Analysis of IHI (Medical Devices Index Fund ETF) along with 30 of the medical device companies that stand out as compelling trade ideas with above average profit potential at this time. The video begins with coverage of IHI, including some comments regarding the current active trade on that sector ETF, followed by analysis on the following stocks in this order: MDT, ABT, TMO, SYK, BSX, ISRG, BAX, EW, ZBH, IDXX, HOLX, TFX, STE, DXCM, ABMD, BIO, HRC, MASI, PODD, NUVA, PEN, GMED, INGN, OSUR, BEAT, BABY, CSII, ALOG, CRY & ARAY. note: The video playback speed can be increased up to [...]
Analysis on IHI (Medical Device Sector ETF) along with several individual medical device stocks that are setting up as attractive swing trading opportunities. Chart formations, support & resistance levels as well as potential price targets are covered on most of these trade ideas. For those wishing to skip ahead to analysis on a particular stock or ETF, they are covered in the following order: IHI, EW, ZBH, ISRG, BSX, IHI (additional analysis & price target), MDT, ABT, TMO, DHR & SYK. The ability to increase the playback speed of the video is available when viewed on YouTube (instructions below). This will [...]
This video reviews all of the official trade ideas, both long & short, that are currently listed as Active Swing Trades on Right Side Of The Chart. While the majority are still Active Trades, several of these trades have already hit their final price target or exceeded their maximum suggested stop & will be reassigned to the Completed Trades category asap. I wanted to cover those completed trades as some still look good & most importantly, suggested price targets & stops are just that; suggested. Traders & investors might opt to use their own targets & stops that are inline with [...]
BSX (Boston Scientific Corp) played out exactly as predicted 6 weeks ago with a move down from S2 to the first target, followed by reaction (bounce/consolidation) & then a continued move down to backfill the gap & hit T2 for a gain of about 15%. The first chart below is a screen-shot taken from the Oct 18th Medical Device Sector Analysis & Trade Ideas video followed by today's updated chart. In that video, I had covered the charts of my top picks for short trades in the medical device sector; MDT, ABT, SYK, BSX, ISRG, ZBH, EW & VAR [...]
The following video provides an update on all of the recent official short trade ideas on Right Side Of The Chart, including all Active Short Trades as well as a few that had recently hit one or more profit targets or exceeded their maximum suggested stop. The following trade ideas are covered in this order: ATVI, AVGO, ISRG, IWM, MO, NVDA, QQQ, SBUX, SMH/SOXL, TSM, WB, WFC & YHOO.
ISRG (Intuitive Surgical Inc) has hit the first target, 648.25, for a 5.9% gain from entry. Consider booking partial or full profits and/or lowering stops if holding out for T2, which is still the final target as of now. I still may very likely extend the final target to the 665ish area (potential T3) but need to see the "Trump Pump" faded first in order to help firm back up the intermediate-term bearish outlook for the broad market to confirm the likelihood of ISRG falling another 13% or so. Original & updated daily charts:
This video provides an overview of the Active Short Trade Ideas currently listed on Right Side Of The Chart along with a brief overview of the broad markets as well as a few of the unofficial short trade ideas that stand out. The following stocks/ETFs are covered (although not in this order) SPY, QQQ, ATVI, AVGO, ISRG, MO, SBUX, SMH, SOXL, SOXX, UEIC, WB, YHOO, MDT, ABT, BSX, ZBH, & EW