Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
ZOES Long | RBB | Bullish Engulf | Doji Continuation pattern
Double click the trade plan to enlarge.
This not a recommendation to buy. I am simply sharing a trade I am considering.
From a bull’s eye: The current chart pattern in the SPY suggests more continuation higher with possible light consolidation along the way.
$214.55 is still a major support line that the buyers are defending well. Over $217.10 would set and suggest a path for the SPY to follow DIA’s and IWM to all-time new highs.
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These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
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