RBB Pattern Presents a Pull Back Opportunity (PBO)

RBB Presents a Pull Back Opportunity (PBO)

The AKRX chart is an RBB pattern that has presented us with a pullback opportunity (PBO) that is about 30% from the full swing target zone. With the J-Hook continuation pattern forming, over $18.25 we see a high probability of the minor target zones tagged followed by the full swing target with normal profit taking along the way.

For more details on the AKRX trade, please click the following link. Get the complete details including Fibonacci details TV2020 trade plan right here

Past performance is not indicative of future returns

Good Trading, Rick and Trading Team

 

HRC Monthly Trading Results Right Here  Each, and every day we not only share trade ideas we also share how we plan to trade them.

HRC and RWO Membership PricingPrivate 2-Hour Coaching

SPY And Profit Taking

The SPY saw a little profit taking Friday on an Evering Star Type candle. Friday was the first day fifteen days that produced a red V-Stop Dot. Price did hold the T-Line, so the big question today is will there follow through below Friday’s close? The futures are not looking very strong at 7:30 Am this morning so we could see a lower low. The hourly Dotted Duece is at $278.60

****VXX – Ok so the VXX close over the T-Line Friday and painted a Bullish Engulf, over $32.20 would suggest the grim reaper is lurking.

Members Login for what Rick is adding to his trade watch list Right Here

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

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

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020 or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Comments are closed.