IMGN Bullish Morning Star and off Support

(Immunogen Inc) IMGN printed a Bullish Morning Star on the 3-day chart and off support on several time frames. The T-Line Run continues to climb higher with price as price continues to make higher highs and higher lows. Note the daily chart also has printed a Bull Flag with a breakout.

Learn more about Hit and Run Candlesticks, and today’s trade idea and plan plus the 10 or more members trade ideas, starting at 9:10 EST AM every morning. Every day we teach and trade using the T-Line, Candlesticks, Support and Resistance, Trends, chart patterns and continuation patterns.

Trade Updates

IMGN had a wonderful week last week, and Friday’s close suggests the Bulls intend on pushing price higher. Hit and Run Candlesticks is starting the week off with 18 positions. We are looking to build new double-digit winners this week – The trend is your friend.

Are you having trouble putting together a winning trade? Not sure what scans to use? You come so close to having multiple winning trades, but something always goes wrong. Maybe a couple hours with a trading coach could make all the difference in the world. Hit and Run Candlesticks has 4 trading coaches – Learn More about the Coaches

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your trading education here at the Hit and Run Candlesticks, Right Way Options, Strategic Swing Trade Service and Trader Vision.

[23.70% FSLR] FSLR was first presented to HRC members on May 31,

And closed Friday up another 9% for a total of 23.7%  Another chart that has worked out very well for Hit and Run Candlestick Members. Hit and Run Candlesticks members have learned how important it is to use their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market

On the SPY price and the T-Line are still working together and climbing higher, overall earnings have been positive. $247.90-ish, the recent high is resistance, and $245.70-ish is recent support.

What is a Trade Idea Watch-list?

A trade idea watch list is a list of stocks that we feel will move in our desired direction over a swing trader’s time frame.  That time could be one to 15 days for example. From that watch list, we wait until price action meets our conditions for a trade.

Rick’s personal trade ideas for the day MEMBERS ONLY

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Investing and Trading involve significant financial risk and are not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.