Rick’s Featured Trade Ideas
AMZN/Short (Specialty Retail) AMZN has had a terrific run and now looks like it needs a little pullback of possibly 10% or more. The candlestick pattern on the daily chart is a bearish island reversal with a small wick crossover. The candlestick pattern on the 2 day chart is a bearish Shooting Star.
Education builds confidence for success!
We go over all Trade Ideas (entry, stop, targets) in the trading room starting at 9:10 AM EDT today.
AMZN/ Profits through education Nov 16
Possible entry plan idea: Sell box $Members Only
Possible stop plan idea: Close above $
Risk Reward 5:1 depending on entry/exit/stop
Hit& Run Candlesticks teaches you success
Member’s trade idea September 29, (FTNT) short working 22.5%%
Member’s trade idea October 21, (TASR) Short working 21%
Member’s trade idea October 20, (INSM) long working 58%
Hit & Run Candlesticks/Right Way Options Membership
Starts Here – Click Here
Continue Reading
Also known by the Japanese word sanku, the Three Gaps candlestick pattern contains (surprise, surprise!) three distinct gaps. Although there are two different versions of the signal (one bearish, one bullish), today we’re focusing on the Three Gaps Up pattern, which looks like a small staircase with gaps between some of the gangly stairs. This strong, defined upward trend may indicate that a reversal is on the way. Although the Three Gaps Up pattern isn’t a tremendously popular signal, its simple message should not be overlooked. To better understand its arrangement and significance, simply scroll down.
Continue Reading
Rick’s Featured Trade Ideas
We have 13 members trade ideas but no featured trade idea today.
Education builds confidence for success!
We go over all Trade Ideas (entry, stop, targets) in the trading room starting at 9:10 AM EDT today.
Hit& Run Candlesticks teaches you success
Member’s trade idea September 2, (AMBA) short working 41%%
Member’s trade idea September 11, (ADPT) Short working 41%
Member’s trade idea September 15, (INSM) short working 34%
Hit & Run Candlesticks/Right Way Options Membership
Starts Here – Click Here
Continue Reading
Rick’s Featured Trade Ideas
CSTE/Long (Basic materials) CSTE has posted higher lows and higher highs coming off the bottom with a Rounded Bottom Breakout and an explosion candle off a double bottom. The past week we’ve seen minor profit taking and resting on the T-Line with the Doji at the close of yesterday.
Education builds confidence for success!
We go over all Trade Ideas (entry, stop, targets) in the trading room starting at 9:10 AM EDT today.
CSTE/ Profits through education Nov 12
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Close below $
Risk Reward 9:1 depending on entry/exit/stop
Hit& Run Candlesticks teaches you success
Member’s trade idea October 8, (VTL) currently up 83%
Member’s trade idea August 13, (WTW) currently up 207%
Member’s trade idea October 27, (MEET) currently up 18%
Hit & Run Candlesticks/Right Way Options Membership
Starts Here – Click Here
Continue Reading