Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
LC Long | RBB, Bull “W”, Bull Engulf, Weekly Rising Method
Double click the trade plan to enlarge
Good Morning, Profit Traders,
It looks as if the futures are suggesting an open above $212.31 (current support line) and below $215.55 (current resistance line). From the recent top and the June 27 low, the SPY is between the 23.6% and the 38.2% fib lines. From the February low, we are not even to the 23.6% Fib line. The T-Line™ has crossed below the 34-ema (bearish) and the visible candle patterns are all bearish.
How does all this fit in your trading plan?
Something to Think About – Support and Resistance are useless unless price approves it.
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
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
LC Long | RBB, Bull “W”, Bull Engulf, Weekly Rising Method
Double click the trade plan to enlarge
Good Morning, Profit Traders,
It looks as if the futures are suggesting an open above $212.31 (current support line) and below $215.55 (current resistance line). From the recent top and the June 27 low, the SPY is between the 23.6% and the 38.2% fib lines. From the February low, we are not even to the 23.6% Fib line. The T-Line™ has crossed below the 34-ema (bearish) and the visible candle patterns are all bearish.
How does all this fit in your trading plan?
Something to Think About – Support and Resistance are useless unless price approves it.
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
CRMD
CVI
LC
SALT
ALJ
CARA
PRGO
CLMT
BCEI
UVXY
BZQ
ERY
EDZ
TZA
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
Z Short| Doji continuation pattern
Double click the trade plan to enlarge
Good Morning, Profit Traders,
BULLISH PIERCING CANDLE…Yeah, let’s get BULLISH! ……Hold on, Hold on, Hold on.
Yes, yesterday painted a bullish piercing candle on top of Friday’s gap down, Island reversal, monster decisive bearish candle. Candlesticks require confirmation! Also, the bearishness has come from planning and building — two Evening Stars, a double top, and the Island Reversal. One candlestick candle is not a game changer. Step back and take a look at the chart, (not the hard right edge candle). What does it look like to you?
Yesterday’s members’ closing market comments.
The SPY would have to be over $215.55 and stay over $215.55 to have a bullish chance. Below $215.55 keeps the bear in a powerful position.
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
Reserved for 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
Z Short| Doji continuation pattern
Double click the trade plan to enlarge
Good Morning, Profit Traders,
BULLISH PIERCING CANDLE…Yeah, let’s get BULLISH! ……Hold on, Hold on, Hold on.
Yes, yesterday painted a bullish piercing candle on top of Friday’s gap down, Island reversal, monster decisive bearish candle. Candlesticks require confirmation! Also, the bearishness has come from planning and building — two Evening Stars, a double top, and the Island Reversal. One candlestick candle is not a game changer. Step back and take a look at the chart, (not the hard right edge candle). What does it look like to you?
Yesterday’s members’ closing market comments.
The SPY would have to be over $215.55 and stay over $215.55 to have a bullish chance. Below $215.55 keeps the bear in a powerful position.
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
LC
PMTS
PRGO
HALO
NIHD
CSTE
——-Short
NFX
EEM
Z
IRM
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
EEM | 3-day Evening Star | 3-day Red Ice Fail
Double click the trade plan to enlarge
Good Morning, Profit Traders,
Price closing Friday below the 34-ema and the T-Line™ will likely do the same today, putting the sellers in complete control. Price has broken through all of our possible support lines. Now the$210.25 support line is ready to be tested and likely broken over the next several days. One of our deuce lines sits at $208.45 and the big deuce sits at $205.65.
The stocks of the members’ trade idea list was TZA, SOXS and UVXY. If bought, you are rolling in money. Isn’t it fun to trade when you’re making money?
Watch for relief rallies…..
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
Reserved for Members Only
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
EEM | 3-day Evening Star | 3-day Red Ice Fail
Double click the trade plan to enlarge
Good Morning, Profit Traders,
Price closing Friday below the 34-ema and the T-Line™ will likely do the same today, putting the sellers in complete control. Price has broken through all of our possible support lines. Now the$210.25 support line is ready to be tested and likely broken over the next several days. One of our deuce lines sits at $208.45 and the big deuce sits at $205.65.
The stocks of the members’ trade idea list was TZA, SOXS and UVXY. If bought, you are rolling in money. Isn’t it fun to trade when you’re making money?
Watch for relief rallies…..
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
EEM
DOC
RAI
IRM
MXL
EEM
TTS
Z
HD
QID
TZA
UVXY
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
It’s Friday, let’s close a few positions and head to the Bank
No trade idea today
Good Morning, Profit Traders,
The T-Line™ is a powerful timing indicator!
The SPY bear is stirring and the 4-day chart is sporting a bearish engulf. Looking at the 4-day chart, you can clearly see a bearish engulf followed by weak Doji candles. The $207.07 support line could be tested for strength or weakness today. The 30-minute chart has already cracked; with weakness, the 60-minute, 2-hour and 4-hour will follow. If the $217.25 cracks, the short-term bear will want to eat a little.
Members of HRC and RWO have enjoyed sweet success the past few weeks, and we plan to do the same in the days ahead. Our plan will be to (if needed) have a few shorts ready and inverse ETFs.
A comment from a member yesterday:
(09:55 am) Neenie .:I am excited today as I am finally beginning to develop my own rules. Never thought I would see the day. In reality, it was all a blur when I started. Still not where I need to be, but working on it. What a difference this place has made for me. Thanks to all that help!
(09:56 am) John Velez:Only been here for a week and already agree with you Neenie
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
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
It’s Friday, let’s close a few positions and head to the Bank
No trade idea today
Good Morning, Profit Traders,
The T-Line™ is a powerful timing indicator!
The SPY bear is stirring and the 4-day chart is sporting a bearish engulf. Looking at the 4-day chart, you can clearly see a bearish engulf followed by weak Doji candles. The $207.07 support line could be tested for strength or weakness today. The 30-minute chart has already cracked; with weakness, the 60-minute, 2-hour and 4-hour will follow. If the $217.25 cracks, the short-term bear will want to eat a little.
Members of HRC and RWO have enjoyed sweet success the past few weeks, and we plan to do the same in the days ahead. Our plan will be to (if needed) have a few shorts ready and inverse ETFs.
A comment from a member yesterday:
(09:55 am) Neenie .:I am excited today as I am finally beginning to develop my own rules. Never thought I would see the day. In reality, it was all a blur when I started. Still not where I need to be, but working on it. What a difference this place has made for me. Thanks to all that help!
(09:56 am) John Velez:Only been here for a week and already agree with you Neenie
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
CLVS
CLMT
TOO
REI
PETX
SYNA
CFMS
UVXY
SOXS
TZA
——Short
IRM
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
