Good Morning Swing Traders and Welcome to the Compound Trading Weekly Swing Trading Report (1 of 3) for Week of April 23, 2017. $XRT, $VFC, $CALA, $CELG, $GOOGL, $AMZN, $JUNO, $OAK, $BOFI, $TRCH ….
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 report updates buy, sell, holds for the stock picks on this list.
IT IS NOT COMPLETE and will be continued this evening and re sent out.
We are stepping up the rotation cycle with more frequent updates going forward and we are going to categorize our trades soon because we are covering many more stocks than we expected when we first started the service. And shortly thereafter our swing trading alert service will launch – currently we update by newsletter only and not by alert (the alert service addition is about 45 days out).
You will find our most recent swing trading newsletter update here:
Protected: Weekly Swing Trading Stocks Mon Apr 24 $AXP, $TWLO, $BA, $LIT, $ABX, $XME, $BABA, $NFLX … #swingtrading https://t.co/peJBzEzLwn
— Swing Trading (@swingtrading_ct) April 24, 2017
You will find our other most recent swing trading newsletter update here:
Protected: Weekly Swing Trading Updates Thurs Apr 21 $TSLA, $SNAP, $VGX, $AAU, $AMMJ #swingrading #freedomtraders https://t.co/sOfxWN9ITN
— Swing Trading (@swingtrading_ct) April 21, 2017
Most recent Simple Swing Trading Simple Charts are found here:
https://twitter.com/CompoundTrading/status/853551912599400448
$CELG
April 25 – Trading 123.15. Earnings in two days. Watching close.
April 20 – Trading 123.01. Testing 50 MA. Watching for MACD, Stoch RSI and SQZMOM to turn up. High watch now.
April 11 – Trading 125.92. MACD pinch and SQZMOM about to turn green – continue on high watch!
Mar 27 – Indicators have now started to cool and waiting for bottom turn. On high watch!
Mar 19 – status remains same as Mar 12.
Mar 12, 2017 – The Stoch RSI hasn’t cooled, in fact it has heated since last report. Also below is the MACD, it’s near pinching so it may be best to take a short position soon and flip to long when MACD turns to buy signal.
$CELG MACD Swing Trade Chart: https://www.tradingview.com/chart/CELG/KS53j1IE-CELG-MACD-almost-on-sell-Short-at-cross-and-long-at-turn-up/
Mar 7, 2017 – Looking for Stoch RSI to cool to bottom range for swing trade.
$CELG Live Trading Chart: https://www.tradingview.com/chart/CELG/u99gKSpz-CELG-looking-for-Stoch-RSI-to-cool-to-bottom-for-swing-trade/
$LITE
April 25 – Trading 47.45. $LITE Earnings 9 days, Daily. MACD turn up? Price needs over 20MA and 50 MA and further confirmation. #earnings #watch #swingtrading
April 30 – Trading 42.61. Testing 100 MA support. Waiting for MACD, SQZMOM, Stoch RSI to turn.
Mar 30 – Closed 700 shares 54.48 as indicators turned negative. Watching now for indicators to turn again for long.
Mar 27 – Mar 22 Entered long position at 50.11 of 700 shares trading 53.65 in premarket, watching test of previous high.
Mar 19 – MACD is pinching and threatening to turn up now! On High watch!
Mar 12, 2017 – 20 MA did not hold and MACD on a sell. Wait for MACD to signal buy and review then.
$LITE MACD Chart https://www.tradingview.com/chart/LITE/6mOiMa4Z-20-MA-did-not-hold-MACD-on-sell-Wait-for-MACD-to-signal-buy/
Mar 7, 2017 – $LITE I’m looking for 20 MA to hold for entry long swing trade.
$LITE Live Swing Trading Chart : https://www.tradingview.com/chart/LITE/nU0igzAu-LITE-I-m-looking-for-20-MA-to-hold-for-entry-long-swing-trade/
$CALA
April 25 – Trading 11.10. On watch per below.
April 20 – Trading 11.60. Bounce off 50 MA Stoch RSI crossed up, MACD pinch, SQZMOM may turn green, increasing volume. ON HIGH ALERT. May take an entry TODAY.
April 11 – Waiting on SQZMOM and MACD to turn up – getting closer now. Trading 10.75.
Mar 27 – Same
Mar 19 – Good call on Mar 12 MACD turning down.
Mar 12, 2017 – $CALA Declining volume, MACD likely turn down, 9 MA just holding. No resolution. Caution.
$CALA chart https://www.tradingview.com/chart/CALA/ma6v15V7-CALA-Declining-vol-MACD-likely-turn-down-9-MA-just-holding/
Mar 7, 2017 – $CALA Waiting for Stoch RSI to cool for a swing trade.
$CALA Live trading chart: https://www.tradingview.com/chart/CALA/8q5LxIls-CALA-Waiting-for-Stoch-RSI-to-cool-for-a-swing-trade/
$XRT – SPDR S&P Retail ETF
April 25 – Trading 43.15. Holding from 41.67
$XRT Trade going well. Long 41.67 Apr 10. Holding on MACD trend & SQZMOM trend. Short term Stoch RSI may come off. 200 MA test #swingtrading
.April 20 – Trading 42.43. Hold. Indicators still positive.
April 11 – Long 41.67 April 10 for a test. 300 shares. Trading 42.11.
Mar 27 – Double bottom test in progress on high watch now.
Mar 19 – Sames status as Mar 12.
Mar 12, 2017 – The Stoch RSI is starting to pinch at bottom of range (see Mar 7 chart), MACD is still on sell however. On close watch here.
Mar 7, 2017 – Watching close for a bounce. Stoch RSI on chart is near bottom so on high watch here.
Feb 27, 2017 – Trading at 43.72 this beat up sector seems to be ripe for a bounce. If we execute a trade on Monday it will be to test the waters and watch the market sentiment day to day – this and price action will determine how long we are in it. An interim target however would be 46.80 and would likely change as the trade progresses.
$XRT Retail Live Chart – https://www.tradingview.com/chart/0oELdpX1/
$EXP Building Materials
April 25 – Trading 97.63. $EXP Small test long at MACD turn up 95.90 April 21. Above 200 MA, SQZMOM may turn green 50 and 20 above price. #swingtrading
April 20 – Trading 94.45. Failed 20 MA test. Near 200 MA now. Waiting on indicators to turn up.
April 11 – Trading 96.37. Waiting on MACD and SQZMOM to turn up. Testing 20 MA now.
March 27 – 100 MA failed. Watching.
March 19 – Same status but on high watch for MACD because 100 MA held.
March 12, 2017 – $EXP Eagle Building Materials MACD still on sell, but expanding volume in play with 100 MA test. On watch for bounce.
Mar 7, 2017 – $EXP Building Materials watching close for a bounce.
Feb 27, 2017 – “Eagles Materials Posted Record Revenues, Record Net Earnings and Record Net Earnings per Diluted Share. Its stock grew 60% in 2016 and still looks cheap.”
Eagle Materials is a riskier play than most we will add to our swing portfolio, but our DD on this one has us excited and we likely will take a long position early this week with a target of minimum 10% upside in next 90 days. We will however keep our stop tight.
http://finance.yahoo.com/news/post-earnings-coverage-eagles-materials-131500431.html
$EXP Live Trading Chart – https://www.tradingview.com/chart/EXP/TpeK4yNK-EXP-Building-Materials-Watching-close-for-bounce-swing-trading/
$FIT
April 25 – Trading 5.86 premarket. On Watch.
April 20 – Same
April 11 – Same. Trading 5.77.
Mar 27 – Same.
Mar 19 – Same status as Mar 12. This one may never come back.
Mar 12, 2017 – $FIT FitBit Under 9 MA, MACD pinch, no volume expansion yet. On high watch.
Mar 7, 2017 – It hasn’t got its bounce yet – still watching. Trading at 6.00.
Feb 27, 2017 – We find the $FIT trade interesting. Although we would never otherwise consider it and if we do enter today a long position it will be looked at as short term, we think there may be opportunity to swing trade it because it should be much lower considering its recent quarter… lower in that we expected a panic that did not occur. This seems bullish, or at minimum a likely “bargain” in our opinion.
$FIT Swing Trade Target 6.99. Trading at 6.15.
$VFC
April 25 – Trading 55.92. Testing 200 MA with earnings in 3 days.
April 20 – Trading 55.52. Hold. About to test 200 MA – caution.
April 11 – Hold from long 53.50 500 shares trading 54.70.
Mar 27 – Hold. Trading at 54.06
Mar 19 – Trading at 53.95 holding position long. Next test 100 MA crossing 20 MA. No adds yet.
Mar 12, 2017 – $VFC Holding but trade tentative as MACD pinching and declining volume.
Mar 12, 2017 – $VFC Quarterly Swing Trading Performance Review. Long Feb 23 53.50 500 Shares. Unrealized loss 785.00. #SwingTrading
Mar 7, 2017 – Holding long per Feb 23, 2017.
Feb 23, 2017 – $VFC Swing long 53.50 average with 58.10 as first upside target. More targets in upcoming reports.
$NE – Noble Corp
April 25 – Trading 4.92. Watching for a possible double bottom?
April 20 – Closed 2000 shares 5.52 for loss when it broke recent low.
April 11 – Holding from 6.95 2000 shares. Trading 6.31 and may have to cut at loss if oil resistance on deck holds.
Mar 27 – Hold. Trading 5.38
Mar 19 – It’s a bad trade but the MACD is so close to the bottom that we are holding for a bounce. One of our few bad swings in 2017.
Mar 12, 2017 – $NE Trade has turned against us with a sell signal on MACD. Holding on conviction. We believe it is near over-sold and this sector of the industry is near a turn in profit divergence.
Mar 12, 2017 – $NE Quarterly Swing Trading Performance Review. Long Feb 22 6.95 2000 Shares. Unrealized loss 1920.00. Hold.
Mar 7, 2017 – Holding long. Trading at 6.46.
Feb 23, 2017 – $NE Swing long opened 6.95 average for a 9.00 upside target.
Alphabet (Google) $GOOGL, $GOOG
April 25 – $GOOGL 879.00. Long 859.01 when MACD turn up SQZMOM turn green 20 MA punch thru 50 MA w price above? Wow what a champ move. #swingtrading. April 21 200 shares.
April 20 – Trading 857.20. MACD turned up, Stoch RSI turned up. SQZMOM just turned green. Waiting on 20 MA to cross up 50 MA for long.
April 11 – Watching MACD and SQZMOM to turn up for long.
Mar 27 – 863.99 Closed position 200 shares Mar 21 when previous high was lost. On watch for MACD turn.
Mar 19 – Trading at 872.37 holding – looking for dips to possibly add. MACD flat so this is a concern.
Mar 12, 2017 – $GOOGL Swing trade going well. In at 848.91 – holding and adding on dips (will advise). MACD on buy.
Mar 12, 2017 – $GOOGL Quarterly Swing Trading Performance Review. Long Feb 22 848.91 200 Shares. Unrealized gain 2570.00. Hold.
Mar 7, 2017 – Holding long per Feb 22, 2017. Trading at 847.27.
Feb 22, 2017 – We entered a long position starter at 848.91 200 shares. Stops will be managed manually and will be held tight until trade is to upside of current range. Pensive about short term market range.
Feb 21, 2017 – Price is to the topside of the break-out and I will likely enter a long position over the next day or two. Bullish on this stock.
Feb 12, 2017 – We still like the $GOOGL stock / chart. Price recently broke to the upside of the triangle and didn’t hold but is threatening to trade above again at Friday close. We’re watching for an upside break that holds for an entry or a visit to the 200 MA (pink line) for an entry.
Feb 7, 2017 Member Update: We expect a signal from the Trump camp soon (late this week), and if positive, this will be a very strong play – watch close! This needs to be high on your radar going forward!
We like this chart. Watch for an upside break out of the triangle. The principles apply the same to $GOOG and $GOOGL charts fyi. Also, watch the MACD close, it looks primed for a move. Earnings are Thursday. If price breaks to downside I will update with levels to watch. Also, the is a chart below that shows upside target.
Link to live $GOOGL chart in TradingView.
https://www.tradingview.com/chart/GOOGL/isvDnbTQ-Swing-Trading-Member-Chart-GOOGL/
1003.17 Price Target in 2017 with upside break-out. Alphabet (Google) $GOOGL
Technically, the price target (should price break to upside) is 1003.17 before Jan 29 2018.
Amazon $AMZN
April 20 – Trading 900.29. Hold per below.
April 11 – Trading 909.40 holding 100 shares from 822.72. When MACD and SQZMOM return to bottom and turn up I will likely add 100 long. Missed an execution on last dip.
Mar 27 – Hold trading at 845.39. Mar 21 lost 20 MA and almost sold but did not. Loss of 20 MA is a concern. Watching for 50 MA failure.
Mar 19 – Trading 852.31 holding. MACD pinching to downside so this is a concern.
Mar 12, 2017 – $AMZN Amazon Swing Trade going well. In at 822.72 trading 852.46. MACD on sell will add when MACD bottoms and turns (will advise).
Mar 12, 2017 – $AMZN Quarterly Swing Trading Performance Review. Long Feb 10 822.72 100 Shares. Unrealized gain 2930.00. Hold.
Mar 7, 2017 – Holding long and may add on dips now. Trading at 846.46.
Feb 21, 2017 – Trading at 839.48 in premarket we’re on the right side of this swing so far. Depending on price action I will look to add at pull backs. Very bullish this stock.
Feb 12, 2017 – Trade Alert! We entered a trade long at a cost average 822.72 for 100 shares as soon as price was upside the 20 MA. This is an aggressive trade (being that we didn’t wait for a pull-back to 50, 100 or 200). We have a tight stop on the trade at 804.00 (just below its recent low (this would be a broken trade in our opinion at that point). So we are hoping this week is a strong week for Amazon. If not our aggressive move will cost us.
Amazon Swing Trading Live Chart: https://www.tradingview.com/chart/AMZN/ZQt7CJMs-AMZN-Amazon-Swing-Trading-Member-Chart/
Feb 7, 2017 Member Alert! We haven’t got a pull back to the 200 day and depending on how tech does with Trump we may or may not, however, in overnight trade (premarket) price is close to the 100 day and I may take a test long position. This is one of our favorite picks so we will be quite aggressive with our attempts to get in at an inflection – so we are thinking sometime in the next few days looks decent.
My fourth priority is Amazon. I don’t want to over simplify this trade – but the bottom line is I’m looking for a pull-back and an entry as close to that 200 day (pink line with green arrow) as possible. I don’t think this stock will stop anytime soon. DD to follow soon.
Juno $JUNO
April 20 – Trading 24.61. Hold per below.
April 11 – Trading 24.89. April 6 23.22 Long 500 start as SQZMOM turned green and MACD crossed up. Testing. Tight stop. 200 Day test on deck.
Mar 27 – No Change.
Mar 19 – No change.
Mar 12 – Member Alert! We will look at a re-entry on this when MACD turns back up!
Mar 12 – $JUNO Quarterly Swing Trading Performance Review. Long Dec 22 18.32. Closed Feb 15 23.88. 1000 Shares. + 5,560.00 P/L 31% gain.
Feb 21, 2017 – On Feb 16 we closed our position at 23.88.
Feb 12, 2017 – We have been long since late December at 18.32 (1000 shares) and it trades at 21.95 now – will be ratcheting up stops soon, the trade has done well but in the short term we don’t see a lot of upside for entries now, unless trade returns to the 50 day MA.
$JUNO Another Swing Trade Winner. Swing Trade Member Stock Pick is up 20%.
Feb 7, 2017 Member Update: $JUNO since my first entry mid December 2016 has consistently moved in an upward trend, and from that perspective has been a good stock pick. But it hasn’t been excellent like many of my other picks. It does have a gap fill coming soon so if you are long I would ratchet up your stops as you near 22.70 area.
$JUNO Live Chart Link: https://www.tradingview.com/chart/JUNO/W0WEYDQJ-JUNO-Swing-Trade-Member-Stock-Pick/
CombiMatrix Corp $CBMX
April 20 – Trading 4.90. Waiting on SQZMOM to turn green and MACD to turn up.
April 11 – Trading 5.30. There was a trade there when MACD and SQZMOM recently turned up. We didn’t take it. Watching.
Mar 27 – No Change
Mar 19 – No Change
Mar 12 – Member Alert! We will look at a re-entry on this when MACD turns back up!
Mar 12, 2017 – $CBMX Quarterly Swing Trading Performance Review. Long Dec 6 2.59. Closed Feb 22 5.01. 10000 Shares. + 24,200.00 P/L 93% gain.
Feb 22, 2017 – We closed our long positions in late trade and extended hours at 5.01 average.
Feb 21, 2017 – It is trading at 3.90 in premarket and recently as high as 4.23. Holding.
Feb 12, 2017 – This stock hasn’t slowed down since our entry at 2.59 (10000 shares) and doesn’t seem to want to return to the trendline support so our swing trade members can get in. It is trading perfectly in our prescribed range (albeit at the top) and closed at 3.90 on Friday – we have a 5.57 PT on it so I don’t if it is best to enter now – I wouldn’t unless it returns to the support line but some of the more aggressive swing trading members may want to consider it. Also, we will be ratcheting stops before earnings and even though earnings are expected to be strong we likely will not hold through earnings (or if we do it will be with tight stops).
$CBMX news – http://finance.yahoo.com/news/cbmx-expect-record-revenue-profit-140000918.html
$CBMX Swing Trade Stock Pick Doing Well up 50% Now.
My second priority is $CBMX. I am already in this swing and plan to enter in dips at the diagonal trend line (blue). Initial target area is around 5.57 with much greater potential upside. The Trump factor may cause this to come off a bit so my bias is toward late spring for first price target.
https://www.tradingview.com/chart/CBMX/qtdyUyY0-CBMX-Swing-Trade/
OakTree Capital $OAK
April 20 – Trading 46.70. Hold per below.
April 11 – Trading 46.35. 45.59 Long small starter 200 shares when SQZMOM and MACD turned up – not really crazy positive about this trade so we have a tight stop on it. Earnings conference call on April 27th.
Mar 27 – No change.
Mar 19 – On high watch for MACD to turn up again.
Mar 12, 2017 – $OAK on swing trade high watch now. 200 MA may cross 50 MA. Watch MACD for turn up.
Mar 12, 2017 – $OAK Quarterly Swing Trading Performance Review. Long Jan 3 37.80. Closed Feb 15 46.04. 1000 Shares. + 8240.00 P/L 21.8% gain. #swingtrading
Feb 21, 2017 – We closed our position last week at 46.04 because sentiment in this sector started to turn. We may look at a re-entry, however, we are waiting for the crude oil resistance test to play out and would like to monitor sentiment.
Feb 12, 2017 – This has been a fantastic swing trade and many of our members have profited from it. We are holding and have moved up stops to a 5% drop.
It is currently trading at 45.70 and is up considerably for our members – our 2017 price target was 49.58 and our short term price targets were easily met.
It is also currently trading just above its 200 MA so we are watching close – if it loses the 200 MA we will exit likely. So if you are thinking of adding or a long trade here you want to watch the 200 MA.
$OAK OakTree Capital Group Swing Trading Alert for Members has done well with 25% gains in 2017
Oaktree Capital Group, LLC (OAK) today announced that it will report fourth quarter and full year 2016 financial results prior to the opening of the New York Stock Exchange on Tuesday, February 7, 2017.
http://finance.yahoo.com/news/oaktree-schedules-fourth-quarter-full-133000267.html
Was trading at 37.57 – 38.00 when we originally started to look at it, currently trades at 41.65.
42.71 – 43.50 is our short term swing target (less than 3 months).
Feb 7, 2017 Member Alert! $OAK has met this swing trade target for our members – caution forward please!
49.58 is our 2017 target. No target date.
Our traders will be watching earnings (much like we did with Google last week and we will be doing with Amazon this week). Pending earnings and price action this will be when we enter a trade. Some of our swing traders have obviously seen decent gains since we first put this on our swing trading list a number of weeks back (good timing actually), but our traders have not taken a position yet.
Oaktree Capital Trading View Live Charting:
https://www.tradingview.com/chart/OAK/w2CBerv2-Swing-Trading-Newsletter-Oaktree-Capital-OAK/
VanEck Vectors Russia ETF $RSX
April 20 – Trading 19.79. Watching.
April 11 – Closed April 7 20.76. Syria issues more than anything caused us to close it. Will watch.
March 27 – Hold. Trading 20.95. Watching for 50 MA test. SQZMOM green. MACD turned up.
March 19 – The MACD did turn up and we opened a starter position long 19.94 1000 shares March 15, 2017.
March 12, 2017 – $RSX On high watch now. Price testing 200 MA, increasing volume, MACD may turn, 20 MA to cross 200 MA.
Feb 21, 2017 – Still monitoring – no position.
Feb 12, 2017 – Decided considering geo political sentiment that I will consider a long at 50 MA or a break to upside now.
Feb 7, 2017 Alert! Although this has done exceptionally well since my first entry late 2016 I am now out of my position and am awaiting a pull back to 100 day at minimum.
$RSX Swing Trade Stock Pick – Waiting for Test of 50 MA or break to upside.
$RSX Live Chart – https://www.tradingview.com/chart/RSX/rjR7GATQ-RSX-Swing-Trade-Stock-Pick-Waiting-for-Test-of-50-MA-or-break/
BOFI Holdings $BOFI
April 20 – Trading 25.03. Bounced off 200 MA, about to test 20 MA. Waiting for SQZMOM to turn green. Earnings on deck also so likely wait for that to pass first.
April 11 – Trading 24.12. TESTING 200 Day! On high watch here for MACD and SQZMOM to turn up.
Mar 27 – Same.
Mar 19 – Same status as Mar 12.
Mar 12, 2017 – $BOFI Waiting for MACD to turn up for another long entry.
Mar 12, 2017 – $BOFI Quarterly Swing Trading Performance Review. Long Dec 19 27.84. Closed Mar 10 29.90. 1000 Shares. + 2060.00 PL 7.4% gain.
Feb 21, 2017 – Watching.
Feb 12, 2017 – $BOFI Swing Trading Stock Pick After Dec Entry – Now Waiting for 200 MA PB test on 60 minute chart below or break out.
$BOFI Live Chart: https://www.tradingview.com/chart/BOFI/krBzI22u-BOFI-Swing-Trading-Stock-Pick-After-26-18-Dec-Entry-Waiting-for/
Feb 7, 2017 Member Update! Here is another I have done well since my first entry late 2016 and I am now waiting for another pullback to at least the 50 day if not 100 day to add. Holding full position and expect a return of 6% approximately (from today’s price) in 2017. If I can get a pullback I will be very happy.
Sunoco Logistics Partners $SXL
April 20 – Trading 23.53. Watching.
April 11 – Trading 24.12. SQZMOM and MACD just turned up. 20 MA just below. Waiting – on on high watch here now!
Mar 27 – MACD starting to pinch. On watch for regaining 20 MA etc. Trading 24.10.
Mar 12, 2017 – $SXL Quarterly Swing Trading Performance Review. Long Dec 16 23.25. Closed Mar 8 25.10. 1000 Shares. + 1850.00 P/L 7.95% gain.
Mar 7, 2017 – Holding Long.
Feb 21, 2017 – Watching the 200 MA – may add pending crude oil price action.
Feb 12, 2017 – $SXL Sunoco Swing Trading Stock Pick is Performing Excellent Since Late Dec Long Position and Jan addition to this list. We are currently waiting for a test of the 200 MA on the 60 day for an add to 1000 shares or a sell. Excellent trade so far.
$SXL Live Trading Chart: https://www.tradingview.com/chart/SXL/Zxq4BCtJ-SXL-Sunoco-Swing-Trading-Stock-Pick-is-Performing-Excellent-Sin/
$SXL Sunoco Swing Trading Stock Pick is Performing Excellent Since Late Dec Long Position
US Silica Holdings $SLCA
April 20 – Trading 42.76. Closed flat 47.38 April 13. Watching. 200 MA lost.
April 11 – 47.38 Long April 6 200 share tester when MACD and SQZMOM turned up and it bounced off 200 MA. Always take a bounce off 200 MA with indicators that turn up unless there is some very compelling reason not to! Trading 50.07.
Mar 27 – Same.
Mar 19 – Same status as Mar 12.
Mar 12, 2017 – $SLCA On long position high alert watchlist for 200 MA to hold and MACD to turn up (will advise).
Mar 12, 2017 – $SLCA Quarterly Swing Trading Performance Review. Long Feb 8 55.77. Closed Feb 23 55.77. 500 Shares. +0.00 P/L 0% gain.
Mar 7, 2017 – We stopped out flat and are keeping it on watch list for now.
Feb 21, 2017 – Hold, managing stop. We like it, but it may stop out flat.
Feb 12, 2017 – We have our first entry in $SLCA at the 50 day 55.77 500 shares. We are going to watch how it handles the 20 MA. If it returns to our buy at 55.77 area we may cut bait.
$SCLA Live Trading Chart: https://www.tradingview.com/chart/SLCA/kYwi9RAO-SLCA-Swing-Trade-Member-Stock-Pick-Entry-at-50-MA-long-for-a-t/
Feb 7, 2017 Member Alert! We never did get that pull back, and I appreciate the notes from members that have done well with this swing nonetheless! However, caution is warranted entering this play with-out a pull-back.
My fifth priority is $SLCA. Again, another simple chart and it will require some patience. I see a pull-back coming and huge upside under the Trump inertia in to summer. I am looking for a pull-back to the 50 day (yellow arrow) or the 100 day preferably (blue arrow). If it gets away on me I’ll likely chase it and scale in 1/5th at a time.
$EOG EOG Resources
April 20 – Trading 93.29. Watching.
April 11 – Trading 98.22. March 29 had solid bounce off 200 MA and MACD and SQZMOM turned up. We didn’t take trade but it was a solid set-up.
Mar 27 – Regained 200 MA )per previous) waiting for MACD, Stoch RSI, SQZMOM to turn up. High alert!
Mar 19 – MACD is pinching at bottom and about to turn up! On high alert!
Mar 12, 2017 – $EOG On high alert watchlist for swing trade. 200 MA test has held. Waiting for MACD to turn up.
Mar 12, 2017 – $EOG Quarterly Swing Trading Performance Review. Long Feb 12 98.77. Closed Feb 17 98.77. 300 Shares. +0.00 P/L 0% gain. #swingtrading
Feb 21, 2017 – Stopped flat. Keeping on watch.
Feb 12, 2017 – New Entry! $EOG Resources Long entry 98.77 at 100 MA 300 shares starter. Swing Trade Stock Pick. If it fails at our entry price we will exit and re-evaluate.
$EOG Resources Live Chart – https://www.tradingview.com/chart/EOG/5pnQP44r-EOG-Resources-Long-entry-98-77-at-100-MA-Swing-Trade-Stock-Pic/
$GREK Global Greece ETF
April 20 – Trading 7.98. Closed 8.14 1500 shares April 12 when Stoch RSI turned down. Waiting on indicators MACD and Stoch RSI now.
April 11 – March 27 Long 7.91 1500 share long when MACD turned up. Trading 8.15 and tight stop. Watching close. May close on next downturn and re-enter. Interesting.
March 27 – Same. Watching.
March 19 – Same status as Mar 12.
March 12, 2017 – On high alert watchlist now – MACD about to pinch. Watching for MACD turn up.
Feb 21, 2017 – Watching.
$TRCH Torchlight Energy
April 20 – Trading 1.54 Holding.
April 11 – $TRCH Interesting premarket here also. Holding from 1.50 so not underwater now but #oil is getting really close to a YUGE wall Setting stop at entry likely.
March 27 – Same. Hold. Will add at bottom of MACD turn and other indicators turn.
March 19 – Trading 1.41 holding.
Mar 12, 2017 – Holding position. MACD turned down and will add when MACD turns up. Holding 2000 at 1.50 trading at 1.36. Near the stop loss area but for myself this is a conviction trade based on Trump and this specific company. It is also a relatively small position.
Mar 7 2017 – Holding.
Feb 21, 2017 – Holding, watching for possible add.
https://www.tradingview.com/chart/TRCH/xxpZ4uPM-TRCH-Swing-Trade/
$NG Nova Gold
April 20 – Same.
April 11 – Trading 4.88 watching indicators for life.
March 12, 2017 – $NG Quarterly Swing Trading Performance Review. Long Jan 12 5.14. Closed Feb 27 5.81. 2000 Shares. +1340.00 PL 13% gain.
March 7, 2017 – We figured in our last report we may close. Feb 27, 2017 we closed for 5.81.
Feb 21, 2017 – Hold, watching, may close position.
Feb 7, 2017 – $NG Nova Gold Swing trade members are pleased with stock pick 5.14 buy alert trade up to 6.21 (22% gain) at 5.98 now.
$NG NovaGold Live Chart – https://www.tradingview.com/chart/NG/7sroM8Ai-NG-Nova-Gold-Swing-trade-members-are-pleased-with-stock-pick-5/
The first swing of 2017 I will be entering (likely today) is NovaGold. First target is 6.46 area and second target is 7.30 area. It is currently trading at 5.10. It’s full extension is over 8.50.
https://www.tradingview.com/chart/NG/1Sz7RDKg-NG-Novagold-Swing-Trade/
Email or DM me on Twitter anytime with thoughts or questions!
Cheers!
Curtis
Article Topics; Compound Trading, Swing, Trading, Stock, Picks, $CELG, $LITE, $CALA, $SBUX, $XRT, $EXP, $FIT, $NE, $VFC, $ASM, $GOOGL, $AMZN, $JUNO, $CBMX, $OAK, $RSX, $BOFI, $SXL, $SLCS, $EOG, $NG, $TRCH, $GREK