One of Today’s Featured Trade Ideas

TZA/Long (ETF small cap Bear)   Because IWM still looks weak, I will be looking at adding to my TZA today.  TZA is acting as if it wants to come off the lower trend line and head higher.  The last four candles are suggesting the Bulls are setting up the bottom for a rally.  TZA is also a bullish rounded bottom breakout.

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

Something to think about — A snippet taken from a soon-to-be-released eBook prepared by Hit & Run Candlesticks:
The Right Mindset for Trading is achieved by developing your trading skills and building your confidence in executing trades. This is a process that involves education, stock chart reading and designing trade setups for the trading method you select. The bottom line is SKILL + CONFIDENCE = Right Mindset for Trading

TZA Trading Plan  (Entry, Stop, Target)  
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One of Today’s Featured Trade Ideas

ACRX/Long (Healthcare Medical Device)    Yesterday’s candle finished drawing the picture of a bullish cradle pattern utilizing the 50-day and the 100-day simple moving averages as a support area, not to mention support from candles in June and July.  ACRX is also a Rounded Bottom Breakout chart 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

Something to think about:
A snippet taken from a soon to be released eBook prepared by Hit & Run Candlesticks
 SKILL and CONFIDENCE – Practicing what you learn through education and by applying that knowledge to chart reading develops skill in spotting trading opportunities.  It also develops the confidence to know that these trading opportunities are profitable.

ACRX Trading Plan  (Entry, Stop, Target)  Click Here
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