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Long Trade Ideas Update (video)

What started out as a 'quick overview' of the Active Long Trade ideas currently listed on the site, morphed into a longer video going discussing the outlook these long-side trade ideas as well as some trading tips & suggestions several ways in which to profit from the official trade ideas listed on the site. As this video is quite extensive, one could skip ahead to view the comments on any positions or trade ideas they are interested in.

Start to 7:00 - An overview, including tips on how to use the Trade Ideas categories on RSOTC.
7:00 - Update on the ABY Active Long swing trade & Growth & Income Trade idea.
9:42 - Update & additional notes on the recent CHK long trade.
13:06 - CLF, which just backtested the primary downtrend line, offering an objective new long entry.
16:50 - KEX update
19:05 - MBII update
21:35 - NAT Swing trade & Gr & Income trade update
26:38 - UNG/natural gas update
32:46 - PEIX update
35:07 - POT swing trade & Gr & Income trade update
39:00 - SUNE already hit first profit target then exceeded suggested stop but charts still look constructive, longer-term potential
40:60 - VHI update
I accidentally skipped over the MOS swing trade & Gr & Income trade although that one still looks fine longer-term & has been consolidating just below the T2 level since hitting that second price target recently.

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2017-08-22T21:05:04+00:00 Mar 14, 2016 4:18pm|Categories: Completed Trades - Long, Growth & Income Trades- Completed, Long-Term Trades- Completed|Tags: , , , , , , , , , , |5 Comments

5 Comments

  1. andresnunes March 14, 2016 7:25 pm at 7:25 pm

    Good stuff, any plans for shorts video? Timing could be perfect for FED moving the market down…

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  2. joefriday March 14, 2016 8:37 pm at 8:37 pm

    Fabulous Randy!… gotta say very impressed with this site….keep up the great work!

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  3. Gaucho March 16, 2016 6:48 am at 6:48 am

    Hi Randy, great explanation and very detailed for newcomers.

    Yesterday PEIX has closed the gap (in the 60 min chart) when it reached 4.73. After this PEIX started climbing.

    Is this what you expect or after going down 4.94 during yesterday is a break down?

    Regards
    Osvaldo

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    • rsotc March 16, 2016 11:56 am at 11:56 am

      @gaucho 4.90 is pretty decent support on PEIX so barring any relatively brief intraday moves below that level, if it holds that would be quite bullish for the stock. However, there’s also an uptrend line that I’ve drawn off the Feb 24th 10:00am candlestick (60-minute chart, log scaling) which comes in just below that so I’m fine if PEIX wants to test that as well. Longer-term (daily & weekly) charts still look quite constructive as of now but I’m just not very confident whether the stock needs more of a rest or deeper pullback before the next thrust up to the T2 level (6.15). How crude oil trades in the coming days/weeks is likely to have an impact on PEIX. G-luck.

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      • Gaucho March 16, 2016 6:15 pm at 6:15 pm

        Hi,

        Do you mean that if the crude-oil goes down PEIX also?

        I’ve drawn both in the same chart (USO and PEIX), from december until the end of February it is ok in the 60 min chart (I was not able to cut & past the chart here, to share it).

        But after Feb 29 PEIX started to grow more quickly than USO.

        Regards

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