Swing Trade Ideas March 11, 2016

Rick’s Featured Trade Ideas

HF/Long (Real Estate Serviced) HF | Bullish flag J-Hook| T-Line™ Run | RBB setting up | 16% opportunity

Hit & Run Members and Trading room: 
EGO +20%
DYN +4% what this one today
PRTY 16%
The place serious traders hang out.

HF| Plan your trade & trade your plan | March 11, 2016
Possible entry plan idea:   Buy box $Member Only
Possible stop plan idea:   Close below $Member Only
Risk Reward 6:1 depending on entry/exit/stop

SPY Attitude:  (Price > T-Line™ > 34-ema Bullish Trend) 
6:25am The SPY is gapping up from a Doji flag challenging the recent high ($201.35) and possibly the 200-sma ($202.16).
The weekly chart on the SPY has two possibilities that I see:

  1. The Doji continuation pattern is successful and reaches the $204.50 area.
  2. Or we see weakness in the pattern and price slips to test the $196.45 area.

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