Dreams Trade Ideas by Dreamytrader

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

04-30-2013

Current Watch-list
S&P500 Index ETF (SPY) $158.28 Off high Near-term resistance is $160 $153.50-$154 lower support. $450ish-$460 area next resistance SPYs $160 still possible at any time. Pulling back and still high end of the range. AAPL stalled for a day, when market was in selling. Strong Apple is back for now to support the market. Long-term in Bullish mode. Seeing speeding for upside. Not seeing very attractive new entry long. Just holding long is enough for this mover so far. UPS fell back into the range and almost killed all the gains after the earning. Not a good sign here for long. MCD in early stage of a new range. Buying long with reasonable risk/reward still make sense for this stock. LNKDs in a stairway form of going higher. A very healthy price action into the earning. People are buying the stock in expectation of good earning. SPY was in selling mode and back-fired. Sell in May and go away spell is back for a day. Long month to go. AAPL got a confident investment from Russias Wealthy, and debt issuing for capitalreturn plan in progress. Investors are cheering the stock again. Strong last earning numbers spiked NKE into all-time high and it has been a very strong retail stock among the sector. The up-trend is intact for NKE despite recent market chills. UPS is lucky and delivered a nice earning package to investors, reported EPS beat and REV in-line, reaffirmed guidance. This helped stock to stable. MCD reported EPS and REV in-line with the market, and guided very softly for its outlook. Marco environment still tough for growth but company is gaining its influence. LNKDs earning is coming up as earning season is heating up. Price action was mixed but overall, LNKDs bull defended stock and recent price action shown buying interest ahead of earning date of May 2nd, after market

Apple(AAPL)

$439.29

Stall after rally

Nike (NKE)

$63.36

Speeding to higher

$62ish lower support

UPS (UPS)

$84.82

Earning gap-up

$86 resistance

McDonalds (MCD)

$101.38

Drifting lower

$97.50-$98ish support

LinkedIn (LNKD)

$194.80

Forming a range above previous support

$190ish area nearterm support.

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Boeing (BA)

$91.21

Traded lower but downside limited Broken near-term support of $73 Backing away from high

$89-$91 lower support area.

BAs next project is Holding the earning gap into near-future and forming a range is ideal before next entry long. HD is forming a range above $72, seeing multi-rejections on recent daily bars. A range is nice but the price action kind of weak here when market is advancing. MON is working on a tradeable setup for the long-side. Trading against the $103-$105 range for long is doable. MOS has a good weekly chart that showing buying against the $62ish$63 resistance and break on upside is the trade with entry with volume.

Boeings strong earning with huge beat on EPS and REV helped stock to close higher. Proved that Dreamliner didnt impact BA that much like people feared before. With more and more news about how housing market is recovering, HD certainly found reasons to go higher in this not so decisive market sentiment. Or, another housing bubble inflated by QE. MON reported EPS and REV beat on its Q2 earning and raised its guidance. Stock was in leading position before the earning and best among the sector. Agricultural sector lost its leadership a while ago. Long way to go. MOSs recent earning was somewhat mixed with EPS beat and miss on REV. Guidance was a bit downside. The buyers are still with the stock so the future could be brighter for now.

Home Depot (HD)

$72.79

$72 next lower support.

Monsanto (MON)

$104.74

$103-$105 lower support

Mosaic (MOS)

$60.32

Backing away from high

$63 resistance

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Copyright 2013 Dream's Trade. All Rights Reserved