Trending Stocks: CBPO, CPHD, EOG, JCI, SAGE, SE, WUBA

China Biologic Products, Inc. (CBPO)

Chart for CBPO

Over the next 13 weeks, China Biologic Products, Inc. has on average historically risen by 21.5% based on the past 8 years of stock performance.

China Biologic Products, Inc. has risen higherby an average 21.5%in 7 of those 8 years over the subsequent 13 week period,corresponding to a historical probability of 87%

The holding period that leads to the greatest annualized return for China Biologic Products, Inc., based on historical prices, is 17 weeks. Should China Biologic Products, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 127% could result.

Cepheid (CPHD)

Chart for CPHD

Over the next 13 weeks, Cepheid has on average historically risen by 19.9% based on the past 16 years of stock performance.

Cepheid has risen higherby an average 19.9%in 12 of those 16 years over the subsequent 13 week period,corresponding to a historical probability of 75%

The holding period that leads to the greatest annualized return for Cepheid, based on historical prices, is 6 weeks. Should Cepheid stock move in the future similarly to its average historical movement over this duration, an annualized return of 176% could result.

EOG Resources (EOG)

Chart for EOG

Over the next 13 weeks, EOG Resources has on average historically risen by 1% based on the past 27 years of stock performance.

EOG Resources has risen higherby an average 1%in 15 of those 27 years over the subsequent 13 week period,corresponding to a historical probability of 55%

The holding period that leads to the greatest annualized return for EOG Resources, based on historical prices, is 2 weeks. Should EOG Resources stock move in the future similarly to its average historical movement over this duration, an annualized return of 91% could result.

Johnson Controls (JCI)

Chart for JCI

Over the next 13 weeks, Johnson Controls has on average historically risen by 3.5% based on the past 31 years of stock performance.

Johnson Controls has risen higherby an average 3.5%in 20 of those 31 years over the subsequent 13 week period,corresponding to a historical probability of 64%

The holding period that leads to the greatest annualized return for Johnson Controls, based on historical prices, is 1 week. Should Johnson Controls stock move in the future similarly to its average historical movement over this duration, an annualized return of 31% could result.

Sage Therapeutics, Inc. (SAGE)

Chart for SAGE

Over the next 13 weeks, Sage Therapeutics, Inc. has on average historically risen by 23% based on the past 2 years of stock performance.

Sage Therapeutics, Inc. has risen higherby an average 23%in 1 of those 2 years over the subsequent 13 week period,corresponding to a historical probability of 50%

The holding period that leads to the greatest annualized return for Sage Therapeutics, Inc., based on historical prices, is 1 week. Should Sage Therapeutics, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 179% could result.

Spectra Energy (SE)

Chart for SE

Over the next 13 weeks, Spectra Energy has on average historically fallen by 1.2% based on the past 9 years of stock performance.

Spectra Energy has fallen lowerby an average 1.2%in 4 of those 9 years over the subsequent 13 week period,corresponding to a historical probability of 44%

The holding period that leads to the greatest annualized return for Spectra Energy, based on historical prices, is 2 weeks. Should Spectra Energy stock move in the future similarly to its average historical movement over this duration, an annualized return of 48% could result.

58.com Inc (WUBA)

Chart for WUBA

Over the next 13 weeks, 58.com Inc has on average historically risen by 29.5% based on the past 3 years of stock performance.

58.com Inc has risen higherby an average 29.5%in 2 of those 3 years over the subsequent 13 week period,corresponding to a historical probability of 66%

The holding period that leads to the greatest annualized return for 58.com Inc, based on historical prices, is 13 weeks. Should 58.com Inc stock move in the future similarly to its average historical movement over this duration, an annualized return of 118% could result.

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Trending Stocks: ADPT, APC, MELI, MEOH, VRSN

Adeptus Health Inc Class A (ADPT)

Chart for ADPT

Over the next 13 weeks, Adeptus Health Inc Class A has on average historically fallen by 6% based on the past 2 years of stock performance.

Adeptus Health Inc Class A has fallen lowerby an average 6%in 1 of those 2 years over the subsequent 13 week period,corresponding to a historical probability of 50%

The holding period that leads to the greatest annualized return for Adeptus Health Inc Class A, based on historical prices, is 1 week. Should Adeptus Health Inc Class A stock move in the future similarly to its average historical movement over this duration, an annualized return of 279% could result.

Andarko (APC)

Chart for APC

Over the next 13 weeks, Andarko has on average historically fallen by 3.1% based on the past 30 years of stock performance.

Andarko has fallen lowerby an average 3.1%in 16 of those 30 years over the subsequent 13 week period,corresponding to a historical probability of 53%

The holding period that leads to the greatest annualized return for Andarko, based on historical prices, is 1 week. Should Andarko stock move in the future similarly to its average historical movement over this duration, an annualized return of 45% could result.

MercadoLibre, Inc. (MELI)

Chart for MELI

Over the next 13 weeks, MercadoLibre, Inc. has on average historically risen by 9.3% based on the past 9 years of stock performance.

MercadoLibre, Inc. has risen higherby an average 9.3%in 5 of those 9 years over the subsequent 13 week period,corresponding to a historical probability of 55%

The holding period that leads to the greatest annualized return for MercadoLibre, Inc., based on historical prices, is 2 weeks. Should MercadoLibre, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 93% could result.

Methanex Corporation (MEOH)

Chart for MEOH

Over the next 13 weeks, Methanex Corporation has on average historically risen by 1% based on the past 24 years of stock performance.

Methanex Corporation has risen higherby an average 1%in 13 of those 24 years over the subsequent 13 week period,corresponding to a historical probability of 54%

The holding period that leads to the greatest annualized return for Methanex Corporation, based on historical prices, is 40 weeks. Should Methanex Corporation stock move in the future similarly to its average historical movement over this duration, an annualized return of 17% could result.

Verisign (VRSN)

Chart for VRSN

Over the next 13 weeks, Verisign has on average historically risen by 15.3% based on the past 18 years of stock performance.

Verisign has risen higherby an average 15.3%in 14 of those 18 years over the subsequent 13 week period,corresponding to a historical probability of 77%

The holding period that leads to the greatest annualized return for Verisign, based on historical prices, is 16 weeks. Should Verisign stock move in the future similarly to its average historical movement over this duration, an annualized return of 93% could result.

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Trending Stocks

Bob Evans Farms Inc. (BOBE)

Chart for BOBE

Over the next 13 weeks, Bob Evans Farms Inc. has on average historically risen by 1% based on the past 32 years of stock performance.

Bob Evans Farms Inc. has risen higherby an average 1%in 17 of those 32 years over the subsequent 13 week period,corresponding to a historical probability of 53%

The holding period that leads to the greatest annualized return for Bob Evans Farms Inc., based on historical prices, is 1 week. Should Bob Evans Farms Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 56% could result.

Culp Inc. (CFI)

Chart for CFI

Over the next 13 weeks, Culp Inc. has on average historically fallen by 3% based on the past 26 years of stock performance.

Culp Inc. has fallen lowerby an average 3%in 16 of those 26 years over the subsequent 13 week period,corresponding to a historical probability of 61%

The holding period that leads to the greatest annualized return for Culp Inc., based on historical prices, is 46 weeks. Should Culp Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 32% could result.

Interactive Intelligence, Inc. (ININ)

Chart for ININ

Over the next 13 weeks, Interactive Intelligence, Inc. has on average historically risen by 7.9% based on the past 17 years of stock performance.

Interactive Intelligence, Inc. has risen higherby an average 7.9%in 9 of those 17 years over the subsequent 13 week period,corresponding to a historical probability of 52%

The holding period that leads to the greatest annualized return for Interactive Intelligence, Inc., based on historical prices, is 20 weeks. Should Interactive Intelligence, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 41% could result.

Veeva Systems Inc (VEEV)

Chart for VEEV

Over the next 13 weeks, Veeva Systems Inc has on average historically risen by 9.2% based on the past 3 years of stock performance.

Veeva Systems Inc has risen higherby an average 9.2%in 2 of those 3 years over the subsequent 13 week period,corresponding to a historical probability of 66%

The holding period that leads to the greatest annualized return for Veeva Systems Inc, based on historical prices, is 13 weeks. Should Veeva Systems Inc stock move in the future similarly to its average historical movement over this duration, an annualized return of 37% could result.

YY Inc. (YY)

Chart for YY

Over the next 13 weeks, YY Inc. has on average historically risen by 7.5% based on the past 4 years of stock performance.

YY Inc. has risen higherby an average 7.5%in 2 of those 4 years over the subsequent 13 week period,corresponding to a historical probability of 50%

The holding period that leads to the greatest annualized return for YY Inc., based on historical prices, is 2 weeks. Should YY Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 180% could result.

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A Lack of Energy in Energy

Oil has been challenging. It started off this year with a really clear bullish corrective wave, but pulled back this summer pretty dramatically. That pullback went to the extremes of an expected Fibonacci retracement and then it looked like the bullish move up was back on track. The last few weeks have seen another sharp drop. We are at a critical level now, right at the edge of Ichimoku Cloud support. If price breaks down through that support, then the overall thesis for an Oil Recovery might be wrong. We’ll know soon. I’m not taking any Oil related trades until the picture gets clearer.

The recovery in Natural Gas is stronger and clearer, but we are in a bit of a complex correction right now. We are above the Ichimoku Cloud and as long as we don’t break down through it, this recovery is still looking good and the price target is still above ~ $3.409.

As the Natural Gas recovery began, back in late June, we called out a trade on WMB at $22.25. This has been a great trade and price is now at $28.05 and we moved our stop up three times and it is now at $25.02, well above the entry price, so we have a winner, the only question is how big?

That’s it for this update. Stay tuned and I’ll continue to give updates- and hopefully we start to see a bit more “energy” in these Energy related commodities.

Dean Jenkins
MBA from the University of Washington. Dean is an expert in Technical Analysis, Money Management, Elliott Wave Analysis and founder of FollowMeTrades.com.

 

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It’s Not Over for Crude Oil Yet

The pullback in Crude Oil has been step and deep, but our thesis for an overall recovery has not been invalidated yet. We’ve gone just below an expected Fibonacci retracement level of between 38.2-61.8%, but as long as it stays above a 76.4% level ($39.42 on the futures contract) then we are OK and should expect a reversal up soon.

Natural Gas is much clearer. In the last update we predicted support between of $2.642- $2.582 and that level held and price is now trending strongly upward with Fridays close at $2.876. All signs point to Natural Gas hitting our target zone of $3.409 – $4.318.

We had called out an entry on WMB at $22.25 and so far, this is looking like a great trade. Fridays close was $23.97 and good entries are still possible for this trade. Stop is still at $19.67 and target price is ~$34.00.

That’s it for this week. I will keep the updates coming. Be sure and let me know if you have questions or comments.

Thanks!

Dean Jenkins

MBA from the University of Washington. Dean is an expert in Technical Analysis, Money Management, Elliott Wave Analysis and founder of FollowMeTrades.com.

 

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Crude Oil and Natural Gas at Important Levels

The Crude Oil chart is following a textbook pattern right now. 10 days ago, in my last update, I said that Oil was in a small correction and projected that it would get down to ~$45.50 – $41.50 before the next impulsive wave up begins. It made it down to that level and is sitting right on the bottom of the Ichimoku Cloud, which should provide some support. Then next move up hasn’t started yet, but it could at any time and we will have plenty of time to see it happen and be prepared. When it does start, I’ll give another update and will include some trading ideas.

Natural Gas is still in an uptrend. It has pulled back just a bit, which is normal. I am looking at an initial support level of $2.642, and if that fails, then major support at $2.582.

In the last update I pointed out WMB as a potential trade to play the Natural Gas recovery. I said that if WMB got up to $22.25, I thought that would be a good long entry price. It did hit that level and is now sitting at $23.24. I have a stop at $19.67 and a target price of $29.07. Entries are still possible on this trade at this time. It may pull back a bit, but it has what looks like good support from the Ichimoku Cloud well above the stop price.

That’s it for this week. I will keep the updates coming. Be sure and let me know if you have questions or comments. Thanks!

Dean Jenkins

MBA from the University of Washington. Dean is an expert in Technical Analysis, Money Management, Elliott Wave Analysis and founder of FollowMeTrades.com

 

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Latest Update for Crude Oil and Natural Gas

A few weeks ago I gave an update on Crude Oil and said that we had some evidence that a small corrective wave was beginning. That continues to play out and the levels that this current move down are likely to get to are ~$45.50 – $41.5 before the next impulsive wave up begins. This analysis is supported by both Elliot Wave and Ichimoku Cloud. When you get two different studies giving the same result, that is pretty powerful. I walk through both of these analysis’ in the video.

Natural Gas is continuing in the uptrend that I called out in the last update. Even though it took a pretty big hit today, 7/5/16, the overall trend is still very bullish and we are a long way from the ultimate recovery targets. This too is supported by both Elliot Wave and Ichimoku Cloud and is covered in the video. WMB looks like a nice trade to play Natural Gas with, if it gets above $22.25. If it does get above that level, then the first target for it is $29.07, in about 4-6 weeks, which would be a pretty nice trade.

So, Oil correcting a little and Natural Gas still heading up. I look forward to continuing the updates. Be sure and let me know if you have questions or comments. Thanks!

Dean Jenkins
MBA from the University of Washington. Dean is an expert in Technical Analysis, Money Management, Elliott Wave Analysis and founder of FollowMeTrades.com.

 

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What’s Next for Oil and What’s New?

Last March and April I did a series of blog posts on Oil. I said that the recovery in Oil was confirmed when the Crude Oil Futures Contract went above $37.09. Since then, it made up to over $51, a 45% gain!  I also called out a few trades ideas like; WLL, USO and TOO. The first two were home runs with really nice gains and TOO still has some potential.

Oil now looks like it will retrace a bit before continuing its run up. I expect, based on Fibonacci retracement analysis, that Oil will pull back to between $45 – $41.  After that retracement, the targets are still to between $63 to $83 through the rest of this year and maybe into next.

While we are waiting for the Oil retracement to play out, I like Natural Gas. It is showing nearly the same pattern that Oil did, just lagging by a few months. In the video, I review the pattern on the chart and explain my rationale. The percent gain for Natural Gas has the potential to be really good and I am pretty excited about it.

In the next post, I will point out some Natural Gas related trades that I like a lot.

Thanks and stay tuned!

Dean Jenkins

MBA from the University of Washington. Dean is an expert in Technical Analysis, Money Management, Elliott Wave Analysis and founder of FollowMeTrades.com.

Well, if there were any doubts about the Oil recovery, hopefully those have been put to rest. We initially called out $37.09 (on the Crude Oil Futures contract) as the trigger level that confirmed the recovery in Oil was underway. That was back in early March, six weeks and 12% worth of gain ago.

And it is highly likely to continue up to the projected levels of $63 – $84. It won’t go straight up, but the Technicals are clearly pointing to those levels through this year and next.

We called out a few potential Oil trades as this was playing out;

WLL: Initial entry was $8.57, Initial stop of $3.33, target of $17.25.  We got an entry on that and it is now at $10.84, a 26% profit so far! It is on its way to the target and stop has been raised to $6.56.  Very nice!

USO: Entry was at $10.25, initial stop at $8.13 and a target of $15.75. We got the entry and are at 2% profit with the projection still looking great.

TOO: Entry was at $6.79, initial stop at $2.62 with a target of $16.09. We got our entry and current price is $6.82, a profit of 2% so far. Stop has been trailed up to $4.73.

These trades still look great and there is a high probability of them hitting the targets for really impressive profit.

If you like these updates on Oil and the specific trades, be sure to let us know and we will continue to provide updates.

Thanks!

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Are you Liking the Oil Profits?

Well, if there were any doubts about the Oil recovery, hopefully those have been put to rest. We initially called out $37.09 (on the Crude Oil Futures contract) as the trigger level that confirmed the recovery in Oil was underway. That was back in early March, six weeks and 12% worth of gain ago.

And it is highly likely to continue up to the projected levels of $63 – $84. It won’t go straight up, but the Technicals are clearly pointing to those levels through this year and next.

We called out a few potential Oil trades as this was playing out;

WLL: Initial entry was $8.57, Initial stop of $3.33, target of $17.25. We got an entry on that and it is now at $10.84, a 26% profit so far! It is on its way to the target and stop has been raised to $6.56. Very nice!

USO: Entry was at $10.25, initial stop at $8.13 and a target of $15.75. We got the entry and are at 2% profit with the projection still looking great.

TOO: Entry was at $6.79, initial stop at $2.62 with a target of $16.09. We got our entry and current price is $6.82, a profit of 2% so far. Stop has been trailed up to $4.73.

These trades still look great and there is a high probability of them hitting the targets for really impressive profit. Enjoy this complimentary video on Projecting Price Targets.

If you like these updates on Oil and the specific trades, be sure to let us know and we will continue to provide updates.

Thanks!

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