Swing Trades for the Week - 1st week of February 2021 ( US Stocks )

 Hi, let's check some charts which are looking good for now. Please note that these articles are always shared for teaching purposes and should never be treated as a buy or sell recommendation. 

Apple Inc.

We can see the AAPL is taking volume shelf support in the daily charts.

This could be a false breakdown and can bounce back since it is supported by heavy volume shelf.

(Volume Shelf is an exclusive feature available only on Trendspider.)

Trane Technologies Plc.

In the weekly charts, Trane Technologies Plc. has tried going bearish but has managed to stay in the marked zone. This gives us a bullish bias on the stock.

Let’s look at the daily charts.

In the daily charts, it has managed to remain above the marked support levels and has actually formed a descending triangle.

We remain bullish for this week.

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