Clicky

  
  • ENDP - Apr 04 201820180404


The “Long-term Trades- Completed” category lists trade ideas from the Long-term Trades category 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 Long-term Trades- Active category, these trades and all associated posts will be archived indefinitely in the Long-Term Trades- Completed category for future reference.

GE Second Price Target Hit for a 14% Gain

The GE (General Electric Co.) active long swing trade + growth & income trade has hit T2, 15.22, for a gain of 14.2% in less than 6 weeks from entry. Consider booking partial or full profits and/or raising stops if holding out for T3. Original & updated daily charts below.

GE Trade Update

The GE active Swing Trade + Growth & Income Trade idea is closing in on the second price target. GE also fell just shy of T2 on April 20th, pulling back to the T1 (support) with the stock forming what appears to be the right shoulder of a potential Inverse Head & Shoulders bottoming pattern with the neckline of that pattern roughly inline with T2. The stock might have a reaction (minor pullback and/or brief period of consolidation) here soon around the neckline and 15.31 resistance level which T2 is strategically set just below. However, an impulsive breakout above [...]

CVS Final Price Target Hit for 10.4% Profit

I'm doing some housekeeping today by updating the trade ideas which have recently hit one or more price targets and/or exceeded their maximum suggested stop. Most or all of these trades were already highlighted reaching their price target(s) or stop in recent videos & trading room posts. However, all official trade idea, successful or not, will always have a final update posted on the front page when all their associated posts are reassigned to the Completed Trades archives for future reference. The CVS (CVS Health Corporation) Long Swing Trade + Growth & Income Trade hit the second & final target, T2 [...]

2018-05-03T15:44:13+00:00 May 3, 2018 3:44pm|Categories: Completed Trades - Long, Growth & Income Trades- Completed|Tags: |0 Comments

GE First Price Target Hit for 13% Profit, T2 Close

The GE (General Electric Inc) Swing Trade + Growth & Income Trade hit the first target yesterday for a 13.4% gain & has gapped up close to T2 today, increasing the odds that T2 will be hit soon unless the broad market moves sharply lower in the coming days, which looks increasing likely based on the recent trendline breaks on the major stock indexes. Previous & updated daily charts: I'm considering revising the final target for the swing trade to T2 & possible leaving the final target for the Growth & Income Trade as T3 but will post another [...]

CVS First Price Target Hit for 5% Profit

The CVS (CVS Health Corp) Active Swing Trade + Growth & Income Trade idea hit T1 for a 4.8% profit on Monday & is has been consolidating around that level since. T2 remains the final swing target at this time with the possibility of an additional price target added soon although Growth & Income investors might opt to let the position ride with a trailing stop at this point. Previous & updated 60-minute charts:

2018-04-18T14:48:16+00:00 Apr 18, 2018 2:48pm|Categories: Completed Trades - Long, Growth & Income Trades- Completed|0 Comments

ENDP Stopped Out After Hitting T1 & Reversing Just Shy Of T2

The ENDP (Endo International PLC) swing trade hit the maximum suggested stop of any move below 5.60 yesterday, resulting in a 19.3% (or 15.4% beta-adjusted) loss for those that did not book partial or full profits at T1. ENDP daily April 4th ENDO was entered as a long trade on Nov 10th at 6.93, going on to hit the first target for an 8% gain one week later. After the typical considation & several successful backtest of the T1 former resistance, then support level, Endo resumed the uptrend to come within 10 cents or 1.1% of the second target [...]

2018-04-04T15:32:55+00:00 Apr 4, 2018 3:32pm|Categories: Completed Trades - Long, Long-Term Trades- Completed|Tags: |0 Comments