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Market Analysis & Trade Ideas (video)

Technical analysis on the US stock market providing the near-term outlook & price targets followed by the outlook for crude oil & the energy sector as well as various swing trading ideas. An update to the recent XLU swing trade is also provided towards the end of the video.

2018-08-20T14:16:50+00:00Jan 10, 2018 10:29am|Categories: Equity Market Analysis|Tags: , , , , , , , , |3 Comments

3 Comments

  1. rsotc January 10, 2018 11:22 am at 11:22 am

    I should have included GE as one of the swing trade ideas in this video. After a recent failed break above the aforementioned 18.62 resistance level, the stock pulled back to the 18.08 support level with a successful test & rally off that level to take out the 18.62 level today as well as last week’s reaction high.

  2. btm January 10, 2018 3:56 pm at 3:56 pm

    So the fist target price is around 20, Randy? Im using Mac Pro, some how I can not scroll down so I cannot see last time you posted. Thank you.

    • rsotc January 10, 2018 5:45 pm at 5:45 pm

      I haven’t zeroed in on any price targets for GE yet but I will do so soon. Right now I’m looking at GE as a potential bottoming play. However, I do think that the first significant resistance will come in around 20 which is around the bottom that consolidation zone (bear flag) before the last plunge.

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