Technical analysis & trade ideas on various asset classes including the Euro, US Dollar, the major stock indices, precious metals, & various commodities. Silver or Gold level access initially required.
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Swing Trade Ideas 1-8-21
2021-01-08T11:06:10-05:00Jan 8, 2021 11:06am|Categories: Equity Market Analysis, Forex (Currencies), Gold & Commodities, Subscriber-only Content, Unofficial Trade Ideas|Tags: $COFFEE, $copper, $COTTON, $GOLD, $NDX, $PALLADIUM, $PALTINUM, $SILVER, $SOYBEANS, $SPX, $SUGAR, $WHEAT, /GC, /HG, /NQ, /SI, BAL, CANE, CORN, CPER, DBA, GLD, JJG, JO, PALL, PPLT, QQQ, SGG, SLV, SOYB, SPY, TSLA, WEAT|6 Comments
Hi Randy, If TSLA corrects do you think NIO would too?
I would bet all my money on that correlation but I might not bet on TSLA correcting.
@Becky – Are you in CNX? Do you have a target in mind? Seems as though its hitting against the near term ceiling again.
I remember it being mentioned, I looked at a long term weekly chart back in the day but never entered a position. Just didn’t look interesting to me. (Ignore 50/200 MA on the chart, they are pre-filled by default, should be 10/40 for weekly). The stock is in fact above 10/40 MAs on weekly.
oh, for some reason in my head I thought you brought this one to the table. Extra thanks for the legwork.
I believe it was first brought up here: https://rightsideofthechart.com/swing-trade-ideas-12-11-20/#comment-21022
Although I chart a lot of things so I might have posted it after. But I remember that’s how I discovered this company.
On a side note: It’s a shame that silver members are forced to communicate over public posts, just kinda irrelevant to @rsotc update. I wish it was possible to follow people and talk directly to each other via personal updates with silver plan too. I just hit the paywall if I attempt to visit someone’s personal update, but I can see them when directly mentioned in an update.