Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
SCTY | RBB |Inside PBO | Bullish Harami | T-Line™ Trend Bullish
SPY: T-Line™ 34ema bullish trend | Market is very overbought
SPY resistance — $217.01; support — $215.31.
Yesterday, the Bulls were not able to pass through the recent bearish engulf nor was the recent bearish engulf able to push the Bulls down. The battle will continue to unveil a winner, and when the winner is chosen then the battle will be to confirm success.
Overall, the Bulls continue to control this trend, and even a minor pullback would be a bullish pullback. Here at Hit-And-Run Candlesticks and Right Way Options, we continue to post bullish trades with positive results. Here are a few of yesterday’s results: APPS 12.28% | TDOC 9.10% | IMMR 8.13%
We continue to search out long and short trades for our subscribers, and we focus on strong chart patterns, price action (candlesticks signals), support and trade resistance, trade planning and common sense.
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
IWM: T-Line™ 2-hour chart |Bulls in charge | Very overbought
SMH: T-Line™ 2-hour chart |Bulls in charge | Very overbought
IYT: T-Line™ 2-hour chart |Bulls in charge | Very overbought
VT: T-Line™ 2-hour chart |Bulls in charge | Very overbought
XME: T-Line™ 2-hour chart | Bulls in charge | Very overbought
USO: T-Line™ 2-hour chart |Remains on the dark side
UUP: T-Line™ 2-hour chart |Bulls in charge |Trending
VIX: T-Line™ 2-hour chart |Remains on the dark side | Over Sold
TNX-x: T-Line™ 4-hour chart |Bullish T-Line™ run | bottom construction?
Each day a trade idea list is 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!
Members Only
Keep your eye on the inverse ETF’s They trade well!
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.
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.
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