Thursday, April 2, 2020

RL for Apr 2

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Bearish divergence for Gold.
  • Ongoing Speculative Buy signal for Oil.
  • Sell signals for NTLA, SANM and SHOP. Failed rallies.

  • 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 April 1, 2020
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX2470.50
4Has been in bearish trend for 4 weeks. Weekly RevL: 3153.10
2759.65-1.90 ▲
27Sold on 25-Feb-2020 @3238.94
23.73%
UK - FTSE 100^FTSE5454.57
8Has been in bearish trend for 8 weeks. Weekly RevL: 7028.00
5963.05-0.77 ▲
33Sold on 17-Feb-2020 @7409.13
26.38%
Germany - DAX^DAX9544.75
4Has been in bearish trend for 4 weeks. Weekly RevL: 12644.02
10595.31-0.71 ▲
27Sold on 25-Feb-2020 @13132.04
27.32%
Japan - Nikkei^N22518065.41
4Has been in bearish trend for 4 weeks. Weekly RevL: 22813.02
19727.650.26 ▲
29Sold on 19-Feb-2020 @23329.33
22.56%
China - SSEC^SSEC2734.52
2Has been in bearish trend for 2 weeks. Weekly RevL: 2984.44
2836.29-3.61 ▲
17Sold on 10-Mar-2020 @2918.93
6.32%
Australia - AOI^AORD5290.70
4Has been in bearish trend for 4 weeks. Weekly RevL: 6678.38
5683.33-4.57 ▲
27Sold on 25-Feb-2020 @7065.40
25.12%
Brazil - BOVESPA^BVSP70966.70
4Has been in bearish trend for 4 weeks. Weekly RevL: 106834.05
83403.56-3.09 ▲
26Sold on 26-Feb-2020 @113646.53
37.56%
20+ Y Tr. Bond ETFTLT167.04
18Has been in bullish trend for 18 weeks. Weekly RevL: 142.28
156.924.90 ▲
8Bought on 23-Mar-2020 @157.50
6.06%
Gold (spot)$XAUUSD1590.59
0Has been in bullish trend for 0 weeks. Weekly RevL: 1495.98
1562.702.23 ▼▼
6Bought on 25-Mar-2020 @1618.29
-1.71%
dSellBearish divergence. MoM indicates increasing downside potential. Probably a failing rally. Can be used to take some profits or exit early.
EURUSD$EURUSD1.0962
1Has been in bearish trend for 1 weeks. Weekly RevL: 1.1172
1.0920-0.09 ▲
3Bought on 30-Mar-2020 @1.1135
-1.55%
Bearish divergence. MoM indicates increasing downside potential. Probably a failing rally. Can be used to take some profits or exit early.
BitcoinBTC_X6663.63
2Has been in bearish trend for 2 weeks. Weekly RevL: 8774.46
6835.220.33 ▲
36Sold on 26-Feb-2020 @9316.18
28.47%
Bearish divergence. MoM indicates increasing downside potential. Probably a failing rally. Can be used to take some profits or exit early.
Oil (CL)@CL20.31
9Has been in bearish trend for 9 weeks. Weekly RevL: 49.63
33.29-7.37 ▲
58Sold on 09-Jan-2020 @59.99
66.14%
spBuy++Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.

Daily reversal levels as of the close on April 1, 2020
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL10.69
4Has been in bearish trend for 4 weeks. Weekly RevL: 24.96
17.93-3.34 ▼
28Sold on 24-Feb-2020 @25.98
58.85%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Apple IncAAPL240.91
1Has been in bearish trend for 1 weeks. Weekly RevL: 281.00
266.28-1.80 ▲
27Sold on 25-Feb-2020 @300.95
19.95%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Adecoagro SAAGRO3.55
4Has been in bearish trend for 4 weeks. Weekly RevL: 7.10
5.27-6.88 ▲
27Sold on 25-Feb-2020 @7.60
53.29%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Amazon.com IncAMZN1907.70
2Has been in bearish trend for 2 weeks. Weekly RevL: 1957.90
1870.363.05 ▼
6Bought on 25-Mar-2020 @1920.69
-0.68%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
AeroVironment IncAVAV54.43
4Has been in bearish trend for 4 weeks. Weekly RevL: 64.35
53.771.88 ▲
2Bought on 31-Mar-2020 @59.53
-8.57%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Bank of AmericaBAC19.77
4Has been in bearish trend for 4 weeks. Weekly RevL: 32.47
25.10-3.29 ▲
27Sold on 25-Feb-2020 @32.69
39.52%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Beacon Roofing Supply IncBECN15.04
4Has been in bearish trend for 4 weeks. Weekly RevL: 29.64
21.27-4.05 ▲
28Sold on 24-Feb-2020 @32.10
53.15%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Baidu IncBIDU97.68
4Has been in bearish trend for 4 weeks. Weekly RevL: 124.89
108.32-0.87 ▲
28Sold on 24-Feb-2020 @122.70
20.39%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Coeur MiningCDE2.64
5Has been in bearish trend for 5 weeks. Weekly RevL: 5.72
4.03-0.86 ▼
60Sold on 07-Jan-2020 @6.91
61.79%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
CIENA CorpCIEN39.97
4Has been in bearish trend for 4 weeks. Weekly RevL: 41.92
37.382.12 ▲
4Bought on 27-Mar-2020 @39.32
1.65%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
3D Systems CorpDDD6.62
4Has been in bearish trend for 4 weeks. Weekly RevL: 9.86
8.100.53 ▲
26Sold on 26-Feb-2020 @10.60
37.55%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Dollar Tree IncDLTR72.94
17Has been in bearish trend for 17 weeks. Weekly RevL: 92.18
81.06-0.02 ▼
14Sold on 13-Mar-2020 @73.23
0.40%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Eagle PharmaceuticalsEGRX43.24
8Has been in bearish trend for 8 weeks. Weekly RevL: 53.38
41.213.38 ▲
2Bought on 31-Mar-2020 @45.18
-4.29%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
FacebookFB159.60
4Has been in bearish trend for 4 weeks. Weekly RevL: 201.77
175.86-0.86 ▲
28Sold on 24-Feb-2020 @201.80
20.91%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
First Solar IncFSLR33.44
26Has been in bearish trend for 26 weeks. Weekly RevL: 50.92
40.44-1.46 ▲
28Sold on 24-Feb-2020 @48.27
30.72%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Greenbrier CompaniesGBX16.57
11Has been in bearish trend for 11 weeks. Weekly RevL: 26.09
19.72-1.20 ▲
27Sold on 25-Feb-2020 @26.23
36.83%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Golar LNG LtdGLNG6.80
70Has been in bearish trend for 70 weeks. Weekly RevL: 12.54
9.26-2.19 ▲
18Sold on 09-Mar-2020 @9.00
24.44%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Alphabet IncGOOGL1102.10
3Has been in bearish trend for 3 weeks. Weekly RevL: 1360.46
1229.14-2.33 ▲
27Sold on 25-Feb-2020 @1431.00
22.98%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Interactive Brokers GroupIBKR43.25
3Has been in bearish trend for 3 weeks. Weekly RevL: 50.33
46.02-0.80 ▲
20Sold on 05-Mar-2020 @49.20
12.09%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
IMAX CorpIMAX8.38
24Has been in bearish trend for 24 weeks. Weekly RevL: 18.15
12.42-4.95 ▼
68Sold on 24-Dec-2019 @20.95
60.00%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
NiSource IncNI23.06
2Has been in bearish trend for 2 weeks. Weekly RevL: 28.50
26.19-0.81 ▲
17Sold on 10-Mar-2020 @27.91
17.38%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Intellia TherapeuticsNTLA11.14
9Has been in bearish trend for 9 weeks. Weekly RevL: 14.77
13.030.26 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
PaypalPYPL91.38
1Has been in bearish trend for 1 weeks. Weekly RevL: 112.50
102.81-1.88 ▲
27Sold on 25-Feb-2020 @115.67
21.00%
Mode turns bearish. Sell at next Open.
Transocean LtdRIG1.08
9Has been in bearish trend for 9 weeks. Weekly RevL: 4.39
2.05-4.84 ▲
51Sold on 21-Jan-2020 @5.90
81.70%
Mode turns bearish. Sell at next Open.
Rockwell AutomationROK143.68
4Has been in bearish trend for 4 weeks. Weekly RevL: 192.28
162.82-1.12 ▲
26Sold on 26-Feb-2020 @198.19
27.50%
Mode turns bearish. Sell at next Open.
Sanmina CorpSANM24.03
8Has been in bearish trend for 8 weeks. Weekly RevL: 30.57
26.924.98 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
Shopify IncSHOP384.67
1Has been in bearish trend for 1 weeks. Weekly RevL: 432.80
433.472.20 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
Tilray IncTLRY5.90
55Has been in bearish trend for 55 weeks. Weekly RevL: 21.45
8.741.56 ▲
2Sold on 31-Mar-2020 @6.13
3.75%
Mode turns bearish. Sell at next Open.
Tesla Motors IncTSLA481.56
1Has been in bearish trend for 1 weeks. Weekly RevL: 563.91
568.92-0.93 ▲
24Sold on 28-Feb-2020 @629.70
23.53%
Mode turns bearish. Sell at next Open.
Uber TechnologiesUBER25.42
3Has been in bearish trend for 3 weeks. Weekly RevL: 34.72
29.022.70 ▲
26Sold on 26-Feb-2020 @35.53
28.46%
Mode turns bearish. Sell at next Open.

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.

The daily reversal levels for more than 3000 stocks and ETF are available by monthly subscription.
Comes with full instructions and strategies for using the reversal levels and the MoM indicator in your own trading. Give it a try.

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