RS_Trades

RS_Trades

Appears to be consolidating with a hammer forming today. Lot of buying at support level on the smaller time frames. Could potentially break out soon.

RS_Trades Updated 

Looking at the minute chart it seemed to not really sell off with the rest of the market today. There was strong buying at the resistance point today. Potential for a swing trade here long. I'm setting my stop slightly below resistance.

RS_Trades

If it can break recent resistance there may be a long swing trade opportunity here. This didn't really sell off while the rest of the market was today.

RS_Trades Updated 

GM had a large amount of volume in an uptrend during the overall market selloff on Friday. If it holds on Monday we could see a breakthrough to new recent highs. Check the minute chart and you'll see a ton of volume right at close while the market was doing the opposite.

RS_Trades

Not sure what to make of this. Consolidation also forming on the weekly chart, these trend lines fit there too. My main concern here is the volume is higher on the high days. The 20MA is crossing below the 50MA which could indicate a short term short trend. Earnings report is on 10/31 as well. Could breakout in either direction but it's clearly consolidating.

RS_Trades

Earnings on the 29th. Volume is higher on the sell-off days than at the top. Showing support at the 50 MA on the daily chart About to test major resistance (all time highs) on the weekly chart of ~47.50 Possible long run to 47.50 at least, more if it can break.

RS_Trades

Earnings on 10/29 and the last earnings report was positive. We could possibly see a breakout towards an earnings run up.

RS_Trades

Upcoming earnings on 10/28. On the weekly chart there was tons of volume when it bottomed out, signaling possible accumulation. Stock gapped up previous earnings and is on an upward trend. I could see this breaking out of consolidation on a run-up towards earnings.

RS_Trades Updated 

If TR bounced back and shows resistance at the 50DMA there may be a short swing position to enter. Been resistance for this stock since the beginning of July. If this breaks above the 50DMA I would hold off on taking a long position because the stock was still on a downtrend when it broke through in May and June. Possible to take a short position if it shows a...

RS_Trades

This has used the 50 Day MA as support since 5/14. It broke through slightly in early August but quickly returned back to the trend above the MA. Currently sitting at a potential trend line and the 50MA. Potential long swing trade here if this shows confirmation.

RS_Trades Updated 

KO has used the 50DMA as support 3 times since late July. It is currently showing support at it. Could potentially bounce off of it again to take a long position for a few days.

RS_Trades

Might be an overreaction after the NKLA news. Appears to be bouncing and reversing on the daily chart after bouncing off the 50 and 200 MA. Also a golden cross forming with the 50 MA crossing over the 200 MA. On the flip side, the reaction from NKLA could continue if more news comes out so maybe wait for a confirmation.

RS_Trades

NIU seems to be forming a descending triangle after a massive run up. Might be time for a healthy pullback in the coming days/weeks.

RS_Trades

Has historically bounced off the 50MA since June. 50MA crossing over 200MA Bounced off previous support on 8/18

RS_Trades

Daily chart consolidating in price. If trend continues we could see a golden cross forming in a few days which could indicate a bullish trend. These trend lines were drawn last night (9/13) and today's trading (9/14) happened to peak at the top trend.