Tuesday, March 6, 2018

Long setups for Tuesday, March 06 $DDD $AXS $TRIP $F $WMT $FSLR

3D Systems Corp.
DDD --->> $11.80 was the biggest level to break, as i mentioned in my last blog post, and it broke so well in last trade session! Now, 200 Moving Average is the next level to break! If high Momentum continue, it could be huge.

Axis Capital Holdings Ltd.
AXS --->> It is breaking up to the upside with nicely divergences on chart! We could get here a nice swing trade toward its 200 Moving Average! On watch.

TripAdvisor, Inc.
TRIP --->>> Made a strong bounce after touched it's 200 Moving Average! It rose more than 5% with decent volume, crossing and closing well above it's 20 Moving Average and near of High of the Day. Watching for continuation.

Ford Motor Co.
F --->>>> Following my last blog post, the bounce was confirmed and is now on the verge to make a Base Breakout! To note that accumulation is rising again! Buyers are back! $11 could be tested today.

Walmart Inc.
WMT --->>> Is starting a bounce from the top of it's 200 Moving Average and chart is starting to show positive divergences! I opened a long position yesterday with initial target it's 20 Moving Average.

First Solar Inc.
FSLR --->>> Very important Breakout ahead! If made on volume, it could test $76.61 easily. Nice chart, showing high Accumulation. Stay tuned.

All charts posted above are focused for swing trading! It could take a week or more, depending on market conditions, to hit the targets! If you are interested in daytrading, i suggest you to join me and Faisamtrader team on live trading room, where you will get high quality alerts! Use code fonsie30off and get 30% off when subscribe! Click here


All charts posted here are merely tools to study based on major technical indicators!! It is up to the reader to decide whether the stocks mentioned above are appropriate for your strategy! I warn that the good performance of a stock not depends only the technical data and I can not responsible for any trade that goes wrong!! Follow me on Twitter and Stocktwits, during the day I post some good ideas of trade