One of Today’s Swing Trade Ideas
AOI/Long (Consumer Defense) After successfully completing a 48% Rounded Bottom Breakout, AOI is presenting a two bar low with a Bullish Engulf and support. I see another possible 20% up toward the $2 area.
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MNKD up 81.2%% * VNDA up 29.87% * IMMU up 15.88 %
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Good Morning,
SPY: Yesterday’s bearish sandwich lead price to the 100 SMA closing at $208.48. The trend starting about 13 days ago is bearish. ***Price has dropped through the big three and leading the T-Line down. The wise trader will trade with the trend, and the trader that is determined to trade tothe long side will wait patiently for the market to give the bullish sign. We have seen very profitable short plays come out of the trading room. Our members know where the power is.
IWM: IWM is desperately trying to hang on to whatever bullishness it has. Price is still closing over the big three and above the T-Line, just not very convincingly.
There are several indices or leading ETF’s that any one trader might call the backbone of the market. I believe two of them are the transports (IYT) and the semiconductors (SMH), and they are currently being driven by the sellers.
This Week’s Economic Calendar—> Click Here
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 Click Here
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.
| Members only | Date | Long/Short | Try our Membership, Check out the Trading Room | |
| 6.9.15 | Long | BOPT above T-line | ||
| 6.8.15 | Short | Short on weakness | ||
| 6.4.15 | Short | Short on weakness | ||
| 6.3.15 | Long | Target hit | ||
| 6.2.15 | Long | Watch for pbo | ||
| 6.1.15 | Long | Watch for pbo | ||
| 5.30.15 | Long | BOPT above T-line | ||
| 5.29.15 | Long | Target hit!/BOPT | ||
| 5-28.15 | Long | BOPT above T-line | ||
| 5.21.15 | Long | BOPT above T-line | ||
| 5.20.15 | Long | BOPT above T-line | ||
| 5.19.15 | Long | BOPT above T-line / Caution | ||
| 5.13.15 | Long | BOPT above T-line | ||
| 5.6.15 | Long | BOPT above T-line | ||
| 4.28.15 | Long | BOPT above T-line | ||
| 4.22.15 | Long | BOPT above T-line | ||
| 6.3.15 | Long | BOPT above T-line | ||
| 4.13.15 | Long | Profit taking coming | ||
| 6.3.15 | Long | BOPT above T-line | ||
| 3.30.15 | Long | close | ||
| 6.3.15 | Long | BOPT above T-line | ||
| 3.6.15 | Long | close | ||
| 7-8-14 | Long | Sellers are in control |
VXX S&P 500 VIX Short Term Futures: A close above the T-Line ™ implies the bullish 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.
SMH: A close below the T-Line ™ implies the bearish short-term swing traders are in control.
IYT: 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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