Markets were down today on mild Selling. The Tech Stocks are still Strong.
Most of the Leaders and Indices were back up in the Red Zones (probably too late to Buy for the Short Term). Short Term Traders might want to raise some CASH.
Please WAIT for the Leaders to return back down to their Green Zones for Money Wave Buy Signals.
Crude Oil was down $0.30 today at $64.05.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
ZS ZSCALER, INC. Money Wave Buy today. Target is $73.00. EXIT if it is going to Close Below Support of $61.39.
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
ANF ABERCROMBIE & FITCH Relative Strength is Below 90.
BEML.IN BEML LTD. (INDIA)
CGC CANOPY GROWTH Medium Term Buy when it Closes above the Red Line of $43.73.
NCC.IN NCC LTD. (INDIA)
YUMC YUM CHINA HOLDINGS Money Wave must Close in the Green Zone.
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Click on Watch List.
Emotions are very high now, so please do not Buy unless you are VERY NIMBLE. The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
EXIT ACAD ARCADIA PHARM. if it is going to Close below the Pink Line around $27.04. This trade was not logged.
EXIT WPM WHEATON PRECIOUS METALS if it is going to Close below your Buy Price, or $23.44. This trade was not logged.
Please Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS.
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20).
Don’t Buy if the Investment has already popped up too much. Money Wave Buys are usually good for a 3-6 % move in a few days.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.