Rick’s Featured Trade Ideas
SEDG/Long (Solar) SEDG has produced a 15-day T-Line™ run then flagged with a nice breakout yesterday. I am looking for an 18% swing trade.
SEDG/ Profits through education Dec 31
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Close below: Members Only
Risk Reward 5:1 depending on entry/exit/stop
100 Long shares of LITE would have netted you $222.00
Member’s trade idea December 30, (WTW) Long working 9%
Member’s trade idea December 14, (LITE Long working 10.91%
Member’s trade idea December 16, (HPY) Long working $1024
Receive your password / login instructions within minutes, and join us in the trading room starting today. Read More
SPY: Although the SPY closed over the T-Line yesterday, price definitely struggled to break out over the bearish downtrend line. As we started 2015 almost one year ago, I’m sure every trader was thinking how price was going to leave 2015, 2015 would give us new highs and the Bulls would control the market. Well, here we are the end of the year, and the Bulls are trying desperately just to close over the 2014 close. What does this tell us? Well, since we are swing traders and trade from overnight to maybe 15 days, it really shouldn’t tell us a whole lot because here at Hit-And-Run Candlesticks, we follow the charts and we don’t predict. We use candlesticks and trend lines, chart patterns and price action. This is why we are so successful. We don’t try to predict what 2016 is going to be; we simply trade the chart. Our job is not to pick the bottom or pick the top; our job is to pull the sweet money out of the middle.
For everyone that traded with us this year, thank you. If you have a friend and would like to give them a gift, reach out and tell them about us.
IWM: The buyers need to work their way above the 50-day simple moving average.
SMH: A bearish engulf at the 50-day simple moving average closing below the T-Line on large volume is never a good thing.
IYT: Could IYT be setting up for another bearish “h” pattern?
S&P VIX Short-Term Futures VXX: Not much fear in the market.
USO Unites States Oil Fund: Still controlled 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. Please follow your trading rules for entry stops and profits. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Symbols from TC2000
To see all of today’s 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 | Bias | Try our Membership, Check out the Trading Room | |
12.30.15 | Bullish | |||
12-23.15 | Bullish | Flagging | ||
12.18.15 | Neutral | Short on weakness | ||
12.15.15 | Bullish | Flagging needs pbo | ||
12.15.15 | Bullish | Wait for buy signal | ||
12.10.15 | Bullish | BOPT flagging | ||
11.10.15 | Bullish | BOPT put stops in place | ||
10.8.15 | Bullish | BOPT | ||
10.6.15 | Bullish | 68% time to take profits! | ||
No trade | Buy over T-Line™ | |||
Bearish pattern | ||||
Bullish | Needs to hold the T-Line™ | |||
Weak | Careful if your long | |||
Neutral | ||||
Bullish | Bullish over T-Line™ | |||
Bullish | Buy over 683.40 |
VXX S&P 500 VIX Short Term Futures: A close above the T-Line ™ implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.
Energy Sector: XLE, SX90, ERX, USO A close above the T-Line ™ implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.
SMH: A close above the T-Line ™ implies the above short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.
IYT: A close above the T-Line ™ implies the above short-term bullish swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.
US Dollar Index: UUP, DXYO A close above the T-Line ™ implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control. Learn more about the T-Line – Click Here
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.
Comments are closed.