The FIBOCALL text message trading ideas sent today:
JNJ: 124.69 is first LT support. A close below can be sold. 50 DMA @ 122.79 with 122.03 next support.
GWW: I liked being long GWW with 225.15 as the lower end of bounce zone. Closed below 225.15 on 4/12 GWW has the 10/25/16 low @ 201.94
FAST: Inside the bounce zone @ 45.22-43.44 now.. Can own SOME here. A close above the 200 DMA @ 45.67 to add to longs. A close below 43.44 DO NOT add.
CAH: Gap down on news....Inside our bounce zone @ 73.79-71.17 LT oversold in place.. Can own some today. Day 1 of 3 day rule
GS: 217.96 is some support. CLOSE below and our LT bounce zone @ 206.48-194.98 200 DMA @ 203.31
TSLA: 296.80 is first support. A close below is needed for the company stock price to drop off the road 20 DMA @ 286.34
CAB: A close above 56.49 is bullish but very LT OB in deal news. Day 1 of 3 day rule today... Keep on radar for Thursday.
CLF: LT oversold....Lower low and now UP on day the day. Would buy some now...add with a close above 7.22 6.67 is some support (.764 level)
IP: Gaped higher... Above 50 DMA @ 51.61. Can some now or buy/add with close above 51.78 level. Selling zone @ 54.23-55.32
CF: Testing the lower level of bounce zone @ 27.03. A close above is needed to hold longs. Can BUY SOME here...and use a close below as a very ST exit. A close above 200 DMA @ 27.97 to add to ST longs
FDX: LT Bounce zone @ 184.79-180.82 was tested past few days. Can own some here...200 DMA 2 179.95 below also. A close above 186.86 to buy more. ST selling zone @ 191.12-193.02 with 50 DMA @ 192.19 inside the zone.