Workshop on Support & Resistance
Doug Campbell Presents Support & Resistance and a Guppy Chart
Doug Campbell Presents Support & Resistance and a Guppy Chart
One of Today’s Swing Trade Ideas
AOI/Long (Consumer Defense) After successfully completing a 48% Rounded Bottom Breakout, AOI is presenting a two bar low with a Bullish Engulf and support. I see another possible 20% up toward the $2 area.
AOI Trading Plan (Entry, Stop, Target) Click Here
A Trading Room Team Working Together:
MNKD up 81.2%% * VNDA up 29.87% * IMMU up 15.88 %
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: Yesterday’s bearish sandwich lead price to the 100 SMA closing at $208.48. The trend starting about 13 days ago is bearish. ***Price has dropped through the big three and leading the T-Line down. The wise trader will trade with the trend, and the trader that is determined to trade to Continue Reading
One of Today’s Swing Trade Ideas
G/Short (Industrials sector) G’s weakness since its March highs and its failed attempts to show strength above the big three suggest that the sellers have the upper hand. The past two weeks, the bearish architect is drawing a bearish “h” pattern starting with the bearish left/right combo on May 21. A successful breakdown could lead to the 200 day SMA near 11% profit.
G Trading Plan (Entry, Stop, Target) Click Here
A Trading Room Team Working Together:
IG up 17.67% * AMBA up 18.5% * MNKD up 53.38%
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: Friday the SPY closed with a Doji at $209.77 below the 50 SMA and below our uptrend support line. This puts $208.60 and $207.40 in bear striking distance. With the technical bearish breach, we saw in the SPY last week that a one-candle reversal signal is very unlikely to have any Continue Reading