On Friday, we looked at a Daily Chart of Procter & Gamble Co. and noted that the stock had been making a series of higher highs and higher lows.
Today’s Chart of the Day is a 10-Month Simple Moving Average chart for Brookfield Renewable Partners LP (NYSE: BEP).
BEP owns a portfolio of renewable power generating facilities worldwide. The company generates electricity through hydro, wind, solar, cogeneration, and biomass sources. Its portfolio consists of approximately 17,400 megawatts of installed capacity.
Now, below is a 10-Month Simple Moving Average chart for Brookfield Renewable Partners LP
Back in January, the BEP 1-Month Moving Average crossed above the 10-Month SMA indicating BEP is on a PowerTrend ‘buy’ signal (circled).
Guess what happened next…
Prices rose steadily higher and haven’t stopped since.
If you had purchased BEP shares when the PowerTrend ‘buy’ signal occurred for the stock back on January 31st, when the stock was around $28.84, you’d be up 64.59% by now.
Not a bad profit for a less-than-a-year-hold of a major utility company.
Now, as you can see, the 1-Month Moving Average is still above the 10-month SMA. That means the bullish trend is still in play!
As long as the 1-Month Price remains above the 10-month SMA, the stock is more likely to keep trading at new highs in the coming days and weeks.
We’ll be keeping our eye on this stock as it continues to trend upward so we’ll know the moment the market conditions shift and the stock begins to come back down.
Additionally, we’d like to talk about how a previous Chart of the Day stock has done…
On November 14th, we highlighted Taiwan Semiconductors MFG (NYSE: TSM), noting that the stock had pulled back, below the Upper Keltner Channel, offering a prime buying opportunity.
If you happened to have purchased TSM shares on that day, you’d already be up 3.98%.
But… if you had purchased the right option contract, you would be up 43.05% in less than one month’s time!
Yesterday, we looked at a chart of Apple, Inc., and noted that the stock had been making a series of higher highs and higher lows for a year now.
Today’s Chart of the Day is for Walmart Inc. (NYSE: WMT).
Now, below is a 10-month Simple Moving Average chart.
Back in August 2018, the WMT 1-month moving-average line crossed above the 10-month simple moving-average (SMA) indicating WMT is on a PowerTrend ‘buy’ signal (circled).
And guess what happened next…
Sure enough, Walmart prices continued to climb.
If you had purchased shares of WMT when the ‘buy’ was signalled for the stock back in August 2018, at around $95.80, you’d be up 24.3% by now.
Not a bad profit, for a little-over-a-year-hold of a major retailer.
10-Time Championship Trader Banned From Competition….
…Reveals his proprietary “X-Ray” Trading System.
On October 30th at 1 PM EST, pro trading guru Chuck Hughes is revealing the same breakthrough strategy that earned him more than $3.7 million in real portfolio profits over time and got him BANNED from competing…
What is Leasehold Rewards Program by Chuck Hughes?
The Leasehold Rewards Program capitalizes on an obscure pricing quirk that most professional traders don’t even know about. Yet it’s so head-slapping obvious once you know where to look, you’ll never see options in the same light again!
And if you’re new to options . . .Congratulations, you’ve got a clean slate!
If you’ve never traded options before, you’ll have no shocking revelations that require you to re-think what you thought you knew about the way options are priced.
And you’ll be surprised by how little time it takes to participate in the Leasehold Rewards Program.
Right now, all around America, folks have started making more money than they ever dreamed possible. And they’re doing it week after week, month after month, year after year.
I’m talking about regular hard-working individuals like you. People who were once in your shoes . . .
– concerned about their retirement . . .
– worried about running out of money …
– regretful over opportunities missed in the past . . .
And determined to jump on this once-in-a-lifetime chance to turn things around.
This obscure vehicle for instant cash payouts works in just about any IRA, 401(k), or regular brokerage account . . .It has nothing to do with dividends, covered calls, or credit-spreads . . .And it is without a doubt one of the fastest, safest, and easiest ways to fund the retirement of your dreams . . .
Starting immediately . . . not sometime in the distant future.
Leasehold Rewards Program utilizes the Leasehold Rewards trading strategies to select option debit spread trades. The LRP Strategies are explained in detail in the downloadable Leasehold Rewards Program manual.
It contains everything you need to know if you want to potentially say goodbye to your money worries forever . . .
Learn how and where you can lease equities for pennies-on-the-dollar and collect substantial cash payouts the same as you would if you owned them.
Discover an obscure option-pricing quirk hardly anyone knows about that automatically gives you built-in profit potential.
Check out my actual brokerage statements and see for yourself how fast your low-risk Leasehold cash payouts can add up to Millions of dollars . . . $9,948,623 in 10 years to be exact!*
And much, much more
Starting with option trading basics and moving on to reveal every detail of possibly the greatest income producing secret on the planet . . . Nothing is left out and nothing is left to the imagination.
And it’s yours for free when you say “Yes” to a risk-free trial subscription to YOUR exclusive Leasehold Rewards Program.
What do you get for your money with Leasehold Rewards Program?
Leasehold Rewards Program gives you two of Chuck’s most popular services for the price of one . . .
Leasehold Rewards Weekly Newsletter
Every week you’ll eagerly await the arrival of your Leasehold Rewards Advisory Newsletter revealing several exciting new profit opportunities.
Each Leasehold recommendation includes . . .
Insightful market overview and detailed analysis
A screen shot of the Optioneering profit calculator showing exactly how much potential income you stand to make
And current profit opportunities.
Everything is already done for you. So even if you’ve never placed a trade before, as long as you can check your email . . .
In about 6 minutes a week you can enter each Leasehold Cash Rewards opportunity and collect a potentially big stack of cash from assets you don’t even own!
Leasehold Rewards Weekly Workshop
Every week you will climb into Chuck’s head . . . see the market as he sees it . . . and enter the latest cash-producing Leasehold opportunity.
Walk through the entire thought process with Chuck Hughes, in less than 10 minutes.
Following his proprietary Optioneering® selection process you ’ll identify a rock-solid equity poised for explosive gains . . .
Using readily available price charts, set up to Optioneering® specs, you ’ll pinpoint a low-risk, high-probability, entry-point.
Then you ’ll plug everything into the Optioneering® Profit Calculator to eliminate all guesswork
And finish off with profit opportunities you can act on immediately
This earn-while-you-learn “think-talk” coaching format can not only potentially speed you into the winner’s circle on your very first day . . .
Over time you’ll become independently proficient and confident . . . easily capable of finding your own Leasehold profit opportunities in a matter of minutes . . .
That’s when you’ll truly become ‘master of your own fate’. And you should never have to worry about money again!
You have a full 60 days to make up your mind about whether the Leasehold Rewards Program is really right for you.
If you feel you’d rather cancel, simply shoot them an email with your request and you’ll receive a prompt and courteous refund of every cent you paid for your trial subscription.
The Cons
The biggest issue is that Chuck only takes on 250 new subscribers at a time. It’s strictly first come, first served – so if you want in, you need to move now…
On Friday, we looked at a Daily Chart of Procter & Gamble Co. and noted that the stock had been making a series of higher highs and higher lows.
Blueprint for Options Success
