Recent content by InTheMoneyStocks

Alert: China Stocks Are Screaming Buys There is a trade war in progress right now. That is old news to anyone paying attention in the world. Most investors would shy away from buying China stocks. In fact, most China stocks are not far from 52 week lows, some even near multi-year lows. However...

Here’s The Gann Trade Level For Delta Air Lines $DAL Delta Air Lines Inc (NYSE:DAL) was crushed yesterday after it raised its FY19 unit cost outlook to +2% from +1%. The shares plunged lower by nearly 5.0% on the news and are currently trading around $52.97 a share. Traders should note that DAL...

Marijuana Stocks Get Strong Buy Alert Marijuana stocks like Tilray (TLRY), Aurora Cannabis (ACB) and Canopy Growth (CGC) got a strong buy technical alert today after they flushed early and recovered to turn green. This turnaround is occurring while the S&P 500 is down 2% on the day. This speaks...

Watch Out When Microsoft $MSFT Does This… The market is hanging by a thread after the ISM index showed a major contraction in the economy today. Microsoft (MSFT) is worth over $1 trillion and can arguably dictate the price action in the whole market. Therefore, if Microsoft breaks an epic...

Ollie’s Bargain Outlet $OLLI Is Still Not On Sale, Here’s The Buy Level In late August, the shares of Ollie’s Bargain Outlet Holdings Inc (NASDAQ:OLLI) tumbled after reporting earnings that failed to impress Wall Street. The stock topped out in May 2019 at $103.03 a share. Since that high...

First Solar Inc Bounces Off Daily Chart Support, But This Trade Level Is Better $FSLR Leading solar company, First Solar Inc (NASDAQ:FSLR), bounced off of the $56.00 level today. This level was a very important daily chart gap fill from April 9, 2019. It is possible that this current support...

Natural Gas Nears Technical Bounce Level $UNG The Natural Gas ETF (UNG) has fallen from above $23 to $20 in just two weeks. The $23 pivot top represented a daily chart hit of the 200 moving average (resistance). This $20 level represents a hit of the daily 50 moving average (support). Just...

Canopy Growth $CGC Hits Double Bottom Shares of Canopy Growth (CGC) hit double bottom support today. In general, swing traders are buying this play for a bounce off the $22.50 level. Upside is back to $25 near-term, then $32.00. As marijuana stocks are trading new 52 week lows and even...

Darden Restaurants $DRI Has Been Crushed Since Earnings, Here’s The Trade Leading restaurant stock, Darden Restaurants Inc (NYSE:DRI), has been selling off sharply since reporting earnings on September 19th, 2019. The stock was trading as high as $127.60 a share before its earnings...

$ROKU Tags Epic Gap Fill, Bounce Likely Shares of ROKU have collapsed in the last few weeks, falling from an all-time high of over $175 to a low today of $98.65. Today is the first day a major bottom may have been put in. The reason is an epic gap fill, a technical point on the chart was...

The S&P 500 E-Mini Just Triggered A Head & Shoulder Top The S&P 500 E-mini futures just triggered a head and shoulders top pattern on the hourly chart. This pattern signals a decline into the 2930.00 area due to the calculation. Full disclosure, I own SDS shares. Nicholas Santiago...

Alert: Strong U.S. Steel $X Reversal Is Bullish Shares of U.S. Steel (X) opened sharply lower today, hitting a double bottom and multi-year low. However, in dramatic fashion, U.S. Steel started to climb, quickly turning positive. This price action shows major accumulation and buying pressure...

FedEx Corp Is Still Sinking, Here’s The Only Trade Level I Could Find Last week, FedEx Corp (NYSE:FDX) plunged lower after reporting earnings. The company gave a pessimistic view of the global economy and cut its guidance. They also cited political uncertainty and trade tensions for the...

Tilray Inc $TLRY Bull Flag Ready To Blast Share of Tilray Inc (TLRY) are putting in a gorgeous bull flag consolidation pattern. This signals major upside in the coming days. Likely as early as next week a move could begin with an upside target of $39.00 for the current $30.72. For a breakout of...

Corning $GLW Sunk After Cutting Its Outlook And Still Has Lower To Go A couple of days ago, leading specialty glass and ceramics manufacturer, Corning Inc (NYSE:GLW), tumbled after cutting its outlook for two large parts of its business. Corning warned that it is reducing its expectations for...