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

October 18, 2022

Money Wave Alert! Oct 18, 2022

SPX Chart
The S&P 500 Index was higher and is finally returning up near the 50-day avg.

Markets “gapped up” higher today and the S&P 500 Index is getting close to the 50-day average. The S&P 500 was able to close above 3700 to squeeze out more Short Sellers. Most of the Margin accounts have been flushed, and the “weak hands” have sold on FEAR.

Long Term Interest Rates made new highs this morning, but might be reversing today for a Top. We are waiting for the US Dollar and long Rates to correct back down towards the Green Lines. We are not Selling our strong stock positions on this emotional FEAR FLUSH. Securities that are still Above the Green Lines now should bounce up well on the next rally.

Please be patient and wait for Buy Signals for that are still Above the Green Lines.  BUYS SOON – CHARTS  The best moves are when the S&P 500 Index is also coming up out of the Green Zone.  

_________________________________________________________________________________________________________________

BUYS TODAY   10/18/2022    NONE TODAY    

 

BUYS TOMORROW     

ENPH      ENPHASE ENERGY    Buy above $260 with High Volume with a 5% Trailing Sell Stop Loss below it.     

ENVX      ENOVIX CORP.       Buy above $18.23 with High Volume with a 5% Trailing Sell Stop Loss below it.  

RVNC      REVANCE THERA.      Wait for Money Wave Close > 20 with High Volume.

Shop for a better price earlier in the day with Triple Buy Signal, on the same day that a Daily Money Wave Buy Signal will occur.  

BUYS SOON       

FNGR      FINGERMOTION INC.      Wait for Money Wave Close > 20 with High Volume.

FREY      FREYR BATTERY      Wait for Money Wave Close > 20 with High Volume.

PCG       PG&E CORP.      Money Wave must Close in the Green Zone.     

TCRT      ALAUNOS THERA.      Below the Green Line. AVOID.

Please be patient and Wait for Money Wave Buy Signals.  We will email you when they are ready. Follow on the WATCH LIST.   

SELLS TODAY       

UNG      US NAT’L. GAS FUND      Lower Sell Stop Loss below $19.50 until it bottoms. 

____________________________________________________________________________________________________

DAY TRADING SETUPS.  A few Triple Buy Pops today: CCL (+12%) VERU (+9%) TARK (+8%) SOXL (+8%) & LABU (+8%). ( Try out the New Side by Side layout.      

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were up today but are Way Below the Green Line.  

Crude Oil was down $2.21 today at $82.31.

MY TRADING DASHBOARD 
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM   
New TOP 100 LIST Updated Oct 1, 2022

Many like to Buy the Swing Trades just before the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and up out of the Green Zone). Don’t Buy if the Security has already popped up too much. Money Wave Buy Signals 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, or Low Volume. These have more risk.   

Posted By AbovetheGreenLine at 2:47 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 24, 2023 – InvFuture Education on Money Wave Alert! Mar 24, 2023
  • Money Wave Alert! Mar 23, 2023 – InvFuture Education on Money Wave Alert! Mar 23, 2023
  • Target was Hit on Coty Inc. (COTY) for a 4.7 % Gain. – InvFuture Education on Target was Hit on Coty Inc. (COTY) for a 4.7 % Gain.
  • Money Wave Alert! Mar 22, 2023 – InvFuture Education on Money Wave Alert! Mar 22, 2023
  • Money Wave Alert! Mar 21, 2023 – InvFuture Education on Money Wave Alert! Mar 21, 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