Member @ruben made a request for the charts of NFLX, BA & GIS within the trading room. As each of these look like potential trading opportunities (the former 2 as shorts & the latter as a long trade), I figured that I would post the charts here on the front page for any members that [...]
This video covers the consumer staples sector via XLP as well as some of my favorite individual stock trade ideas within the sector. Please log in or sign up for your free 3-week trial to view.
The following Short Trades have been moved to the Completed Trades category as they have either exceeded their suggested stop (or any reasonable stop criteria, if none listed) or they no longer look compelling from a risk/reward perspective: AMTD: Regained the uptrend line shortly after the breakdown & went on to exceed any reasonable stop. [...]
From time to time, I will share a reply to a question that I've received which might have some usefulness to others following the trade ideas or market commentary on RSOTC. The following trades; GRA, HSNI, GIS, & ABG, as well as my thoughts on the market are discussed below: Question: I must ask if [...]
GIS daily Jan 29th GIS (General Mills Inc) will offer an objective short entry on any move below today's LOD of 48.06 with prices breaking down from this Head & Shouders topping pattern. T2 at 43.22 is my preferred & final swing target at this time. Although the stock is currently trading slightly [...]