Comments on: Swing Trade Ideas 8-8-25 https://rightsideofthechart.com/swing-trade-ideas-8-8-25/ Stock Trading, Investing & Market Analysis Tue, 12 Aug 2025 16:38:47 +0000 hourly 1 https://wordpress.org/?v=7.0.3 By: rsotc https://rightsideofthechart.com/swing-trade-ideas-8-8-25/#comment-36617 Tue, 12 Aug 2025 16:38:47 +0000 https://rightsideofthechart.com/?p=217741#comment-36617 In reply to Alan.

ACN is still at long-term support with (potential/unconfirmed) positive divergences so as long as the stock market holds up, I still like it here.

The next long-term support (see my weekly chart below) on LULU comes in around 165 . However, I still think the daily chart looks constructive & if the stock market continues to hold up, I think LULU is likely to start rallying before dropping to that long-term support.

On the daily chart, I’m on watch for a bullish candlestick reversal formation OR a breakout above this bullish falling wedge pattern.

]]> By: rsotc https://rightsideofthechart.com/swing-trade-ideas-8-8-25/#comment-36616 Tue, 12 Aug 2025 16:31:27 +0000 https://rightsideofthechart.com/?p=217741#comment-36616 In reply to Eliza.

Here’s my chart of BITO with some support & resistance levels, although I will say I don’t have even a half-decent read on where it might be headed from here. If it can take out that downtrend line & 23.80ish resistance just above, that might spark a decent rally as along as Bitcoin holds up as well.

STRC looks like it just started trading (at least, under that ticker) so no chart history for me to provide an opinion on the technicals. Sorry I couldn’t be of much help on these two at this time but feel free to bump me (at least on BITO) later.

]]> By: rsotc https://rightsideofthechart.com/swing-trade-ideas-8-8-25/#comment-36615 Tue, 12 Aug 2025 16:26:04 +0000 https://rightsideofthechart.com/?p=217741#comment-36615 In reply to rugiii.

My latest thoughts on nat gas here: https://rightsideofthechart.com/unh-unitedhealth-group-breakout-8-12-25/#comment-36611

]]> By: Alan https://rightsideofthechart.com/swing-trade-ideas-8-8-25/#comment-36598 Mon, 11 Aug 2025 17:29:36 +0000 https://rightsideofthechart.com/?p=217741#comment-36598 @Randy, can I get an update on LULU and ACN? LULU broke the 225 support, Where will it bottom? I still have a small position after taking some profits. Should I hold or take the loss? ACN fell thru the 242.50 support area. I was waiting to jump in but it just keeps falling. I was going to wait until it closes above 242 and stays there before jumping in. Thoughts?

]]> By: Eliza https://rightsideofthechart.com/swing-trade-ideas-8-8-25/#comment-36596 Mon, 11 Aug 2025 09:34:39 +0000 https://rightsideofthechart.com/?p=217741#comment-36596 Randy, could you kindly talk about BITO and STRC … they both offer 9% dividends and with the current administration liking crypto, do you see these as a good place to store some cash? Thank you.

]]> By: rugiii https://rightsideofthechart.com/swing-trade-ideas-8-8-25/#comment-36594 Sun, 10 Aug 2025 17:33:27 +0000 https://rightsideofthechart.com/?p=217741#comment-36594 Randy, could u share NG plans?

]]> By: rugiii https://rightsideofthechart.com/swing-trade-ideas-8-8-25/#comment-36592 Fri, 08 Aug 2025 21:29:54 +0000 https://rightsideofthechart.com/?p=217741#comment-36592 Does QQQ weekly close not closing above last weeks high mean anything?
SPY Inside week. Quite good setup for bears if we reverse next week down or failed breakout to ATH on QQQ and reverse.

]]> By: KevinK https://rightsideofthechart.com/swing-trade-ideas-8-8-25/#comment-36591 Fri, 08 Aug 2025 20:50:49 +0000 https://rightsideofthechart.com/?p=217741#comment-36591 Don’t know if it’s a record, but the market just nosed out last Thursday’s bearish engulfing candle on QQQ in just about one week.
S&P 7000 by the end of the year….
At the rate we’re going (about 1% almost every day), maybe 7000 by the end of the month.

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