Subscribe to SRT
Stock Symbol Cloud
Category Archives: Long Trades
Here are some price targets for short-term trades: GOOG – reaching oversold territory ($876), may be a good day tomorrow (8/14) to initiate some calls. AAPL – not done yet after today’s monster run. We should see at least 520 … Continue reading
WLT finally broke out of the 3 month downtrend. We alerted our members of possible breakout on 5/8. If you jumped the gun, but held on then you are rewarded today (and possibly for weeks to come). Conservative price target … Continue reading
ADI is forming a textbook WV pattern. There is only one way: UP UP UP!
WMT had a technical breakout today, however, earnings will be announced before market open on 5/16/13. Anything can happen and traders should keep an open mind. Trade long on break of today’s high of $79.96 and trade short on break … Continue reading
C closed above a 2 month wedge. We are biased long in C, however, use today’s hod ($48.05) as entry point just to make sure there is follow through buying. If this breaks out, we expect a $5 move to … Continue reading
Where is AAPL going? We say up until it tests the upper trend line ($450ish) However, respect the market, use today’s high & low as tomorrow’s support & resistance and trade accordingly. Remember, slow & steady wins the race.
BBRY BBRY closed above a 3 month wedge. This should be a $6 move if the breakout continues (price target of around $22). As confirmation, enter long on break of today’s high ($15.68) and higher than today’s volume. DOW Today’s … Continue reading
Special thanks to Thanh C. from our SRT Mastermind Group with this high probability trade for tomorrow. AXLL closed above its 10 and 50 day SMA with stochastics indicator just coming out of the oversold territory, and MACD beginning to … Continue reading
AMZN AMZN breezes through its 50 day Simple Moving Average (SMA) line, and closed above the downtrend line (top blue line). Expect another up tick for tomorrow. EBAY Another one to watch for tomorrow is EBAY. There is nothing bearish … Continue reading