Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

My 3 Swing Trade Stocks To Watch

Published 03/28/2017, 01:03 AM
Updated 07/09/2023, 06:31 AM
VIAV
-
CL
-
AMKR
-
TKR
-

Three trade setups to watch today

Did you like that bounce this morning off of the morning lows? I said to be aware of it in my trading notes I released in the premarket. This isn't some crazy prediction come true by me, but really just years of observing price action and tape reading that allowed me to recognize the price action as a likely buying opportunity early on.

The keys for tomorrow rests with finance and oil. If either of these bounce tomorrow, there is a good chance this market will want to rally and possibly rally hard. I am currently setup for such a scenario, and my focus will be on the financials tomorrow morning as a result.

So take a look at some of my long and short setups below and see what you think.

Long Amkor Technology (NASDAQ:AMKR)

AMKR Daily Chart

Long Viavi Solutions (NASDAQ:VIAV)

VIAV Daily Chart

Short Timken Company (NYSE:TKR)

TKR Daily Chart

Original post

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.