5 Trade Ideas for Monday: Air Products, Deere, JP Morgan, McCormick and Walmart

Air Products, Ticker: $APD

Air Products, $APD, has been trending higher since January. It paused to consolidate in May and then again at the start of July. Friday saw it move back to the top of the consolidation zone with the RSI rising in the bullish zone and the MACD turning to cross up. Look for a push over resistance to participate…..

Deere, Ticker: $DE

Deere, $DE, made a peak in April and then rapidly imploded, dropping to a low in May 20% lower. Since then it has moved back up to that prior high and consolidated. Friday it pushed over resistance with a RSI strong in the bullish zone and the MACD level but crossing up and positive. Look for continuation to participate…..

JP Morgan, Ticker: $JPM

JP Morgan, $JPM, started moving lower from a top at the beginning of May. It found support at a higher low at the end of the month and reversed. Last week it was back at that May high. The RSI is holding in the bullish zone with the MACD rising and positive. Look for a push over resistance to participate…..

McCormick, Ticker: $MKC

McCormick, $MKC, started higher off of a January low and met resistance in April. It has run mainly sideways since with a slight upward bias the past month. It has a RSI rising in the bullish zone with the MACD crossing up and positive. Look for a push over resistance to participate…..

Walmart, Ticker: $WMT

Walmart, $WMT, started higher off of a December low and then quickly settled into a slower path higher. In June it accelerated again and continued to a peak 2 weeks ago. It pulled back last week and found support just under the 20 day SMA. Friday saw a push back to the upside with the RSI turning back up in the bullish zone and the MACD resetting lower. Look for continuation to participate…..

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