Swing Trade Ideas July 21, 2015
One of Today’s Featured Trade Ideas
AMPE/Long (Healthcare Biotechnology) I will be using the Rounded Bottom Breakout (RBB) strategy to trade AMPE. After the gap in April, the artist has painted a cup and handle and a flag the last few trading days and a closing Bullish Engulf yesterday. To find out more about this trading strategy, please check out our membership.
AMPE Trading Plan (Entry, Stop, Target) Click Here
Something to think about:
Rule #21 Never be fully invested
Directional trading with Call Options
Swing Trade Ideas July 20, 2015
One of Today’s Featured Trade Ideas
ABMD/Long (Healthcare, Medical Devices) Over the past few months, ABMD has formed a symmetrical triangle flirting with the big three and the 100 SMA. This past week, ABMD has had a little run bringing price back over the T-Line and 20 SMA with a little flag at the end of last week and a Friday breakout. ABMD closing Friday at $72.33 puts it in striking distance of the $100 price target.
ABMD Trading Plan (Entry, Stop, Target) Click Here
Something to think about:
Rule #19 — Don’t chase a trade.