PA9 trade ideas
TRV, Trend ReversalThere have been 4 strong tests on the trend line, the first three were over sold, the last one the looks like it's about to break out and is a.) mid BB and b.) right on the MA line. There is also a cross of the 50 and 200 SMA lines, and consolidation has already begun at the trend line. I have added this to my Schwab watch list and will be watching over the next week for the breakout candle so that I can set my buy and stop conditions. If anyone disagrees, Id love to hear your thoughts. I am fairly new to trading.
TRV @ daily @ nearest to ATL (30 dow shares), but good picture This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
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4XSetUps for next week - friday close (DOW 30 Index & all shares)
Best regards :)
Aaron
$TRV Buy LevelTravelers Companies Inc (NYSE:TRV) is finally having a corrective move. The stock had an amazing move from $103.50 to $123.00 between November and December 2016. In Travelers' history, this percentage move in such a short time is unparalleled. As impressive a move as that was, the stock is now correcting sharply lower. As the stock collapses, smart investors are looking for the perfect entry price. The buy level that stands out is found by simply looking at the daily moving averages. The 50 and 200 moving averages are together at a price of $114.75. In addition, the Fibonacci 38.2% retrace is right above that. This gives the best investors and traders in the world a solid entry range of $115.00. I will be looking to buy here.
Check out every trade I take on Verified Investing: verifiedinvesting.com
Another ending diagonal ? Price finally broke below the (ii) (iv) trend line offers us a great short opportunity
DOWNTRENDSHORT. VEMOS UN PATRON DE TRIANGULO ASCENDENTE PERO TODAVÍA LE FALTA PARA LLEGAR A LA LINEA DE RESISTENCIA. EL SAR ESTA EN SU INICIO DE CAMBIAR TENDENCIA. SUMADO A QUE ANUNCIARON GANANCIAS Y NO FUERON BUENAS NOTICIAS.
#TRVDid we break resistance? :) if yes.. we can go long and buy this stock.. nice opportunity to earn some money. In other case #TRV will go to south.. to last support on ~102.00.
Simple Trading Techniques – Bullish Strategy
Go long the TRV if it trades at 116.37 or higher. If triggered, place your stop at 115.31 and exit the position for a profit at 117.32 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely).
Learn the rules of this strategy at: www.udemy.com
DOW JONES OVERVIEW: TRAVELERS IN FIRM 10-YEAR UPTRENDTravelers is the second best looking stock in our Dow Jones Overviews so far (after Nike)
On long term basis it is trading firmly above 10-year uptrend border - 1st standard deviation from 10-year mean (at 87.75) - and did not even tag it during the August market-wide sell-off
Price is also currently testing the 5-year uptrend, trading close to its border - the 1st standard deviation from 5-year mean (at 100.25)
On short term perspective nothing stops the price from trending upwards - as it is showing no trends here (trading within 1-st standard deviations from 1-year and quarterly means)
TRV a Long entry on a oversold stockTRV is in a primary and secondary uptrend. In the lesser period we do have a downtrend. The stock retraced to a fibonacci retracement and to a long uptrend line. Also we do have a round number acting as support in the 100. The OBV is sideways.
We closed below the lower keltner channel line. This means a really oversold stock in the lesser timeframe.
I do have a long entry as soon as we breach yesterday high. My stop would be below 100,00 and my target is pretty clse to the last top in 108.
By this means i do have a U$2,00 stop to a potential profit of U$ 8,00 .
TRV Travelers Co trimmedLonger term supply signals since December, January mid term supply and now difficulty getting through L7 Cyclical Resistance. I have trimmed to a 1/3 position and tightened stops. This is more than normal since the SPY, IVV, ES E-mini, etc are all showing excess supply coming in.
Travelers (NYSE:TRV): Potential Topping TailTravelers Companies Inc (NYSE:TRV) is pulling back off the highs of the day and could be putting in a top. The signal is a topping tail which is a bearish sign for Travelers. Please note, this must close the day as a topping tail to be fully formed. At 4PM check this chart again. If a topping tail exists, downside is extremely likely. The fall would find first support at $99.85.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
TRV travelling in the right directionOn the weekly chart TRV looks to be in a fairly linear trend, but some of the pullbacks have been too deep and would have stopped most trend traders out of their long positions.
The more recent consolidation can be seen on the daily chart. Since earnings were announced price has risen quickly, breaking out of the consolidation zone and breaking through the figure 100. However, this has been on lower volume, which is not ideal.
If price can stay above 100 and break the 31st October's all time high then a buy opportunity may well present itself.
TRV: Distribution Channel: Get PaidExpecting a nice breakdown over the upcoming weeks back to significant support. Keep in mind larger time frame is in control and the distribution pattern does take time.
Getting Long Strong Stocks on the Sell-Off Makes Sense: TRVThe Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States. Today a trader sold 2080 TRV May 90 Calls that they were long and then bought the June 92.5 Calls. This means that a trader does not want to convert there Deep In the Money Calls into long stock, but they still expect more upside until June expiration. I think that even though TRV has sold off there is more potential upside, so I bought the TRV June 92.5 Calls for $1.00
My Trade: Buying the TRV June 92.5 Calls for $1.00 debit
Risk: $100 per 1 lot
Reward Potential: Unlimited
Targets: Sell 25% at $1.20, Sell 25% at $1.40, Sell 25% at $1.60, Sell 25% at $1.80
Greeks of this Trade:
Delta: Long
Gamma: Long
Theta: Short
Vega: Long
