A Bearish Shooting Star Close – Below 238.40 Watch the Bear
In my morning traders notes April 26, “I wrote Below $238.40 today could be the profit taking trigger”. A Bearish Shooting Star Close – Below 238.40 Watch the Bear. Yesterday’s close painted a Bearish Shooting Star, which closed at $238.40. I am looking at an active 2-hour chart and see Tweezer Top; a Tweezer Top is suggesting the Buyers are weakening. Let’s keep our eye on price and how it reacts with the T-Line and the $236.95 area.
Good Trading – Rick
FREE Trade Idea – FIT
FIT – The Bullish Engulf on April 17th confirmed a double bottom; the J-Hook pattern has now pushed FIT into our Rounded Bottom Breakout Strategy – We love this strategy.
Charts to Learn From – SPPI
SPPI – Following our post to the HRC subscribers on January 1, SPPI has rallied 67.30%. January 1st – to – January 1oth SPPI “Rounded Bottom Breakout Strategy Pattern.” January 11th to yesterday’s close was a continuation with multiple entry points.
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Members Swing Trade Ideas
We post to HRC members 10-15 swing trade ideas each day and post them in the member’s area of the website.
10-15 trade ideas below – for members only
What is a Trade Idea Watch List?
A trade idea watch list is a list of stocks that we feel will move in our desired direction over a swing trader’s time frame. That time could be one to 30 days for example.
From that watchlist, we wait until price action meets our conditions for a trade.
Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service
Campbell or this website is not financial or trading advice. All information is intended for Educational Purposes Only.
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