BAS – Bullish T-Line Run PBO

(Basic Energy Service INC) $BAS Bullish T-Line Run PBO. BAS starterd it’s reversal with a Hammer on the daily chart or a Bullish Morning Start on the 2-day chart. The T-Line Run went to the 50-sma followed buy a PBO (Pull Back Opportunity) BAS is now a RBB stratagy with a Bullish Inverted Head and Shoulders and still a T-Line Run.

Learn more about Hit and Run Candlesticks, and today’s trade idea and plan plus the 10 or more members trade ideas, starting at 9:10 EST AM every morning. Every day we teach and trade using the T-Line, Candlesticks, Support and Resistance, Trends, chart patterns and continuation patterns.

Trade Updates

We sold DEPO yesterday for a 6.05 loss, and we are still holding IPI +23.56% and HIIQ 18.38% We have 3 more about to become double digit trades.

What would you do with 2-3 or even 4 double-digit trades every week? Education on how to manage a trade from start to finish is key to a swing traders profits.

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your trading education here at the Hit and Run Candlestick, Right Way Option, Strategic Swing Trade Service and Trader Vision.

$CAR was first presented to HRC members on June 1,

With a 3.92% move yesterday the total  now 42.55%. Another case of knowing how to manage a chart with Candlesticks, The T-Line, and Support and resistance.

Eyes On The Market

Over all the market is bullish, price leading the T-Line and support doing its job as of yesterday. 2 ETF’s that might help with the market overview is (VTI) Total Stock Market ETF and (VT) Total World ETF. IWM finally broke out.

What is a Trade Idea Watch-list?

A trade idea watchlist 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 15 days for example. From that watchlist, we wait until price action meets our conditions for a trade.

MEMBERS ONLY

Investing and Trading involve significant financial risk and are 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.