Right Side Of The Chart

Swing Trade Ideas 8-28-26

rsotc — Fri, 28 Aug 2026 18:25:29 +0000

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SMWB Stop Hit 24% Max/6-12% Beta-Adjusted Loss

rsotc — Fri, 28 Aug 2026 16:27:27 +0000

The SMWB (Similarweb) Short Swing Trade hit the maximum suggested stop of 9.22 for a max. unadjusted loss of 24% or a beta-adjusted/fractional/starter position size* loss of 6-12%. SMWB was posted as either a “very aggressive pre-earnings short entry” (bolded & underlined to emphasize the extremely high-risk nature of taking the option pre-earnings starter position) “—OR—on a solid break below this uptrend line and/or any push up into, but not above the 7.90-8.30 resistance zone just above AFTER they report earnings tomorrow BMO (before the market open) & ASSUMING the stock hasn’t gapped too far below the rising wedge.” Previous & updated daily charts below.

SMWB daily Aug 11th

SWMB daily Aug 28th

The parameters for that setup also included: “The maximum suggested stop for those taking the aggressive pre-earnings short entry or “bet” that the stock will fall after tomorrow’s earnings report due to the current bearish technical posture of the chart* might consider a maximum suggested stop above 9.22. My preference would also be to only take a starter/fractional (1/4 to 1/2) position here, adding to the position if & when any of the aforementioned alternative, more conventional/conservative entry criteria are in effect after the company reports earnings tomorrow morning.”

Hence, the ¼-½ downward adjustment on the effective loss when taking into account a sell signal (a solid break below the uptrend line) never came, or the total loss from the top of the overhead resistance zone to the max. suggested stop was about 12%. This trade is why I am unable to keep a running tracking form for the performance of the trade ideas on the site, as many have multiple objectives, partial (scale in), or alternative entry points & the majority of trades have multiple price targets, with some traders opting to book profits at the earlier targets & others holding out for the final target(s).

With that being said, I still very much like this trade setup, i.e., the yet-to-be-triggered sell signal of a solid break and/or close below the uptrend line off the May lows, as the negative divergences & overbought conditions continue to build on SMWB. As such, Similarweb may be posted as a new trade idea soon, while this trade & the previous post associated with it will now be moved to the Completed Trades archives.

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$WHEAT WEAT Initial Price Target Hit +50% Gain

rsotc — Fri, 28 Aug 2026 15:59:55 +0000

$WHEAT (spot wheat as well as the trading proxies for this trade; WEAT; wheat ETN & /ZW; wheat futures) has hit my first price target (T1) the long-term 30-year weekly chart of $WHEAT for a ~50% gain. Closing the trade here with the intent of re-entering as a new long trade, ideally on a pullback. Previous & updated weekly charts from 2026 below:

$WHEAT weekly Jan 29th

$WHEAT weekly April 10th

$WHEAT weekly Aug 28th

Daily chart of WEAT (wheat ETF) below for reference, although keep in mind that as an ETF which seeks to reflect daily percentage changes in a weighted basket of three CBOT wheat futures contracts across delivery months. That means its returns can differ substantially from the cash/spot price of wheat because of futures-curve effects—especially contango or backwardation—and rolling futures contracts. Hence, my personal preference is to use /ZW, wheat futures, with the accounts that I have access to futures contracts. (Not to mention the huge tax advantages of using futures contracts vs. ETFs or stocks when swing trading in taxable accounts).

WEAT daily Aug 28th

Zooming down to the 60-minute chart of /ZW (wheat futures), as this chart illustrates, /ZW trades very well off the bearish & bullish rising & falling wedge patterns & divergent highs/lows on this time frame, with the next sell signal to come on a solid break below this 60-minute rising wedge pattern although /ZW or WEAT also offers an objective short entry or starter position here with $WHEAT at long-term resistance & first price target on my weekly chart.

ZW 60m Aug 28th

To reiterate, I remain longer-term bullish on wheat along with the other grains. I have also highlighted in previous videos how it isn’t unusual to see wheat burn through negative divergences & overbought conditions, like mere speed bumps on the near-vertical path it is ultimately headed to, once the turbo-boosters kick in. As such, one will have to decide whether they want to book partial or full profits here or simply raise stops & let the position ride, if holding out for any or all of the additional long-term targets on wheat.

For tracking purposes, this trade will now be considered closed out for a roughly 50% profit (again, depending on one’s average entry price, as multiple objective entries have been highlighted as wheat was bottoming/basing over the past year or so). /ZW- WEAT-$WHEAT will now be moved to the Completed Trades archives while on watch for the next objective entry. It is also an unofficial short trade idea, based on the criteria (two objective entry points) in the 60-minute chart of /ZW above, although a short on wheat should be considered a very aggressive, counter-trend trade.

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SOYB Soybeans Final Price Target Hit +25% Profit

rsotc — Fri, 28 Aug 2026 14:52:14 +0000

The SOYB (soybeans ETN) Long Swing Trade + Long-term Trade idea has hit the final price target (T6) on the daily chart for a 25% profit. While I remain bullish on the grains (wheat, corn, & soybeans) longer-term, with all three hitting my initial long-term price targets with negative divergences & near-term overbought conditions. SOYB will now be moved to the Completed Trades archives while on watch for the next objective re-entry. Previous & updated daily charts below.

SOYB daily Jan 10th

SOYB daily June 25th

SOYB daily Aug 28th

Previous & updated weekly charts of $SOYB (soybeans spot price) with my longer-term targets, for reference, below

$SOYB weekly Nov 18th

$SOYB weekly Aug 28th

On a very much related note, $WHEAT (wheat spot price) has also just hit my $780ish initial (of several) long-term price target with near-term overbought conditions & negative divergences on the 60-minute time frame. As such, I have taken partial or full profits (depending on the account & security) on many of the related trade ideas on the agricultural commodities, all of which have been highlighted as either official or unofficial trade ideas over the past year or so, including: DBA, TILL, WEAT, CANE (and the related futures contracts; /ZW, /ZS, & /SB).

I plan to post additional updates and/or a video covering the ag commodities asap today, reiterating my longer-term bullish outlook & near-term caution due to the aforementioned conditions. I’ve also stated in the past, as well as in this comment reply that I made yesterday regarding wheat, how it is not uncommon to see the grains burn through divergences & overbought conditions as if they aren’t even there, at times like this, when it’s finally starting to become clear to the masses that they’ve bottomed & have started a new uptrend.

QQQ 60-minute Chart 8-27-26

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Swing Trade Ideas 8-27-26

rsotc — Thu, 27 Aug 2026 20:12:59 +0000

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QQQ 60-minute Chart 8-27-26

rsotc — Thu, 27 Aug 2026 19:57:33 +0000

I recently completed a video covering multiple trades & other securities that will be posted shortly, although not before the close today. Someone had asked for an update on QQQ, so I wanted to share my thoughts before the close. QQQ 60m Aug 27th Today's post-NVDA ~1%+ gain in QQQ is a non-event, [...]

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MSTR (Strategy) High-Conviction Short Entry 8-27-26

rsotc — Thu, 27 Aug 2026 18:50:15 +0000

Just yesterday, RSOTC member @mikeflegel had asked me if I had any high-conviction trade ideas at this time (click here to view my reply). While I didn't have anything that stood out as a high-conviction trade just yesterday, I do now: MSTR (Strategy) offers a high-conviction short entry here at major price resistance (and my [...]

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Semiconductor Sector Analysis 8-26-26

rsotc — Wed, 26 Aug 2026 15:40:40 +0000

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Swing Trade Ideas & GDX Update 8-25-26

rsotc — Tue, 25 Aug 2026 20:51:37 +0000

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SPCX SpaceX Swing Trade Idea 8-25-26

rsotc — Tue, 25 Aug 2026 14:30:01 +0000

SPCX (SpaceX) offers an objective short entry here at resistance (~T1 on the previous short trade) with the PPO 9-ema (signal line) backtesting the zero line from below (near-term trend bearish when below, bullish when above). Unadjusted price targets, i.e., the actual support levels where reactions are likely, set BTC limit order slightly above your [...]

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Swing Trade Ideas 8-24-26

rsotc — Mon, 24 Aug 2026 18:22:02 +0000

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GDX Gold Miners ETF Trade Idea 8-24-26

rsotc — Mon, 24 Aug 2026 15:04:51 +0000

GDX (gold miners ETF) offers an objective short entry on this minor trendline break with gold currently trading at the key 428 resistance on the daily chart, while overbought. 60-minute chart with price targets & maximum* suggested stop below. GDX 60m Aug 24th *As always, the maximum suggested stop is based on the [...]

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RSOTC Weekly Recap & TTW 8-24-26

rsotc — Mon, 24 Aug 2026 13:16:49 +0000

Right Side of the Chart — Weekly Recap & Outlook (Aug 17 – Aug 28, 2026) 1. Weekly Trade Activity & Performance Recap Below is the summary of closed trades, target achievements, stop-outs, and profit milestones from posts published between Monday, August 17 and Friday, August 21, 2026. Security / Symbol Setup Type Milestones & [...]

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QQQ, SPY, & XLF Backtesting Resistance 8-21-26

rsotc — Fri, 21 Aug 2026 17:41:27 +0000

The QQQ (Nasdaq 100 ETF) Active Short Swing Trade offers an objective add-on or new short entry on this muted bounce back to the recently broken 715 support (now resistance). Previous & updated 60-minute charts below. QQQ 60m Aug 13th QQQ 60m Aug 21st Likewise, SPY (S&P 500 ETF) is also [...]

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GDX Stop Hit for 6% Loss 8-21-26

rsotc — Fri, 21 Aug 2026 17:11:00 +0000

The GDX Short Swing Trade hit the suggested stop of a 120-minute close above 101.16 for a 6% loss & will be moved to the Completed Trades archives. On watch for another objective short entry on a break below this steep 60m uptrend line, with the negative divergences still intact. Previous & updated 60-minute charts below.

GDX 60m Aug 19th

GDX 60m Aug 21st

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Swing Trade Ideas 8-20-26

rsotc — Thu, 20 Aug 2026 23:32:07 +0000

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SPCX (SpaceX) Final Target Hit for 12%+ Profit 8-20-26

rsotc — Thu, 20 Aug 2026 18:26:26 +0000

The SPCX (SpaceX) short swing trade hit its second and final price target (T2) today for a quick 12% profit. Traders who covered the short and reversed long on the initial tag of the first price target (T1), then reversed back short on the subsequent bounce to the key 149ish resistance level, had the opportunity to capture as much as a 33% combined profit across those trades. Previous and updated 30-minute charts are shown below.

SPCX 30m Aug 12th

SPCX 30m Aug 14th

SPCX 30m Aug 17th

SPCX 30m Aug 20th

With T2 now hit as the final price target, SPCX and all previous posts associated with this trade will be moved to the Completed Trades archives.

For those holding out for additional downside beyond T2, consider lowering stops at this time to help protect profits.

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Booking Profits on FIG (Figma) Swing Trade: +28% Gain

rsotc — Thu, 20 Aug 2026 14:31:04 +0000

Upon further review of the charts, I am revising the first & final target on the FIG (Figma Inc.) Long Swing Trade to current levels, closing the trade here for a 28% gain. Previous & updated daily charts below.

FIG-daily-May-6th

FIG daily May 8th

FIG daily Aug 20th

Consider booking partial or full profits and/or raising stops if holding out for additional gains, including the two original price targets for this trade. With the stock currently testing both price & 200-day MA resistance, coupled with the recent sell signals in the major indices & financials, the odds for a reversal off this level are just too high to warrant holding out for additional upside IMO. As such, FIG & all previous posts associate with this trade will now be moved to the Completed Trades archives.

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Swing Trade Ideas 8-19-26

rsotc — Wed, 19 Aug 2026 22:04:32 +0000

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GLD Final Price Target Hit, Shorting GDX 8-19-26

rsotc — Wed, 19 Aug 2026 19:53:09 +0000

GLD (gold ETF) has hit my final target (T4) for a 12% gain on the unofficial trade (GDX was our recent proxy) and now offers an objective level to book profits and/or reverse to short with gold at resistance, with negative divergences in place on the 60-minute time frame. Previous & updated 60-minute charts below.

GLD 60m July 20th

GLD 60m Aug 19th

With a reaction in GLD likely off my final price targets, GDX (gold miners ETF) also offers an objective short entry for a pullback & will be added as an Active Short Trade at current levels. Price targets (in yellow) & the maximum suggested stop on the 60-minute chart below.

GDX 60m Aug 19th

FYI- Depending on how the charts develop going forward, I might add an additional downside target around 84 on GDX.

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CPB (Campbell’s) Swing Trade Final Price Target Hit: +23% Gain

rsotc — Wed, 19 Aug 2026 18:53:58 +0000

The CPB (Campbell’s Company) Swing Trade + Growth & Income Trade idea has hit the final price target, T2 (the intersecting downtrend line & 200-day moving averages), for a 23% or higher* profit, including the $0.39 dividend paid on August 3rd. As this was & remains the final price target, CPB will now be moved to the Completed Trades archives. Those holding out for additional gains might consider a stop somewhat below this uptrend line and/or T1. Previous & updated weekly (initial long entry from April 14th based off the weekly chart) & the daily charts below.

CPB-weekly-April-14th

CPB daily April 15th

CPB daily June 8th

CPB daily June 18th

CPB daily Aug 19th

* The total gains on this trade for those that booked profits and/or reversed short for the pullback off the initial tag of the first price target and/or recycled back in long on the pullback to the 20.78 support level, which was highlighted on June 18th (3rd chart above) would have been much higher, nearly double the ~23% profit from the initial entry highlighted back on April 14th, essentially at the very bottom of the nearly 24 year low in the stock.

Disregard the part of the notation in the June 8th daily chart above referencing the August 3rd dividend, which hadn’t been paid out yet.

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NKE Nike Swing Trade Setup 8-19-26

rsotc — Wed, 19 Aug 2026 15:28:57 +0000

NKE (Nike Inc.) will trigger a buy signal on a solid break and/or daily close* above this bullish falling wedge pattern. Props to@jmccallum to bringing this one to my attention. Daily chart below. NKE daily Aug 19th The price targets for this trade are T1 at 43.46, T2 at 46.43, & T3 at [...]

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CAG Conagra Final Price Target Hit 16% Profit 8-19-26

rsotc — Wed, 19 Aug 2026 14:46:40 +0000

The CAG (Conagra Brands Inc) Swing Trade + Growth & Income Trade has hit the first & final price target for a 16% profit. Depending on your trading plan, consider booking partial or full profits and/or raising stops if holding out for any of the additional potential targets. Previous & updated daily charts below.

CAG daily April 17th

CAG daily April 30th

CAG daily Aug 18th

CAG daily Aug 19th

Note: The 16% gain includes both the $0.35 dividend already paid on June 3rd (to shareholders of record on April 30th, shortly after the entry/breakout) and the upcoming dividend of $0.175, which will be paid out on Sept 2nd to those holding the stock on the last record date of July 30th, even if the stock is sold today.

T1 was revised from the initial of four price targets to the final official target yesterday, for the reasons stated in that post. The former T2 – T4 are still potential targets that have a decent chance of being hit in the coming months+, especially if the stock market goes on to make new highs. However, as T1 is the final official target, I believe the odds for a meaningful reaction here at the intersecting price & 200-day MA resistance levels are elevated enough to warrant booking profits or at least tightening up stops, and waiting for the next objective entry, ideally on either a pullback to support and/or a solid breakout above both the 200-day MA’s & the primary downtrend line on the chart above.

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Revising Price Target On CAG, Conagra Brands 8-18-26

rsotc — Tue, 18 Aug 2026 22:09:03 +0000

Upon further review of the chart, I am revising the first price target (T1) on the CAG (Conagra Brands Inc) Active Long Swing Trade + Growth & Income Trade from the previous "unadjusted"* target of 15.98 to an adjusted target of 15.91, slightly below the intersecting 15.98 price resistance & 200-day moving averages. Additionally, T1 [...]

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Swing Trade Ideas 8-18-26

rsotc — Tue, 18 Aug 2026 16:03:49 +0000

Technical analysis and trade setups covering the recent breakdowns and key levels across /NQ, QQQ, SPY, SOXX, and XLF. Also covers the trade setup on $VIX, bond yields and TLT as an indirect hedge, breakouts across agricultural commodities (TILL, WEAT, CORN, SOYB), and active swing trades.

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