5 Trade Ideas for Monday: Avantor, Deere, Hartford, KKR and Meta

• Posted by Greg Harmon
• on April 7th, 2024

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Avantor, Ticker: $AVTR

Avantor, $AVTR, comes into the week approaching resistance. It has a RSI in the bullish zone and a MACD positive. Look for a push over resistance to participate…..

Deere, Ticker: $DE

Deere, $DE, comes into the week at resistance. It has a RSI in the bullish zone with the MACD flat but positive. Look for a push over resistance to participate…..

Hartford Financial Services Group, Ticker: $HIG

Hartford Financial Services Group, $HIG, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

KKR, Ticker: $KKR

KKR, $KKR, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Meta Platforms, Ticker: $META

Meta Platforms, $META, comes into the week breaking resistance. It has a RSI in the bullish zone with the MACD positive and crossing up. Look for continuation to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the first week of April in the books, saw equity markets in need of a rest.

Elsewhere looked for Gold to continue its record run higher while Crude Oil continue its move to the upside as well. The US Dollar Index to continue the short term trend to the upside while US Treasuries may resume their downtrend. The Shanghai Composite looks to continue the short term move higher while Emerging Markets consolidate under long term resistance.

The Volatility Index looks to remain low making the path easier for equity markets to the upside. Their charts also look strong, especially on the longer timeframe. On the shorter timeframe the QQQ is at risk for some downside with the IWM in a messy short term uptrend and the SPY the strongest but also seeing some profit taking show up. Use this information as you prepare for the coming week and trad’em well.

If you like what you see above sign up for deeper analysis and trading strategy by using the Get Premium button above. As always you can see details of individual charts and more on my StockTwits page.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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