Dream’s Trade Ideas by Dreamytrader

Stock Name
last Close Price Status Key Levels Desired Set-up Entry &Stop Trade Ideas Note

07-18-2013

Current Watch-list
S&P500 Index ETF (SPY) $168.87 Attempted rally Near-term resistance $170 SPY’s steady and attempted rally near its $170 mark. Fed’s comment widely expected and no spiking on the market, rather quiet trading day. AAPL’s mini-rally from $423 working well, as mentioned before. Long-term in Bullish mode. Waiting for new entry if you are in this stock before. UPS found some support near its $85 level zone. UPS jumped today, influenced by FDX, which surged near all-time high. LNKD should be a long now, with entry at $200, mentioned before. With volume respected, tomorrow look for follow-through. BA recovered most of its damage due to new Dreamliner incident. Still Bullish on stock price action. Need some time to work on the repair. GPS steady rise shown some sign of weakness, normal after a run. It needs a rest. As expected, it is stalling and expect to move higher. Market received expected comments from Fed Chairman Ben, provided relatively clear and flexible next-step for its QE and interest rate guide line. AAPL really need some game-changing plan to boost the stock price. Honestly, AAPl lost its charm and people are forgetting the king. The up-trend is intact for NKE despite recent market chills. Recent price action was not showing much trading interest. UPS is digesting the bad news from earning and tried to smooth out the downside effect.

Apple(AAPL)

$430.31

Attempted mini rally Try to hold 50D MA

$420ish area nearterm support. $62ish lower support

Nike (NKE)

$63.32

UPS (UPS)

$87.85

Stable

$85ish support zone

LinkedIn (LNKD)

$204.16

Breaking out

LNKD moving higher ahead of earning.

$200ish support zone $105ish support

Boeing (BA)

$107.63

Recovering

Boeing’s Dreamliner had another bad from Japan Airline. Share down in After Hour trading.

GAP.INC (GPS)

$45.09

stalling

Ranging and basing

GPS is expect another quarter of solid earning growth. Good for stock. A bullish stock.

Copyright © 2013 Dream's Trade. All Rights Reserved

Discover Financial. (DFS)

$50.58

Recharging

In defense mode

DFS is ready to test the high with ranging price action. Entry was $49.50 with volume. Visa’s price action has been Bullish for a long time, while it is Longterm intact, short-term price action not very aggressive. TSLA bounced as people stepped in to find “bottom” and drove the stock back. AMZN is one of many stocks that stayed strong during the correction and now it is very bullish for many days. NFLX is recovering from its loss since it topped $300 two years ago. Price action suggesting it has ability to move higher from here.

DFS about to post its new earning report and people are expecting a good-looking result. Stay Bullish view into earning. Years of strong earning and growing and not showing sign of slowing down, this is what people look for as a Bull Stock. Hearing another analyst report saying that TSLA has its room for $300 price if everything plays out right. Sell-side analyst still could influence the price. AMZN continued to rise amid non-stopping questionable its profitability. But so far, its price is saying people still in favor of its business. NFLX made very successful business change from DVD rental to online streaming provider and also create Netflix only series and are welcomed by many. More subscribers than HBO is a powerful proof that it is smart ass.

Visa (V)

$191.01

Retreating

Pulling back from new high

Tesla(TSLA)

$119.03

Bouncing back

V-shape rebound!

Amazon (AMZN)

$304.11

stalling

Paused rally

Netflix (NFLX)

$266.41

Recovering

Rally in motion

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Copyright © 2013 Dream's Trade. All Rights Reserved

Current Watch-list Featured Chart: N/A GOOG, MSFT and ISRG down on disappointing earning after-hour. Financial getting leadership back and expect to provide holding tomorrow as tech-sector not doing well. USO continue to move higher, supporting XOM and CVX. WFC and BAC are leading two among the sector.

Copyright © 2013 Dream's Trade. All Rights Reserved

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