PBO T-Line Bullish Engulf

ZEN has drawn us a picture of a Pull Back Opportunity (PBO) to the T-Line with a Bullish Engulf. ZEN has been in a strong trend until June-July, then gapped. After the gad the consolidation started with mild selling around the T-Line to the 34-EMA, this is what we call the (PBO). Yester, the Bullish Engulf, is suggesting the buyers could be getting ready to challenge the recent high and run higher. I am bullish on the chart and buy bullish above $63.75 with a stop around $62.20

Trading Tip – Some days are about protecting profits, not making more profits.

Trading Tip – Daily, 2-3 and 5-day charts give important clues.

Trading Tip – Sell or trim profits off as price reaches important levels.

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

This link takes you to a project account that Rick started so members and students could see how it works Monthly Trading Results updated the first week of each month.

What is Rick is adding to his trade watchlist today? A 246% plus increase in 7 months can’t be all wrong.

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SPY • Struggling with 2018 High

Boring and uneventful day yesterday. The SPY is struggling with the 2018 highs and seems very stubbern when comes to letting the sellers in the house. Bottom line is price needs hold above the T-Line and breakout. If the sellers can close us below the T-Line this will set the stage for a test of the 34-EMA again.

T-Line • Traders Best Friend

Five-day T-Line Run, the question is will today make six?

****VXX – Closing below the T-Line is telling us the fear is not growing, the price action of the last three days is telling us the fear is trying to stir.

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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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

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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, Top Gun Futures 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.