Long term hold trade idea # 3: Two stocks are setting up for low-risk, high-reward entries.

Two stocks are setting up for low-risk, high-reward entries, providing a potentially profitable investment opportunity.

This idea might suit traders with a multi-weekly holding plan. SE and BABA stocks are consolidating tightly over weekly moving averages. If I had to pick one out of these two, I would like SE better than BABA because of recent institutional accumulation/ volume patterns.

SE:

Suggested stop loss: 69.9$

BABA:

Suggested stop loss: 76.7$

Tightly consolidating in stage 1 pattern with imminent stage 2 breakout opportunity. 

Lovely volume patterns with rising RSI in the weekly chart (consolidating above rising 10-week and 21-weekly moving averages)