Trading plans for US Stocks in the S&P100 (week May, 14th-18th)

The following stocks, entries of the S&P100, show high-probability long setups: ABT, ALL, AEP, AXP, CL (riskier),  COV, KFT, RF.

If the S&P500 index holds its weekly long level most of these stocks will move higher from here. Even if the S&P500 index fails the weekly long level, we will anyway get a reaction higher, but some of these setups may fail.

Find below the complete trading plans with entry price, stop-loss price, target(s) price, reward/risk, reliability and probability to hit target.

I will check the cumulative results in the coming days/weeks… (click on images to enlarge).

Disclaimer: Setups/trades for educational purpose only, not intended as trading advice. Please read the full disclaimer here.

ABT

Entry price: 61.79 (limit order);  Stop-loss price: 61.63 (stop market); Target price: 64.19 (limit order); Reward/Risk: 15

Reliability: 87% ; Target probability rate: 63%

ABT, week May 14th-18th setup

ALL

Entry price: 34.47 (limit order);  Stop-loss price: 34.16 (stop market); Target(1) price: 35.23 (limit order); Reward/Risk(1): 2.45;  Target(2) price: 35.87 (limit order); Reward/Risk(2): 4.52

Reliability: 55%-68% ; Target probability rate: 67%

ALL, week May 14th-18th setup

AEP

Entry price: 38.44 (limit order);  Stop-loss price: 38.21 (stop market); Target price: 39.56 (limit order); Reward/Risk: 4.87

Reliability: 68% ; Target probability rate: 78-89%

AEP, week May 14th-18th setup

AXP

Entry price: 59.55 (limit order);  Stop-loss price: 59.32 (stop market); Target price: 62.58 (limit order); Reward/Risk: 13.17;

Reliability: 87% ; Target probability rate: 63%

AXP, week May 14th-18th setup

CL

Entry price: 99.30 (limit order);  Stop-loss price: 99.13 (stop market); Target price: 101.86 (limit order); Reward/Risk: 15.06;

Reliability: 55%-68% ; Target probability rate: 67-89%. Note: riskier setup, wait for price to emerge above 99.30

CL, week May 14th-18th setup

COV

Entry price: 55.01 (limit order);  Stop-loss price: 54.36 (stop market); Target price: 57.49 (limit order); Reward/Risk: 3.82;

Reliability: 68% ; Target probability rate: 89%

COV, week May 14th-18th setup

KFT

Entry price: 39.05 (limit order);  Stop-loss price: 38.82 (stop market); Target price: 40.49 (limit order); Reward/Risk: 6.26;

Reliability: 87% ; Target probability rate: 63%

KFT, week May 14th-18th setup

RF

Entry price: 6.60 (limit order);  Stop-loss price: 6.49 (stop market); Target price: 7.23 (limit order); Reward/Risk: 5.73;

Reliability: 87% ; Target probability rate: 63%

RF, week May 14th-18th setup

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