Long-term Trades are trade or investment ideas that have the potential for significant returns over a longer-term period, typically several months or more. This category of trade ideas might be useful for the longer-term swing trader or investor looking for investment ideas to supplement their existing portfolio and prefers a less active, more hands-off approach to investing.
The WEAT (Wheat ETF) Active Long Trade gapped up to open at 7.30 today, which is where any standing sell limit orders at T1 (7.25) would have been filled, thereby providing a relatively quick 5.3% gain on the trade. T3 remains the final target at this time with the possibility of adding additional targets if [...]
WEAT (Wheat ETP) offers an objective long entry here on the breakout above this bullish falling wedge pattern. Those preferring to take quick profits could target R1 which is the 7.00 resistance level where a reaction is likely. The current final target is T3 at 7.61 (set slightly below the 7.65-7.70 resistance zone) [...]
The following notes & charts outline the entry criterion, price targets & suggested stop for a swing trade + growth & income trade in CCE (Coca-Cola European Partners plc).
With a gain of 340% in less than 3 months from entry, coupled with fact that ACBFF (Aurora Cannabis Inc) is starting to form potential divergences on the daily time frame, I may soon revise the sole & final target of 3.00 for the Active Long-Term Trade. I am also raising stops once again, in [...]
CARA (Cara Therapeutics Inc) offers an objective long entry here on this pullback to the 6.70 support level with a suggested stop below 6.00 (or higher, if only targeting T1). The suggested beta-adjustment for the position size on this aggressive trade is 0.5 (i.e.- ½ of a typical swing position size). CARA daily Oct 28th [...]
With the ACBFF (Aurora Cannabis) Active Long-term Trade profitable by as much as 231% so far today, coupled with the fact that I'm starting to see profit taking in some of the other cannabis stocks, it would be prudent to book partial profits and/or at least raise stops at this point. The official stop will [...]
The ACBFF (Aurora Cannabis Inc) Active Long-term Trade managed to poke its head above the 1.00 level for a couple of days but following the recent monster run & overbought conditions, the stock is experiencing some perfectly healthy profit taking. Next support levels at 0.88 & 0.81, both of which would offer objective add-ons or [...]