Every Monday, I’ll share three of the stocks I’m looking at this week.
Most of these will be identified using the Market Roadmap!
Remember: I’m a technical trader. I’m looking at these based purely on the technical levels I’m seeing on the chart, not any fundamental analysis.
So there won’t be some long story about why I’m trading it, just a chart and a few words about the levels I’m watching.
So here goes!
WEAT is the Teucrium Wheat Fund ETV. It starts to get real interesting if it moves above and stays above $10. COuld be room for a big move higher.
The last time we saw SQQQ hit the Market Roadmap line, we got a big bounce (represented by a drop in the market. This is a “short” ETF, meaning it goes up when the market goes down). Is that going to happen again?
UNG is a stock I traded over the summer on its monster run higher. It has the potential to make another run back up once it gets back above the $23 area.
Keep an eye on those three stocks and those key levels.
Jeffry Turnmire and InvestPub do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.
Daily Profit Publishing and Jeffry Turnmire do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.
We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.
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