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Long Trade Ideas (video)

An overview of the active long trade ideas plus several other long trade ideas that look compelling at this time, both swing trades as well as longer-term Growth & Income trade ideas. The video starts out covering the Active Long Trade ideas, followed by about 9 unofficial but compelling trade ideas. For those wising to skip ahead to a particular trade, the following stocks are discussed in this order: ABY, LL, MOS, NAT, PEIX, POT, SOYB, WMB, NRF, SPLS, CSX, BBD.B.TO, FXI, RSX, EWA, & EWC.

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Apr 14, 2016 10:12am|Categories: Unofficial Long Ideas|Tags: , , , , , , , , , , , , , , , , |8 Comments

8 Comments

  1. HiddenPivots April 14, 2016 10:16 am at 10:16 am

    Randy, BITA if pattern plays out as I expect it could be a big winner.
    Can I get your chart take on BITA please!

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    • rsotc April 14, 2016 10:46 am at 10:46 am

      HP- BITA is my kind of chart. Lots of moving parts but in a good way. I’ll either post it here or on the front page (tagging you so you’ll get a notification) in a bit.

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      • HiddenPivots April 14, 2016 10:50 am at 10:50 am

        Thanks Randy, stock needs to take out 29-30 then it’s off to the races!

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      • HiddenPivots April 14, 2016 10:56 am at 10:56 am

        BITA wo you wait for a breakout on entry if you were going to go long it?

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        • rsotc April 14, 2016 11:54 am at 11:54 am

          HP_ I’ve since posted BITA on the front page as an official setup (thanks!). Although I set a price alert for a break above that downtrend line, which very well could prove to be the catalyst for a rally & I might take a starter position there personally, I believe the higher probability, albeit slightly less favorable entry (price-wise) would be to wait for that horizontal resistance zone that lies just above the downtrend line to be taken out. That will be the official entry & where I would likely add-on or take my initial position if I don’t already have one at the time.

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  2. dan123 April 14, 2016 11:16 am at 11:16 am

    thank you Randy for the video, good stuff

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  3. pangblood April 14, 2016 11:37 am at 11:37 am

    Thanks Randy
    In regards to the LL trade, how do you view the low volume breakout, and also the failed bull flag
    The 5 min chart also seems to be making a h&s pattern

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    • rsotc April 14, 2016 11:48 am at 11:48 am

      Not crazy about either of the lack of follow-thru following the 5-minute chart bull flag b/o nor the low volume (which I mentioned in the video update today) but the reason for taking the trade based off the daily chart & still intact & I’m already in the trade so I’ll stick with it until stopped out or my profit target(s) is hit. Again, not the follow-thru I was hoping for so far but nothing to make me want to muck my hand yet either (a poker term for folding or throwing away your cards which is a metaphor I’ll often use to when closing a trade early).

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