Trade Ideas April 20, 2015

Today’s Swing Trade Ideas

DDD/Long (Technology)  3-D systems continues to strengthen coming off the bottom, and the rounded bottom breakout is coming from a double bottom and bullish “W” pattern.

More on how to trade DDD in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $30.06 to $31.77
Possible stop plan idea:  A close below $30.06 or the T-Line

Updates:
Friday “Open Mic”  was a huge success.  Looking for volunteers for this coming Friday.

Profit Scanner Users & Trial Users
Monday, April 20, 2015 Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here

Good Morning, 

SPY:  It looks as if the buyers are going to try to regain their losses Friday, and the sellers will try to hold on to their strength.  Both will be fighting for the 50-day simplemoving average which is currently sitting at $208.55.  Going into this week and looking at the SPY chart, we still have three lower highs, and the 20-simple moving average is below the 50-simple moving average, which is good for the sellers and bad for the buyers.

IWM:  IWM lost ground Friday by closing below the 20-simple moving average for the first time in the last 13 trading days.  The biggest question here is will the buyers be able to regain price above the 20.  The double top and gap down on large volume is a little concerning.  I suspect overall by the end of the week, IWM could be testing the 50-simple moving average.

This Week’s Economic Calendar—> Click Here

 

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
Members 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.

Symbols formembers only % Date  Long/Short Try our Membership, Check out the Trading Room
4.15.15 Long BOPT/Manage trade bullish
4.14.15 Long BOPT/Manage trade bullish
4.13.15 Long Needs to be above the 50sma
4.10.15 Long BOPT/Manage trade bullish
4.6.15 Long Wait for buy signal
4.1.15 Long BOPT/Manage trade bullish
3.30.15 Long Caution! Turning to a short
3.26.15 Short Short on weakness
3.25.15 Long Needs a breather
3.24.15 Long BOPT/Manage trade bullish
3.19.15 Long Caution, needs a buy signal
3.18.15 Long Caution
3.13.15 Long BOPT/Manage trade bullish
3.6.15 Long BOPT/Manage trade bullish
3.2.15 Long BOPT/Manage trade bullish
2.25.15 Long BOPT/Manage trade bullish
2.24.25 Long BOPT/Manage trade bullish
2.23.15 Long BOPT/Manage trade bullish
2.17.15 Long BOPT/Manage trade bullish
2.13.15 Long BOPT protect profits. Bingo!
2.12.15 Long BOPT/Manage trade bullish
2.3.15 Long BOPT/Manage trade bullish
1.22.15 Long BOPT/Manage trade bullish
1.7.15 Long BOPT/Manage trade bullish
12.22.14 Long BOPT/Manage trade bullish
7-8-14 Long Caution if you are long

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 above the T-Line ™  implies the bullish short-term swing traders are in control.

TBT: A close below the  T-Line ™ implies the above short-term bearish swing traders are in control.

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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