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Best Swing Trade Stocks Right Now – 2024

Stock Analysis:- Best Swing Trade Stocks Right Now - 2024: Molina Healthcare (MOH) Trade Details: Date: Thursday, July 25, 2024 Closing Price: $324.17 Molina Healthcare (MOH) is...

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HomeTrading IdeaBest Trading Ideas |BUY & SELL| 15 Feb

Best Trading Ideas |BUY & SELL| 15 Feb

BUY Trade: Mondelez International, Inc. (MDLZ) – 71.41

Best Trading

Trade Details:

  1. This stock is trading at the lower trendline support levels and it will trying to bounce again towards higher levels.
  2. If you want to trade with high confirmation then enter above its moving average and hold this for bigger targets around 78-80.
  3. If the market opens a Gap down then it will consolidates near the lower support area so you can enter only after a bounce.
  4. Price may go sideways because current levels is a very strong support area.
  5. After crossing above 73 you can trail your stoploss at your entry price.
  6. RSI is bearish and it will try to reverse from current levels as price hits support.
  7. Trail your stop loss at entry price after getting a 1:1 risk reward.
  8. Risk Reward 1:4

    Trade, SL, and Target –

Entry = 71.78

Stop Loss = 71.17

Target = 74.22

Please note: If it opens gap down then wait for the bullish sign on 15 min charts and then enter into this trade.

Sell Trade: Ecolab Inc. (ECL) – 216.97

Trade Details:

  1. Price has opened very big gap up and now it will try to fill the gap and correct itself.
  2. There is also a support and we are expecting a sharp fall after a breakdown of last green candle.
  3. Trading far away from its moving average and it will gravitate towards its Moving average line.
  4. You can keep your stop loss strict because it is in bullish trend and we trade for reversal.
  5. RSI is near the overbought zone and it will go down slowly towards lower levels from now.
  6. Risk Reward = 1:5

Trade SL and Target –

Entry = Below 216

Stop Loss = 218

Target = 205.75

Please note: If it opens gap up then wait for the price to triggers our entry levels and only then go short otherwise ignore this trade.

Long Trade: Mid-America Apartment Communities, Inc. (MAA) – 125.09

  1. There is a trendline breakout and prices may rise rapidly after crossing the last swing.
  2. It is taking support after the breakout and will go very quickly now.
  3. Price is also taking support at the previous breakout levels and there is also a bullish sign at bottom with double bottom pattern formation at low.
  4. Trade only above the entry point otherwise it may reverse to the lower levels.
  5. RSI is trading near 55 levels and it may go upto 70-75 levels after a small consolidation.
  6. You can also hold this trade for more than a week if it closes in our favor.
  7. Strictly follow the Stoploss and Target and trail your stop loss around cost after getting a 1:1 risk reward on your trade.
  8. Risk Reward = 1:3

Trade SL and Target –

Entry = 125.75

Stop Loss = 124.50

Target = 129.50

Please note: Price is at resistance so there is little chance of reversal so be strict with stoploss.

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