30 Apr Stock Swing Trade Ideas
16 Swing Trade Ideas for the week of April 29th by The Market Analysts Group
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Each weekend as part of our Weekly Forecast and Trade Ideas report, we update our subscribers on the market forecasts using our Elliott Wave analysis which is combined with a few additional indicators to keep us in check and on the right side of the markets. In addition, we have a list of some of our best ideas each week for free.
Dave Banister, Chief Strategist and Founder
We had 3 huge winners off our weekly list last week, HEXO, CRLBF, and TTD just naming a few, so make sure to review!
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Swing Trade Candidates: Weekly list of ideas
- Each week we provide 8-15 Swing Trade ideas to consider as part of our Swing Trade Alert service.
- We provide entry, exit, stop loss, SMS Text, Email, and Post for every swing position we alert to members, plus pre-market reports every day by 9am EST.
- We often pick a few from this list or other stock ideas we have outside of this list as actual alerts. 70% success rate at SRP on our alerts since September 2013 inception!
We have 16 names this week.
TGNA – CHART LINK
3 weeks tight near 52 week highs. Company operates 49 TV stations and affiliated websites.
ZS – CHART LINK
7 week base near highs. Global Cloud security architecture provider.
MTOR – CHART LINK
3 week ascending base near highs. Company makes components for OEMs of commercial vehicle and transport sectors.
EDU – CHART LINK
Breaking out of a recent 4 week base, now near 52 week highs. Chinese provider of language training and test prep courses.
MGP – CHART LINK
5 week base near highs. REIT that owns large-scale casino properties such as MGM.
FTNT – CHART LINK
3 weeks tight base near all time highs. Company develops management systems to provide security in network functions.
CZR – CHART LINK
3 weeks tight base forming right side of inverse H&S. Casino and gaming company.
HEXO – CHART LINK
Broke out last week, up +15% of our Swing Trade ideas list. Should continue higher. Cannabis US listed play.
GH – CHART LINK
9 week base, recent IPO lock up took shares down from $107 to a low of $61. Now around $67 this could settle and make another run. Held our 64.90 closing stop loss last week. Emerging technology for Liquid Biopsies, could improve standard of care.
TTD – CHART LINK
Closing high breakout last week, with nothing but air higher. Company provides a self-service omnichannel software platform.
HCC – CHART LINK
4 week base just off of all time highs. Company produces and exports metallurgical coal for the steel industry.
CRLBF – CHART LINK
Closed at all time highs on Friday, off our list last week, up 12%! 4-5 week base not far off highs for this Cannabis Producer, distributor, and retailer. Arguably emerging as the US Blue Chip stock to own, but could break out in next few weeks towards 17 from 12-13.25 area.
TWLO – CHART LINK
7 week consolidation holding 13wma in a beautiful uptrend. Company provides a cloud communications platform.
PAYC – CHART LINK
10 week base, looking like it’s close to breaking up from right side to new ATHs. Company provides cloud-based human capital management (HCM) software service for small to mid-sized companies in the United States.
NIU – CHART LINK
Chinese Electric Scooter maker, after soaring from a base of $8 to $13.50, has pulled back hard to the low $9’s area. Could settle in here and start a rebound. $8.75-$9.25 ideal buy ranges.
SE – CHART LINK
Breakout to new 52 week highs last week. Company engages in the digital entertainment, e-commerce, and digital financial service businesses.