One of Today’s Featured Trade Ideas
EGRX/Short (Healthcare) Early August, EGRX formed a bearish Shooting Star with sellers’ follow-through. After breaking down below the 50-day simple moving average, price has now come back up for retest. On the two-hour chart, price has already failed my double deuces, and price could very easily fail the double deuces on the four-hour chart today.
I will be covering more on the Featured Trade Idea (entry, stop, targets) in the trading room at 9:10 AM EDT today.
EGRX Trading Plan (Entry, Stop, Target) Members Only
Possible entry plan idea: The Short zone $ – $
Possible stop plan idea: Stop above $
Risk Reward about: :1
Why should I be in the H&R Trading Room?
ABMD should be closed, Great job members if you collected your 45% $$$$
ACI member’s trade idea on August 28, up 265 %
UVXY member’s trade idea on August 19, up 161%
TZA member’s trade idea on August 6, up 37%
BTU member’s trade idea on August 20, up 54%
FTK member’s trade idea on July 10, up 40%
VXX member’s trade idea on August 21, up 52%
Not to mention the education you receive!
For only $21.22 a week. Learn and Earn at the same time!
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In the real world, an abandoned baby is a startling and terrible sight. In the world of candlesticks, it is a very rare reversal signal. Sometimes the abandoned baby will be a bear (or should I say a cub?), and other times it will be a bull (a calf, if you like). Either way, it signals that the current trend will soon reverse. Happily, its formation fits its name quite well—a tiny doji on its own (the baby), the surrounding candles a step higher or lower (the parents)—so it is easy to identify. If you would like to understand the Abandoned Baby candle pattern, you’re in the right place. Today we’re discussing how to spot it, what it means, and why you shouldn’t ignore its presence.
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One of Today’s Featured Trade Ideas
DO/Long (Energy) DO was a members’ only featured trade idea last week. Now I’m making it a featured trade idea for you. The recent double bottom has had bullish follow-through that pushed price and the close last week above the 50-day simple moving average. DO is currently painting one of the most popular and profitable chart patterns that Hit-And-Run Candlesticks has to offer.
I will be covering more on the Featured Trade Idea (entry, stop, targets) in the trading room at 9:10 AM EDT today.
DO Trading Plan (Entry, Stop, Target) Members Only
Possible entry plan idea: The buy box zone
Possible stop plan idea: Stop below
Possible targets: Risk Reward
Why should I be in the H&R Trading Room?
ACI member’s trade idea on August 28, up 221% %
UVXY member’s trade idea on August 19, up 144%
BTU member’s trade idea on August 20, up 54%
FTK member’s trade idea on July 10, up 40%
Not to mention the education you receive!
For only $21.22 a week. Learn and Earn at the same time!
Learn & Earn starts today – Click Here
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One of Today’s Featured Trade Ideas
EVLV/Long (Specialty Retail) EVLV has formed an H&R favorite pattern on top of a bullish scoop pattern.
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today. Click here to learn more
EVLV Trading Plan (Entry, Stop, Target) Members Only
Possible entry plan idea: The buy box zone
Possible stop plan idea: Stop below
Possible targets: About 7:1 Risk Reward
Why should I be in the H&R Trading Room?
ACI member’s trade idea on August 28, up 175% %
UVXY member’s trade idea on August 19, up 121%
BTU member’s trade idea on August 20, up 47%
For only $21.22 a week. Learn and Earn at the same time!
Learn & Earn starts today – Click Here
Continue Reading
