VCEL Saw Profit Taking Until….

After the breakout in March, VCEL saw profit taking until the buyers started buying back early April. A Bullish Morning Star was painted followed by a PBO Flag or a Pop Out OF The Box pattern. Yesterdays close yesterday the 5thday back above the T-Line, and now the T-Line has turned back up

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

Stochastics/RSI

My good friend and colleague Steve Risner will be sharing how he used Stochastic/RSI and a grouping of 3 moving averages to move his account from $51,642 to $55,807 in one month. Could knowing more about STOCHASTICS/RSI be good for you?

Recent Trades

GE 11% • ANF 56% • CREE 51% • FLO 3% • VXX 6% • CAT 39%  • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% • QQQ 28% • QQQ 179% • TWTR 180% • VXX 375% VIPS 118% • WTW 21.9% •

Event Calendar

SPY • Closed Over T-Line

The SPY had a great day yesterday but not great enough to close above $266.00, and $266.00 is what the buyers need capture before they can move on. Below $262.60 the risk becomes the 200-SMA. So here we stuck in the box yet another day, that’s 13 days now. Earning is about to be part of the mix. Hopefully, earnings will shake the box, and we can rattle enough to trade up or down. A close over $266.00 gets us a ride to the 50-SMA, and a close below the 200-SMA gets us a ride to the February low.

The VXX chart is still bullish and should not be taken lightly; price action is currently in a rest mode just waiting to strike if it’s allowed to.

Rick’s Trade-Ideas Reserved for Members

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

Focus Trading Education

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, Fibonacci, Stoch/RSI

To learn more about our trading tools join us in the trading room or consider Private Coaching.

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.

*************************************************************************************