5 Trade Ideas for Monday: Ally, Broadcom, BHP, Capital One and Weyerhaeuser

• Posted by Greg Harmon
• on July 11th, 2021

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

Ally Financial, Ticker: $ALLY

Ally Financial, $ALLY, is pressing against resistance with the RSI rising through the mid line and the MACD crossing up. Look for a push over resistance to participate…..

Broadcom, Ticker: $AVGO

Broadcom, $AVGO, is pressing against resistance with the RSI rising into the bullish zone and the MACD level but positive. Look for a push over resistance to participate…..

BHP, Ticker: $BHP

BHP, $BHP, is pressing against resistance with the RSI rising in the bullish zone and the MACD crossed up and positive. Look for a push over resistance to participate…..

Capital One Financial, Ticker: $COF

Capital One Financial, $COF, is pressing against resistance with the RSI moving higher toward the bullish zone and the MACD turning to cross up. Look for a push over resistance to participate…..

Weyerhaeuser, Ticker: $WY

Weyerhaeuser, $WY, is reversing higher with the RSI rising rapidly and the MACD crossed up and moving higher. Look for continuation to participate…..

The Best

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. This week’s list is abbreviated.

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