Markets were mixed today as the Leaders are trying to hold above their Pink Lines (10-day avgs.) to avoid Short Term Sell Signals.
The Strongest Leaders are back up in the Red Zones (probably too late to Buy for the Short Term), so Short Term Traders should be raising Cash soon. In the current rally up, the Market advances have been narrow.
Crude Oil was down slightly today at $65.65.
Please be patient, and WAIT for the Leading Investments to return to the Green Zones for more Money Wave Buy Signals.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
ECYT ENDOCYTE INC. Money Wave Buy today. ECYT will not be logged, as it is already up 5% and the Volume is below average.
TRXC TRANSENTERIX, INC. Money Wave Buy today. TRCX will not be logged, as it is already 16% above Support of $3.02.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
OKTA OKTA INC. 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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).
EXIT HLF HERBALIFE NUTRITION on the Close, or have a tight Sell Stop Loss Below it.
EXIT TLRD TAILORED BRANDS if it is going to Close below your Buy Price, or $33.45. 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.
HAVE A NICE WEEKEND!