Wednesday, March 7, 2018

Watch-list for Wednesday, March 07 $AXS $TWTR $TRIP $TXN $DHI $GRPN

At the moment that i'm making this blog post, market is trying to recovery from the pullback occurred in After Hours of the regular trade session, which could implies some volatility when market open. However, there is some nice setups that worth watch! Stay cautious

Axis Capital Holdings Ltd.
AXS --->> Following my last blog post, this setup is corresponding very well to my expectations! Shares rose almost 3% on regular trade session, breaking an important resistance area! If you look to technically side, you will look for a stock that is trading under high volume and buying pressure! Also MACD is bullish crossover, giving Buy signal! Swing trade is on.

Twitter, Inc.
TWTR --->>> It made a nice consolidation of last gains! Momentum is strong and is setting up for news Highs! Breakout Player.

TripAdvisor, Inc.
TRIP ---->>> Another nice consolidation of last strong move! Is building Momentum to spike higher again.

Texas Instruments, Inc.
TXN --->>> One of my favorite setups on this moment! Chart speaks for itself! Big Breakout coming.

DR Horton Inc.
DHI ---> Is bouncing from top of it's 200 Moving Average! I'll be watching for a break above it's 20 Moving Average! Could be a good point for an entry for a swing trade. Nice chart.

Groupon Inc.
GRPN --->>> Crossed and close above it's 20 Moving Average with strong divergences on chart. 50 Moving Average test coming.


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