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 26, 2018

Money Wave Alert! Oct 26, 2018

DIA Chart
The DOW Fund is Holding Above the Green Line.

 

Markets  dropped back down today as they needed to re-test the recent Lows. The major Indices made slightly Lower Lows, but it does not look like they will Close below Wednesday’s Low.

The Markets are extremely over-sold, and the FEAR Index has not made Higher Highs and is in the Red Zone, indicating a Market rally soon. October can be a down month for Markets.

The Strongest Leaders should have nice bounces soon.  The Watch List is very Large.

 

Crude Oil is up slightly at $67.60.

____________________________________________________________________________________

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

 

BUYS TODAY   NONE TODAY

 

Money Wave Buys Signals Soon:   

AES    AES CORP.
AMD    ADVANCED MICRO    Wait for 2nd Buy Signal.    
AMZN    AMAZON.COM     Wait for Medium Term Buy.
CGC    CANOPY GROWTH CORP.
DNR    DENBURY RESOURCES     Wait for Medium Term Buy.   
ENDP    ENDO PHARMA.
ERIC    ERICSSON TELEPHONE 
FTNT    FORTINET INC.    Buy Stop Above  $83.96.
I    INTELSAT GLOBAL
P    PANDORA MEDIA     
PYX    PYXUS INT’L. INC.    
ROKU    ROKU, INC.    Wait for 2nd Buy Signal. 
SQ    SQUARE, INC.     Wait for Medium Term Buy.     
XLY    CONSUMER FUND    Wait for Medium Term Buy. 
  

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    AMD    ADVANCED MICRO     to  today’s Low of $17.05. This is fudging on the Green Line Rules, but the Relative Strength is still 97 (from Investors Daily), and AMD is back down in the Green Zone for another Money Wave Buy soon. It should have a nice rally up near the Pink Line around $23-$24 once it bottoms.

 

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!

Posted By AbovetheGreenLine at 2:39 pm Leave a Comment

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

  • AbovetheGreenLine on Target was Hit on IVERIC Bio for a 13.4% Gain.
  • Gustavo Covacevich on Target was Hit on IVERIC Bio for a 13.4% Gain.
  • AbovetheGreenLine on Money Wave Alert! Jan 31, 2023
  • tri nguyen on Money Wave Alert! Jan 31, 2023
  • AbovetheGreenLine on Money Wave Alert! Jan 17, 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