Great Oil Stock, Google Trade, And Other Top Articles

[New Highs: Strong Buying Volume for MCK]( Did you see this trade setup? Without this indicator, I wouldn’t have spotted it myself. Today we will be looking at an On Balance Volume chart for McKesson Corp. (MCK). McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, Prescription Technology Solutions (RxTS), Medical-Surgical Solutions, and International. [...Read More]( --------------------------------------------------------------- [PSX: Oil’s Rise Boosts Refiner’s Stock]( Yesterday, we looked at a Daily Price Chart of [Alphabet Inc.](, noting that GOOGL’s 24/52 Day MACD is trading above the 18-Day EMA signaling a ‘Buy’. For today’s Trade of the Day we will be looking at a Daily Price chart for Phillips 66 stock symbol: PSX. [...Read More]( --------------------------------------------------------------- [Momentum Drives GOOGL to New Highs]( Today I’m going to show you one of my favorite indicators and how I used it to find today’s fresh stock pick. Today we are going to be analyzing the Moving Average Convergence/ Divergence (MACD) chart for Alphabet Inc. (GOOGL). Alphabet has evolved from primarily being a search-engine provider to cloud computing, ad-based video and music streaming, autonomous vehicles, healthcare providers and others. In the online search arena, Google is a monopoly with more than 94% of the online search volume and market. [...Read More]( --------------------------------------------------------------- [MSFT Poised for Next Bullish Breakout?]( On Thursday, we looked at a Daily Price Chart of [Target Corp.](, noting that TGT’s 50-Day EMA is trading above the 100-Day EMA signaling a ‘Buy’. For today’s Trade of the Day e-letter we will be looking at a monthly chart for Microsoft Corp. stock symbol: MSFT. [...Read More]( --------------------------------------------------------------- [1-Month Price]( A stock’s 1-Month Price is determined by taking its closing price on the final trading day of a given month. The stock’s price at this time will be the recorded data point for that month and will become that month’s 1-Month Price. Our team uses the 1-Month Price in tandem with the 10-Month SMA as a Buy/Sell trend indicator. The 10-Month SMA serves as the “trigger” line and the 1-Month Price functions to signal whether the current trend is either a ‘Buy’ or a ‘Sell’. If a stock’s 1-Month Price is trading above the 10-Month SMA, this signals a ‘Buy’. If a stock’s 1-Month Price is trading below the 10-Month SMA, this signals a ‘Sell’. Once either a ‘Buy’ or ‘Sell’ signal is generated, as long as the 1-Month Price remains on that side of the 10-Month SMA the trend signal is still intact. [...Read More]( --------------------------------------------------------------- [On Balance Volume]( Our team uses the On Balance Volume (OBV) line as a type of secondary trend indicator to help validate new ‘Buy’ & ‘Sell’ signals. OBV is an indicator that measures volume flow with a single Easy-to-Read Line. Volume flow precedes stock price movement and helps sustain the price trend. When a stock closes up, volume is added to the line. When a stock closes down, volume is subtracted from the line. A cumulative total of these additions and subtractions form the OBV line. The numerical value of the OBV line is not important. We simply want to see which way the OBV line is sloping to confirm a stock’s price trend. [...Read More]( --------------------------------------------------------------- --------------------------------------------------------------- [TradeWins Logo]( © 2024 Tradewins Publishing. All rights reserved. | [Privacy Policy]( | [Terms and Conditions]( | [Contact Us]( If you didn't create an account using this email address, please ignore this email or unsubscribe using the link below. To ensure delivery of this email to your inbox and to enable images to load in future mailings, please add todaystrade@chuckstod.com to your e-mail address book or safe senders list. DISCLAIMER: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by Legacy Publishing LLC. For additional information on auto-trading, you may visit the SEC's website: All About Auto-Trading. 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