Friday, August 28, 2020

RL for Aug 28

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Bullish continuation for Gold. Can add to positions.
  • Speculative Buy signal for NI.
  • Sell signal for DLTR.
  • Bullish divergence for RL.
  • Partial profits signals for AAPL, FSLR and GOOGL.
  • Bullish continuation for IBKR and ROK. 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 August 27, 2020
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX3484.55
11Has been in bullish trend for 11 weeks. Weekly RevL: 3078.57
3352.337.07 ▲
41Bought on 01-Jul-2020 @3105.92
12.19%
UK - FTSE 100^FTSE5999.99
3Has been in bearish trend for 3 weeks. Weekly RevL: 6331.73
6128.21-1.49 ▼
5Sold on 21-Aug-2020 @6013.34
0.22%
Germany - DAX^DAX13096.36
11Has been in bullish trend for 11 weeks. Weekly RevL: 11901.92
12804.142.72 ▲
12Bought on 12-Aug-2020 @12917.34
1.39%
Japan - Nikkei^N22523208.86
12Has been in bullish trend for 12 weeks. Weekly RevL: 21644.47
22786.123.91 ▲
12Bought on 12-Aug-2020 @22747.44
2.03%
China - SSEC^SSEC3350.11
11Has been in bullish trend for 11 weeks. Weekly RevL: 3042.15
3326.390.34 ▼
21Bought on 30-Jul-2020 @3299.57
1.53%
Australia - AOI^AORD6310.60
11Has been in bullish trend for 11 weeks. Weekly RevL: 5927.49
6228.872.74 ▼
17Bought on 05-Aug-2020 @6166.50
2.34%
Brazil - BOVESPA^BVSP100623.64
11Has been in bullish trend for 11 weeks. Weekly RevL: 93234.63
102532.55-0.82 ▼
10Sold on 14-Aug-2020 @100469.44
-0.15%
20+ Y Tr. Bond ETFTLT161.24
39Has been in bullish trend for 39 weeks. Weekly RevL: 158.50
167.39-5.10 ▼
12Sold on 12-Aug-2020 @165.70
2.69%
Gold (spot)$XAUUSD1928.91
21Has been in bullish trend for 21 weeks. Weekly RevL: 1722.01
1895.89-1.30 ▲
56Bought on 11-Jun-2020 @1736.75
11.06%
AddBullish continuation. Can add to long positions if you took partial profits earlier on.
EURUSD$EURUSD1.1821
12Has been in bullish trend for 12 weeks. Weekly RevL: 1.1366
1.16881.34 ▼
73Bought on 19-May-2020 @1.0911
8.34%
Bullish continuation. Can add to long positions if you took partial profits earlier on.
BitcoinBTC_X11331.02
17Has been in bullish trend for 17 weeks. Weekly RevL: 9702.49
11173.53-1.10 ▼
36Bought on 22-Jul-2020 @9392.83
20.64%
Bullish continuation. Can add to long positions if you took partial profits earlier on.
Oil (CL)@CL43.04
11Has been in bullish trend for 11 weeks. Weekly RevL: 35.40
41.811.80 ▲
17Bought on 05-Aug-2020 @41.56
3.56%
Bullish continuation. Can add to long positions if you took partial profits earlier on.

Daily reversal levels as of the close on August 27, 2020
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL13.28
8Has been in bearish trend for 8 weeks. Weekly RevL: 15.69
12.430.58 ▲
3Bought on 25-Aug-2020 @13.69
-3.00%
Bullish continuation. Can add to long positions if you took partial profits earlier on.
Apple IncAAPL500.04
18Has been in bullish trend for 18 weeks. Weekly RevL: 350.97
450.359.65 ▲
98Bought on 09-Apr-2020 @268.70
86.10%
pP+Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Aegon NVAEG2.73
9Has been in bearish trend for 9 weeks. Weekly RevL: 3.26
2.96-8.04 ▲
10Sold on 14-Aug-2020 @2.87
4.88%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Adecoagro SAAGRO5.15
25Has been in bearish trend for 25 weeks. Weekly RevL: 5.18
4.784.86 ▼
12Bought on 12-Aug-2020 @4.69
9.81%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Amazon.com IncAMZN3400.00
19Has been in bullish trend for 19 weeks. Weekly RevL: 2588.50
3206.875.26 ▲
109Bought on 25-Mar-2020 @1920.69
77.02%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
AeroVironment IncAVAV76.08
13Has been in bullish trend for 13 weeks. Weekly RevL: 68.75
80.06-2.56 ▼
4Sold on 24-Aug-2020 @79.33
4.10%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Bank of AmericaBAC26.05
25Has been in bearish trend for 25 weeks. Weekly RevL: 27.24
25.12-0.41 ▲
2Bought on 26-Aug-2020 @25.94
0.42%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Beacon Roofing Supply IncBECN32.12
12Has been in bullish trend for 12 weeks. Weekly RevL: 24.98
30.161.39 ▲
31Bought on 16-Jul-2020 @26.92
19.32%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Coeur MiningCDE8.25
13Has been in bullish trend for 13 weeks. Weekly RevL: 5.50
7.530.71 ▼
37Bought on 08-Jul-2020 @5.33
54.78%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
CIENA CorpCIEN55.99
19Has been in bullish trend for 19 weeks. Weekly RevL: 50.74
59.70-3.48 ▼
2Sold on 26-Aug-2020 @57.76
3.06%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Dollar Tree IncDLTR96.72
12Has been in bullish trend for 12 weeks. Weekly RevL: 87.30
100.434.29 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
Devon EnergyDVN10.76
29Has been in bearish trend for 29 weeks. Weekly RevL: 13.31
11.38-3.72 ▼
6Sold on 20-Aug-2020 @10.86
0.92%
Mode turns bearish. Sell at next Open.
Eagle PharmaceuticalsEGRX39.84
10Has been in bearish trend for 10 weeks. Weekly RevL: 50.14
43.90-5.71 ▲
24Sold on 27-Jul-2020 @47.88
16.79%
Mode turns bearish. Sell at next Open.
FacebookFB293.22
16Has been in bullish trend for 16 weeks. Weekly RevL: 219.70
262.707.95 ▲
19Bought on 03-Aug-2020 @252.65
16.06%
Mode turns bearish. Sell at next Open.
First Solar IncFSLR77.61
11Has been in bullish trend for 11 weeks. Weekly RevL: 52.73
68.466.93 ▼
70Bought on 20-May-2020 @43.60
78.01%
pPPartial profits signal. Good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Greenbrier CompaniesGBX27.46
11Has been in bullish trend for 11 weeks. Weekly RevL: 22.03
26.68-0.38 ▼
34Bought on 13-Jul-2020 @25.79
6.48%
Partial profits signal. Good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Alphabet IncGOOGL1628.52
15Has been in bullish trend for 15 weeks. Weekly RevL: 1395.98
1532.057.32 ▲
7Bought on 19-Aug-2020 @1552.49
4.90%
pPPartial profits signal. Good chance to take some money off the table. Can also be used for shorting with QuickTarget.
Interactive Brokers GroupIBKR53.05
6Has been in bullish trend for 6 weeks. Weekly RevL: 45.09
50.612.47 ▲
39Bought on 06-Jul-2020 @44.35
19.62%
AddBullish continuation. Can add to long positions if you took partial profits earlier on.
IMAX CorpIMAX15.46
45Has been in bearish trend for 45 weeks. Weekly RevL: 13.79
12.767.91 ▲
12Bought on 12-Aug-2020 @12.90
19.85%
Bullish continuation. Can add to long positions if you took partial profits earlier on.
NiSource IncNI22.18
23Has been in bearish trend for 23 weeks. Weekly RevL: 25.17
23.66-6.57 ▼
8Sold on 18-Aug-2020 @23.95
7.39%
spBuy+Speculative Buy +. Good potential for a short and medium term bounce. Can be used with QuickTarget.
Intellia TherapeuticsNTLA20.47
17Has been in bullish trend for 17 weeks. Weekly RevL: 17.30
19.861.08 ▼
8Bought on 18-Aug-2020 @20.76
-1.40%
Speculative Buy +. Good potential for a short and medium term bounce. Can be used with QuickTarget.
PaypalPYPL204.34
18Has been in bullish trend for 18 weeks. Weekly RevL: 154.33
191.813.69 ▲
100Bought on 07-Apr-2020 @105.25
94.15%
Speculative Buy +. Good potential for a short and medium term bounce. Can be used with QuickTarget.
Ralph LaurenRL68.24
25Has been in bearish trend for 25 weeks. Weekly RevL: 83.05
70.19-0.66 ▲▲
18Sold on 04-Aug-2020 @65.43
-4.30%
dBuyBullish divergence. MoM indicates increasing upside potential. Can be used as a speculative early Buy.
Rockwell AutomationROK232.01
15Has been in bullish trend for 15 weeks. Weekly RevL: 201.73
226.601.35 ▲
41Bought on 01-Jul-2020 @212.64
9.11%
AddBullish continuation. Can add to long positions if you took partial profits earlier on.
Sanmina CorpSANM28.09
3Has been in bullish trend for 3 weeks. Weekly RevL: 26.07
28.64-3.22 ▲
7Sold on 19-Aug-2020 @27.52
-2.07%
Bullish continuation. Can add to long positions if you took partial profits earlier on.
Shopify IncSHOP1053.50
18Has been in bullish trend for 18 weeks. Weekly RevL: 774.64
997.431.38 ▲
5Bought on 21-Aug-2020 @1036.02
1.69%
Bullish continuation. Can add to long positions if you took partial profits earlier on.
Tilray IncTLRY6.44
76Has been in bearish trend for 76 weeks. Weekly RevL: 10.32
7.22-3.30 ▼
12Sold on 12-Aug-2020 @7.08
9.04%
Bullish continuation. Can add to long positions if you took partial profits earlier on.
Tesla Motors IncTSLA2238.75
19Has been in bullish trend for 19 weeks. Weekly RevL: 1041.06
1642.0110.00 ▲
97Bought on 13-Apr-2020 @590.16
279.35%
Bullish continuation. Can add to long positions if you took partial profits earlier on.
Uber TechnologiesUBER32.80
8Has been in bearish trend for 8 weeks. Weekly RevL: 33.71
30.660.57 ▲
1Bought on 27-Aug-2020 @32.40
1.24%
Bullish continuation. Can add to long positions if you took partial profits earlier on.
Marriott Vacations WorldwideVAC93.39
25Has been in bearish trend for 25 weeks. Weekly RevL: 96.77
89.21-0.02 ▲
15Bought on 07-Aug-2020 @89.49
4.36%
Bullish continuation. Can add to long positions if you took partial profits earlier on.

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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