FOLD trade ideas
Not gonna FOLD this. Amicus Therapeutics has an upside.Breaking out from pullback, positioned i lower half of positive trend channel.
Price: Breaking out from pullback, target 16-17
RSI: Breaking out from pullback, having support at 40
MACD: Positive crossover in negative terrain
Tested support at 14 and reacted up. Above SMA200.
Swing trade set up Earning 3/1This stock has a habit of surprise earnings then up and back down. Highvolitility stock up all year list as institutional holding of 110% (16% float). I believe 14.22 to 14.40 time to jump in. Yesterday around 14.39 in am. Overnight profit taking expect lower open by ~3% wait for up tick and buy. Expect to hold <30days for 6%profit. Thanks RealLifeTrading.com
TYY
FOLD Bullish SwingRetest gap yesterday. Awesome move today. Hoping FOLD will pull back a little bit more. Morning star reversal on the weekly chart. Above normal bullish volume lately as well. We are also able to get the support/resistance line in between our entry and stop. You could honestly go for a tighter stop, but I'm trying to get some more room to be wrong if needed. We have plenty of room for a 2R gain, possibly holding for the next support/resistance line around 18.04
FOLD stock - Long using 2-3 trade methods/ideas1) stockcharts.com - above the green line stocks use an indicator SCTR line (90+). Shows relative strength vs stocks in a similar group. on the current daily chart its 97.9 (real good).
2) using moving averages, you can see the pullback
3) using UCS_MMLO indicator twice on the same chart on TV ( 100 and 25 )...the 100 chart stays green and the 25 shows red. means its a good pullback.
4) last Friday's price action shows a strong candle bounce off the 50 EMA moving average.