One of Today’s Featured Trade Ideas
VNTV/Long (Industrials) VNTV printed a bullish morning star signal yesterday after a three-day profit taking pull back, with a breakout of $41.05. VNTV could see a 5 to $10 run.
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Something to think about:
Know who you are as a trader and be your own trader. Do you have the personality for swing, day or long term trading? Stick with the type of trading that fits with your lifestyle and personality. Be your own trader and don’t be a follower. You need to be confident in the trades you execute and this means understanding the trade and believing in the trade. Just because someone else takes a trade doesn’t mean it is right for you.
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VNTV Trading Plan (Entry, Stop, Target) Click Here
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One of Today’s Featured Trade Ideas
ACTG/Long (Industrials) ACTG is one of our Rounded Bottom Breakout strategies that has started a low-high/higher-low/higher-high trend.
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: Focus on the best trades for you. Study stock charts and identify high probability setups. Start with one or two trade setups, master them and then add more setups.
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ACTG Trading Plan (Entry, Stop, Target) Click Here
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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.
Click here to learn more
Something to think about:
Rule #27 Gaps are gifts
TACO Trading Plan (Entry, Stop, Target) Click Here
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