VTV, XLI, EWZ and TLT turned active last week, while ADBE was stopped out.
New Activations
- VTV (Tgt 1 and 2 hit)
- XLI (Tgt 1 hit)
- EWZ (Tgt 1 hit)
- TLT
Previous Activations
- Long NVDA (Tgt 1 hit)
- Short AMZN (Tgt 1 and 2 hit)
- Short ADBE – Stop loss was hit and the trade was stopped out.
- Short ITB (Tgt 1 and 2 hit)
- Short XLV (Tgt 1 and 2 Hit)
- Short CRM (Tgt 1 hit)
- Short AAPL (Tgt 1 and 2 hit)
Active Trades
-The setup turned active on November 2nd with a break above the trendline.
-Both the second and first targets were hit, but price has moved lower after testing the 50-DMA.
-The setup turned active on November 3rd with a close above the trendline.
-Target 1 was hit, and price is now consolidating around the 200-DMA and trendline.
-The setup turned active after a break of the trendline on November 3rd.
-With price breaking the price channel, target 1 was hit.
-The setup turned active on November 2 with a break above the price channel resistance line.
-Price has continued higher as rates have moved lower on disappointing macro data.
-The trade activated on October 30 with a break and close above the downtrend line.
-NVDA has broke through the 50-DMA while it has also hit target 1, nearing target 2.
Short AMZN (Tgt 1 and 2 Hit)
-The trade turned active on September 20 with a break below the trendline.
-Amazon is continuing its post earnings optimism (reported 10/26).
Short ITB (Tgt 1 and 2 Hit)
-The trade activated on September 13 with a move below the trendline.
-ITB has seen a relief rally with rates moving lower as it broke back above trendline and is now testing the 100-DMA.
Short XLV (Tgt 1 and 2 Hit)
-The trade turned active with a break below the trendline on September 5.
-XLV nearly hit target 3, but has staged a comeback recently as it has retraced back above target 2.
Short CRM (Tgt 1 Hit)
-The trade activated on August 2 with a break below the trendline starting in December of 2022.
-CRM briefly fell below its 200-DMA, but is back above it now as it is slightly above its 50-DMA.
Short AAPL (Tgt 1 and 2 Hit)
-The trade was activated on August 2 with the break below the trendline that has held since March.
-AAPL has seen a move higher post its earnings report (11/2) and is back through trendline.
