One of Today’s Featured Trade Ideas
PRTA/Long (Healthcare) After consolidating around $45.20, which was also the March high, PRTA continued to rally for a few days and then pulled back creating a little rounded bottom with a bullish J-Hook breakout. With bullish follow-through, I see a possible target around 71.
PRTA Trading Plan (Entry, Stop, Target) Click Here
Something to think about:
Rule #18 – When price moves steadily in a bullish or bearish direction 5 to 10 days, it’s very common to see profit-taking occur.
Continue Reading
One of Today’s Featured Trade Ideas
USAT/Long (Technology) USAT looks to have the potential to get near the $5 area with an impressive chart pattern starting with the Doji on June 30, and notice the bull kicker on July 10. Price is now broken out of the 2015 highs pushed by a Doji continuation pattern a few days ago.
USAT Trading Plan (Entry, Stop, Target) Click Here
Something to think about:
Rule #17 – Sell into strength
Continue Reading
One of Today’s Featured Trade Ideas
USAT/Long (Technology) USAT looks to have the potential to get near the $5 area with an impressive chart pattern starting with the Doji on June 30, and notice the bull kicker on July 10. Price is now broken out of the 2015 highs pushed by a Doji continuation pattern a few days ago.
USAT Trading Plan (Entry, Stop, Target) Click Here
Possible entry plan idea: The buy box $3.15 – $3.45
Possible stop plan idea: A close below $3.15
Possible target area: $3.70-ish, $4.00-ish, 4.35-ish, $6.00-ish
Something to think about:
Rule #17 – Sell into strength
Continue Reading
First 10 Min of the July 14 Members E-Learning
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
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
Possible entry plan idea: The buy box $4.70 – $5.05
Possible stop plan idea: A close below T-Line
Possible target area: $5.30-ish, $5.75-ish
Something to think about:
Rule #15 Patience
Continue Reading