Week 13 – 17 August 2018

These are the trade that I will follow during the week. I comment as an opinion and should not be taken as financial advice. If you have any doubt, read the Terms and Conditions of the site.

In the case of Macys, the crossing of the MACD lines occurred after the earnings released, Why I emphasize it?, because previous to this publication the MACD lines had not been crossed, so the operation that was given for the sell short in the graph of 1hr before Wednesday of this week could not be done and is not valid, because there was no trend indicated in 4hr.

It was valid on Wednesday after earnings released, where there is a crossing of MACD then if we go to the 1hr chart and follow the FisuOne® method, the entry was at 39.79 and the exit at 35.53 giving a gain of 10.7% in the week.

TSLA after the Tweet by Elon Musk caused in the 4hr chart a crossing of lines towards the sell short trend that is when the red line of MACD is below the blue. When this happens we are in the presence of a potential short selling trend, so we must go to the 1hr chart and consequently look for short selling operations. This occurred when TSLA cuts the green line MA21 from top to bottom giving an entry in 352.98 and an exit when the price starts to lateralize and with the ends of the week the exit was at 308.30.

KGC never crossed its MACD lines in 4hrs CHART to the LONG side, this is that the red line of MACD above the blue one from bottom to top, as this trend in 4hr was not offered, it could not go long in this stock.