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HomeTrading FocusedIntraday TradingBest Trading Stocks Ideas For 15 April

Best Trading Stocks Ideas For 15 April

Long Trade: The Hartford Financial Services Group, Inc. (HIG) – 97.78

Trade Details: Currently this stock is trading at its lower support zone and now preparing for the next bounce towards higher levels. It is also far from its EMA levels which increase the chance of little reversal with the positive market sentiment.

RSI is recovering from the oversold zone and now ready for the higher levels towards 50-70. Risk reward ratio is also favorable around 1:3.

Trade SL and Target –

Entry = 97.84

Stop Loss = 97.05

Target = 100

Please note: If it opens gap down then wait for confirmation to enter. Keep trailing your SL with rise in prices.

Short Trade: Kimco Realty Corporation (KIM) – 18.10

Trade Details: There is a trendline breakdown and already given a retest towards it yellow trendline breakdown. It is also in the negative trend price is very bearish and indicating the downtrend. RSI is also in the negative trend and will fall again. Wait for confirmation to enter into this trade and enter only if it opens flat and triggers our entry level.

Trade SL and Target –

Entry = 18.09

Stop Loss = 18.26

Target = 17.50

Please note: Trade only if it opens negative and triggers our entry price otherwise it may reverse so be strict with stoploss.

Bullish Trade: Monster Beverage Corporation (MNST) – 55

Trade Details: Formation of Double Bottom at the lower support level once it crosses above the last upper swing and it has already prepared for the next breakout. RSI is also in the bullish trend ready for the breakout. Volume is also increasing which is also in a bullish sign. Its EMA is also on the higher levels so it may bounce towards its EMA resistance levels.

Trade SL and Target –

Entry = 55.03

Stop Loss = 54.55

Target = 56.47

Please note: Enter only if it breakout the last upper swing which increases the chances of bounce towards it EMA level. Keep trailing SL.

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