3/14/16 Daily Banana & Weekly Chimpcast: GM, CSIQ, DHR, HAL

For market opening on Monday, 14 March, 2016

Correction: An earlier version of this post indicated GE is a breakout buy. GM is a breakout buy, as the current version indicates.

Summary

  • CAKE, we continue to wait for an intraday 5% move in our favor or a return to break even at 48.52.
  • COP, we continue to wait for an intraday 5% move in our favor or a return to break even at 34.45.
  • CSIQ has shown two bars below MAC, reversing the current buy setup. This trade has been remove from our list, see chart below.
  • DHR will enter TOMORROW Monday 3/14  on close of trading with risk of 15% and PT1 of 12.55%.
  • GM triggered a buy at close of trading on Friday. We will enter Monday at open of trading with risk and PT1 0.74 from entry. See chart below.
  • HAL saw a 5.2% intraday move on Friday. We now set PT3 at a close below 3-day MA of low. Current level is 34.36.
  • LNKD, no changes in current recommendation, PT2 remains at 123.55.
  • TGT remains below PT1 and above risk. No changes in recommendation. Trade continues until 4/6.
  • WFM has been removed from our list.
  • XHB remains above PT1 and below risk. No changes to current recommendation.

Changes

  • DHR will enter TOMORROW Monday 3/14  on close of trading with risk of 15% and PT1 of 12.55%.
  • HAL saw a 5.2% intraday move on Friday. We now set PT3 at a close below 3-day MA of low. Current level is 34.36.

Triggered Buys

  • GE triggered a buy at close of trading on Friday. We will enter Monday at open of trading with risk and PT1 0.74 from entry. See chart below.

Triggered Sells

No triggered sells today.

Additions

  • GM was added to our list today, see above.

Removals

  • CSIQ has shown two bars below MAC, reversing the current buy setup. This trade has been remove from our list, see chart below.
  • WFM has been removed from our list.

csiq reversal gm trigger