Double Digit Gainers – PLG was yesterday’s featured trade idea, up 18.97%
We have 5-15 double-digit trade ideas every month. A $4000 investment in PLG would have put $1288.00 or 31.82% in your pocket yesterday.
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One of Rick’s Featured Trade Ideas Today
Today’s featured trade idea and my personal trade plan
TROX Long
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From a bull’s eye:
The Buyers felt a little spunky yesterday in the face of IWM’s weakness, bounced right off the T-Line closing up .30 cents. The top 4 leaders in the S&P components were in the Technology and department stores sector.
The ETF – $GLD is getting a little stretched for the swing traders and it is at one of our consolidation markers. UUP managed to close over the T-Line, let see if it as follow through or not.
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Double Digit Gainers –
We have 5-15 double-digit trade ideas every month. A $4000 investment in PLG would have put $4.37 or 10.8% in your pocket yesterday.
One of Rick’s Featured Trade Ideas Today
Today’s featured trade idea and my personal trade plan
PLG Long
From a bull’s eye:
We are watching the SPY, IWM, DIA, QQQ’s like a hawk for signs of a bullish or bearish change. All 4 are walking a tightrope, with the buyers and sellers ready to attack at any time.
The SPY needs to defend $227.75 – IWM $133.65 – DIA $198.35 and the QQQ’s $125.00
The close yesterday left the bulls still in control but through the chart, you can see the that the bulls may be tiring. Don’t let the bear sneak up on you.
The ETF – $GLD held up well despite the bounce in the UUP chart. UUP even with its relief rally the trend is still controlled by the seller as of yet.
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Double Digit Gainers
We have 5-15 double-digit trade ideas every month. A $4000 investment in NUGT would have put $1926.40 in your pocket or 51.14% Friday.
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One of Rick’s Featured Trade Ideas Today
Today’s featured trade idea and my personal trade plan
SNMX Long
Conditions: Trending | 3-day Flag | 3-day J-Hook | Inverted H&S-Bullish
From a bull’s eye:
Using the T-Line as a trend direction indicator has proven to be one of the most important tools for a swing trader. As of yesterday’s close, the T-Line is telling us the bulls still control the trend.
Once you know what the trend is doing it becomes easy to swing trade price action.
The ETF – $GLD may see some weakness today and the Dollar $UUP may show a little strength today.
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