AAOI Up 31%

The AAOI trade has worked well, currently, up 31%, I will close it later today because of earnings tonight, and it’s hitting one of our major sell indicators in a Rounded Bottom Breakout chart pattern. Our GE trade is looking better, The bottom construction as paid off for the chart so far. Still, a few bumps to get over before it pays the big bucks. We bought some GPRO this morning with a 15.5% profit so far. GPRO may have its eye on the 200-SMA

The SPY still challenged by the 50-SMA on the daily chart. Price continues to trade in a narrowing range (looking at a daily chart for the past three-plus months).

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Testimonial

I have been a member of HRC for five years, RWO for three years. I applaud the efforts of all coaches Rick, Doug, Ed and Steve (also fellow members) in helping me become a better trader than I was starting out and I am still learning. Doug reinforces the “Price is King” mantra every day since we traders tend to forget it in the midst of finding the next ‘sure thing’ indicator. Rick, will make us sometimes answer our questions to foster the thinking and quicken the learning process. Over the years, I have been in many trading rooms. I am here to stay. This room and its members are the best. Period!

Fred Narielvala

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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