Best Trading Ideas |BUY & SELL| 28 Dec

BUY Trade: Fiserv, Inc. (FI) – 133.01

Best Trading

Trade Details:

1. This stock has formed a consolidation zone and it seems like giving a breakout above the upper trendline.
2. If the market opens a Gap down then wait for the trendline breakout it may bounce again to the higher levels or towards our target price.
3. Ignore this trade if this stock doesn’t breakout and fall again after gap down opening.
4. RSI is becoming bullish after trading in a flat range. It may shoot up to 80 levels.
5. Trail your stop loss at entry price after getting a 1:1 risk reward.
6. Risk Reward 1:2.5+
   
   Trade, SL, and Target –

Entry = 133.40

Stop Loss = 132.29

Target = 136.45

Please note: If you want to trade with high confirmation then enter into this trade only above its EMA levels.

Bullish Trade: Air Products and Chemicals, Inc. (APD) – 275.69

Trade Details:

1. This stock’s will try to give a breakout above the high resistance zone.
2. There was a trendline earlier from the current levels and after respecting its trendline as the support now it is ready for a breakout above the last resistance levels.
3. It has a perfect price action
4. You can keep your stop loss strict, if you are able to take high risks then keep your SL below the last lower swing while managing position sizing.
5. RSI is in very bullish trend and it will continue with the over all market trend.
6. You can also wait for the bigger target after its crosses 285 for the final target of 300.
7. Risk Reward = 1:3.5+

Trade SL and Target –

Entry = 276

Stop Loss = 273.48

Target = 285

Please note: Ignore this trade if it starts trading below its EMA or opens gap down.

Long Trade: Raymond James Financial, Inc. (RJF)– 113.17

1. This stock is trying to give a reversal from the lower EMA support levels.
2. Reversing from its EMA support levels with very good bullish candles.
3. It may open gap down and the will shoot up very quick after taking support at its EMA levels.
4. Trade only above the entry point otherwise it may reverse to the lower levels and continue in the same range.
5. RSI is trading flat in a bullish zone and it may go up again up to 75 levels.
6. Strictly follow the Stoploss and Target and trail your stop loss around cost after getting 1:1 risk reward on your trade.
7. Risk Reward = 1:3

Trade SL and Target –

Entry = 113.25

Stop Loss = 112.31

Target = 116

Please note: It may take a pullback so you must enter into this trade only if it starts trading above the last two candles of 1Hr.

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