QURE Testing Support & Resistance

On a weekly chart, QURE has been testing support and resistance for about 11 bars. Then POW – buyers finally found a way out and finally broke out. The Ascending Triangle breakout could push QURE to it’s 2015 high and produce a few good swings for the swing trader. Remember to check out the Event Calendar located at the top left of any webpage.

►Listen to your Rules

The Market or any chart, do you feel comfortable buying a stock long if the price is not trending in your favor? If you do, you may be a predictor. Some predictors make money; most do not. As yourself a few questions.

• What is the 34-EMA doing in relationship to itself 20 -30 – days ago?
• What is the T-Line doing in relationship to itself 20 -30 – days ago?
• What is the T-Line doing in relationship to the 34-EMA?
• What is Price doing in relation to both the T-Line and the 34-EMA?

►Learn the Power Of Simple Trading Techniques

On January 31, Rick shared SFLY as a trade for members to consider and how to use the trading tools listed below. Currently, the profits could have been about 33% or $1770.00 with 100 shares. Using our Simple, Proven Swing Trade Tools and techniques to achieve swing trade profits.

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning… Learn More

►The VXX short-term futures

The VXX is built on fear, and it’s carrying a great deal of fear. VXX holding over the 200-SMA on the daily is something to take note.

►Rick’s Swing Trade ideas

Member Login – Full Trade List

30-Day Trial • Monthly • Quarterly • Semi-Annual • Annual

To learn more about our trading tools join us in the trading room or consider Private Coaching. Rick will help coach you to trading success.

Investing and Trading involve significant financial risk and is 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.

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