Swing Trade Ideas May 13, 2015

Today’s Swing Trade Ideas

TAHO/Long (Basic Materials)  TAHO is poised for a bullish J-Hook continuation pattern.  While still in the RBB pattern, TAHO has rallied and pulled back to the T-Line.  The hammer four days ago appears to be doing its job, and now the buyers are starting to come back in.

More on how to trade TAHO in the trading room today at 9:10 am EDT
Possible entry plan idea:  The buy box is from $13.53 to $14.24
Possible stop plan idea:  A close below the T-Line or 13.53

Trading room membership has its privileges:   BLUE up 15.7%, REXX up 10.66%, BAK up, TSLA up 7.9%, 7.43%, ATN up 5.97%, DGLY up 5.33%, SDRL up 5.13%
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Good Morning, 

SPY:  The 50 SMA supported price yesterday and price closed above the linear regression 60-day line, which happens to be virtually horizontal, just to demonstrate how sideways the market is moving.  As you can see from the stocks mentioned above, TSLA, BLUE, REX, BAK, DGLY ATEN, SDRL are stocks we have posted and traded in the trading room that are currently showing profits. Trading chart patterns or signals thatyou understand or make sense to you is one of the most important profitable roads you can take.

IWM:  IWM is currently the drag compared to other indices while it trades below the 50 SMA.  The current candle pattern of the past 12 days reveals that the sellers have the upper hand although the buyers have found a bit of support for about the last nine days.  The outcome has yet to reveal itself.

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
5.6.15 Long Long above T-Line
5.5.15 Long BOPT above T-line
5.4.15 Long BOPT
4.30.15 Long Close watch for pbo
4.28.15 Long BOPT above 50sma
4.27.15 Long Watch for the PBO
4.23.15 Long Watch for the PBO
4.22.15 Long In wedge BOPT
4.14.15 Long Watch for pbo
4.13.15 Short Short
4.10.15 Long BOPT above T-line
4.1.15 Long BOPT above T-line
3.30.15 Long T-Line run
3.26.15 Short Short on weakness
3.24.15 Long BOPT
3.19.15 Long BOPT above T-line
3.6.15 Long Manage your trade
2.17.15 Long Watch for pbo
2.13.15 Long Toppy manage your trade
1.22.15 Long BOPT above T-line
1.7.15 Long BOPT
12.22.14 Long BOPT above T-line
7-8-14 Long Starting to look short/BIF

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

TBT: A close above the  T-Line ™ implies the above short-term bullish swing traders are in control. At some point TBT in a bullish stance will put pressure on the bullish market.

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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