Get It From A Pro: Hardcore Analysis On The S&P, NFLX & IBM

January 19, 2017

Shady Rumor On CSX Yields Awesome Short Trade: See It Here

January 19, 2017

Use The Bigger Time-frame To Find Major Trade Levels

January 19, 2017

Alcoa Corp Continues Surge, Here Is How You Calculate The Exact Target $AA

January 19, 2017

More talk of imposing a tariff on China metal imports sent Alcoa Corp (NYSE:AA) soaring. The stock is becoming a favorite recipient for Donald Trump’s rhetoric on trade tariffs. As the stock surges higher, calculating the final target becomes extremely important both for investors holding the stock long and investors looking to short it. To calculate this target, investors need to note the perfect measured move in progress. Notice on the stock chart below how the first move up was $12, from $20 to $32. Then note the perfect bullish consolidation sideways, prior to the breakout. To figure out the target, simply take that same $12 move and add it to the low of the current surge. The low is $28, so adding $12 gives you a final target of $40. In other words, Alcoa Corp still has another $5 of upside before it slams into mega resistance and becomes a short trade. Long investors can enjoy the ride for another 15% upside.

Gareth Soloway

InTheMoneyStocks


These Biotech/Pharma Stocks Just Signaled A Big Buy

January 18, 2017

Bullish Retrace Complete: Here Is The Chipotle Mexican Grill (CMG) Profit Target

January 18, 2017

After recently breaking out (I caught that trade perfectly), Chipotle Mexican Grill, Inc. (NYSE:CMG) has slowly pulled back to what we call the ‘scene of the crime’. The ‘scene of the crime’ is a retrace back to the breakout level. Think of it as a digestion of the breakout. Once the move been digested, the stock can surge dramatically higher again. This is exactly what has played out on shares of Chipotle Mexican Grill, Inc. (NYSE:CMG). It broke out above a major resistance trend line, retraced back to the breakout line, and is now starting its move to the upside. The big difference this time? It should surge dramatically higher to $550.00 as a target. That is a huge upside move.

 

 

Gareth Soloway

InTheMoneyStocks


Watch These Trade Levels For The Leading Financial Stocks

January 18, 2017