Thursday, December 27, 2018

RL for Dec 27

Today's reversal levels for major indexes and some popular stocks:
  • Speculative Buy signal for S&P 500.
  • Ongoing partial profits signal for Bonds TLT.
  • Speculative Buy signal for Oil.
  • Sell signal for Wheat. Failed rally.
  • Buy signal for DLTR.
  • Speculative Buy signal for AAPL, CHK, DDD, GILD, RIG, ROK and SNH.
  • Bullish divergence for IBKR.

  • Hover or tap on an item in the Action column to see strategic advice for the stock.
  • Hover or tap in the "Days" column to see the start date and price for current position.
  • Hover or tap in the weekly trend ("Tr") column to see the weekly reversal level.

Daily reversal levels as of the close on December 26, 2018
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX2467.70
10Has been in bearish trend for 10 weeks. Weekly RevL: 2790.19
2590.31-8.56 ▼
14Sold on 06-Dec-2018 @2663.51
7.35%
spBuySpeculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Japan - Nikkei^N22519327.06
8Has been in bearish trend for 8 weeks. Weekly RevL: 22557.14
21121.04-9.03 ▼
14Sold on 06-Dec-2018 @21766.50
11.21%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
UK - FTSE 100^FTSE6685.99
16Has been in bearish trend for 16 weeks. Weekly RevL: 7271.06
6876.34-3.94 ▼
56Sold on 08-Oct-2018 @7318.54
8.64%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Germany - DAX^DAX10633.82
19Has been in bearish trend for 19 weeks. Weekly RevL: 11813.30
10991.33-4.91 ▼
12Sold on 06-Dec-2018 @11053.58
3.80%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Australia - AOI^AORD5559.60
10Has been in bearish trend for 10 weeks. Weekly RevL: 6099.20
5716.31-5.22 ▼
29Sold on 14-Nov-2018 @5922.60
6.13%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Brazil - BOVESPA^BVSP85136.10
11Has been in bullish trend for 11 weeks. Weekly RevL: 82007.91
87575.28-2.63 ▼
10Sold on 11-Dec-2018 @85918.08
0.91%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
20+ Y Tr. Bond ETFTLT120.02
2Has been in bullish trend for 2 weeks. Weekly RevL: 115.68
117.558.85 ▼
25Bought on 19-Nov-2018 @114.41
4.90%
pPPartial profits signal. Good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Gold (spot)$XAUUSD1266.90
2Has been in bullish trend for 2 weeks. Weekly RevL: 1220.76
1240.504.77 ▲
16Bought on 04-Dec-2018 @1230.96
2.92%
Partial profits signal. Good chance to take some money off the table. Can also be used for shorting with QuickTarget.
EURUSD$EURUSD1.1351
33Has been in bearish trend for 33 weeks. Weekly RevL: 1.1613
1.13390.90 ▼
4Bought on 21-Dec-2018 @1.1445
-0.82%
Partial profits signal. Good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Bitcoin$BTCUSD3848.78
38Has been in bearish trend for 38 weeks. Weekly RevL: 5735.79
3750.663.35 ▼
6Bought on 21-Dec-2018 @4137.66
-6.98%
Partial profits signal. Good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Oil (CL)@CL46.22
8Has been in bearish trend for 8 weeks. Weekly RevL: 60.75
54.52-7.51 ▼
52Sold on 12-Oct-2018 @70.99
34.89%
spBuy++Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Wheat (ZW)@ZW510.00
1Has been in bullish trend for 1 weeks. Weekly RevL: 500.25
522.021.05 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.

Daily reversal levels as of the close on December 26, 2018
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL32.29
2Has been in bearish trend for 2 weeks. Weekly RevL: 38.78
34.38-6.01 ▲
12Sold on 10-Dec-2018 @33.67
4.10%
Mode turns bearish. Sell at next Open.
Apple Inc.AAPL157.17
6Has been in bearish trend for 6 weeks. Weekly RevL: 203.50
176.63-8.26 ▼
35Sold on 05-Nov-2018 @204.30
23.07%
spBuy++Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Adecoagro S.A.AGRO6.76
16Has been in bearish trend for 16 weeks. Weekly RevL: 7.84
7.04-3.76 ▼
31Sold on 09-Nov-2018 @7.48
9.63%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Amazon.com Inc.AMZN1470.90
8Has been in bearish trend for 8 weeks. Weekly RevL: 1772.30
1579.35-6.56 ▼
7Sold on 17-Dec-2018 @1566.00
6.07%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
AeroVironment, Inc.AVAV66.44
3Has been in bearish trend for 3 weeks. Weekly RevL: 87.70
76.48-5.64 ▼
24Sold on 20-Nov-2018 @91.73
27.57%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Bank of AmericaBAC24.11
12Has been in bearish trend for 12 weeks. Weekly RevL: 28.70
25.45-6.80 ▲
14Sold on 06-Dec-2018 @26.23
8.08%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Beacon Roofing Supply Inc.BECN31.15
45Has been in bearish trend for 45 weeks. Weekly RevL: 37.09
32.42-2.49 ▼
3Sold on 21-Dec-2018 @31.16
0.03%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Coeur Mining, IncCDE4.70
28Has been in bearish trend for 28 weeks. Weekly RevL: 5.43
4.185.07 ▲
6Bought on 18-Dec-2018 @4.38
7.31%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Chesapeake EnergyCHK2.19
8Has been in bearish trend for 8 weeks. Weekly RevL: 3.96
2.75-8.42 ▲
42Sold on 25-Oct-2018 @4.05
45.93%
spBuy++Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
3D Systems Corp.DDD10.07
7Has been in bearish trend for 7 weeks. Weekly RevL: 15.16
11.54-6.25 ▲
59Sold on 02-Oct-2018 @17.78
43.36%
spBuySpeculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Dollar Tree, Inc.DLTR88.02
16Has been in bearish trend for 16 weeks. Weekly RevL: 88.21
83.71-0.23 ▲
0Buy at next Open
0.00%
BuyMode turns bullish. Buy at next Open or put in a limit order to buy on weakness.
Electronic Arts Inc.EA77.89
18Has been in bearish trend for 18 weeks. Weekly RevL: 108.41
83.86-5.00 ▼
57Sold on 04-Oct-2018 @116.39
33.08%
Mode turns bullish. Buy at next Open or put in a limit order to buy on weakness.
Eagle PharmaceuticalsEGRX39.85
16Has been in bearish trend for 16 weeks. Weekly RevL: 64.66
44.49-7.03 ▼
80Sold on 31-Aug-2018 @68.42
41.76%
Mode turns bullish. Buy at next Open or put in a limit order to buy on weakness.
Facebook, Inc.FB134.18
21Has been in bearish trend for 21 weeks. Weekly RevL: 163.00
140.74-4.62 ▼
4Sold on 20-Dec-2018 @130.70
-2.66%
Mode turns bullish. Buy at next Open or put in a limit order to buy on weakness.
Frontline Ltd.FRO5.85
0Has been in bearish trend for 0 weeks. Weekly RevL: 6.66
6.42-8.09 ▼
11Sold on 11-Dec-2018 @6.37
8.16%
Mode turns bullish. Buy at next Open or put in a limit order to buy on weakness.
First Solar, Inc.FSLR41.99
28Has been in bearish trend for 28 weeks. Weekly RevL: 49.57
43.69-3.00 ▼
6Sold on 18-Dec-2018 @42.47
1.13%
Mode turns bullish. Buy at next Open or put in a limit order to buy on weakness.
Gilead Sciences Inc.GILD63.22
8Has been in bearish trend for 8 weeks. Weekly RevL: 73.14
67.04-5.52 ▼
12Sold on 10-Dec-2018 @69.22
8.67%
spBuySpeculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Alphabet Inc.GOOGL1047.85
10Has been in bearish trend for 10 weeks. Weekly RevL: 1147.26
1062.57-3.50 ▼
12Sold on 10-Dec-2018 @1042.94
-0.47%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Interactive Brokers GroupIBKR53.95
24Has been in bearish trend for 24 weeks. Weekly RevL: 58.84
54.81-0.94 ▲▲
12Sold on 10-Dec-2018 @52.36
-3.04%
dBuyBullish divergence. MoM indicates increasing upside potential. Can be used as a speculative early Buy.
IMAX Corp.IMAX18.49
9Has been in bearish trend for 9 weeks. Weekly RevL: 21.41
19.32-3.09 ▼
56Sold on 05-Oct-2018 @24.34
24.04%
Bullish divergence. MoM indicates increasing upside potential. Can be used as a speculative early Buy.
L Brands Inc.LB26.16
4Has been in bearish trend for 4 weeks. Weekly RevL: 34.55
30.04-8.37 ▼
12Sold on 10-Dec-2018 @31.92
18.05%
Bullish divergence. MoM indicates increasing upside potential. Can be used as a speculative early Buy.
Netflix, Inc.NFLX253.67
8Has been in bearish trend for 8 weeks. Weekly RevL: 320.54
274.16-3.26 ▼
45Sold on 22-Oct-2018 @333.10
23.85%
Bullish divergence. MoM indicates increasing upside potential. Can be used as a speculative early Buy.
NiSource Inc.NI25.06
6Has been in bullish trend for 6 weeks. Weekly RevL: 25.24
26.78-4.50 ▼
5Sold on 19-Dec-2018 @26.64
5.93%
Bullish divergence. MoM indicates increasing upside potential. Can be used as a speculative early Buy.
PaypalPYPL82.80
11Has been in bearish trend for 11 weeks. Weekly RevL: 87.61
84.97-3.05 ▼
3Sold on 21-Dec-2018 @82.81
0.01%
Bullish divergence. MoM indicates increasing upside potential. Can be used as a speculative early Buy.
Transocean Ltd.RIG6.98
8Has been in bearish trend for 8 weeks. Weekly RevL: 10.93
8.27-8.15 ▲
51Sold on 12-Oct-2018 @13.21
47.16%
spBuySpeculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Rockwell AutomationROK148.58
10Has been in bearish trend for 10 weeks. Weekly RevL: 175.15
159.72-7.56 ▼
13Sold on 07-Dec-2018 @167.71
11.41%
spBuySpeculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Shopify Inc.SHOP130.21
0Has been in bearish trend for 0 weeks. Weekly RevL: 152.65
142.71-5.97 ▼
7Sold on 17-Dec-2018 @139.92
6.94%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Senior Housing Prop.SNH11.94
11Has been in bearish trend for 11 weeks. Weekly RevL: 16.24
13.34-7.89 ▼
68Sold on 19-Sep-2018 @18.33
34.86%
spBuy++Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Tilray IncTLRY71.50
Has been in bearish trend for weeks. Weekly RevL: 0.00
88.28-4.36 ▲
27Sold on 15-Nov-2018 @101.02
29.22%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Tesla Motors, Inc.TSLA326.09
8Has been in bullish trend for 8 weeks. Weekly RevL: 306.11
345.29-5.91 ▼
5Sold on 19-Dec-2018 @337.60
3.41%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.

Note: This is a live demo portfolio to show how reversal levels work for different types of stocks, not a recommendation to invest in any of those companies.

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