ProfitableTradingSignals

ProfitableTradingSignals

Nice channel on the daily chart, watch for any breakout to the upside, first price target is $58.

ProfitableTradingSignals

Some traders believe that the P/E ratio (Price to Earnings) of a company can be used to make good trading decisions. This ratio basically measures how "cheap" ("undervalued") a company's stock price is by comparing its earnings-per-share (EPS) to its current stock price. The generally accepted idea is that stocks with a "low" P/E ratio are "good", while those...

ProfitableTradingSignals

Vipshop Holdings Ltd (Nasdaq symbol is VIPS) has now left its neat parallel channel on the daily chart and could hit the $20 price target soon. Please note that Chinese stocks traded on the Nasdaq are usually volatile but can deliver fantastic returns in a short period of time. Stay tuned for updates.

ProfitableTradingSignals

Golden Ocean Group Limited (Nasdaq symbol is GOGL) is now breaking up from its parallel channel and could touch the $15.50 level in a matter of days, on the daily chart. Please note that all my trade ideas deal with very liquid stocks from well capitalized companies. Stay tuned (or hit that Follow button) for updates and more trading ideas. Happy trading and...

ProfitableTradingSignals

Advanced Micro Devices Inc (Nasdaq symbol AMD) has printed a nice channel on the daily chart, as you can see. A breakout to the upside (the most probable scenario) could take this stock to the $225 level and beyond. I will keep you posted.