Cup and Handle PBO Bullish Engulf

GLW has printed a beautiful Cup and Handle with a PBO Bullish Engulf. The handle, of Cup and Handle, has served as positive bullish consolidation with the last few days printing a bullish pop and drop followed by a Bullish Engulf; I call this a PBO (Pull Back Opportunity). If you want to see a work of art take a look at the weekly chart. I am bullish on GLW over $34.25 with a protective stop about $33.25. Don’t forget to subscribe to my YouTube Channel “See button above.”

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

August “Road To Wealth” trading statement posted here Monthly Trading Results

What’s on Rick’s watchlist today? New brokerage statement says 258% increase this year.

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SPY Over T-Line

The SPY closed yesterday with a Doji following a bullish Engulf; we call this two bar pattern a Doji Continuation Pattern. The bulls look as if they have reversed the recent profit-taking pullback. When following price action and Candlesticks it’s so easy to see the changes in a trend. Waiting for the trend reversal to confirm can increase your success probably much more than trying to get in early before the turn. Crazy thinking and most likely the opposite of what most traders think. Maybe this is one reason 90% of all traders fail.

****VXX – Back below the T-Line suggest no fear

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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.