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HomeMarket AnalysisTrending Stocks For Monday |BUY&SELL|14 Aug

Trending Stocks For Monday |BUY&SELL|14 Aug

Bearish Trade: Fair Isaac Corporation (FICO) – 859.54

Trending Stocks Bearish trade

Trade Details:

  1. As it breakdown the lower trendline, It may fall very sharply from the upper levels.
  2. This stock is trading in a channel and it may go down to 200 EMA.
  3. It will touch the lower channel around 830 levels.
  4. You can try more than once in this stock because this trade has very small risk with high reward.
  5. RSI is also turning downward and it will fall below 50 level.
  6. Trail your stop loss at entry price after getting a 1:1 risk reward.
  7. Risk Reward 1:3.5

    Trade, SL, and Target –

Entry = Below 859.40

Stop Loss = 868

Target = 830.20

Please note: There is also a trendline on the upper side. You must Exit if it crosses the upper trendline.

Bullish Trade: Ameren Corporation (AEE) – 80.91

Trade Details:

  1. This stock may reverse from the lower support zone which is in the rectangular zone.
  2. Trade only if it breaks the Rectangular Support zone on the upside.
  3. RSI is at 36 levels and it may go up to the higher levels.
  4. Trail your stop loss to the entry price after getting a 1:1 risk reward.
  5. It is taking support at very long time support zone.
  6. Risk Reward = 1:2+

Trade SL and Target –

Entry = Above 81.30

Stop Loss = 79.70

Target = 85.30

Please note: You can see the trendline on 1-hour time frame chart, After the trendline breakout it may shoot up to its 200 EMA. Don’t Trade below the trendline.

Long Trade: IQVIA Holdings Inc. (IQV) – 219.83

  1. It has given a recent breakout and now its a small pullback to the breakout levels.
  2. It is the perfect price action of upside direction. This stock may touch the last high.
  3. This lower trendline acts as a support level for this stock.
  4. we are seeing a good green candle which shows more interest from buyers in this stock.
  5. Our entry price will triggered if this stock crosses the 200 EMA levels, which increase the more chances of Upside.
  6. RSI is flat now and it may shoot up very quickly and a plus point is : it is sustaining the level of 50 on RSI
  7. Risk Reward = 1:3+

Trade SL and Target –

Entry = Above 220.18

Stop Loss = 218.92

Target = 224

Please note: You can re-enter in this stock if it hits the SL in opening volatility or wait for the first 10 minutes after market opening to execute the trade.

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