This video provides updates on all 8 active trade ideas on Right Side Of The Chart at this time along with a brief discussion of US Treasury bonds & the yield curve. The following official trades are covered in this order: BJK, CASH, GE, GRUB, IEF (and TLT), ITA, IWM & KHC. playback speed can be increased in the settings to reduce video duration
The KHC (Kraft-Heinz Co.) active Long Swing Trade + Growth & Income Trade has hit the first target today for a gain of 4.3% followed by the typical reaction off of the initial tag of a price target/resistance level so far. T2 remains the final target for now. Previous & updated daily charts:
Technical analysis highlighting some recent & potential technical developments on the US stock market as well as some of the sectors & individual stocks that stand out at this time. playback speed can be increased in the settings to reduce video duration
The following notes & chart outline the entry criterion, price targets & suggested stop for a swing trade in KHC, The Kraft Heinz Company.
Technical analysis of XLP as well as the first 10 of 25 individual stocks within XLP (Consumer Staples Sector ETF) that stand out as potential trade ideas. As a good part of this video was spent discussing various considerations & technical developments within the consumer staples sector & technical analysis in general, only 10 of the 25 stocks that stand out were covered with analysis on the remaining 15 stocks to follow in a separate video. The following ETF & stocks are covered in this order: XLP, WMT, PG, KO, PEP, PM, MO, COST, KHC, CVS & WBA playback speed can [...]
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 [...]
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 [...]