Completed Trades are trade ideas that have hit one or more of their price targets. Many trade ideas will list multiple targets as some traders might choose to hold some or all of the position for an additional target(s) after the initial target is hit. Therefore, many trade ideas on this site will often appear in both the “Active” and “Completed” categories simultaneously. Trades are removed from the Active Trades Category either upon hitting the final target or if stopped out before then. Once removed from the Active Trades category, these trades and all associated posts will be archived indefinitely in the Completed Trades category for future reference.
The XLV (Health Care ETF) short trade has hit T2 (69.20) for a 4.4% gain. Consider booking partial or full profits and/or lowering stops, depending on your trading plan. T3 remains the final target for now. XLV daily June 24th
The following Short Trades have either hit one or more profit targets and/or exceed their maximum suggested stop & will be moved to the Completed Trades category, where all associated posts will be archived for future reference. ADP: After reversing about 1.25% shy of the first price target, ADP went on to slightly exceed the [...]
The FL (Foot Locker Inc) short trade has hit the final target (51.60) for a 23.2% profit. Despite my bearish outlook for the broad market, the R/R no longer warrants remaining short in FL as the stock is at major support with bullish divergences in place. Consider booking full profits as FL will now be [...]
The 11.84 level has been a key support/resistance level posted on my 60-minute charts since the first day of the month. Further validation of that level has come so far today as USO has struggled at that level all day so far. USO just took out 11.84 with a 1-minute stick close above (as I [...]
The following commentary & chart outline the entry criteria, price target & suggested stop for a trade in GLPI, Gaming & Leisure Properties Inc. Please login or sign up for your free 3-week trial to view.
Despite crude prices rallying over 10% in the same time period, XOP is only up about 3% since the 4/29 short entry. As I had apparently neglected to list a suggested stop earlier, the official stop for the XOP/GUSH trade will now be set to any move above today's high of 38.28. XOP 60-minute [...]
After hitting the first two targets & reversing shy of the final target, GDX is current poised to gap just below the suggested stop of a 60-min close above 26.10. With resistance overhead in both GDX & GLD, this one is going to be close but I do not plan to modify the stops. GLD [...]