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Review of most recent open trades and Kleenex

February 12, 2017 by Don Roth

Energy ETF (XLE) daily

XLE…2017_2_10d
(click chart to enlarge)

​​​​​​​
Currently up about 8%. Continue to hold. The recent pullback has bounced off support.

Telecommunications Sector ETF (IYZ) daily

IYZ…2017_2_10d
(click chart to enlarge)

Currently up about 11%. Continue to hold. Looking for price to trade up and through resistance.

Post Holdings Inc (POST) daily

POST…2017_2_10d
(click chart to enlarge)

Currently up about 15%. Continue to hold. Looking to clear resistance.

India Index ETF (INDA) daily

INDA…2017-2_10d
(click chart to enlarge)

Currently up about 7%. Continue to hold. Looking to clear resistance; the downward white sloping trend line and the red horizontal line.

Medtronic PLC (MDT) daily​​​​​​​

MDT…2017_2_10d
(click chart to enlarge)

Currently up about 1.5%. Continue to hold. Looking to clear congestion zone; the zone bracketed by the two blue horizontal lines.

Social Media Index ETF (SOCL) daily

SOCL…2017_2_10d
(click chart to enlarge)

Currently up about 1.5%. Continue to hold.

Mexico Index Fund ETF (EWW) daily

EWW…2017_2_10d
(click chart to enlarge)

Currently up about 10%. Continue to hold. Just cleared 46.43; a previous congestion area represented by the yellow horizontal line.

Lamar Advertising Co (LAMR) daily

LAMR…2017_2_10d
(click chart to enlarge)

Up about 4.5%. Continue to hold. Looks like it’s backing and filling for another leg up.

Facebook Inc (FB) daily

FB…2017_2_10d
(click chart to enlarge)

Up about 5%. Continue to hold. Just made a new high. giddy up.

20+year Treasury Bond fund ETF (TLT) daily

TLT…2017_2_10d
(click chart to enlarge)

Currently flat on this trade from a couple of weeks ago. Continue to hold.

Dow, S&P500 and Nasdaq continue to rip higher. Price action continues to trump pundits. pun intended.

On another note, since the election Kleenex is in high demand.

Kimberly Clark Corp (KMB) weekly

KMB…2017_2_10d
(click chart to enlarge)

Buy KMB, Kimberly Clark Corp on next pull back. I’ll let you know.

Trade Smart,

Don

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Don Roth

Don Roth, Smart Chart Investor

Recent Market Updates

  • Blow Off Top?
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  • Important Notice
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