5 Trade Ideas for Monday: Analog Devices, AGCO, JD, LPL and Voya

Analog Devices, Ticker: $ADIWealth Strength IndexAAPL is Extremely Up and trending Up

Analog Devices, $ADIWealth Strength IndexAAPL is Extremely Up and trending Up, rose out of a double bottom in January, meeting resistance at the end of April. It pulled back to the 200 day SMA from there before reversing back to resistance. After a shallow pullback it is moving back to resistance again. Look for a new high to participate…..

AGCO, Ticker: $AGCO

AGCO, $AGCO, started higher in December, confirming a double bottom in early January. It continued higher until meeting resistance at the beginning of May and pulling back. It started higher again in June, stalling at a higher high and pulling back into July. Friday saw it start back higher with the RSI rising in the bullish zone and the MACD positive and moving higher. Look for a push over resistance to participate…..

JDWealth Strength IndexAAPL is Extremely Up and trending Up.com, Ticker: $JDWealth Strength IndexAAPL is Extremely Up and trending Up

JDWealth Strength IndexAAPL is Extremely Up and trending Up.com, $JDWealth Strength IndexAAPL is Extremely Up and trending Up, rounded out of a downtrend and started higher in January. It met resistance at the start of April and pulled back to the 200 day SMA where it found support. it reversed from there and is now testing resistance. The RSI is rising in the bullish zone with the MACD avoiding a cross down. Look for a push through resistance to participate…..

LPL Financial, Ticker: $LPLA

LPL Financial, $LPLA, took two steps up off of a year-end low to the current resistance level. 3 weeks ago it retested the gap up from early May and held, leading to the current run higher. The RSI is rising into the bullish zone with the MACD positive and moving higher. Look for a push over resistance to participate…..

Voya Financial, Ticker: $VOYA

Voya Financial, $VOYA, started higher in December and continued to a top in April. It pulled back slightly from there and nearly touched the 100 day SMA when it bounced. Now it has made a higher high and is in consolidation. The RSI is holding in the bullish zone with the MACD flat but positive. Look for a break over resistance to participate…..

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