5 Trade Ideas for Monday: Broadcom, Graco, Okta, Phillips 66 and Charles Schwab

• Posted by Greg Harmon
• on April 27th, 2025

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

Broadcom, Ticker: $AVGO

Broadcom, $AVGO, comes into the week approaching resistance. It has a RSI near the bullish zone with the MACD about to turn positive. Look for a push over resistance to participate…

Graco, Ticker: $GGG

Graco, $GGG, comes into the week approaching resistance. It has a RSI at the midline with the MACD rising. Look for a push over resistance to participate…

Okta, Ticker: $OKTA

Okta, $OKTA, comes into the week breaking resistance. It has a RSI rising at the midline with the MACD crossed up. Look for continuation to participate…

Phillips 66, Ticker: $PSX

Phillips 66, $PSX, comes into the week approaching resistance. It has a RSI nearing the midline with the MACD crossed up. Look for a push over resistance to participate…

Charles Schwab, Ticker: $SCHW

Charles Schwab, $SCHW, comes into the week at resistance. It has a RSI moving into the bullish zone with the MACD positive. Look for a push over resistance 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 that saw with just 3 trading days left in April, equity markets showed signs that the bottom might be in for this correction.

Elsewhere look for Gold to continue to digest its historic move higher while Crude Oil consolidates a possible new downtrend under support. The US Dollar Index sets up for a reversal to the upside while US Treasuries consolidate the downtrend. The Shanghai Composite looks to continue to consolidate in a tight range while Emerging Markets are poised for more upside in broad consolidation.

The Volatility Index looks to remain elevated but moving lower making the path easier for equity markets to the upside. Their charts show signs of a reversal on both timeframes. On the shorter timeframe the IWM, the QQQ and the SPY are breaking short term resistance. On the longer timeframe are printed large engulfing candles over key price levels. 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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