Swing Trade Ideas February 26, 2016

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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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Swing Trade Ideas February 25, 2016

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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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