FEYE and Yesterday’s Bullish Harami

FEYE and Yesterday’s Bullish Harami are signs that the buyers are still interested in buying. Friday the sellers had the candle control until they ran into support. On the daily chart, FEYE has formed a clean little cup off the 50-SMA with bullish reversal candles. With a bullish breakout above $19.05 keep your eyes on the weekly 200-SMA. We will cover more details in the HRC trading room. We are currently long FEYE

STOCHASTICS-RSI For a Sharper EDGE Workshop

Stochastics -RSI has been widely used by many but none with the accuracy and consistency of my good friend and colleague Steve Risner. Steve will be sharing how he uses Stochastic/RSI and a grouping of 3 moving averages to trade for a living. Steve will proudly show you one of his accounts that he increased from $51,642 to $55,807 in one month. Would learning more about STOCHASTICS/RSI be good for you?

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

ADM 41% • IWM 13% • SHLD 57% • FOSL 11% • IWM 49% • CVEO 29% • 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% •

SPY • Earning Season is Here

The SPY has been working bullish magic since the Bullish Engulf on 4/4/18, at some point we all know that the run needs a rest. Why not at resistance and after a hard run to close above the 50-SMA? The last four bars have been resting and testing the ‘W’ pattern breakout. A close over the 4/18 high would put the buyers in a position to break through the downtrend line. Note T-Line is still supporting the weekly price. Please be aware of earnings, don’t over trade and trade calm.

VXX in above the 200-SMA but below the T-Line. Price is trying to construct a bottom but nothing interesting so far

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

Build the Education, Success Will Follow

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.

Testimonial

In the past eight months, I have been a fortunate member of Hit and Run Candlesticks Right Way Options. The education on a day-to-day basis is both informative and fun. The E-learning further cements the learning experience along with the educational archives and methodology. If you enjoy working with other members to solve mutual options strategies engagingly with a sense of purpose, then this membership can be yours.

Jerry Hefner

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.

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