Best Trading Ideas |BUY & SELL| 01 Dec -

BUY Trade: Amphenol Corporation (APH) – 59.75

Best Trading

Trade Details:

This stock has formed a consolidation zone and it seems like giving a breakout above the range.
If the market opens a Gap down then it may bounce again to the higher levels or towards our target price.
Ignore this trade if this stock doesn’t breakout and fall again after gap down opening.
RSI is in the bullish zone and it shows good strength.
Trail your stop loss at entry price after getting a 1:1 risk reward.
Risk Reward 1:3.5+

Trade, SL, and Target –

Entry = 91.12

Stop Loss = 90.15

Target = 94.50

Please note: Trade only if it crosses above the last day’s high or when it crosses the upper trendline resistance.

This stock’s will try to give a breakout above the trendline and it will try to test the upper EMA zone.
There is a trendline from the upper levels and it may respect its trendline as the resistance but it takes more than a week.
Already shown a bearish momentum and must reverse towards higher levels from current price.
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.
RSI is in the oversold zone and sure it will come to higher levels again.
You can also wait for the bigger target after its EMA which is around 220.
Risk Reward = 1:4

Entry = 201.57

Stop Loss = 199.24

Target = 210

Please note: You can hold this for bigger target with the strict trailing stoploss. Enter into trade only if it triggers our entry price.

This stock is trying to give a reversal from the lower trendline support.
Reversing from its EMA support levels which a very good hammer candle closed.
It may open gap down and the will shoot up very quick.
Trade only above the entry point otherwise it may reverse to the lower levels and continue in the same range.
RSI is trading flat and it may go up again up to 70 levels.
Strictly follow the Stoploss and Target and trail your stop loss around cost after getting a 1:1 risk reward on your trade.
Risk Reward = 1:2+

Entry = 238

Stop Loss = 234.85

Target = 242.50 & 245

Please note: Tesla may open gap down so enter into trade only after it starts upside momentum after a gap down opening. It may go upto 250.

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