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

September 12, 2017

Money Wave Alert! Sep 12, 2017

AAPL Chart
Apple Could Not Make New Highs on iPhone X Release.

Markets were mostly higher today, as the S&P 500 was able to Close at a New High last night.  Most of the other Indices are back up to the early August Highs. We will see if they can get thru here.

WAIT for Green Zone Buys.

Crude Oil  is  up today at $48.25 / barrel. 

_______________________________________________________________________________________

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

 

BUYS TODAY:   NONE TODAY

Be patient and WAIT for Money Wave Buy soon for:     FOLD   AMICUS THERA,      GLUU   GLU MOBILE INC,    KEM   KEMET CORP,   KTOS   KRATOS DEFENSE,    &  WTW   WEIGHT WATCHERS INC.   We will email you when they are ready. Click on WatchList

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   IMGN    IMMUNOGEN INC.  to the Red Line of $6.52 on the Close, as IMGN still has 97 Relative Strength and is Above the Red Line..

EXIT    VRTX   VERTEX PHARM.   if it is going to Close below the Pink Line around $158.12.

 

PORTFOLIO  (Open Positions)

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 2:34 pm 2 Comments

Comments

  1. broberge says

    September 12, 2017 at 3:00 pm

    Hi, when you say, ” Place Sell Stop Loss Below $7.02 on the Close.”. Do you mean an automatic “sell stop” that is triggered by the price of the stock ? My IMGN stocks were sold this morning when the price reach $7.00 . And now you say, “Lower the Sell Stop Loss”. I’m very confused… Thanks

    Log in to Reply
    • AbovetheGreenLine says

      September 12, 2017 at 3:07 pm

      We normally do not SELL unless the Investment CLOSES below Support, to avoid “Intra-day whipsaws”…

      IMGN Closed below Support of $7.02, so normally we would have Sold on the Close with a bad loss.

      Since IMGN still has 97 Relative Strength, and is Above the Red Line, we will hold on for a probable bounce off the Red Line.

      If not, we will EXIT.

      Log in to Reply

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

  • Green Line Weekly! January 29, 2023 - HelpDash on Green Line Weekly! Jan 29, 2023
  • 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

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