Threw together some drawings on the MGK chart, but the same pattern can be seen on AMEX:SPY AMEX:VTI or other big indexes. I feel like the failure of NVDA to push higher on a very positive earnings report is sort of the canary in the coal mine here. Everyone knows about the inverted yield curve and how attractive interest rates are. Why Gamble on stocks at...
Think this is a little extended here, so I'd wait for a pull back to 19.60-19.85 to add some more, but think this looks like a stellar long-term play. Nice 5+yr base (2013-late 2018), Paying 5.1% with a steady dividend and a reasonable P/FFO. I posted my original trade on 9/30 over here, www.forexfactory.com
Interesting divergence between this one and CAT... Although CAT also looks like it might be perking it's head up from a steady downtrend since late 2017/early 2018.
Keeping an eye on this one. No position currently.
Looks like a pretty low risk stock to buy here. Stop below $30 or maybe even just $32.
A buddy of mine calls this a zero, but it doesn't need to be for this short to work quite well. Stop ~$115ish....
Cup & Handle on WYN? Or just a simple breakout. You be the judge.
I've been long a few weeks already but looking to add on more if it can hold above $100. Like this as a (tangential) pot legalization play as well. Playing this as a breakout, but if you squint your eyes, kind of looks like an inverted head & shoulders pattern. 2% dividend / 25x earnings. Not super cheap, but nice growth, margins, ROE, etc. As I said, I'm long...
Also just messing around w/ the old Cup & Handle highlighting on TradingView.
Like the Hammer/pinbar here. Long with a fairly tight stop, so position size can be fairly large if so desired. Also clipping a 5% dividend in the meantime. NYSE:T
Can't remember if I ever published this one, but I'm long both these stocks (this is just an average of the two companies) and I'm anticipating a breakout.
Here's another good one. Does nothing for many years and now finally breaking out, with good volume and rising relative strength. 24x earnings / 2% dividend yield while you wait. You'll sleep well at night holding this one.
Hitting $100 for (one of) the first times. I'd be a buyer here with a stop somewhere below $100.
For those that believe in Trend lines, this could be an interesting one. A former IBD beauty queen is back down to support(??) here. Could be worth a shot long with fairly tight stop below $28 for a decent risk/reward trade. Btw, first TradingView idea, so I may need to modify this if the chart doesn't come through correctly (Weekly only).
Interesting point on the chart here. Trendline on the daily and then a bit of prior support/resistance. I am long physical as a longer-term play, but here we could see a pull back. Still long term bullish even with rates rising here in the US. Think current admin WANTS a weaker dollar...whether they get it or not is anyone's guess. The US is one of the only...