Today’s Swing Trade Ideas
LOCO/Long (Restaurants) LOCO was originally featured on January 7. As of yesterday, LOCO is up about 25%. Long-term holders or short-term swing traders have had a good run. It now looks as if LOCO may be ready to step in to the $30 area. Please note that LOCO has been traded and monitored as a Rounded Bottom Breakout without the 200-SMA.
More on how to trade LOCO in the trading room today at 9:10 am EDT
Possible entry plan idea: The buy box is from $27.61 to $29.00
Possible stop plan idea: A close below the T-Line or $27.61
Trading room membership has its privileges: Closed TSLA for 7.1% profit; closed DGLY for 6.75% profit ahead of earnings, and closed VGGL for a 38.22% profit; JNUG with 11.5%; RIG broke through a target for 9.3%
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Meetups
Vancouver BC, July 18, 2015
Basic Scanner Set-up Mondays each week
11:00 AM EDT
Advance Scanner Set-up Wednesdays each week
11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
You should have the same tools the pros have – 2-Week Free Trial Click Here
Good Morning,
SPY: No big changes yesterday, just another day moving sideways in the same old trading range. The SPY did close slightly below the T-Line and the 20-SMA, and because price is still above the 50% line of the trading range for the past 2 1/2 months, I’ll give the price to the Bulls. I am a bit concerned about the transportation index ETF IYT as price is still below the 50% line of the highs and lows over the last 2 1/2 months, and the Continue Reading
Today’s Swing Trade Ideas
TAHO/Long (Basic Materials) TAHO is poised for a bullish J-Hook continuation pattern. While still in the RBB pattern, TAHO has rallied and pulled back to the T-Line. The hammer four days ago appears to be doing its job, and now the buyers are starting to come back in.
More on how to trade TAHO in the trading room today at 9:10 am EDT
Possible entry plan idea: The buy box is from $13.53 to $14.24
Possible stop plan idea: A close below the T-Line or 13.53
Trading room membership has its privileges: BLUE up 15.7%, REXX up 10.66%, BAK up, TSLA up 7.9%, 7.43%, ATN up 5.97%, DGLY up 5.33%, SDRL up 5.13%
Ready to start learning and earning? CLICK HERE
Meetups
Vancouver BC, July 18, 2015
Basic Scanner Set-up Mondays each week
11:00 AM EDT
Advance Scanner Set-up Wednesdays each week
11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
You should have the same tools the pros have – 2-Week Free Trial Click Here
Good Morning,
SPY: The 50 SMA supported price yesterday and price closed above the linear regression 60-day line, which happens to be virtually horizontal, just to demonstrate how sideways the market is moving. As you can see from the stocks mentioned above, TSLA, BLUE, REX, BAK, DGLY ATEN, SDRL are stocks we have posted and traded in the trading room that are currently showing profits. Trading chart patterns or signals that Continue Reading
Today’s Swing Trade Ideas
TZA/Long (Small Cap Bear) TZA was a featured trade idea on April 28 where it swung for a 12% pull back to the RBB area and where it was presenting a rebuy Friday and Monday. Those that trade the RBB strategy see profits.
More on how to trade TZA in the trading room today at 9:10 am EDT
Possible entry plan idea: The buy box is from $10.40 to $10.70
Possible stop plan idea: A close below the T-Line
JMEI was one of our members private trade ideas and rallied for a 10% gain yesterday. NES is up 35% from our post.
Meetups
Vancouver BC, July 18, 2015
Basic Scanner Set-up Mondays each week
11:00 AM EDT
Advance Scanner Set-up Wednesdays each week
11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
You should have the same tools the pros have – 2-Week Free Trial Click Here
Good Morning,
SPY: The back and forth chop continues with the bears taking a bite out of the bulls yesterday at the high side of the trading range which proves once again there is not enough juice to move this market higher at this time. This morning’s futures are leaning toward another dip below the 50-sma and the lower end of the trading range and Continue Reading
