Today’s Swing Trade Ideas
CLNE/Long (Energy sector) CLNE Was pointed out in the trading room by another member, a rounded bottom breakout that has found support on the 50–simple moving average a hammer followed by a series of candlesticks a few of which are Doji’s and one a Bullish Engulf. Yesterdays close over the 20–simple moving average has set CLNE up to retest the recent high near $6.20 with a possible reach for about the 200–simple moving average
To learn more about CLNE, join me in the live trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $5.06 to $5.37
Possible stop plan idea: A close below T-Line
Good Morning,
SPY: Yesterdays gap and negative close below the T-Line and the 20 – simple moving average might be setting the spy up to retest the 50 – simple moving average near the 206.65 area. Yesterday I wrote that recently the spy has been wandering aimlessly and yesterday was no different. The buyers haven’t really carved out a bullish direction and the sellers haven’t really carved out a bearish direction. However we are in a sloppy sideways hard to trade area. As far as the market goes the best thing is to draw your lines and be patient until a direction is determined.
There are many nice tradable charts that do have their directions simply pick your charts, make a plan and trade your plan.
While the spy failed to close over the 210.80 area yesterday, if the buyers can manage to closes over 210 that might be a footing to reach 210.80. With that said I did buy some TZA in UVXY yesterday.
IWM: The last two candlesticks on IWM are suggesting a little weakness, possibly to the T-Line
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Members Trade Ideas – Members Only
In the members area you will find 10-15 trade ideas every day
Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (maybe more) within the next few days based on the charts. As you know some work and some don’t…Welcome to trading. Please follow your trading rules for entry stops and profits. Remember to check for earnings!
Symbols from TC2000
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.
Symbols formembers only | % | Date | Long/Short | Try our Membership, Check out the Trading Room |
3.24.15 | Long | BOPT | ||
3.19.15 | Long | Close or Manage | ||
3.18.15 | Long | BOPT | ||
3.17.15 | Long | Close below T-Line | ||
3.13.15 | Long | BOPT/ Close below T-Line | ||
3.12.15 | Long | Wait for buy signal | ||
3.11.15 | Long | BOPT over T-Line | ||
3.9.15 | Long | Move stop up protect profits | ||
3.6.15 | Long | Wait for buy signal | ||
3.2.15 | Long | BOPT | ||
2.25.15 | Long | BOPT | ||
2.24.25 | Long | Close or manage | ||
2.23.15 | Long | BOPT over T-Line close on weakness | ||
2.17.15 | Long | BOPT | ||
2.13.15 | Long | BOPT | ||
2.12.15 | Long | BOPT | ||
2.4.15 | Long | BOPT over 50-sma | ||
2.3.15 | Long | BOPT | ||
1.22.15 | Long | BOPT above T-Line | ||
1.7.15 | Long | BOPT | ||
12.22.14 | Long | BOPT | ||
7-8-14 | Long | Wait for a direction |
VXX S&P 500 VIX Short Term Futures: A close below the T-Line ™ implies the bearish short-term swing traders are in control.
Energy Sector: XLE, SX90, ERX, USO A below the T-Line ™ implies the bearish short-term swing traders are in control.
TBT: A close below the T-Line ™ implies the bearish short-term swing traders are in control. This should change today, watch for a close over the T-Line.
US Dollar Index: UUP, DXYO A close below the T-Line ™ implies the bearish short-term swing traders are in control.
The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.
Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.
http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.
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