Price Action Above $2.40
Price action above $2.40 moves AVEO from a bullish constructed bottom to a possible 15%-20% relief rally. AVEO has entered the (RBB) Rounded Bottom Breakout area and the price action and volume Friday suggest the buyers are taking a look. If the market and conditions are right, we may take a trade with price action over $2.40 with the target direction toward the Dotted Deuce and the 200-SMA. Do you have more questions? Want to know how we have grown 240% in 6 months? Join us in the trading room, ask and we will share.
AVEO Trade Plan Right Here
HRC Monthly Trading Results Right Here
HRC Current Trading Results January 1, 2018, to June 19, 2018, • Plus 240% or $12,085 profit.
Monthly • Quarterly • Semi-Annual • Annual
SPY Test The 50-SMA?
The SPY is starting to look as if it wants to test the 50-SMA. The past eight trading candles have influenced by the sellers more than the buyers, and with the futures being down nearly 200 points this morning I suspect today will be day nine. Friday close at $274.74 and this morning’s pre-market futures are still within the May support level. Looking at the SPY weekly chart, you can see the four-bar support area. If the buyers don’t take advantage of the 50-SMA (Daily Chart), the sellers may have an opportunity to put a game together.
VXX – Overall I do not see the panic fear in the VXX chart, but I am starting to see the interest. Over $38.25 the VXX chart would be pretty darn hot
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Focus Trading Education
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
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Testimonial
This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick
Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly
Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. or Rick Saddler is to be considered 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.
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