Swing Trade Ideas April 24, 2015

Today’s Swing Trade Ideas

CLF/Long (Basic materials) CLF has put in a series of higher lows and bounced between the 50- and 20-simple moving averages.  With the pullback and morning star signal yesterday, CLF printed a 9.45% day stretching and warming up to be a J-Hook breakout continuation pattern which will become an RBB pattern over the 50-simple moving average

More on how to trade CLF in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $5.62 to $5.07
Possible stop plan idea:  A close below $5.07 or the T-Line

Friday “Open Mic”  Friday April 24, 12: PM EDT
A huge success last Friday.  Looking for volunteers.
Mark S. Open Mic 12:00 EDT

Profit Scanner Users & Trial Users
Advance Scanner Set-up
Monday, April 27,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach

Alerted us  Thursday April 23,
ASPS alerted a RBB @ 18.26 up 24%
SFUN alerted @ 8.05 today all day making new highs up another 9%
APPL alerted April 20, @ 125.58
MBT alerted on the Hammer and again today J-Hook
GEOS alerted near the close April 22 and again today
AKS alerted with a T-Line cross
WFT alerted with a T-Line cross

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Good Morning, 

SPY: The SPY closed above the T-Line with the T-Line above the big three implying that the buyers are in charge.  The buyers did control the SPY all day yesterday up to the very end, and as you can see with the high wick, there were a few buyers that jumped ship.  No matter, whatever the SPY does today, Friday’s are always a good day to be a Continue Reading

Swing Trade Ideas April 23, 2015

Today’s Swing Trade Ideas

GPRO/Long (Technology) GPRO has broken through its downtrend line and has a slight pullback with a Doji Bullish Engulf or a left/right combo looking like a J-Hook continuation pattern.

More on how to trade GPRO in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $43.62 to $46.95
Possible stop plan idea:  A close below $43.62 or the T-Line

Friday “Open Mic”  Friday April 24, 12: PM EDT
A huge success last Friday.  Looking for volunteers.
Mark S. Open Mic 12:00 EDT

Profit Scanner Users & Trial Users
Basic Scanner Set-up
Monday, April 27,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach

Alerts yesterday April 22,
CRNT member trade idea alerted @ 1.26 up 12%.
SFUN alerted @ 7.13 up 10%
NKA alerted @ 1.05 and again @ 2.04
BLCM alerted @ 26.80
You should have the same tools the pros have – 2-Week Free Trial Click Here

 

Good Morning, 

SPY:  The SPY continues to float sideways with a slight bullish edge.  $208.20 is the median price between the March highs and the April lows.  Currently, the price is above $208.20 as well as the 50-day simple moving average and the T-Line.

Trade wise and trade for profits, not home runs.  It’s a business, not a game.  Successful businesses have more than one product; so should your trading account. Continue Reading

Swing Trade Ideas April 22, 2015

Today’s Swing Trade Ideas

GILD/Long (Healthcare Biotechnology)  After printing a hammer on April 1 the buyers found an opening, running price up above the big three and the 200 – simple moving average.  The pullback and yesterday’s candle suggest that the buyers are still interested in may want to run GILD back to the high 116 area.

More on how to trade GILD in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $102.12 to $105.71
Possible stop plan idea:  A close below $102.12 or the T-Line

Friday “Open Mic”  Friday April 24, 12: PM EDT
A huge success last Friday.  Looking for volunteers.
Mark S. Open Mic 12:00 EDT

 

Profit Scanner Users & Trial Users
Basic Scanner Set-up – Today
Wednesday, April 22,  Meet-up at 11:00 AM EDT

Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here

VIPS gave an alert @ $28.23 yesterday
TSLA stating to give buy alerts
CYBR gave several buy alerts over the past couple weeks
INCY gave alerts before the breakout and a alert for the breakout

 

Good Morning, 

SPY:  As I mentioned in last night’s member e-learning the overall market indices were not giving favorable signals for the bull, and this morning the futures have chosen the dark side team.  A couple of days ago I posted a members list of possible shorts most of which are still looking like a short and SMCI would be worth over 6% in your pocket.

Continue Reading