBMX, $SXL, $JUNO, $TRCH .. more.
https://twitter.com/swingtrading_ct/status/841079400485478400
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 always DM myself on Twitter (@curtmelonopoly), visit me on Discord (http://discord.gg/2HRTk6n) or email me ([email protected]) with specific questions regarding trades you are considering for assistance.
It is critical however 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).
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 below in red for ease.
Recent Compound Trading Videos for Swing Traders / Charting Set-Ups:
Fri Aug 4 Mid Day Chart Set-up Review $CSTM, $SPNE, $OMVS, $SRG, $XII, $YWLP, $WTW, $SENS, $ESPR …
Aug 3 Trade Set-ups $USOIL, $PTN, $ROX, $GIII, $RIG, $ATVI, $NLSON
Aug 2 Trade Setup Review $USOIL, $LL, $IPI, $PZZA, $AEGN, $SPWR, $GLUU, $OMVS, $XIV ….
July 31 Mid Day Trade Chart Set-Up Review $NATGAS, $FSLR, $OMVS, $CYTR, $DVAX, $XXII, $SBBP …
July 28 Chart / Trade Set-Ups $SBUX, $WIX, $CCJ, $GLD, $XXII, $UCTT, $FSLR, $IGMN, $BIDU, $ALGN …
July 27 Mid day chart set up review $DVAX, $MBRX, $GNC, $PDLI, $LPSN, $ESPR, $SENS, $R, $SNAP
Stock Pick Coverage
$DIS – Disney
Aug 7 – Trading 107.69. Just over 200 MA with ER in 1 day. Will wait.
Aug 1 – Trading 109.93 Earnings in 7 days up over 200 MA looks good but waiting for earnings.
July 24 – Trading 107.09 over 200 MA with earnings in 14 days. On watch.
July 14 – Trading 104.29 under 200 MA – not good.
July 5 – $DIS MACD turned up on daily, SQZMOM just went green, held 200 MA test but is working thru MA’s. On high watch here.
$PSTG – Pure Storage
Aug 7 – Trading 12.82. Just over 200 MA with ER in 16 days. Waiting.
Aug 1 – Trading 12.07. Sitting on 200 MA decision with earnings in 23 days.
July 24 – Trading 13.57 with indecisive indicators. Earnings 31 days.
July 14 – Trading 13.59 with indicators that are signalling bullish. No entry right now.
July 5 – Trading 12.75 MACD is trending down but 50 MA is about to breach 200. Even so, I will likely wait for the MACD to cross up. Also, there has been some insider selling over the last few weeks FYI.
June 26 – The way this stock trades I am waiting for it to prove out the move above 200 ma in a different way than last two times. It does not have the historical data I like so this is the only way to confirm the current move.
June 18 – $PSTG 20 ma crossed 200 ma and 50 crossed 100 and 50 ma cross 200 ma possible with MACD cross possible. Not an easy stock to trade but it may fly if it confirms.
$DXY US Dollar Index $UUP
Aug 7 – $DXY trading 93.44 sitting on technical support with MACD just turned up. Will wait for it to confirm.
July 24 – $UUP trading 24.32 from test entry 25.07 500 shares. Looking to close soon at a loss.
July 14 – $DXY trading 95.68 and testing key support still. Epic battle. No change.
July 5 – Trading 96.18 – it did end up going down one leg which I thought could happen (according to our model one leg represents long term support decision). So I am watching here. If it loses support in 95.50 range I will likely short it and if it gains traction I will likely add to long position.
June 26 – $DXY trading 97.26 up from 96.99 entry in $UUP. Watching.
June 18 – $UUP trading 25.12 from 25.07 initial entry $DXY trading 97.17 from 96.99 entry with MACD, Stoch RSI and SQZMOM trending up – watching for continuation to add.
June 8 – Long $UUP legging in 1/5 size 500 shares 25.07 from main account possible downside 95.55 DXY and it is trading 96.99 so its a managed trade
https://twitter.com/SwingAlerts_CT/status/872898660861857792
$DXY US Dollar Index MACD just turned up on daily. $UUP #swingtrading pic.twitter.com/itEfwfyeXd
— Melonopoly (@curtmelonopoly) June 9, 2017
$XAUUSD #Gold $GLD $UGLD $DGLD
Aug 7 – Trading 1257.65 with MACD up Stoch RSI down SQZMOM indecisive and above MA’s. Indecisive. Had closed $UGLD below for a small gain. 10.57 closed from 10.30.
https://twitter.com/SwingAlerts_CT/status/891975696393932800
July 24 – Trading 1256.10 MACD is up and I’m looking at a long test in $UGLD. Opening test size 500 $UGLD 10.30 range premarket long.
July 14 – Trading 1218.71 Same
July 5 – Trading 1226.17 Same
June 26 – Trading 1244.58. Indicators aren’t great. Watching.
$XAUUSD Touch to 200 MA MACD trending down SQZMOM trend down. $GLD #GOLD $GC_F
June 18 – $XAUUSD #Gold $GLD Trading 1252.85 with MACD trending down and SQZMOM gone red short term pop possible with Stoch RSI. Looking for 1303.87 or no long.
https://www.tradingview.com/chart/XAUUSD/jHwdJSpN/
June 6 – On a break of $XAUUSD GOLD 1303.87 area I will be long $UGLD or $GLD.
https://twitter.com/SwingAlerts_CT/status/872015624041504768
$XAUUSD Some follow thru on yesterdays post 100 MA breach 200 MA Daily. SQZMOM green MACD trending. #GOLD $GLD pic.twitter.com/DWnJNpAxZx
— Melonopoly (@curtmelonopoly) June 6, 2017
$MXIM – MAXIM Integrated Products
Aug 7 – Trading 44.71 above 200 ma but under all other ma’s with MACD down Stoch RSI and SQZMOM down. Waiting.
July 24 – Trading 45.05. MACD trending down.
July 12 – Trading 46.67. MACD turning up and SQZMOM trending up. On high watch now.
July 5 – Trading 44.19 MACD still turned down and price on its way to 200 MA. Likely will test the 200 MA and bounce and may consider long when set-up proves out.
June 26 – Trading 45.92. MACD and SQZMOM trending down – waiting for turn to assess.
June 12 – Trading 46.25. All indicators on daily down – waiting for the turn.
June 6 – Closing $MXIM 48.50
https://twitter.com/SwingAlerts_CT/status/872178801580494848
June 6 – $MXIM Trading 48.51. Holding from 46.94 BUT will likely be rolling out of this and closing it because Stoch RSI and MACD are near peak on weekly and we will be looking at rolling out of many long positions over next two weeks for end of quarter reassessment.
May 31 – Trading 47.70 holding.
$MXIM This swing trade going better now – took some pain in beginning on my break-out #powertrade thesis. #swingtrading
May 23 – Trading 46.69 Holding. All indicators are still a go.
Long $MXIM 46.94 range premarket 5:14 AM MAy 17, 2107. MACD crossed up, 20 MA thru 50 MA with price above. Confirmed break-out. Will hold likely until MACD turns down.
$ATHM – AutoHome
Aug 7 – Trading 47.82 with ER in 2 days – will wait.
July 24 – Trading 47.60. MACD trend down earnings 22 days.
July 14 – Trading 46.97 at 52 week highs. All indicators looking like they will flash a buy any second but I am going to watch for now.
July 5 – $ATHM Trading 45.61 Really interesting chart. While MACD, Stoch RSI and SQZMOM recently trend down price stay in bull formation. On high watch for break-out.
June 26 – Trading 45.47 MACD on daily still trending down with SQZMOM green but flat lined. Watching for the turn.
June 18 – Trading 43.94 all indicators trending down – watching for the turn.
June 6 – Trading 40.86. Looks like we picked a decent exit. BUT the 50 MA is close to breaching the 100 MA on weekly so it is on high watch.
May 30 – Closing $ATHM swing trade in 42.11 range premarket from 40.22 entry.
https://twitter.com/SwingAlerts_CT/status/869828281817645056
Closing $ATHM swing t42.11 range premarket from 40.22 entry. Under 5% not the best on that one but it works – quick. #breakout #swingtrade
Closing $ATHM swing t42.11 range premarket from 40.22 entry. Under 5% not the best on that one but it works – quick. #breakout #swingtrade pic.twitter.com/6FUEIZFfD0
— Melonopoly (@curtmelonopoly) May 31, 2017
May 23 – Trading 42.49. Went long 40.22 500 shares per below triggers – Stoch RSI turn up (prior to alerts service). Holding. Stop at entry. Tight stop.
May 17 – Trading 39.88. $ATHM Weekly Stoch RSI turn up near top, MACD turn up, SQZMOM up, Vol up, Post earnings, 50 MA near 100 MA breach. See daily notes below.
May 17 – $ATHM Even though on weekly it looks like a buy, on daily we are waiting for Stoch RSI to turn up at minimum.
May 9 – Every indicator is flashing a buy, except earnings are on deck and 20 MA has to breach 50 MA and we’re long.
$BWA – BorgWarner
Aug 7 – Trading 46.68. Did receive a small pop since ER but up against natural resistance now and above all ma’s so expecting a pull back soon and will re-assess when it bounces (if it does) off an ma on pullback in trend.
July 24 – Trading 44.92 earnings in 3 days. Closing for small loss from 45.62 entry 200 share test.
July 14 – In a small test size long 45.62. Trading 46.20. It’s in break out with indicators saying buy so we will see how it goes here.
July 5 – Trading 43.18 with MACD turned up. Didn’t take trade and watching. Approximately 4 legs in since breaching the 200 MA and it’s looking to me like a break-out or break-down is on deck and probability is break-down considering number of legs in to it now. We’ll see.
June 26 – Trading 41.20. MACD and SQZMOM on daily trending down. Waiting for the turn.
June 18 – Trading 40.99 with all indicators on daily trending down and about to test 200 MA. Waiting for the cross-over turn back up.
June 6 – $BWA Trading 44.31. Got its pop. Price above MA’s on Daily. Stoch RSI near top, MACD trending up and SQZMOM green. Looks good but will likely wait for the 50 MA to breach 100 MA to upside on Weekly. But it is set up. WARNING to 200 MA resistance at 48.11 on weekly if you do enter.
May 30 – Trading 42.19. Still indecisive indicators. Watching.
May 23 – Trading 41.37. Price under 20 MA. Under pressure. Watching.
May 17 – Trading 42.21. Resistance on weekly 48.10 (200 MA above) and 50 MA near crossing 100 MA. On daily indecision on MA’s – we’re watching.
May 9 – Waiting for 20 MA to breach the 100 ma (blue) and 50 ma (purple) with price above and MACD confirm.
$LIT – Global Lithium
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.
May 31 – MACD crossed up on 24th and went long 29.44 500 per alert notes below (before we integrated live alerts), will add when 60 min MACD at bottom and turns back up (will live alert it also).
May 23 – Trading 29.31. Waiting for MACD to turn up.
May 17 – Trading 29.43. MACD turned up last Friday and all indicators on weekly and daily are flashing a buy. Very likely will enter long May 17 premarket.
May 9 – Trading 28.55. Same.
May 3 – Trading 28.79. Watching for MACD and SQZMOM to turn up.
April 24 – Watching. Stoch RSI turned up at bottom and MACD trending down.
April 19 – MACD crossed down April 13. Closed 28.30 all shares.
April 10 – Trading 28.87 Holding.
April 5 – $LIT Alerted on March 27 report and went long 27.32 March 30 – long entry still intact as MACD is up, SQZMOM green or wait for pull back then enter. We expect this sector to stay hot – but if not in you may want to wait for STOCH RSI to cool and turn back up and go long.
$BA – Boeing
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.
May 31 – Trading 187.09. MACD on daily turned up. Likely a good long here but waiting.
May 23 – Trading 183.40. Waiting MACD on daily to turn up.
May 17 – $BA Trading 182.70. Closed 183.82 when MACD turned down on daily May 11 from 180.06 entry 500 shares.
May 8 – $BA Boring Swing trade going well. Trading 186.13. Long 180.06. Holding. MACD, Stoch RSI, SQZMOM all trending. #swingtrading
$BA Live Chart https://www.tradingview.com/chart/BA/ba7cjyIj-May-8-BA-Boring-Swing-trade-going-well-Trading-186-13-Long/
May 3 – Trading 183.13. Holding. MACD still trending up. Stoch RSI trending down so it is a tad overbought and likely to come off a bit so watching close.
April 24 – Long 180.06 500 share test April 21 because MACD turned up and SQZMOM turned green. Earnings on deck so very careful. May close before earnings and re-enter after.
April 19 – Watching. Waiting for MACD to cross up.
Apr 10, 2017 – Watching
April 5, 2017 – $BA Boeing – It’s early but increasing volume, Stoch RSI turn up, MACD turn up pinch, SQZMOM wait for it to turn green and POW
$BA Boeing live chart – https://www.tradingview.com/chart/BA/9oB2G2vk-BA-Boeing-It-s-early-but-increasing-volume-Stoch-RSI-turn-up/
$EXK – EXK Silver Mining
Aug 7 – Trading 2.29 on earnings miss. Small position will hold for the duration.
July 24 – Trading 3.06 watching
July 14 – Trading 2.87 watching
July 5 – Trading 2.92 from 3.49 entry holding small position. Watching chart for life.
June 26 – Trading 3.17 holding from 3.49 entry – small so I am holding for the win.Chart is full of indecision.
June 18 – Trading 2.91 same.
June 6 – Trading 2.92. Holding.
May 31 – Trading 2.92. Yes still holding.
May 23 – Trading 3.13, Holding. MACD still turned up. High RR.
May 17 – Trading 3.31 holding long 3.49 entry. MACD turned up again on 12th and Stoch RSI is at top and resistance at 3.64 ish on daily 100 MA. Waiting now for 20 MA to breach 50 MA on daily for possible add.
May 8 – Trading 2.88. Holding per below.
May 3 – Trading 2.92. Holding long 3.49 3000 shares. It isn’t like us to hold through a down draft, however it is trading at a recent low equivalent so we are watching closely.
Apr 24 – Trading 3.12. Holding long 3.49 3000 shares.
Apr 19 – Holding long 3.49. Trading 3.20. Stoch RSI almost at bottom and will watch close when Stoch RSI turns back up.
Apr 10 – Holding trading 3.45
Apr 5 – $EXK Silver Mining SQZMOM turned green today, increasing volume, MACD up – may want to let it cool a bit before long. We are long at 3.49 average cost basis April 4 3000 shares.
$BABA – Alibaba
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; $DIS, $PSTG, $DXY, $XAUUSD, $BABA, $LIT, $BA, $MXIM, $ATHM, $BWA, $EXK, Compound Trading, Swing, Trading, Stock, Picks