Trading the $100 billion Club

Here are all textbook opportunities that happened in the stocks with a market cap of more than $100 billion.

Moderna MRNA ~ The new high trade

Trade: Buy at 196-200 on Breakout to a New High/pullback [Result: MRNA rallied to 300+ i.e. 50% upmove.]

When a stock makes a new high above a well-defined resistance and pulls back to hold the line then one should take advantage of the opportunity.

Apple ~ 200 dma trade

Trade: Go long at 124/200 dma. [Result: 18% up from 200 dma]

When a blue-chip uptrending stock takes multiple support at 200 dma, then it’s bound to surprise on the upside. Apple stock slowly built a base at 200 dma in May and then did not look back in June-July.

Pfizer ~ Buy Low and Sell High

Trade: Buy near 33 in March and now the stock has rallied to $41 i.e. upside of 24%

Pfizer stock was down and out in March 2021 when it retested 200-week ma and horizontal support levels of 33. It offered an excellent buying opportunity and the stock has bounced 24% since then.

Facebook at 200 dma

When a stock takes multiple support at 200 dma, then eventually it surprises on the upside. It resulted in upside of 40%

NVidia at 200 dma

Trade: Go long at 200 dma i.e. 140 and sold on 50% upside.

Nvidia announced a stock split in May when it was near 200 dma. A long trade at 140 resulted in a 50% upside.

Wells Fargo WFC ~ Large Candle Breakout

Trade: Go Long at 36.5 and booked profit at 46. It was an upside of 25%.

When a stock breaks out with a large candle, then one should look to buy the momentum pullback to ride the upside.

AMD ~ Bullish Base trade

Trade: Go long at 75 as the stock formed a bullish base and the stock rallied 28% from the base. The stock is still held at 86.

A strong trending stock forms a long bullish base before taking off. AMD building a base at 75 was just an example.

Microsoft ~ The new high trade

When a stock forms a new high above the well-defined resistance, then on a pullback it offers an excellent opportunity to go long. Microsoft stock did the same at 230

The long trade at 226 has resulted in an upside of 24%.

IBM ~ A slow and painful breakout

When an underperforming stock makes a comeback by breaking out above the resistance the upside comes sharp and swift but that has not been the case with IBM so far.