Currently Long TWTR
Hit and Run is Currently long TWTR, and we feel it may push higher. We are looking for TWTR to climb to the high 40’s with normal pullbacks and obstacles to overcome. The weekly chart has constructed a bullish bottom with a bull “W” pattern. Yes TWTR is approaching a little resistance followed by a weak spot on the chart that price may want to slip through. Want to learn how to deal with the resistance ahead and collect 30-40%, consider joining our team
We will discuss the trade details with our trade plan in our Members Morning Prep starting at 9:10 EST this morning.
Hope to see everyone at the members morning briefing 9:10 EST today.
►Recently Closed Positions
WTW 21.9% •VIPS 118% • VXX 375% • TWTR 180% • QQQ 179% • QQQ 28% • TWTR 54%
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►Event Calendar Stay Informed
►SPY Up-Date
The SPY put together another bullish day yesterday on the south side the 50-SMA, to get the bulls back into a strong bullish trend price will need to be the north side of the 50-SMA and bring a few moving averages with it. Above $275.90 would put the bulls in a good position to mount the attack on the January high. If price cant finds a way over the 50-SMA, another test of the 200-SMA is in the cards.
►The VXX short-term futures
As of yesterday, VXX is quietly working to hold the 200-SMA. We will keep it on our watchlist but no activity right now.
►Rick’s Swing Trade Ideas Reserved for Subscribing Members
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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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