Above the Green Line -01
  • Market Insights
        • Commentary
          • Daily
          • Weekly
        • BUY / SELL SIGNALS
          • Trade Posts
          • Recent Trade Alerts
          • Recent Day Trades
        • BLOGROLL
          • Dividend Growth Blog
          • ETF Sector Blog
          • Dow Dogs
          • TPOW Blog
  • Strategies
        • SWING TRADING
          • Current Positions
          • Watchlists
          • Closed Positions
          • Candidates - TOP 100
          • Specialty Stocks
        • WEEKLY STOCK PICK
          • TPOW Charts
          • TPOW Performance
          • TPOW Strategy Guide
          • TPOW Performance Dashboard
        • DAY TRADING
          • Watch List
        • ATGL DASHBOARD
        • ETF STRATEGIES
          • ETF Sector Rotation
          • ETF Sector Portfolio
        • DIVIDEND GROWTH
          • Dividend Growth Portfolio
          • Dividend Calendar
        • DOGS OF THE DOW
          • Dogs of the Dow Portfolio
          • DOW 5 Portfolio
  • Markets
        • US MARKET
          • Commodities
          • Energy
          • Precious Metals
          • Volatility
        • GLOBAL MARKETS
          • Market Indices
          • Economic Calendar
          • FOREX Heat Map
          • FOREX Cross Rates
          • Crypto Currency Market
  • Investing
    • Discord Community
    • Dashboard
  • Resources
        • ARTICLES
          • Dividend Growth Model Articles
          • ETF Articles
          • Investment Strategies Articles
          • Market and Economic Insights
          • Stock Trade Articles
          • Stock Reviews
        • TOOLS
          • Stock Scanners
          • Charting Software
          • Brokerage Firms
        • STOCK CHARTS
          • Key Components
          • Reading Charts
          • Drawing Stock Charts
          • Identifying Trends
        • RETIREMENT PLANNING
  • About
    • Contact Us
    • How to Win
    • #1 At Stockcharts
    • Disclaimer
    • FAQ
  • Log In
  • Subscribe

November 23, 2018

Money Wave Alert! Nov 23, 2018

DIA Chart
The DOW Index is back down in the Green Zone.

 

Markets  were down  today as AAPL is still weak and dragging down the Tech sector. Volume was Low Holiday trading.  We are waiting to see if the Indices are going to Hold and Bounce at the Support of  the October Lows. 

If the S&P 500 can make a Higher Low  or Double Bottom soon, we could see a “W” pattern for a much larger rally up. Some Defensive Sectors are not dropping much at all, indicating that Money is not leaving the Markets, just rotating.

The Strongest Leaders need to hold above their Green Lines here, and then could see nice moves up. We have lowered the Stop on many Positions, betting on a “W” bounce of the Leaders.

 

Crude Oil  dumped down today at  $51.00. 

____________________________________________________________________________________

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

 

BUYS TODAY   

 

KDP    KEURIG DR. PEPPER     Money Wave Buy today.  Target is $29.00. Place Sell Stop Loss below $25.65 on the Close.

 

DXCM    DEXCOM, INC     Money Wave Buy today.  DXCM will not be logged, as the Volume is below average.    

ETSY    ETSY, INC.    Money Wave Buy today.  ETSY will not be logged, as it is already up 3% today. 

TWLO    TWILLIO INC.    Money Wave Buy today.  TWLO will not be logged, as it is already up 5% today. 

We will “Not Log” trades if the Reward/Risk is not at least 2:1.

 

Money Wave Buys Signals Soon:   

AMD    ADVANCED MICRO        
ENDP    ENDO PHARMA.   Place Buy Stop Order above $13.75.
TRIP    TRIP ADVISOR   
WMT    WALMART INC.    Relative Strength is Below 90.
XLP    CONSUMER STAPLES FUND 
XLV    HEALTH CARE FUND    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).

______________________________________________________________________________________

 

SELLS TODAY     

LOWER the Sell Stop Loss on    USO    US OIL FUND    to $10.50 until the Selling Climax is over.

 

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!

Related Post

– Money Wave Alert! Nov 21, 2018

– Money Wave Alert! Nov 13, 2018

Subscribe to Our Newsletter

AGL Logo

Get our eBook Now!

Candlestick - A Swing Traders Friend

We don’t spam! Read our privacy policy for more info.

You’ve been successfully subscribed to our newsletter!

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

  • Market Breadth Indicators: A Trader’s Guide to Early Trend Detection on Backtesting: Definition and How a Trading Strategy Backtest Works
  • Island Reversal Pattern: Definition and Formation Explained on Double Top Pattern: How to Identify and Trade This Reversal Signal
  • Channel Pattern Guide: What It Is and Why It Matters on A Guide to Forecasting Using Moving Averages
  • What Is a Broadening Bottom Chart Pattern? Full Guide on Bull vs. Bear Market: An Investor’s Guide to Market Phases
  • ATGL Weekly Money Flow - 2025-05-11 on ATGL Top Pick of the Week! Apr 6, 2025

Become a Green Liner!
Become a Green Liner!

Help me make more Money in the Stock Market.

ON ATGL

  • DashBoard
  • Weekly Commentary
  • Daily Buy / Sell Signals
  • Day Trade Setup
  • Trading Rooms

Design & Develop By Pixelvect

STRATEGIES

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

HELP

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

FOLLOW US

Instagram Linkedin Twitter Facebook

© COPYRIGHT 2024 · ABOVETHEGREENLINE.COM · ALL RIGHTS RESERVED · PRIVACY · TERMS · CONTACT · WATCHLIST · CURRENT