Rick’s Featured Trade Ideas

CARA/Long (Healthcare) RBB  | T-Line™ Run | Support |  Doji/Bullish Engulf | Morning Star family
Learn more in the members area

CARA| Plan your trade & trade your plan | April 13, 2016
Possible entry plan idea:   Buy box $6.85- $7.35
Possible stop plan idea:   Close below $6.44
Risk Reward 4:1 depending on entry/exit/stop

SPY:  2-ema vs T-Line™ Short term bulls in control
7:00 am:  The Bulls were able to close back over the T-Line yesterday and above the $204.00 support line.  A look at the morning futures suggests the Bulls will try and could possibly succeed breaking out of the sideways chop that we’ve been in the past couple weeks.  A successful close over $207.20 would certainly put the Bulls in striking distance of $210.00+. Keep a sharp eye out; the bear is still walking around in the woods.

IWM:  Daily chart | Reversed with a Bullish Engulf | possible J-Hook continuation pattern
SMH:  Daily chart |A Hammer on support, needs follow through
IYT:  Daily chart | Needs to be above $141.27
S&P VIX Short-Term Futures VXX:  Daily chart | A test of the low coming
USO Unites States Oil Fund:  Daily chart | Bulls in good control for now

Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (or more) within the next few days.  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
PSG
BPT
CARA
EXAS
ALXN
RARE
NVRO
BANC
FOX
AEZS
VSLR
RTRX
FLXN
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.
To see all of today’s trade ideas Click Here

2-sma > T-Line™ = Minor trend up
T-Line™ > 34-ema = Intermediate trend up
2-sma < T-Line™  = Minor trend down
T-Line™ < 34-ema = Intermediate trend down

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.