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June 6, 2017

Money Wave Alert! Jun 6, 2017

XLK Chart
Tech Stocks are Still Holding up!

 

The Markets are down slightly today, but the very Strongest Techs are still pushing higher.

The S&P 500 has not been up today. Only the Market Darlings seem to have much Buying left at these levels.

Traders, RAISE Cash so you will have Funds to Buy on the next pull-back into the Green Zones.

 

Money Wave Buys soon!  
The Following Investments will probably have a Money Wave Buy Signal 
(Slow Stochastic Closing > 20) on today’s Close.

 

BUYS TODAY: GLYC   GLYCOMIMETICS   Money Wave Buy today. We will not log GLYC, as it is already up 10%!

Money Wave Buy Signals soon:  LL   LUMBER LIQUIDATORS  &  SINA   SINA.COM.    We will email you when they are ready. Click on WatchList

Emotions are very high now, so please do not Buy unless you are VERY NIMBLE. The Leaders are still Way Above the Green Lines (all Investments eventually return to their Green Lines).

 

SELLS TODAY:  

EXIT MOMO   MOMO INC. on the Close today, or have a tight Sell Stop to preserve 8% gain.

EXIT SGMO   SANGAMO THERA. if it is going to Close Below your Buy Price, or $7.20.

 

Click for  PORTFOLIO  (Open Positions)

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.

About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buys.

Posted By AbovetheGreenLine at 2:38 pm 6 Comments

Comments

  1. rmclear says

    June 6, 2017 at 3:03 pm

    I did not receive the money alert until 4:01 Eastern standard time too late to move on MOMO

    Log in to Reply
    • AbovetheGreenLine says

      June 6, 2017 at 3:26 pm

      Sorry for the problem. The Texts went out today at 3:40 EDT today. Verizon has been bad about pushing them thru.

      The most reliable & fastest signal are with Twitter notifications @AboveGreeenLine.

      All post are also stored on the web site Main Menu under Commentary/ Buy & Sell Signals.

      Log in to Reply
    • tradersam253 says

      June 15, 2017 at 3:29 pm

      same here..all too often alerts are sent out right before market closes or hours afterwards. as a customer I expect better analysis and guidance than that

      Log in to Reply
      • AbovetheGreenLine says

        June 15, 2017 at 3:44 pm

        Hi Sam. I don’t see where you are receiving text messages, and the fastest route is Twitter notifications.

        We will be happy to help you get set up on Twitter. We cannot control the speed of your phone carrier or Internet Provider.

        We send the alerts out daily between 3:30 3:45 pm EDT. This is an easy Fix… Do you want help with Twitter?

        The most reliable & fastest signal are with Twitter notifications @AboveGreeenLine.

        All post are also stored on the web site Main Menu under Commentary/ Buy & Sell Signals.

        Log in to Reply
        • tradersam253 says

          June 15, 2017 at 3:59 pm

          I meant to say emails..like the intraday on xlk today less than 15 min before market close. I do have a twitter acct but don’t use it often. afraid I may become embroiled in twitterfest with tweeter in chief pertaining to his failed policys. so no, twitter is out. between stockcharts,finviz,tradeideas and barcharts I have continued to do very well, above the green line not so much

          Log in to Reply
          • AbovetheGreenLine says

            June 15, 2017 at 4:11 pm

            Then we should set you up for Intra-day texts.

            All you have to do on Twitter, is Follow us,and approve mobile notification.

            You never have to go to Twitter site again.

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