Good Morning Swing Traders and Welcome to the Compound Trading Weekly Swing Trading Part 3 “New Stock Picks” Memo for the Week of April 9, 2017! $TSLA, $SNAP, $VGX, $AAU, $AMMJ …
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 (Part 3) focuses on the new stock picks includes $TSLA, $SNAP, $VGX, $AAU, $AMMJ. These are all stocks that our members have asked us to cover.
None are immediately actionable in our opinion, however, they are all in a position to set-up very quickly now, so we will be watching them very close and all have a considerable risk – reward (the smaller cap of course have a higher possible profit).
Also, in case you didn’t catch it, we are stepping up the rotation cycle with more frequent updates going forward (immediately) and we are going to categorize our trades because we are following many more than we expected when we first started the service (coming very soon). And shortly thereafter our swing trading alert service will launch (it’s about 45 days out).
You will find our Swing Trading picks Part 1.
Protected: Weekly Swing Trading Stock Picks Mon Apr 10 $BA, $LIT, $RIG, $ABX, $XME, $EXK, $BABA, $WYNN, $NFLX… #swingtrading https://t.co/Kmktb69wSY
— Swing Trading (@swingtrading_ct) April 10, 2017
Here you will find Swing Trade Updates Part 2:
https://twitter.com/CompoundTrading/status/851766668917387265
Our Q1 2017 Swing Trading Results are available here:
https://twitter.com/swingtrading_ct/status/841079400485478400
$TSLA – Tesla
We decided to start covering Tesla because we feel it is out of the woods so to speak. There are many factors, but the bottom line is we are ready to trade this long term. It is revved right now, but it won’t be for long and we expect an entry sooner than later based on the simple charting below.
April 13, 2017 – $TSLA Daily – Waiting on Stoch RSI to bottom, MACD down and turn up with MA’s on right side for a long position.
Live Tesla Chart https://www.tradingview.com/chart/TSLA/YlcqJMzy-TSLA-Daily-Waiting-on-Stoch-RSI-to-bottom-MACD-down-and-turn/
$SNAP – SNAP
April 13, 2017 – We decided to add $SNAP to our coverage because some of our clients have asked us to cover it, plain and simple. So the challenge is that it does not have the history we like, so we have charted it on hourly for now. This is considered a high risk trade.
Live $SNAP chart – https://www.tradingview.com/chart/SNAP/lLVhJfMz-SNAP-Hourly-Waiting-on-20-MA-to-cross-up-through-50-MA-and-pr/
$SNAP Hourly – Waiting on 20 MA to cross up through 50 MA and price to be above for a long entry.
$VGZ – Vista Gold
April 13, 2017 – $VGZ – Has its 200 MA, waiting on 50 MA to cross up thru 200 MA and if price is over then long.
$AAU Almaden Minerals
April 13, 2017 $AAU Has its 200 MA waiting on 20 MA to cross up thru 200 MA and take long when Stoch RSI at bottom and MACD turned up.
$AMMJ – American Cannabis
$AMMJ Has its 200 MA, waiting for Stoch RSI to hit bottom and turn up, MACD to turn up, and price over 20 MA and 50 MA with 20 MA up through 50 MA for long.
Email or DM me on Twitter anytime with thoughts or questions!
Cheers!
Curtis
Article Topics; Compound Trading, Swing, Trading, Stock, Picks, $TSLA, $SNAP, $VGX, $AAU, $AMMJ