Rick’s Featured Trade Ideas
MU/Long (Semiconductor memory) The MU chart is Currently in a Rounded Bottom Breakout, printed a Bullish Engulf yesterday after about eight days of consolidation and a T-Line run. MU Has also come from a bullish “W” pattern that started forming in August.
Education builds confidence for success!
I will be covering more on the Featured Trade Idea (entry, stop, targets) in the trading room at 10:1 AM EDT today.
MU/ Profits through education Oct. 20
Possible entry plan idea: Buy box $Members Only!
Possible stop plan idea: Stop below $
Risk Reward 12:1 depending on entry/exit/stop
Members Trade Ideas
WTW a members’ Trade Idea September 16, 2015
up 122% yesterday!
NHTC a members’ Trade Idea September 24, 2015
up 20% now and looks ready to push higher!
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Rick’s Featured Trade Ideas
TWTR/Long (Internet Content) The TWTR chart is set up to break out into a J-Hook pattern, currently in a RBB pattern.
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.
TWTR/ Profits through education Oct. 19
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $
Risk Reward 12:1 depending on entry/exit/stop
Members Trade Ideas
VLT-Long +47% Careful now
TROX-Long +31%
New Membership Options – Click Here
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When a candlestick drifts away from an established downtrend, gaps down, and then gaps back up into an uptrend, it becomes an island—a Bullish Island Reversal, to be exact. The further the candlestick drifts, the stronger the pattern’s implications. Although these islands aren’t very common, they are interesting and important nevertheless. In fact, the insight they provide could be pivotal as you decide your next trading move. To help you get started on your quest to find an Island Reversal, today we’re discussing the formation and meaning of the bullish variety.
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