Paul J Singh

Category: trade setup

  • Trade Entry: TRA

    I bought 500 shares of TRA at $53.12. Setup: A combo platter of a breakout and trend-pullback and entering within a forming high and tight flag. I expect a continuation of the trend. Great volume pattern and RSI and stochastics confirm price highs. The stock is under accumulated here. Risk:…

  • Trade Setup: MTL

    I bought 200 shares of MTL at $53.84. Setup: Trend Pullback. Nice trend. OBV and volume pattern look good. Stock has more accumulation than distribution days. RSI bouncing. Stoch turning up at higher high. Risk: Initial target is 60. Stop is either under yesterdays confirmaion bar or the 50 day…

  • Trade Setup: SOLF

    I bought 300 shares of SOLF at an average price of $21.48. Setup: Breakout Pullback. The stock has pulled back to the 20 day moving average after a strong breakout. Stochastics recently reached oversold levels and has turned up. The volume pattern is consistent with the breakout-pullback setup, with volume…

  • Trade Setup: EWZ

    I bought 200 shares of EWZ at $95.21. Setup: Breakout and Trend Pullback. A low volume orderly pullback to the 20 day moving average. Strong obv and stochastics have reached extremely oversold levels. Risk: My intial target is the recent high at $100. I would likely take partial profits, move…

  • Today’s Trade: EWZ

    I bought 200 shares of EWZ, the Brazil ETF, at $91.61. Setup: Bullish Flag post Breakout-Breakout Pullback. The stock pulled back to the top of the breakout level, which is also where it broke resistance. Recent volume pattern is strong and obv has increased as stock has pulled back from…

  • Trade Setup: BBD

    I bought 200 shares of BBD, a Brazilian bank, at $23.31. Setup: Breakout-Pullback. The stock pulled back to the breakout level and has a strong volume pattern. As a plus, Brazilian stocks have been on fire. Risk: My initial target is the old high around $25. I will either take…

  • Trade: ANR

    I bought 300 shares of ANR at $50.05 based on the trend pullback setup. I had placed a buy stop this morning for the following reasons: 1. The stock has been in a sustained uptrend2. On Friday it bounced at a major support level3. Stochastics crossed over at near oversold…