Today’s Swing Trade Ideas
OIH/Long (Oil Service ETF) OIH has successfully delivered a double bottom left right combo on the 17th followed by a T-Line run that forced A Rounded Bottom Breakout (RBB) pattern. Currently we have a little to bar pullback with Bob bullish follow through yesterday.
More on how to trade OIH in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $35.08 to $36.46
Possible stop plan idea: A weak candlestick signal or below $35.08
Updates –
Tina Logan webinar “East meets West”
Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Vancouver meetup coming in July
Good Morning,
SPY: The SPY has now broken out and closed at our $208.61 price target that we’ve been looking for the last few days with a nice bullish pattern to boot. Continue Reading
Today’s Swing Trade Ideas
EYES/Long (Healthcare) EYES has pulled back to the 50-simple moving average and has now drawn a candlestick bullish morning star reversal pattern. This pattern could be the clue that a bullish reversal may happen soon.
More on how to trade EYES in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $11.53 to $12.91
Possible stop plan idea: A weak candlestick signal or below 11.53
Updates –
Tina Logan webinar “East meets West”
Rounded Bottom Breakout clinic (end of April)
Vancouver meetup coming in July
Good Morning,
SPY: (FOMC Minutes 2: PM EDT Today) and (Jobless Claims 8:30 AM EDT Tomorrow)
Here come the feds; here come the feds. You know their job is not to control the market, but who thinks they don’t? Every time the market Continue Reading
Today’s Swing Trade Ideas
MUR/Long (Energy) MUR is a rounded bottom breakout pattern after a Bullish Belthold about a month ago and has followed up with a bullish “W” pattern and a double bottom.
More on how to trade MUR in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $48.50 to $50.40
Possible stop plan idea: A weak candlestick signal or below 48.50
Updates –
Member e-learning tonight 8: PM EDT
Tina Logan webinar “East meets West”
Rounded Bottom Breakout clinic (end of April)
Vancouver meet upcoming in June
Good Morning,
SPY: If one were to look at a chart of the SPY, you would see a four-bar pattern that has created a low then a Continue Reading