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	Comments on: Market Analysis &#038; Trade Ideas 2-12-24	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Tue, 13 Feb 2024 14:15:15 +0000</lastBuildDate>
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		<title>
		By: jmccallum		</title>
		<link>https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30803</link>

		<dc:creator><![CDATA[jmccallum]]></dc:creator>
		<pubDate>Tue, 13 Feb 2024 14:15:15 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30801&quot;&gt;rsotc&lt;/a&gt;.

thank you]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30801">rsotc</a>.</p>
<p>thank you</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30802</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 13 Feb 2024 13:12:12 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30799&quot;&gt;rsotc&lt;/a&gt;.

here&#039;s the chart]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30799">rsotc</a>.</p>
<p>here&#8217;s the chart</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30801</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 13 Feb 2024 13:10:56 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30793&quot;&gt;jmccallum&lt;/a&gt;.

I don&#039;t have much of an opinion on BAX although it does appear to have recently put in a potential selling climax at the lows. I do have some decent support &amp; resistance levels on my daily chart which could be used for entries &amp; exits on swing or trend positions (i.e.- long over 41; stop out or short below the &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An uptrend occurs when a security or index is making a series of higher highs &#038; higher lows.&#039;&gt;uptrend&lt;/abbr&gt; line and/or 37.37ish support below it).]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30793">jmccallum</a>.</p>
<p>I don&#8217;t have much of an opinion on BAX although it does appear to have recently put in a potential selling climax at the lows. I do have some decent support &#038; resistance levels on my daily chart which could be used for entries &#038; exits on swing or trend positions (i.e.- long over 41; stop out or short below the <abbr class='c2c-text-hover' title='An uptrend occurs when a security or index is making a series of higher highs &amp; higher lows.'>uptrend</abbr> line and/or 37.37ish support below it).</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30800</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 13 Feb 2024 13:06:35 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=213397#comment-30800</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30793&quot;&gt;jmccallum&lt;/a&gt;.

I don&#039;t have a strong opinion on TAP but here&#039;s my daily chart. Beer &amp; spirits companies are defensive stocks cuz folks don&#039;t stop drinking during a recession &amp; if anything, drink more. Doesn&#039;t necessarily mean TAP will go up when the market craters later this year ;-)  but a break above that &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;A downtrend occurs when a security or index is making a series of lower lows &#038; lower highs.&#039;&gt;downtrend&lt;/abbr&gt; line would provide an objective long entry &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;In My Opinion&#039;&gt;IMO&lt;/abbr&gt;.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30793">jmccallum</a>.</p>
<p>I don&#8217;t have a strong opinion on TAP but here&#8217;s my daily chart. Beer &#038; spirits companies are defensive stocks cuz folks don&#8217;t stop drinking during a recession &#038; if anything, drink more. Doesn&#8217;t necessarily mean TAP will go up when the market craters later this year ;-)  but a break above that <abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> line would provide an objective long entry <abbr class='c2c-text-hover' title='In My Opinion'>IMO</abbr>.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30799</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 13 Feb 2024 13:02:22 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=213397#comment-30799</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30792&quot;&gt;dbaldor&lt;/a&gt;.

URNJ doesn&#039;t have a lot of price history so I can&#039;t render a solid technical opinion but here&#039;s my daily chart with a key &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An uptrend occurs when a security or index is making a series of higher highs &#038; higher lows.&#039;&gt;uptrend&lt;/abbr&gt; line &amp; support zone just below. If bullish, one could buy pullbacks to those intersecting support levels with a stop somewhat below. If bearish, a short entry on a solid break below.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30792">dbaldor</a>.</p>
<p>URNJ doesn&#8217;t have a lot of price history so I can&#8217;t render a solid technical opinion but here&#8217;s my daily chart with a key <abbr class='c2c-text-hover' title='An uptrend occurs when a security or index is making a series of higher highs &amp; higher lows.'>uptrend</abbr> line &#038; support zone just below. If bullish, one could buy pullbacks to those intersecting support levels with a stop somewhat below. If bearish, a short entry on a solid break below.</p>
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		<item>
		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30798</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 13 Feb 2024 13:00:02 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=213397#comment-30798</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30792&quot;&gt;dbaldor&lt;/a&gt;.

Here&#039;s my daily of DNN. I think the annotations/mark-ups on this chart (compare with similar previous technicals) sends a pretty clear message as to which direction the next tradable trend will be. The trend is currently bullish without any sell signal but a break below the &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An uptrend occurs when a security or index is making a series of higher highs &#038; higher lows.&#039;&gt;uptrend&lt;/abbr&gt; line would offer an objective short entry or stop on a long position.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30792">dbaldor</a>.</p>
<p>Here&#8217;s my daily of DNN. I think the annotations/mark-ups on this chart (compare with similar previous technicals) sends a pretty clear message as to which direction the next tradable trend will be. The trend is currently bullish without any sell signal but a break below the <abbr class='c2c-text-hover' title='An uptrend occurs when a security or index is making a series of higher highs &amp; higher lows.'>uptrend</abbr> line would offer an objective short entry or stop on a long position.</p>
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		<item>
		<title>
		By: jmccallum		</title>
		<link>https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30793</link>

		<dc:creator><![CDATA[jmccallum]]></dc:creator>
		<pubDate>Tue, 13 Feb 2024 02:02:56 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=213397#comment-30793</guid>

					<description><![CDATA[Hi Randy, Anything on TAP or BAX?]]></description>
			<content:encoded><![CDATA[<p>Hi Randy, Anything on TAP or BAX?</p>
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		<title>
		By: dbaldor		</title>
		<link>https://rightsideofthechart.com/market-analysis-trade-ideas-2-12-24/#comment-30792</link>

		<dc:creator><![CDATA[dbaldor]]></dc:creator>
		<pubDate>Mon, 12 Feb 2024 23:46:45 +0000</pubDate>
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					<description><![CDATA[Hi Randy,
Can you post your thoughts on DNN and URNJ?
Thanks]]></description>
			<content:encoded><![CDATA[<p>Hi Randy,<br />
Can you post your thoughts on DNN and URNJ?<br />
Thanks</p>
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