Tuesday, June 2, 2020

RL for June 2

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Buy signal for China SSEC.
  • Bullish continuation for Gold. Can add to positions.
  • Partial profits signal for CIEN. A 42% gain in 45 days.
  • Partial profits signal for FSLR. A 10% gain in 8 days.
  • Partial profits signal for ROK. A 26% gain in 36 days..
  • Bullish continuation for AMZN. Can add to positions.

  • 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 June 1, 2020
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX3055.73
13
 2892.095.51 ▲
36
10.04%
UK - FTSE 100^FTSE6166.42
17
 5930.663.35 ▲
9
1.95%
Germany - DAX^DAX11586.85
13
 10900.957.14 ▲
9
3.45%
Japan - Nikkei^N22522062.39
0
 20487.218.37 ▲
32
14.24%
China - SSEC^SSEC2915.43
11
 2834.87-1.09 ▲
0
0.00%
Buy
Australia - AOI^AORD5938.40
13
 5627.156.14 ▲
15
6.82%
Brazil - BOVESPA^BVSP88620.10
13
 82044.925.73 ▲
23
8.99%
20+ Y Tr. Bond ETFTLT162.28
27
 165.50-2.18 ▼
9
0.15%
Gold (spot)$XAUUSD1740.00
9
 1708.090.14 ▲
49
7.52%
Add
EURUSD$EURUSD1.1134
0
 1.09344.51 ▲
10
2.04%
BitcoinBTC_X10211.23
4
 8968.421.99 ▲
4
6.59%
Oil (CL)@CL35.44
18
 27.666.36 ▼
18
38.87%

Daily reversal levels as of the close on June 1, 2020
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL11.11
13
 10.062.92 ▲
4
-10.62%
Apple IncAAPL321.85
6
 303.703.96 ▼
36
19.78%
Aegon NVAEG2.84
19
 2.497.10 ▲
9
14.06%
Adecoagro SAAGRO4.36
13
 3.914.40 ▲
5
5.06%
Amazon.com IncAMZN2471.04
7
 2350.781.79 ▲
47
28.65%
Add
AeroVironment IncAVAV69.20
1
 63.016.11 ▲
23
14.42%
Bank of AmericaBAC24.61
13
 22.955.17 ▲
4
-5.60%
Beacon Roofing Supply IncBECN24.61
0
 21.566.08 ▲
9
8.99%
Coeur MiningCDE5.95
1
 4.915.71 ▼
22
40.33%
CIENA CorpCIEN56.00
7
 50.578.05 ▲
45
42.42%
pP
Dollar Tree IncDLTR96.25
0
 83.249.16 ▲
9
22.25%
Devon EnergyDVN11.70
17
 12.21-0.67 ▼
1
-8.33%
Eagle PharmaceuticalsEGRX51.97
3
 49.92-0.10 ▼
43
15.03%
FacebookFB231.91
4
 206.927.41 ▼
36
31.84%
First Solar IncFSLR48.01
35
 42.505.28 ▲
8
10.12%
pP
Greenbrier CompaniesGBX21.40
20
 18.938.44 ▼
9
16.05%
Alphabet IncGOOGL1434.87
3
 1346.544.37 ▲
33
14.94%
Interactive Brokers GroupIBKR42.69
12
 40.084.04 ▲
3
-2.38%
IMAX CorpIMAX12.87
33
 11.812.47 ▼
29
10.09%
NiSource IncNI24.21
11
 23.221.13 ▲
2
1.51%
Intellia TherapeuticsNTLA20.92
5
 16.324.97 ▼
14
31.90%
PaypalPYPL154.53
6
 134.306.27 ▲
38
46.82%
Ralph LaurenRL76.71
13
 72.054.78 ▼
6
1.99%
Rockwell AutomationROK214.67
3
 195.587.51 ▼
36
26.01%
pP
Sanmina CorpSANM26.85
17
 26.160.85 ▼
9
-0.74%
Shopify IncSHOP758.00
6
 694.312.11 ▼
34
62.30%
Tilray IncTLRY10.04
64
 8.486.65 ▼
9
23.80%
Tesla Motors IncTSLA898.10
7
 781.252.38 ▲
35
52.18%
Uber TechnologiesUBER35.82
1
 32.493.97 ▼
16
9.91%
Marriott Vacations WorldwideVAC93.04
13
 80.886.00 ▼
9
8.46%

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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