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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Rick’s Featured Trade Ideas
MCD/Short (Restaurants) MCD is forming a H&S pattern | BIF pattern | “h” Pattern | Kicked off by an Evening Star pattern | Could Ronald McDonald be cooking up a short menu?
Hit & Run Members and Trading room:
EYES 28% | SXC 66% | FOSL 33%
The place serious traders hang out.
MCD Plan your trade & trade your plan February 24, 2016
Possible entry plan idea: Sell box $Members Only
Possible stop plan idea: Cover above $Members Only
Risk Reward 12:1 depending on entry/exit/stop
SPY Attitude: (T-Line™< 34 down Bearish) Yesterday’s Candlestick Morning Star Signal (not perfect) may be suggesting that the Bulls have run out of steam, at least for the time being. Yesterday’s price action suggests strongly that we see a lower low today and a possible target over the next day or two near
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