Rick’s Featured Trade Ideas
P/Long (Broadcasting) In the P chart, a bullish flag consolidation is in the process, walking the T-Line but not before a bullish gap in late July that put Pandora back over the big three. After a bullish T-Line run in late July, early August, Pandora consolidated for a retest and has had a bullish T-Line run for the month of September. I feel higher highs are yet to come.
The Facebook short sure worked out for those that were able to take the trade.
Education builds confidence for success!
I will be covering more on the Featured Trade Idea (entry, stop, targets) in the trading room at 9:10 AM EDT today.
P/ Profits through education Sept. 30
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below
1st Risk Reward 7:1 depending on entry/exit/Stop
This is the place you ought to be!
*HRTX/short member’s trade idea on Sept. 28, up 30 %
AERI member’s trade idea on Sept 11, up 71%
*SUPN/short member’s trade idea on Sept. 10, up 27 %
AMBA/short member’s trade idea on Sept. 2, up 44 %
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For only $2.74 a day, learn and earn at the same time!
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SBUX/Short (Restaurants) In the SBUX chart, A bearish dark cloud cover was formed Friday with bearish confirmation yesterday closing below the big three. The dark cloud cover also comes on a failed high.
Yesterday’s featured trade ideas ADPT short, +10% trade if shorted in the box. FB short is working out. Remember not to chase a position, learning how to trade on your own can be so rewarding today, tomorrow and for your future.
Education builds confidence for success!
I will be covering more on the Featured Trade Idea (entry, stop, targets) in the trading room at 9:10 AM EDT today.
SBUX Profits through education Sept. 29
Possible entry plan idea: Short box $Members Only
Possible stop plan idea: Close above $
Risk Reward 5:1 depending on entry/exit/Stop
This is the place you ought to be!
*HRTX/short member’s trade idea on Sept. 28, up 23 %
AERI member’s trade idea on Sept 11, up 71%
AMBA/short member’s trade idea on Sept. 2, up 44 %
*RTRX/short member’s trade idea on Sept. 2, up 25 %
*INSM/short member’s trade idea on Sept. 1, up 25 %
For only $2.74 a day, learn and earn at the same time!
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Even if you haven’t seen Hitchcock’s The Birds, I wouldn’t be surprised if the sight of two black crows circling overhead alarmed you. Crows are an omen, some believe—a portent of evil. Both in everyday life and in the world of Japanese candlesticks, they foreshadow bad news on the horizon. We’ve already discussed Three Black Crows, but even two crows can have a big impact. Enter the Upside Gap Two Crows candlestick pattern. A bearish reversal pattern, the Upside Gap Two Crows builds over three days and signals the start of a downtrend. Without feathers or beaks, how will you spot this pattern and understand its implications? Let’s find out . . .
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Rick’s Featured Trade Ideas
ADPT/Short (Healthcare) As you can see in the ADPT chart, the September high failed the August high with two shooting stars followed by a gap down and confirmation. Friday’s candle is a visual picture of the sellers taking control on large volume.
Education builds confidence for success!
I will be covering more on the Featured Trade Idea (entry, stop, targets) in the trading room at 9:10 AM EDT today.
ADPT Profits through education Sept. 28
Possible entry plan idea: Short box $Members Only
Possible stop plan idea: above $
Risk Reward ?:1 depending on entry/exit/Stop
Friday’s Trade Idea FB should be closed if it does not close above 92.65
I flipped FB from a long to a short Friday.
This is the place you ought to be!
AERI member’s trade idea on Sept 11, up 71%
AMBA/short member’s trade idea on Sept. 2, up 44 %
RTRX/short member’s trade idea on Sept. 2, up 18 %
For more Click Here
For only $2.74 a day, learn and earn at the same time!
To see more Click Here
Continue Reading