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HomeMarket AnalysisBullish Stocks To Trade |BUY & SELL| 10 Aug

Bullish Stocks To Trade |BUY & SELL| 10 Aug

Long Trade: Leidos Holdings, Inc. (LDOS) – 97.56

Bullish Stocks Long Trade

Trade Details:

  1. Breakout from the trendline above 97.52
  2. It may retest the upper resistance of 100 which is also a psychological level.
  3. If it starts sustaining above the 97 levels then it may go to the higher.
  4. RSI is also at a good level of 52.74
  5. Trail your stop loss at entry price after getting 1:1 Risk Reward
  6. Risk Reward 1:2+

    Trade, SL, and Target –

Entry = Above 98

Stop Loss = 96.91

Target = 100

Please note: It may show volatility in the first few minutes of markets. You must try to enter in a trade after 10 minutes of market oepning.

Bullish Trade: Mondelez International, Inc. (MDLZ) – 73.81

Trade Details:

  1. It is trading in a channel and is currently at a lower level of the channel.
  2. Last day closing is above the 200 EMA.
  3. The target level is the upper trendline of this channel.
  4. RSI is in the mid zone and it may go to 70 levels if it crosses 45 and 50 levels.
  5. Trail your stop loss to the entry price after getting 1:1 Risk Reward.
  6. Risk Reward = 1:3

Trade SL and Target –

Entry = Above 74

Stop Loss = 73.50

Target = 75.50

Please note: Don’t trade this stock until it is trading below the lower trendline.

Short Trade: FactSet Research Systems Inc. (FDS) – 421.98

  1. Strong resistance at the current level (Horizontal lines)
  2. we can also draw a trendline up the upper levels which acts as a resistance.
  3. if this goes below 200 EMA (421) then it may fall sharply.
  4. RSI is turning downward into a bearish below 45 levels.
  5. Support of 415 on the lower side may be re-tested.
  6. Risk Reward = 1:2

Trade SL and Target –

Entry = Below 421.25

Stop Loss = 424.11

Target = 415.60

Please note: Ignore this stock if it starts trading above the horizontal line because it is a resistance. It may become bullish avobe the line.

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