Above The Green Line

  • Commentary
    • BUY / SELL SIGNALS
      • Stock Alerts
    • DIVGRO BLOG
    • ETF SECTOR BLOG
    • DOW DOGS BLOG
    • NEWS
    • STOCK IDEAS
  • Strategies
    • SWING TRADING
      • CURRENT POSITIONS
      • WATCHLISTS
      • CLOSED POSITIONS
      • CANDIDATES – TOP 100
      • SPECIALTY STOCKS
    • DAY TRADING
      • Watch List
    • DIVIDEND GROWTH
      • Dividend Growth Portfolio
      • Dividend Calendar
    • DOGS OF THE DOW
      • Dogs of the Dow Portfolio
      • DOW 5 Portfolio
    • ETF SECTOR ROTATION
      • ETF Sector Portfolio
  • Markets
    • US MARKET
      • Commodities
      • Energy
      • Precious Metals
      • Volatility
    • GLOBAL MARKETS
      • MARKET INDICES
      • ECONOMIC CALENDAR
      • FOREX HEAT MAP
      • FOREX CROSS RATES
      • CRYPTOCURRENCY MARKET
    • DASHBOARD
    • IDEAS
  • Investing
    • FORUM
  • Resources
    • ARTICLES
    • WEEKLY STOCK
    • RETIREMENT PLANNING
    • BLOGROLL
    • FAQ
  • About
    • CONTACT US
    • HOW TO WIN
    • #1 AT STOCKCHARTS
  • Log In
  • Subscribe

May 23, 2019

Money Wave Alert! May 23, 2019

SPX 60-min Chart
The S&P 500 is re-testing last week’s Low around 2801.

 

Markets were down again today on FEAR Selling and lower Volume. The Techs and Semiconductors are weak again. The Markets should force a Trade Solution soon.

The  S&P 500 Index fell below the Red Line (50-day avg.) of 2858, and now needs to hold at last Monday’s Low of 2801. to remain Bullish. A Close above 2892 should bring in more Buyers.

Crude Oil was down big at $3.69  today at $67.75. ______________________________________________________________________________________________________

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

 

BUYS TODAY    5/23/2019    NONE TODAY

 

Money Wave Buys Signals Soon:   (Best to Buy when the S&P 500 is also in the Green Zone.)      

ANF   ABERCROMBIE & FITCH      Medium Term Buy when it Closes Above the Red Line of $26.33.     

BLL   BALL CORP.   

CDNS     CADENCE DESIGN  

DIS    WALT DISNEY CO.    Buy when it Closes above $135.97 on Higher Volume.

EDU    NEW ORIENTAL EDUCATION    Medium Term Buy when it Closes Above the Red Line of $85.92.     

LSCC   LATTICE SEMI    Medium Term Buy when it Closes Above the Red Line of $12.54.     

SBUX    STARBUCKS CORP.

 

NON US INVESTMENTS   (These will not be logged.)   

IOF.L    IOFINA INC.    (London LSE)     

JLP.L   JUBILEE PLATINUM     (London LSE)

OCDO.L    OCADO LTD.     (London LSE)    

  

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).

______________________________________________________________________________________

 

SELLS TODAY   

 

AVP   AVON PRODUCTS    EXIT AVP today if you can get at least $3.55, or have a tight Sell Stop Loss below it to capture a 17% Gain. 

LOWER  the Sell Stop Loss on      AVGO    BROADCOM INC.    to today’s Low of $258.17. 

CHANGE    XLK    TECH FUND    to Long Term (Sell Stop Below the Green Line of $69.91).

CHANGE    XLY    CONSUMER FUND    to Long Term (Sell Stop Below the Green Line of $108.93).

We will  EXIT    USO    US OIL Fund  tomorrow on the Close if the Weekly Close is below the Green Line of $12.55.

 

EXIT    AYX     ALTERIX, INC.     if it is going to Close below your Buy Price, or $87.97. This trade was not logged.

EXIT     CVNA    CARVANA CO. if it is going to Close below $65.00. This trade was not logged.

 

 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.

Posted By AbovetheGreenLine at 2:36 pm Leave a Comment Tagged With: premium

Leave a Reply Cancel reply

You must be logged in to post a comment.

Voted #1 at Stock Charts

SH Chart
Inverse S&P 500 Fund (SH) will have a Money Wave Buy today.

Help Us Help Animals

Help Us Help Animals

Recent Comments

  • Money Wave Alert! Mar 27, 2023 – InvFuture Education on Money Wave Alert! Mar 27, 2023
  • Green Line Weekly! Mar 26, 2023 – InvFuture Education on Green Line Weekly! Mar 26, 2023
  • Green Line Weekly Mar 26, 2023 – InvFuture Education on Green Line Weekly Mar 26, 2023
  • AbovetheGreenLine on Money Wave Alert! Mar 22, 2023
  • Jesse Berry on Money Wave Alert! Mar 22, 2023

Become a Green Liner!
Become a Green Liner!

Help me make more Money in the Stock Market.

Above the Green Line

ON ATGL

  • Weekly Commentary
  • Intraday Buy / Sells
  • Day Trade Setup

STRATEGIES

  • Swing Trading
  • Dividend Growth
  • ETF Sector Rotation
  • Dogs of the Dow

HELP

  • ATGL Trading Rules
  • FAQ
  • Account Maintenance
  • Contact US

© Copyright 2021 · AboveTheGreenLine.com · All Rights Reserved · Privacy · Terms · Contact · WatchList · Current