Trade Ideas
Each week I scan the NYSE, NASDAQ, TSX and TSV for stocks and ETFs meeting the criteria for my Trade Ideas.
These are primarily swing-trade ideas with a timeframe for those who do not trade full-time.
I post and track these ideas in the Klarenbach Research Telegram Group.
Each Trade Idea includes the entry and the initial stop.
I believe that every investment idea or advice should include a stop if your thesis is wrong.
A number of ideas on this week’s watchlist are carried over from last week.
I will add to or remove from this list throughout the week.
Let’s take a look.
***Click on each image to enlarge***
PAAS
I like this one consolidating above the green 50-DMA (Day Moving Average) and the light blue YTD (Year-to-Date) VWAP (Volume-Weighted Average Price).
TKO.TSE
This one could get going as it consolidates above the rising 50-DMA
F.TSV
The price is consolidating above the light blue YTD VWAP. I like this one with a breakout.
GAU
This one might be early and is a $1 stock so the position size is most critical. Small moves are BIG moves with these low price stocks. I will position the size accordingly
GFI
This one could be a bit early also, however, the price is above a rising green 50-DMA and rising light blue YTD VWAP. the purple VWAP from the high keeps getting tested. The more times it is tested, the more likely it will fail.
SAND
This one might be early also, however it is testing the purple VWAP from the high. I think it needs more consolidation. Time will tell.
FSM
I got stopped out of this one last week. I still like the price above the purple VWAP from the high and the light blue YTD VWAP.
DRIV
DRIV is consolidating above the green 50-DMA and the light blue YTD VWAP. I think we had a shakeout 3 days ago and that it is ready to go above Friday’s wick.
I will update and post new ideas in the Klarenbach Research Telegram Group.
Life is Good
I enjoy discussing the markets, whether they are currencies, equities, commodities, or bonds.
Let’s have a conversation, and we can explore a new perspective of the markets that you can apply to your analysis.
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