Today’s Swing Trade Ideas
LOCO/Long (Restaurants) LOCO was originally featured on January 7. As of yesterday, LOCO is up about 25%. Long-term holders or short-term swing traders have had a good run. It now looks as if LOCO may be ready to step in to the $30 area. Please note that LOCO has been traded and monitored as a Rounded Bottom Breakout without the 200-SMA.
More on how to trade LOCO in the trading room today at 9:10 am EDT
Possible entry plan idea: The buy box is from $27.61 to $29.00
Possible stop plan idea: A close below the T-Line or $27.61
Trading room membership has its privileges: Closed TSLA for 7.1% profit; closed DGLY for 6.75% profit ahead of earnings, and closed VGGL for a 38.22% profit; JNUG with 11.5%; RIG broke through a target for 9.3%
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Good Morning,
SPY: No big changes yesterday, just another day moving sideways in the same old trading range. The SPY did close slightly below the T-Line and the 20-SMA, and because price is still above the 50% line of the trading range for the past 2 1/2 months, I’ll give the price to the Bulls. I am a bit concerned about the transportation index ETF IYT as price is still below the 50% line of the highs and lows over the last 2 1/2 months, and the 21-day linear regression line continues to point South.
IWM: There wasn’t much of a change with IWM yesterday, and the two biggest points of interest, I find, is that price is just slightly below the 50% line of the highs and the lows over the last several weeks. Also, the 21-day linear regression line has a downward slope.
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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!
*Members Trade Ideas
*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 | |
| 5.13.15 | Long | BOPT above T-line | ||
| 5.6.15 | Long | Long above T-Line | ||
| 5.5.15 | Long | Just not ready yet | ||
| 5.4.15 | Long | We closed yesterday before earnings | ||
| 4.30.15 | Long | watch for pbo | ||
| 4.28.15 | Long | Long above T-Line | ||
| 4.27.15 | Long | Watch for the PBO | ||
| 4.23.15 | Long | Watch for the PBO | ||
| 4.14.15 | Long | Watch for pbo | ||
| 4.13.15 | Long | BOPT | ||
| 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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