One of Today’s Featured Trade Ideas
ACTG/Long (Industrials) ACTG is one of our Rounded Bottom Breakout strategies that has started a low-high/higher-low/higher-high trend.
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today. Click here to learn more
Something to think about: Focus on the best trades for you. Study stock charts and identify high probability setups. Start with one or two trade setups, master them and then add more setups.
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ACTG Trading Plan (Entry, Stop, Target) Click Here
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One of Today’s Featured Trade Ideas
TACO/Long (Restaurants) Del Taco Restaurants broke out big time in early March soaring to the $17 area. On May 20, profit taking started to plague TACO pushing price down below its 50-day simple moving average. For little over a month, price walked just underneath the 50-day simple moving average and has now closed back above the 50 SMA. TACO may be headed to retest the May highs, and from there it may be positioned to break out to new highs
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today.
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Something to think about:
Rule #27 Gaps are gifts
TACO Trading Plan (Entry, Stop, Target) Click Here
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One of Today’s Featured Trade Ideas
DGX/Long (Healthcare Diagnostics and Research) On July 8, DGX found support on the 200 SMA and a double bottom bouncing back above the big three creating a high, then pulling back the last several days creating a higher low finishing yesterday with a bullish morning star signal and what we call a moving average squeeze.
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today.
Click here to learn more
Something to think about:
Rule #24 Cash is a position, too.
DGX Trading Plan (Entry, Stop, Target) Click Here
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