Trade Alert BMY 12-13-16 Posted at 10:14 AM EDT
I want to take a long term position on BMY using LEAP options. If this trade does not fit your style of trading then only trade it in a paper account.
Doug
I want to take a long term position on BMY using LEAP options. If this trade does not fit your style of trading then only trade it in a paper account.
Doug
HRC Member’s – Go to the members’ area for today’s stock picks Members Link
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
BMY Long | RBB | Morning Star | Doji Continuation
Double click the trade plan to enlarge.
This not a recommendation to buy. I am simply sharing a trade I am considering.
From a bull’s eye: There is just not much to say about the market (It’s still bullish) A lot of questions are being raised about the tomorrows FED announcement. Will rates be raised and how will it affect the market? Well…. It is my opinion that the rates do need to be raised and yes I believe it will affect the market in a small minor way, what you have to think about is small to me might not be small to you.
I keep telling everyone to follow and trade the charts, we have the perfect tools to do so, Candlestick signals, Chart Patterns, Support & Resistance, Trends and good old common sense and the T-Line™.
PROBLEM:
We have found many traders just need a little help to reach the next level of trading. The next level could be to increase profits or go from almost profitable to profitable.
SOLUTION:
Hit and Run Candlesticks offers private coaching
https://hitandruncandlesticks.com/coaching/
Stock Picks below
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
BMY Long | RBB | Morning Star | Doji Continuation
Double click the trade plan to enlarge.
This not a recommendation to buy. I am simply sharing a trade I am considering.
From a bull’s eye: There is just not much to say about the market (It’s still bullish) A lot of questions are being raised about the tomorrows FED announcement. Will rates be raised and how will it affect the market? Well…. It is my opinion that the rates do need to be raised and yes I believe it will affect the market in a small minor way, what you have to think about is small to me might not be small to you.
I keep telling everyone to follow and trade the charts, we have the perfect tools to do so, Candlestick signals, Chart Patterns, Support & Resistance, Trends and good old common sense and the T-Line™.
PROBLEM:
We have found many traders just need a little help to reach the next level of trading. The next level could be to increase profits or go from almost profitable to profitable.
SOLUTION:
Hit and Run Candlesticks offers private coaching
https://hitandruncandlesticks.com/coaching/
Stock Picks below
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
I closed the last part of CSX shortly after the open on 12-8-16 as I had recommended in in the trade alert on 12-8-16. Below are the final results of my trade. Keep in my your results may be slight different but the point is we all made a very nice profit on this position. Congrats.
Click Here to View the Final Trade Sheet
HRC Member’s – Go to the members’ area for today’s stock picks Members Link
No featured trade idea today – see the stock pick lists below
Good Morning, Profit Traders,
From a bull’s eye: Another day great day for the bulls and another great day for the Hit and Run Candlesticks / Right Way Options Team and members.
Yesterday’s doji’s close could be setting up for a bullish doji continuation run. The top wick that was produced gives me a little concern because the 30-min chart has dropped into the T-Line bands, the hour chart also showing signs of stress.
Also if you are in the room yesterday, did you see how UVXY kept showing itself on the scanner?
Problem:
We have found many traders just need a little help to reach the next level of trading. The next level could be to increase profits or go from almost profitable to profitable.
Solution:
Hit and Run Candlesticks offers private coaching
https://hitandruncandlesticks.com/coaching/
Stock Picks below – Read more
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
No featured trade idea today – see the stock pick lists below
Good Morning, Profit Traders,
From a bull’s eye: Another day great day for the bulls and another great day for the Hit and Run Candlesticks / Right Way Options Team and members.
Yesterday’s doji’s close could be setting up for a bullish doji continuation run. The top wick that was produced gives me a little concern because the 30-min chart has dropped into the T-Line bands, the hour chart also showing signs of stress.
Also if you are in the room yesterday, did you see how UVXY kept showing itself on the scanner?
Problem:
We have found many traders just need a little help to reach the next level of trading. The next level could be to increase profits or go from almost profitable to profitable.
Solution:
Hit and Run Candlesticks offers private coaching
https://hitandruncandlesticks.com/coaching/
Stock Picks below – Read more
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members