Swing Trade Ideas June 11, 2015
One of Today’s Swing Trade Ideas
ANTH/Long (Biotechnology industry) ANTH in the past four months has formed a bullish “W” pattern that has led to a breakout of the March highs. Yesterday produced a bullish left/right combo flag breakout.
ANTH Trading Plan (Entry, Stop, Target) Click Here
A Trading Room Team Working Together:
AOI up 42.5% * SIGM up 15.89% * GEVE up 14.72%
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Join us in the Trading Room for the morning commentary on all of the members’ trade ideas at 9:10 AM EDT. Click Here
Good Morning,
SPY: Yesterday the SPY put together an impressive bullish morning star reversal signal managing to close above the 50 SMA and close back above the broken uptrend line. However, the SPY was not able to close over the downtrend line that is across the recent highs.
IWM: IWM had an impressive day with a bullish gap closing at $125.99. We have had a horizontal resistance line drawn at $126.49, and yesterday’s high was unable to breach the resistance line, much less close above. Continue Reading
Right Way options Review
Swing Trade Ideas June 10, 2015
One of Today’s Swing Trade Ideas
GENE/Long (Healthcare sector) We’ve been watching GENE for some time, GENE is starting to show signs of bullish interest and possibly forming a bottom from the May 28 candle that formed a bullish morning star followed by a series of small bodied candles and Doji’s.
GENE Trading Plan (Entry, Stop, Target) Click Here
Possible entry plan idea: The buy box is from $4.00 to $4.48
Possible stop plan idea: A close below $4.00
A Trading Room Team Working Together:
Yesterdays Featured Trade Idea up 25%
MXL up 22.95%% * AMBA up 30.78% * KTOS up 4.51 %
We teach you how to find’em and trade’em.
Start right here CLICK HERE
Join us in the Trading Room for the morning commentary on all of the members’ trade ideas at 9:10 AM EDT. Click Here
Good Morning,
SPY: Last night in the members e-learning I warned not to Chase shorts at the moment, the SPY may have found a minor support area and with Continue Reading