Become a logicalchat Member

Latest Post

Your story starts here. Sign up and let's connect in ways that truly matter!

HomeUncategorizedTop Trending Stocks |BUY & SELL| 14 July

Top Trending Stocks |BUY & SELL| 14 July

Bullish Trade: CME GROUP INC. (CME) – 183.22

Trade Details:

  1. Formation of Symmetrical Triangle Pattern.
  2. Strong Resistance around 187 and it may reverse from these levels.
  3. But, If it gives a breakout it can go up to 190 to 195.
  4. Rsi is moving upward and it may follow the trend.
  5. You can Trail your stop loss at entry price if it achieved 1:1 risk reward at 186.40
  6. Risk Reward 1:2

    Trade, SL, and Target –

Entry = 183.70

Stop Loss = 181.80

Target = 186.50 & 188.40

Please note: This stock may go upward only to the resistance levels and it can reverse if breakout fails. So, I suggest you trail your stop loss accordingly. You can enter again after closing above 185.50

Long Trade: Raytheon Technologies Corporation (RTX) – 97.17

Trade Details:

  1. Reversing from 200 EMA after taking good support.
  2. RSI is taking support around 45 levels.
  3. It is reversing from a lower support zone which attracts more buyers.
  4. Risk-Reward = 1:2, it may touch a higher level but don’t forget to trail your stop loss accordingly.
  5. Trail your stop loss to the entry price after getting a 1:1 risk reward.

Trade SL and Target –

Entry = 97.50 (IF TRIGGERED)

Stop Loss = 96.48

Target = 98.40 & 99.70

Please note: Don’t trade in case of a Gap up or Gap down opening. Trade will be executed only if it opens flat and breaks the price in an upside direction. 100 is a psychological level and this level has strong resistance and this stock may reverse from this level.

SHORT Trade: Arthur J. Gallagher & Co (AJG) – 213.83

  1. Ignore this stock in case of a GAP UP opening. It may go up. Trade only if it opens flat and gives a breakdown.
  2. If it crosses beyond the 200 EMA in 15 minutes candle the exit for sure.
  3. Trail your stop loss at cost after getting a 1:1 target and wait for 210 and 208.20
  4. Risk-Reward = 1:2 +
  5. RSI is in a downtrend and it will move towards 30

Trade SL and Target –

Entry = Below 213.30

Stop Loss = 214.82

Target = 210

Please note: 

To get regular updates on stocks, please join our Discord community.

Our Articles on Long-Term Stock Analysis

My best read on trading is this Book

Related Post