The trend reversal patterns are set up for it to move lower for the next few weeks.
Category: Option Trades
This JD.com (Nasdaq: JD) Stock Trade Could Double Your Money in About Two Months
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•The underlying stock’s daily stochastic indicators are in oversold territory and made a bullish crossover on Friday. The last few instances where this has happened have been pretty solid bullish signals.
This Deere & Co. (NYSE: DE) Trade Targets a 75% Return in Five Weeks
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•At the lower rail of a seven month trend channel, the underlying stock is oversold and made a bullish crossover last night. The last three times this happened, the stock rallied sharply.
Trade American Airlines’ (Nasdaq: AAL) Drop for a Potential 75% Return in 10 Weeks
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•With a very concerning weekly chart, the stock came close to hitting the upper end of the trend line early in the day yesterday before dropping sharply.
Trading Daqo New Energy (NYSE: DQ) Could Double Your Money in About Five Weeks
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•With great fundamental readings, the underlying stock has been consolidating for two months and now looks to have support.
Pluralsight (Nasdaq: PS) Could Potentially Double Your Money in 6 Weeks
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•The underlying stock is in overbought territory and yesterday its stochastic readings made a bearish crossover. Look for it to make its next move lower in the coming weeks.
Trade Carrier Global (NYSE: CARR) to Potentially Double Your Money in 6 Weeks
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•The stock hit the lower rail of its trend channel this past week and looks primed for a move higher.
PPL Corp. (NYSE: PPL) Trade Targets a Potential 100% Return by mid-January
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•The underlying stock’s daily stochastic indicators made a bullish crossover last night and the last time that happened, it was a good sign for the stock.
Trade Eli Lilly’s (NYSE: LLY) Move Lower for a Potential 75% Return in 6 Weeks
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•In a downtrend since July it just hit the upper rail of the channel and appears to be turning lower now.
Trade Centene (NYSE: CNC) to Potentially Double Your Money by mid-January
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•If it makes similar moves to those it made in the past, it could jump over 20% in the next few weeks.