One of Today’s Featured Trade Ideas

TACO/Long (Restaurants) Del Taco Restaurants broke out big time in early March soaring to the $17 area.  On May 20, profit taking started to plague TACO pushing price down below its 50-day simple moving average.  For little over a month, price walked just underneath the 50-day simple moving average and has now closed back above the 50 SMA.  TACO may be headed to retest the May highs, and from there it may be positioned to break out to new highs

I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today.
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Something to think about: 

Rule #27 Gaps are gifts

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

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One of Today’s Featured Trade Ideas

DGX/Long (Healthcare Diagnostics and Research)   On July 8, DGX found support on the 200 SMA and a double bottom bouncing back above the big three creating a high, then pulling back the last several days creating a higher low finishing yesterday with a bullish morning star signal and what we call a moving average squeeze.

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: 
Rule #24 Cash is a position, too.

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

ANTH/Long (Healthcare, Biotechnology)  ANTH has been a featured trade idea in June and July. I am featuring it today because of how it’s coming out of a rounded bottom in a Doji continuation pattern or Doji sandwich, as it sometimes is called. ANTH is still about a dollar away from our first target.

I will be covering more on trade ideas in the trading room at 9:10 AM EDT today.
Click here to learn more

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

Something to think about: 
Rule #23 Trading is probabilities.

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