Thursday, August 17, 2023

RL for August 17

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Speculative Buy signal for Copper.
  • Sell signal for Bitcoin. Failed rally.
  • Sell signal for BECN and FSLR.
  • Speculative Buy signal for CDE, ROK and TSLA.

  • 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 16, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4404.33
19Has been in Bullish trend for 19 weeks.
Weekly RevL: 4320.80
4517.45-4.94 ▼
8Sold on 07-Aug-2023
Sell price: 4491.58
1.94%
UK - FTSE 100^FTSE7356.88
2Has been in Bullish trend for 2 weeks.
Weekly RevL: 7496.84
7581.40-4.45 ▼
3Sold on 14-Aug-2023
Sell price: 7524.16
2.22%
Germany - DAX^DAX15789.45
40Has been in Bullish trend for 40 weeks.
Weekly RevL: 15613.83
16050.95-4.24 ▲
10Sold on 03-Aug-2023
Sell price: 15879.03
0.56%
Japan - Nikkei^N22531766.82
28Has been in Bullish trend for 28 weeks.
Weekly RevL: 30743.35
32612.66-2.81 ▼
8Sold on 04-Aug-2023
Sell price: 32019.06
0.79%
Australia - AOI^AORD7411.80
4Has been in Bullish trend for 4 weeks.
Weekly RevL: 7383.00
7563.32-2.20 ▼
9Sold on 04-Aug-2023
Sell price: 7522.30
1.47%
Brazil - BOVESPA^BVSP115591.52
13Has been in Bullish trend for 13 weeks.
Weekly RevL: 112777.94
119492.14-4.40 ▼
5Sold on 10-Aug-2023
Sell price: 118412.19
2.38%
Gold (spot)$XAUUSD1891.76
39Has been in Bullish trend for 39 weeks.
Weekly RevL: 1909.03
1942.64-5.44 ▼
10Sold on 03-Aug-2023
Sell price: 1934.16
2.19%
EURUSD$EURUSD1.0874
39Has been in Bullish trend for 39 weeks.
Weekly RevL: 1.0804
1.1015-2.84 ▼
14Sold on 28-Jul-2023
Sell price: 1.0976
0.93%
Copper (HG)@HG3.6515
15Has been in Bearish trend for 15 weeks.
Weekly RevL: 3.9310
3.7997-6.83 ▼
7Sold on 08-Aug-2023
Sell price: 3.7800
3.40%
spBuy+Speculative Buy +. Good potential for a short and medium term bounce. Can be used with QuickTarget.
10 Year T-Note (ZN)@ZN109.56
11Has been in Bearish trend for 11 weeks.
Weekly RevL: 113.50
111.27-3.85 ▼
16Sold on 26-Jul-2023
Sell price: 111.77
1.97%
Speculative Buy +. Good potential for a short and medium term bounce. Can be used with QuickTarget.
Oil (CL)@CL79.38
3Has been in Bullish trend for 3 weeks.
Weekly RevL: 73.40
78.912.49 ▼
30Bought on 06-Jul-2023
Buy price: 71.80
10.56%
Speculative Buy +. Good potential for a short and medium term bounce. Can be used with QuickTarget.
BitcoinBTC_X28702.69
21Has been in Bullish trend for 21 weeks.
Weekly RevL: 26753.25
29637.48-0.45 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.

Daily reversal levels as of the close on August 16, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL15.44
9Has been in Bullish trend for 9 weeks.
Weekly RevL: 15.45
16.70-5.51 ▲
17Sold on 25-Jul-2023
Sell price: 16.55
6.71%
Mode turns bearish. Sell at next Open.
Apple IncAAPL176.57
28Has been in Bullish trend for 28 weeks.
Weekly RevL: 173.00
185.45-8.65 ▲
8Sold on 07-Aug-2023
Sell price: 182.13
3.05%
Mode turns bearish. Sell at next Open.
Aegon NVAEG5.36
7Has been in Bullish trend for 7 weeks.
Weekly RevL: 4.86
5.293.85 ▼
51Bought on 05-Jun-2023
Buy price: 4.64
15.64%
Mode turns bearish. Sell at next Open.
Adecoagro SAAGRO9.43
17Has been in Bullish trend for 17 weeks.
Weekly RevL: 9.20
10.40-7.53 ▼
5Sold on 10-Aug-2023
Sell price: 10.25
8.00%
Mode turns bearish. Sell at next Open.
C3.ai IncAI31.69
12Has been in Bullish trend for 12 weeks.
Weekly RevL: 28.30
36.96-4.33 ▼
8Sold on 07-Aug-2023
Sell price: 38.00
16.61%
Mode turns bearish. Sell at next Open.
Amazon.com IncAMZN135.07
16Has been in Bullish trend for 16 weeks.
Weekly RevL: 116.82
133.394.43 ▼
8Bought on 07-Aug-2023
Buy price: 140.99
-4.20%
Mode turns bearish. Sell at next Open.
AramarkARMK37.00
1Has been in Bearish trend for 1 weeks.
Weekly RevL: 40.72
40.25-4.90 ▼
4Sold on 11-Aug-2023
Sell price: 39.43
6.16%
Mode turns bearish. Sell at next Open.
AeroVironment IncAVAV93.75
6Has been in Bullish trend for 6 weeks.
Weekly RevL: 93.74
97.11-0.71 ▼
1Sold on 16-Aug-2023
Sell price: 94.41
0.70%
Mode turns bearish. Sell at next Open.
Bank of AmericaBAC29.29
3Has been in Bullish trend for 3 weeks.
Weekly RevL: 29.04
31.25-3.79 ▼
1Sold on 16-Aug-2023
Sell price: 29.75
1.55%
Mode turns bearish. Sell at next Open.
Beacon Roofing Supply IncBECN81.33
13Has been in Bullish trend for 13 weeks.
Weekly RevL: 74.52
83.64-2.31 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
Coeur MiningCDE2.29
13Has been in Bearish trend for 13 weeks.
Weekly RevL: 3.22
2.81-8.01 ▼
14Sold on 28-Jul-2023
Sell price: 2.97
22.90%
spBuySpeculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
CIENA CorpCIEN40.43
16Has been in Bearish trend for 16 weeks.
Weekly RevL: 45.41
42.31-1.01 ▼
13Sold on 31-Jul-2023
Sell price: 41.73
3.12%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Coinbase GlobalCOIN79.00
6Has been in Bullish trend for 6 weeks.
Weekly RevL: 68.08
88.96-4.49 ▼
5Sold on 10-Aug-2023
Sell price: 85.00
7.06%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Dollar Tree IncDLTR144.25
3Has been in Bullish trend for 3 weeks.
Weekly RevL: 143.88
149.86-4.27 ▼
6Sold on 09-Aug-2023
Sell price: 147.28
2.06%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Devon EnergyDVN48.52
2Has been in Bullish trend for 2 weeks.
Weekly RevL: 49.21
51.34-3.47 ▼
10Sold on 03-Aug-2023
Sell price: 50.05
3.06%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
First Solar IncFSLR191.89
54Has been in Bullish trend for 54 weeks.
Weekly RevL: 184.57
204.181.09 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
Greenbrier CompaniesGBX43.90
8Has been in Bullish trend for 8 weeks.
Weekly RevL: 36.32
43.79-0.97 ▼
51Bought on 05-Jun-2023
Buy price: 29.34
49.63%
Mode turns bearish. Sell at next Open.
Alphabet IncGOOGL128.70
21Has been in Bullish trend for 21 weeks.
Weekly RevL: 114.43
126.531.89 ▼
15Bought on 27-Jul-2023
Buy price: 131.67
-2.26%
Mode turns bearish. Sell at next Open.
Interactive Brokers GroupIBKR91.28
10Has been in Bullish trend for 10 weeks.
Weekly RevL: 80.60
87.816.02 ▼
15Bought on 27-Jul-2023
Buy price: 85.73
6.47%
Mode turns bearish. Sell at next Open.
IMAX CorpIMAX19.32
2Has been in Bullish trend for 2 weeks.
Weekly RevL: 17.30
18.443.91 ▼
14Bought on 28-Jul-2023
Buy price: 19.04
1.47%
Mode turns bearish. Sell at next Open.
Meta PlatformsMETA294.29
29Has been in Bullish trend for 29 weeks.
Weekly RevL: 219.49
309.29-2.06 ▼
3Sold on 14-Aug-2023
Sell price: 300.98
2.22%
Mode turns bearish. Sell at next Open.
NiSource IncNI26.22
1Has been in Bearish trend for 1 weeks.
Weekly RevL: 28.02
27.41-5.50 ▼
11Sold on 02-Aug-2023
Sell price: 27.43
4.41%
Mode turns bearish. Sell at next Open.
Intellia TherapeuticsNTLA37.75
5Has been in Bearish trend for 5 weeks.
Weekly RevL: 44.11
41.07-3.31 ▼
17Sold on 25-Jul-2023
Sell price: 42.03
10.18%
Mode turns bearish. Sell at next Open.
Ralph LaurenRL117.75
9Has been in Bullish trend for 9 weeks.
Weekly RevL: 117.61
126.88-6.25 ▼
4Sold on 11-Aug-2023
Sell price: 122.24
3.67%
Mode turns bearish. Sell at next Open.
Rockwell AutomationROK295.15
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 314.37
317.74-8.19 ▲
11Sold on 02-Aug-2023
Sell price: 310.01
4.79%
spBuySpeculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Sanmina CorpSANM53.78
1Has been in Bearish trend for 1 weeks.
Weekly RevL: 59.23
57.33-4.98 ▲
11Sold on 02-Aug-2023
Sell price: 57.25
6.06%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Shopify IncSHOP55.34
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 62.90
60.12-7.14 ▲
10Sold on 03-Aug-2023
Sell price: 61.88
10.57%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.
Tesla Motors IncTSLA225.60
10Has been in Bullish trend for 10 weeks.
Weekly RevL: 218.57
253.72-5.50 ▼
14Sold on 28-Jul-2023
Sell price: 259.86
13.18%
spBuy+Speculative Buy +. Good potential for a short and medium term bounce. Can be used with QuickTarget.
Uber TechnologiesUBER43.65
30Has been in Bullish trend for 30 weeks.
Weekly RevL: 40.07
45.81-3.83 ▼
7Sold on 08-Aug-2023
Sell price: 44.50
1.91%
Speculative Buy +. Good potential for a short and medium term bounce. Can be used with QuickTarget.
Marriott Vacations WorldwideVAC111.96
22Has been in Bearish trend for 22 weeks.
Weekly RevL: 131.20
121.82-8.11 ▲
15Sold on 27-Jul-2023
Sell price: 126.93
11.79%
Speculative Buy +. 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.

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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