Rick’s Featured Trade Ideas
SPXC/Long (Industrials) SPXC | Has formed a fry pan bottom | RBB Rounded Bottom Breakout | Bullish Kicker | By following our profiting swing trade rules. We all have the opportunity to make 15-40% at least over the next few weeks.
Hit & Run Members and Trading room:
jerry g: DDD up 37%, bot weekly puts to protect with earnings on Monday instead of stop.
J-rod .: Hey, thanks for the heads up on Macy’s a couple days ago. Calls doing well.
Ed E.: up $600 on MBLY, on 300 shares.
The place serious traders hang out.
SPXC | Plan your trade & trade your plan | February 29, 2016
Possible entry plan idea: Buy box $10.00- $11.16
Possible stop plan idea: Stop below $10.00
Risk Reward 6:1 depending on entry/exit/stop
SPY Attitude: (T-Line™ > 34-ema Bullish Trend)
Friday’s almost dark cloud cover candle suggested that we would see a lower low today below $194.90 with a possible test of the T-Line™. Today I will be using the T-Line™ as my lower trend line, and a close below the T-Line™ would suggest that the sellers are starting to take control, which would mean $191.00 could be targeted. If the Bulls fail to
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Rick’s Featured Trade Ideas
STRP/Long (Software) STRP Originally on the members trade idealist January 20, with about 70% in our members pockets | I think it’s ready for the next leg | Bullish T-Line™ run | flag consolidation | Dragonfly Doji followed by a Bullish Engulf yesterday | 45% profit target.
Hit & Run Members and Trading room:
Doug Campbell: out of DNKN
David H: out SPLK +1200
Doug Campbell: Taking my profits on DECK as well
Olivia h: out NFLX +$1.20
Stockerchick .: out UTX swing +4.11
gene w: TROX out half 16%
The place serious traders hang out.
STRP | Plan your trade & trade your plan | February 26, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $Members Only
Risk Reward 7:1 depending on entry/exit/stop
SPY Attitude: (T-Line™ > 34-ema Bullish Trend)
Not only did the Bulls break us out of the bullish “W” Center Point, price action was also strong enough to pull the T-Line™ up over the 34-EMA and based on our trading rules we have now gone from a relief rally to a Bullish chart. At least up to the next resistance area which starts at the $200 mark.
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Rick’s Featured Trade Ideas
MBLY/Long (Software) MBLY | Inverted Head & Shoulder | 7 day T-Line™ Run | Bullish Belt Hold | With proper management of this trade, I see a 20%-plus profit. We offer the management education free with membership.
Hit & Run Members and Trading room:
TC-Rick took some profit in NUGT about 8% | Stockerchick out last 1/2 AMBA +.35 |
Neenie GM Rick and All…..I am in seventh heaven……sold Macys in pre-market….thanks to Petra and Tina Logan’s lesson, I made more money than I could have dreamed of….this is the best place to be!
The place serious traders hang out.
MBLY Plan your trade & trade your plan February 25, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $Members Only
Risk Reward 4:1 depending on entry/exit/stop
SPY Attitude: (T-Line™ < 34 down Bearish=Caution)
What a change one day can make. Yesterday the Bulls found a PBO low that ended up closing with a bullish piercing candle above the T-Line™ keeping our six day T-Line™ run intact. The bullish “W” pattern that the Bulls have been trying to form is underway. According to the current morning futures, there seems to be a fairly good possibility of success. However, the low of yesterday could be one of the most important lows we’ve seen the past month and a half
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