Swing Trade Ideas April 21, 2015

Today’s Swing Trade Ideas

LOCO/Long (Restaurants)  LOCO has been a featured trade idea in the past and it is again today.  The chart continues to perform in a bullish manner.  A rounded bottom breakout has led LOCO to a bullish continuation pattern we call a J-Hook.

More on how to trade LOCO in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $27.41 to $28.92
Possible stop plan idea:  A close below $27.41 or the T-Line
Updates:
Friday “Open Mic”  was a huge success.  Looking for volunteers for this coming Friday.
Mark S. Open Mic 12:00 EDT
Profit Scanner Users & Trial Users
Monday, April 20, 2015 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
Basic setup Wednesday April 22, 2015 11:am EDT

Good Morning, 

SPY:  The SPY recouped its losses yesterday but is still closing within a range.  FYI, the range is getting smaller.  Overall, the buyers have managed to keep the trend working Continue Reading

Trade Ideas April 20, 2015

Today’s Swing Trade Ideas

DDD/Long (Technology)  3-D systems continues to strengthen coming off the bottom, and the rounded bottom breakout is coming from a double bottom and bullish “W” pattern.

More on how to trade DDD in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $30.06 to $31.77
Possible stop plan idea:  A close below $30.06 or the T-Line

Updates:
Friday “Open Mic”  was a huge success.  Looking for volunteers for this coming Friday.

Profit Scanner Users & Trial Users
Monday, April 20, 2015 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

Good Morning, 

SPY:  It looks as if the buyers are going to try to regain their losses Friday, and the sellers will try to hold on to their strength.  Both will be fighting for the 50-day simple Continue Reading

Swing Trade Ideas April 17, 2015

Today’s Swing Trade Ideas

LOCO/Long (Restaurants)  LOCO is another chart that has been a members’ featured trade idea and on the members’ list.  LOCO is another rounded bottom breakout that has proven itself like so many other rounded bottom breakouts.  The past eight or nine candles, LOCO has formed a PBO J-Hook formation while still in the rounded bottom breakout strategy.

More on how to trade LOCO in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $26.58 to $28.44
Possible stop plan idea:  A close below $26.58 or the T-Line

Updates:
Friday “Open Mic”  April 17, 2015 Current Speakers:
Petra
Jim C.
Ed C.

Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Registration closes Friday, April 17, 12:00 PM EDT Saturday RBB Appreciation clinic

Profit Scanner Users & Trial Users
Monday, April 20, 2015 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

Good Morning, 

SPY:  In yesterday’s market note, I wrote that the SPY appears to be feeling a little pressure from the sellers, and it kind of looks like that pot starting to boil and somebody is Continue Reading

Swing Trade Ideas April 16, 2015

Today’s Swing Trade Ideas

GLNG/Long (Shipping & Ports)  GLNG has been and is currently on our members’ featured trade idea watch list.  From March 5, GLNG has simply consolidated in the rounded bottom breakout area; sometimes we just have to have patience.

More on how to trade GLNG in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $35.63 to $37.30
Possible stop plan idea:  A close below $35.20

Updates:

Friday “Open Mic”  April 17, 2015 Current Speakers:
Petra
Jim C.
Ed C.

Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,

Registration closes Friday, April 17, 12:00 PM EDT Saturday RBB Appreciation clinic

Profit Scanner Users & Trial Users
Thursday, April 16th 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

Good Morning, 

SPY:  At about 7 AM EDT this morning, the SPY appears to be feeling a little pressure from the sellers.  It could be nothing more than filling the gap from yesterday; however, Continue Reading