REIT (RLJ Lodging)

Buy at the last close over the ema(21)

A tight stop loss

Target at the last resistance high

Financials to the upside?

The Dow dropped 1.5%, Nasdaq Composite -3%, small caps -2%, financials only had a small percentage down. 

Let’s wait for tomorrow action and the up trending line.

Shalom alle,

Long Idea QQQ and SNPS

This is written before 3:00 pm, so the close is yet to be seen, anyway as they say, speculation needs a bit of anticipation so let’s see.

A succession of lower lows was interrupted for the qqq

Very important, the ema(21) was penetrated yesterday

The qqq is developing what looks like, in chartist language, “an inverted heads and shoulder pattern”

So what we need is the completion of the HS pattern with a close above 168.1

What we need for opening a long in SNPS is

QQQ breaking above 168.1

SNPS breaking above the high of the last ema(21) break

Stop loss below the last higher low, it should hold for a successful swing high

Shalom everyone

Analog Devices

Y esta es la última idea de hoy, para un eventual rebote, comprar a 87.15, stop loss a 85.40, risk /reward 1:1, beneficio rápido 2%.

Pasito a pasito

Buena suerte

Lennar Corporation (LEN)

Fellows we’re fighting the tide here, but still, follow Lennar action to see if the recently formed up channel can hold.

Hewlett Packard Enterprise Company (HPE)

This one is for all of you that follow Fibonacci retracements.

HPE has a three days base at 15.18, if that level hold, there’s a fighting chance from 15.45 to 15.70

Shalom,