The LMT trade looks really good breaking the support and I’m hoping it goes a bunch lower… However, with the big news out in the morning, I want to move the stop nice and tight to try and protect the +50% gains we have in the trade right now. Please keep in mind if the stock gaps up the stop will not protect us in the way would hope, so if you are happy with the current gains, then take the trade off before the close.
Doug
Below is the link to download a PDF containing the Members Trending Watchlist that was created 10-6-16.
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
GLTS Long | Trending | Rectangle | Breakout
Double click the trade plan to enlarge. This not a recommendation to buy. I am simply sharing a trade I am considering.
Good Morning, Profit Traders,
T-Line™ below the 34-ema (SPY) — Not much has changed in the overall market, the SPY and the DIA’s remain under bear pressure while IWM and the QQQ’s are trading above their 34-ema and the T-Line™ is above their 34-ema. The financial sector was up yesterday but the SPY was not, interesting because the SPY hold a fair amount of financials. Energy gapped and help the 20-sma, while real estate has been taking a swan dive off a cliff.
As of the close yesterday and the open today I see no bullish evidence in the SPY.
Yesterday HRC members enjoyed more profits in members’ trade Ideas!
CPRX (Long) moved another 30.36% for a total of +41.75%
CRMD (Long) moved another 15.66% for a total of +88.95%
CARA (long) popped another 11.91% for a total of 66.90%
BRS (long) climbed another 10.79% for a total of 17.24%
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
GLTS Long | Trending | Rectangle | Breakout
Double click the trade plan to enlarge. This not a recommendation to buy. I am simply sharing a trade I am considering.
Good Morning, Profit Traders,
T-Line™ below the 34-ema (SPY) — Not much has changed in the overall market, the SPY and the DIA’s remain under bear pressure while IWM and the QQQ’s are trading above their 34-ema and the T-Line™ is above their 34-ema. The financial sector was up yesterday but the SPY was not, interesting because the SPY hold a fair amount of financials. Energy gapped and help the 20-sma, while real estate has been taking a swan dive off a cliff.
As of the close yesterday and the open today I see no bullish evidence in the SPY.
Yesterday HRC members enjoyed more profits in members’ trade Ideas!
CPRX (Long) moved another 30.36% for a total of +41.75%
CRMD (Long) moved another 15.66% for a total of +88.95%
CARA (long) popped another 11.91% for a total of 66.90%
BRS (long) climbed another 10.79% for a total of 17.24%
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
SALT
VOYA
SHOR
INFN
PTEN
GLBL
GTLS
NCLH
——Short
PAYC
PFPT
ULTA
CSAL
WWW
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Out trade in LMT has been working very well for us, currently up over 47%. To protect profits let’s move the Stop down to $241 today to lock in some of those gains.
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
SPXS Long | (RBB) Rounded Bottom Breakout
Double click the trade plan to enlarge. This not a recommendation to buy. I am simply sharing a trade I am considering.
Good Morning, Profit Traders,
T-Line™ below the 34-ema (SPY) — The SPY closed down 1.10% and IWM closed down 0.61%. The SPY was overrun by the bears yesterday adding more selling pressure to an already pressured chart. One of the best tools I use is the T-Line™ (8-ema) and the 34-ema to determine the trend direction in a chart or index I am trading. Keep it simple. If the T-Line™ is below the 34-ema, sellers have control, and if the T-Line™ is above the 34-ema, buyers have control. When you add price action (candlesticks), support and resistance, you have a powerful set of trading tools.
Yesterday HRC members enjoyed more profits in members’ trade Ideas!
NEM (short) moved another 10% for a total of +14.22%
DXCM (short) dropped another 3.59% for a total of +6.69%
CRMD (long) popped another 11.7% for a total of 63.73%
WAC (long) climbed another 10.31% for a total of 13.23%
An RWO trade adjustments video was just sent. Taking about a 100% on BAX
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
SPXS Long | (RBB) Rounded Bottom Breakout
Double click the trade plan to enlarge. This not a recommendation to buy. I am simply sharing a trade I am considering.
Good Morning, Profit Traders,
T-Line™ below the 34-ema (SPY) — The SPY closed down 1.10% and IWM closed down 0.61%. The SPY was overrun by the bears yesterday adding more selling pressure to an already pressured chart. One of the best tools I use is the T-Line™ (8-ema) and the 34-ema to determine the trend direction in a chart or index I am trading. Keep it simple. If the T-Line™ is below the 34-ema, sellers have control, and if the T-Line™ is above the 34-ema, buyers have control. When you add price action (candlesticks), support and resistance, you have a powerful set of trading tools.
Yesterday HRC members enjoyed more profits in members’ trade Ideas!
NEM (short) moved another 10% for a total of +14.22%
DXCM (short) dropped another 3.59% for a total of +6.69%
CRMD (long) popped another 11.7% for a total of 63.73%
WAC (long) climbed another 10.31% for a total of 13.23%
An RWO trade adjustments video was just sent. Taking about a 100% on BAX
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
JDST
WAC
ETSY
WNR
SPXS
———-Short
PAYC
Z
INGR
TDG
WPZ
CSAL
TPC
LGIH
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
