It just hit the lower rail of a six month uptrend channel and the stochastic indicators made a bullish crossover from oversold territory.
Category: Option Trades
Trading iShares MSCI Eurozone ETF (NYSE: EZU) Could Double Your Money in Two Months
by •
In a five month trend channel, we’re seeing a similar setup to January when it rallied nicely over the next few months.
Dick’s Sporting Goods (NYSE: DKS) Looks Ready for a Bounce
by •
With the stochastic indicators close to oversold territory and making a bullish crossover last night, we’re targeting a 75% potential return by mid-August.
Look for Keurig Dr. Pepper (Nasdaq: KDP) to Rally Sharply Over the Next Few Weeks
by •
In a nice trend channel since last October, it just hit the lower rail and could now make a bullish move.
Trade Airbnb’s (NASDAQ: ABNB) Drop for a Potential 75% Return in Two Months
by •
It recently hit the upper rail of a trend channel and there’s a secondary layer of resistance with the 50-day moving average just overhead.
Look For Financial Select Sector SPDR Fund (NYSE: XLF) to Make Another Big Move to the Upside
by •
Trending higher since October, the stochastic indicators are in oversold territory and made a bullish crossover last night.
Look for Freeport-McMoRan (NYSE: FCX) to Rally Sharply From Here
by •
Trending higher over the last nine months, it’s at the lower rail of a well-defined up channel.
Trade Exact Sciences’ (NASDAQ: EXAS) Drop to Potentially Double Your Money in One Month
by •
Trending lower over the last four months, it’s now overbought based on both the RSI and the stochastic indicators with the latter making a bearish crossover last night.
Trade the Bounce in Ball Corp. (NYSE: BLL) to Potentially Double Your Money in Two Months
by •
With the weekly stochastic indicators hitting oversold territory and the $80 level now acting as support, it looks ready to rally.
Trade Barrick Gold (NYSE: GOLD) to Potentially Double Your Money by mid-August
by •
Its trend channel is tight and the risk/reward relationship makes sense as the stochastic indicators made a bullish crossover last night.