One of Today’s Featured Trade Ideas

ORIG/Long (Oil gas drilling)  ORIG is now set up for our Bullish Pinball Strategy starting with the hammer on July 7, followed by consolidating Doji’s that did create a slight high followed by a low on the 13th that closed with a hammer candle, and then yesterday bullish follow-through over the T-Line and the recent high with about 18% to the Pinball Strategy target.

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

Something to think about:
Rule #15 Patience
Continue Reading

One of Today’s Featured Trade Ideas

OSK/Long (Truck Manufacturing) OSK is what we call a Pinball setup/strategy. After an extended downtrend, OSK printed a hammer on July 7 followed by the next three days consolidating within the hammer.  Then yesterday, the Bulls showed their presence closing above the T-Line.  We bought OSK yesterday near the close at $41.70, and our plan is about a 10% profit.
OSK Trading Plan  (Entry, Stop, Target)  Click Here

Something to think about:
Rule #14 – Trade the chart, not the news commentators.

Continue Reading

One of Today’s Featured Trade Ideas

ADTN/Long (Technology/Communication) Rounded Bottom Breakout pattern, double bottom, scoop pattern. Earnings Wednesday
ADTN Trading Plan  (Entry, Stop, Target)  Click Here

Something to think about:
Rule #13 – What goes up must come down.
Continue Reading