The trade ideas have now been updated meaning that stocks/etf's listed in the Trade Setups category (longs and shorts) have either yet to trigger an entry or they are Active Trades that either still offer an objective entry around current levels or my be close to triggering another entry or add-on, such as the break [...]
SWHC will trigger a short entry on a break below this Ascending Broadening Wedge Pattern, which has formed following the recent breakdown of the stock's primary uptrend line and subsequent bounce off support. T2 (6.18) is the current preferred & final swing target at this time. Stops TBD upon entry.
I've put together a video covering the Aerospace & Defense Sector and a dozen of the individual components with charts that stood out to me. As a lot has happened in the markets over the last few weeks that has damped the longer-term bearish case and strengthened the bullish case, a dilemma has developed lately [...]