Swing Trading: CHD Present Rare Cup & Handle Opportunity

Swing Trading: CHD Present Rare Cup & Handle Opportunity

If you subscribe to our weekly newsletter, you might have caught this one rare bird in the mix: a cup and handle pattern that’s now poised to break out. The stock is Church & Dwight (CHD) a producer of household goods. And the short-term swing set up goes like...
A Rare “Roof Pattern” in NJR Sets Up for a Tricky Swing Trade

A Rare “Roof Pattern” in NJR Sets Up for a Tricky Swing Trade

A Roof pattern is a relatively new formation that was discovered by technical and author Thomas Bulkowski in 2005. New Jersey Resources Corp (NJR), a company in the natural gas industry, gave swing traders a glimpse of this pattern, and with it, an opportunity to...
Swing Trading: Netflix Broadening Bottom Breaks Toward the Upside

Swing Trading: Netflix Broadening Bottom Breaks Toward the Upside

We covered this late last month. The breakout is now toward the upside, a historical rate of 65% in meeting its upper bound objective (though not necessarily 100% of the profit target, more like 75%). Long-term sentiment appears to be sideways (see GMMA) though...
Weekly Sector Pivot Points 4.04.21

Weekly Sector Pivot Points 4.04.21

Communications (XLC) S2 S1 Pivot R1 R2 71.16 72.87 73.75 75.46 76.34   Consumer Discretionary (XLY) S2 S1 Pivot R1 R2 161.70 165.56 167.63 171.49 173.56   Consumer Staples (XLP) S2 S1 Pivot R1 R2 66.48 67.23 68.28 69.03 70.08   Energy (XLE) S2 S1 Pivot...
Swing Trade Snapshots – Pipes Abound

Swing Trade Snapshots – Pipes Abound

Pipe tops and bottoms are frequent patterns that give swing traders opportunities to seek near term profits. We covered the pipe trading tactics earlier, so we’ll list the patterns we’ve published over the last few weeks.   These are just a few of the patterns we...