Long Trade FSLR
1 year ago
Long Trade CF
CF has declined rapidly after breaking its uptrend line in April. Last four weeks have formed at least short-term bottom on weekly chart. Weekly FI(2) has formed higher lows on pullbacks and FI(13) is looking up even if it still is below the zero line. Weekly impulse is Blue.
The daily chart shows false downside breakout and sharp rally from the bottom followed by consolidation period. CF broke out of that consolidation last Friday.
No execution.
MENT Long trade from a pullback to the value zone or a breakout play above the 9.75 level. I prefer the pullback.
June 22 @ 10:48 Entry @ 9.41 STOP @ 8.88
Long Trade LMT
Long Entry @ 80.56
Stop Loss @ 77.00
1st Target @ 84.00
2nd Target @ 88.00
Our weekly impulse system gives us permission to buy (blue).
Worden Stochastic X-over on Weekly chart.
Impulse is Green on daily chart. Trading just above the 50’s. GAP 78.90-79.19 acts as a support as well as 13d, 22d and 50dEMA.
FI(2) pullback to zero gave us the buy signal confirmed by stochastic X-over on hourly chart.
Good looking move. It’s now a buy all weakness market short term. SPY trading nicely above the 200hEMA for the first time since May 3th.
