XLP + Consumer Staples Analysis & Trade Ideas (video)

Technical Analysis of the Consumer Staples sector via XLP along with several of the top components that made offer objective swing trading opportunities. The video covers both the outlook for the Consumer Staples sector as well as the top components, many of which appear to be setting up as both long & short swing trading opportunities. As this video ran much longer than I had intended, I will follow up by posting charts on XLP and any of the stocks covered in this video that stand out as potential trading opps at this time asap. For those with the time or [...]

Sep 28, 2017 10:53am|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , , , |0 Comments

KHC Stopped Out, New Unofficial Stop above 75

During the light-volume holiday trading session on Dec 23rd, KHC exceeded the suggested stop of a daily close above 73.10 & as such, will be moved to the Completed Trades category. For those who gave the trade a little more wiggle-room, the 75.00 level is well-defined resistance in which an objective stop-loss order could be place slightly above. KHC was added as an Active Short Trade on Dec 11th at 70.02, providing a loss of 4.4% on the trade. At least one participant in the trading room is still short KHC and FWIW, I still think there is a good chance [...]

Jan 6, 2016 2:55pm|Categories: Completed Trades - Short|Tags: |1 Comment

KHC Head & Shoulders Pattern Breakdown

KHC (Kraft Heinz Company) has broken below the neckline of the H&S topping pattern, offering an objective entry here or on a close below the 200-ema (a higher probability entry but at a less favorable price). My personal plan is to establish a partial  short position here, bringing the trade to a full position on a close below the 200-day ema which currently comes in at 69.43, about 50 cents below current levels. KHC will be added as an Active Short Trade at current levels. Price targets are T1 at 65.15 & T2 at 54.97 with a suggest stop on a daily [...]

Dec 11, 2015 11:06am|Categories: Completed Trades - Short|Tags: |Comments Off on KHC Head & Shoulders Pattern Breakdown