Binary Tribune’s Stock Trading Signals for October 6th 2016

Written by Miroslav Marinov

Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.

, | Updated: October 30, 2024

Tesla Motors Inc., NASDAQ: TSLA: 1. If todays open price falls within the $207.08-$209.84 range, buy 2 ticks above $207.08, TP1 – $208.92, TP2 – $209.38, TP3 – $209.84, SL – 2 ticks below $205.69.

Sell 2 ticks below $209.84, TP1 – $208.00, TP2 – $207.54, TP3 – $207.08, SL – 2 ticks above $211.23.

2. If todays open price falls within the $209.84-$211.23 range, buy with TP1 at $212.84, TP2 at $213.50 and SL – 2 ticks below $209.84.

3. If todays open price falls within the $205.69-$207.08 range, sell with TP1 at $204.08, TP2 at $203.42 and SL – 2 ticks above $207.08.

International Business Machines, NYSE: IBM: 1. If todays open price falls within the $156.77-$157.39 range, buy 2 ticks above $156.77, TP1 – $157.18, TP2 – $157.28, TP3 – $157.39, SL – 2 ticks below $156.47.

Sell 2 ticks below $157.39, TP1 – $156.98, TP2 – $156.88, TP3 – $156.77, SL – 2 ticks above $157.69.

2. If todays open price falls within the $157.39-$157.69 range, buy with TP1 at $158.05, TP2 at $158.19 and SL – 2 ticks below $157.39.

3. If todays open price falls within the $156.47-$156.77 range, sell with TP1 at $156.11, TP2 at $155.97 and SL – 2 ticks above $156.77.

Boeing Company, NYSE: BA: 1. If todays open price falls within the $134.03-$135.33 range, buy 2 ticks above $134.03, TP1 – $134.90, TP2 – $135.11, TP3 – $135.33, SL – 2 ticks below $133.39.

Sell 2 ticks below $135.33, TP1 – $134.46, TP2 – $134.25, TP3 – $134.03, SL – 2 ticks above $135.97.

2. If todays open price falls within the $135.33-$135.97 range, buy with TP1 at $136.73, TP2 at $137.07 and SL – 2 ticks below $135.33.

3. If todays open price falls within the $133.39-$134.03 range, sell with TP1 at $132.63, TP2 at $132.29 and SL – 2 ticks above $134.03.

Dow Jones 30 Industrial Average (DJI): 1. If the Dow opens within the 18,250.69-18,311.37 range today, buy 2 ticks above 18,250.69, TP1 – 18,291.14, TP2 – 18,301.26, TP3 – 18,311.37, SL – 2 ticks below 18,220.35.

Sell 2 ticks below 18,311.37, TP1 – 18,270.92, TP2 – 18,260.80, TP3 – 18,250.69, SL – 2 ticks above 18,341.71.

2. If the Dow opens within the 18,311.37-18,341.71 range today, buy with TP1 at 18,377.14, TP2 at 18,391.81 and SL – 2 ticks below 18,311.37.

3. If the Dow opens within the 18,220.35-18,250.69 range today, sell with TP1 at 18,184.92, TP2 at 18,170.25 and SL – 2 ticks above 18,250.69.

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