Swing Trade Ideas May 19, 2015
Today’s Swing Trade Ideas
BLOX/Long (Communication equipment) After about a 2 1/2 month consolidation. BLOX went from below the big 32 above the big three for Doji days followed by a strong Bullish Engulf yesterday. Currently in a seven day T-Line run with positive bullish momentum
More on how to trade BLOX in the trading room today at 9:10 am ED
Possible entry plan idea: The buy box is from $24.30 to $25.53
Possible stop plan idea: A close below the T-Line or $24.30
Trading room membership has its privileges: HNR up 30.91%, OPK up 18.82%, NES up 22.93%, REN up21.83%, ATEN up 14.26, MNKD up10.28%
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Click here Free educational video on the REN trade. Only 1:56 long.
Good Morning,
SPY: Yesterday was a very successful bullish breakout of the trading range that seemed to last forever. If all goes well, the bulls will reach for about $217.30, one of our targets. Keep following the T-Line trend and always ask yourself: What is price doing in relationship to the T-Line? Continue Reading
REN Trade Review May 18, 2015
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Swing Trade Ideas May 18, 2015
Today’s Swing Trade Ideas
MCEP/Long (Energy sector) MCEP is a Hit-And-Run Candlesticks Rounded Bottom Breakout pattern that has now pulled back to a key buying level with Friday printing a bullish piercing candle.
More on how to trade MCEP in the trading room today at 9:10 am EDT
Possible entry plan idea: The buy box is from $6.20 to $6.42
Possible stop plan idea: A close below the T-Line or $6.20
Trading room membership has its privileges: HNR up 20.91%, OPK up 16.21%, NES up 22.93%, JNUG up 12.73%
Ready to start learning and earning? CLICK HERE
Click here for featured video on the NES trade. Only three minutes and 22 seconds long
Good Morning,
SPY: The SPY closed at new highs cracking through a three-month challenge. Price closing over the T-Line suggests that the buyers or Bulls are in charge. The T-Line and the big three are also in a position that suggests that the buyers are leading the moving-average trend with the T-Line Continue Reading