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Old May 15, 2018, 6:55pm   #1276
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See It & Profit: Trade Setups, Million Dollar Market Analysis

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Old May 16, 2018, 5:27pm   #1277
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The Trend In Mohawk Industries Is Down, Where Is The Bottom?

InTheMoneyStocks started this thread Mohawk Industries Inc (NYSE:MHK) is a leading flooring manufacturer that creates products for residential and commercial spaces around the world. The stock peaked out on December 4, 2017 at $286.85 a share. Since that high pivot, the stock has steadily been declining and trending lower. Today, MHK stock is trading lower by 0.47 cents to $208.41 a share. The next important support level for MHK stock will be around the psychological $200.00 level, but that may not hold very long. You see, MHK stock trades less than a million share a day on average. Very often, stocks that do not trade heavy volume or over a million shares a day are susceptible to trading below there near term technical support levels. This is called overshoot and it tells me that the $185.00 area will likely be the next spot for a major bottom in the stock.


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Old May 16, 2018, 6:00pm   #1278
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Target Short Level Within Reach On Whiting Petroleum Corp $WLL

InTheMoneyStocks started this thread Shares of Whiting Petroleum Corp (WLL) are up over 150% since February 2018. This is due to a short squeeze based on crude oil spiking higher for most of 2018. With the bulls in full charge and the greed indicators flashing red, smart money is starting to scope out a short level. Based on the stock chart, a short can be taken at $53.00. This is a beautiful double top which provides the technical short signal to match the overbought greed indicators. Once hit, look for Whiting Petroleum to fall sharply back to $41.35.

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Old May 17, 2018, 5:30pm   #1279
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Emerging Markets Are Falling And They Can't Get Up

InTheMoneyStocks started this thread The popular iShares MSCI Emerging Markets ETF (NYSEArca:EEM) topped out on January 26, 2018 along with the major stock market indexes. The January peak for the EEM was $52.08 and since that high in the share price it has tumbled. Currently, the EEM is trading down by 0.54 cents to $46.64 a share. At this time, the EEM is holding and trading just above its important 50-week moving average. Should price close below this major moving average the next critical support area will be around the $42.75 level. This support area would be a major retrace level and spot where the equity broke out in August 2017. Often, major breakout levels will serve as major support when retested. Keep the $42.75 level on the radar for the EEM.


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Old May 17, 2018, 5:58pm   #1280
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This Pattern Signals $17.50 Target On General Electric $GE

InTheMoneyStocks started this thread Shares of General Electric (GE) are one of the best performing S&P stocks in the last two months. Up 22% in since April 2018 has investors cheering after the company beat earnings and put to rest any worry that they would cut the dividend. There may in fact be reason to cheer for more upside. The stock just broke the neckline of an inverse head and shoulder pattern. This is an extreme bullish signal for General Electric and has a calculated price target of $17.50 attached. While it may pause around this $15.00 level for a week or so, upside should resume quickly as the target could be achieved in June.

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Old May 17, 2018, 8:15pm   #1281
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Make Millions From Trading: See The Analysis & Profit

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Old May 18, 2018, 2:14pm   #1282
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Big Earnings Trades Out Today! AMAT, JWN, DE, BIDU & More In Play

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Old Yesterday, 2:08pm   #1283
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Stock Futures Jump After U.S. Suspends Trade War With China

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Old Yesterday, 4:59pm   #1284
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Fifth Third Bancorp $FITB Drops After Acquisition, Watch This Trade Level

InTheMoneyStocks started this thread Fifth Third Bancorp (NASDAQ:FITB) is a leading bank holding company throughout the Midwestern and Southeastern regions of the United States. Earlier today the firm announced that they would buy MB Financial Inc (NASDAQ:MBFI) for $4.7 billion in stock and cash. The news is causing MBFI stock to surge by more than 13.0 percent to $49.44 a share. Unfortunately, FITB stock is declining by more than 7.00 percent to $30.92 a share, this is type of weakness is very common for the company that is doing the buying. Traders and investors must now look at the charts for the next major support level on FITB. One level for the stock that stands out to me is around the $28.00 area. This is where the stock broke out in November 2017. Often, prior breakout level are excellent support when retested. I will be looking to buy FITB stock around this important trade level.


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Old Yesterday, 6:15pm   #1285
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Transports Trying To Breakout, See The Upside Target

InTheMoneyStocks started this thread Shares of the Transportation ETF (IYT) are breaking a quad top today. This means a possible breakout, should confirmation occur tomorrow. If this happens, the upside on the transports is $207 from its current $196. That is some major juice to the ETF plus a good omen for the stock market. Let's see if confirmation triggers tomorrow...


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Old Today, 2:12pm   #1286
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Lots Of Morning Trade Action: TOL, KSS, PSTG, TJX & More In Play

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Old Today, 4:12pm   #1287
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Dycom Industries Inc $DY is Crushed After Earnings, Watch This Level

InTheMoneyStocks started this thread Dycom Industries Inc (NYSEY) is a leading provider of engineering, construction, and installation services to telecommunication providers. Earlier today, the company reported earnings that are not being well received by the street. The stock is trading lower by over 17.0 percent to $95.46 a share. Traders and investors should note that the stock is now trading sharply below its important 200-day moving average, this is a very bearish indication. The next important support area for the stock will be around the $90.00 level. This is where the stocks has a major gap window from November 17, 2017. Often, major past gap windows should serve as solid support when initially filled in the chart.

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Old Today, 5:32pm   #1288
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If This Level Breaks, 10 Year Yields Spike to 3.50%, Then 4.05%

InTheMoneyStocks started this thread 10 year bond yields are hammering on the 3.10% level. This was the pivot high from 2013 and current resistance. However, should the 10 year yield break over 3.10%, there is no resistance until 3.50%, then 4.05%. While to average investors it may mean little, to smart traders this is huge. The stock market could literally lose 25% of its value if rates spike to 4.05% as big money runs for yields versus the risk of stocks. In addition, U.S. debt payments will spike, likely causing an S&P warning and possible default. The Federal Reserve has put us in a corner where easy/cheap money is the only way to survive. This is a major catastrophe waiting to happen. In my opinion it is not IF rates jump to 3.50 and 4.05%, it is when?...



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Old Today, 7:11pm   #1289
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On Watch: SOHU.com $SOHU Nearing Key Breakout Level

InTheMoneyStocks started this thread Shares of China company SOHU.com (SOHU) are consolidating in a bullish manner just underneath a major breakout level. Should the stock trade through the $38.00 breakout point, SOHU will likely surge as high as $44.00-$45.00. The backing off of trade war fears means Chinese ADR's are back in play for big money hedge funds. Just an added positive. Watch for the breakout and enjoy the swing trade.

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