SAPE bullish breakout stock trade setup

I have noticed nice consolidation on the chart of SAPE. Breakout above the 16 USD level could initiate strong multi week rally to much higher levels. My initial setup is to buy above 16.15 USD with a stop loss under 15.80 and target at 19.30 USD

20131130_SAPE_chart_analysis_from_simple-stock-trading-com

20131202_SAPE_chart_analysis_from_simple-stock-trading-com

 

 

ETF watchlist – 30.11.2013

Watchlists for swing and position trading strategies

Bullish ETFs: QQQ, FDN, SMH, DIA, IAK, IAI, IWM, IYC, KRE, SPY, NIB, EWH, EWJ, FXI, GXC

Bearish ETFs: COPX, GDX, GDXJ, ICF, IDU, IYR, MORT, SIL, DBB, DBC, PPLT, BRF, EPHE, IDX, THD, BZF, FXY

ETF watchlists – 24.11.2013

Watchlists for swing and position trading strategies

Bullish ETFs: IBB,, FDN, IGV, QQQ, SMH, IAI, IAT, IHF, ITA, IYH, KRE, PPH, NIB, CHIQ, EWH, EWJ, FXI, GXC, HAO, ITF, EPOL, EWG, EWU

Bearish ETFs: COPX, GDX, GDXJ, ICF, IYR, SIL, DBA, DBB, DBC, DBP, GLD, PPLT, SLV, BRF, ECH, EPU, EWZ, EPHE, IDX, PIN, THD