Today’s Swing Trade Ideas
VNET/Long (Technology sector) Has completed a rounded bottom breakout with the close over the 200-simple moving average. Currently painting a bullish J-Hook continuation pattern with plenty of bullish canvas.
More on how to trade VNET in the trading room
Possible entry plan idea: The buy box is from $20.30 to $20.86 or a breakout
Possible stop plan idea: A close below $20.83 or the T-Line
Friday “Open Mic” Friday May 1, 12: PM EDT
Volunteers Welcome
Profit Scanner Users & Trial Users
Basic Scanner Set-up
Wednesday, April 29, Meet-up at 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 SPY gained a little of its loss back yesterday by printing a hammer that bounced off the 20-simple moving average and a trend line. A requirement for a hammer is follow-through, keeping in mind that follow-through does not have to happen the very next day. Before the Bulls can take on $212.48, they first need to win a mini battle at Continue Reading
Today’s Swing Trade Ideas
TZA/Long (Small Cap Bear ETF) After an extended downtrend TZA has formed a double bottom accompanied with a Bullish Morning Star Reversal Pattern closing above the T-Line and the 20-simple moving average. Currently I’m anticipating TZA to become A Rounded Bottom Breakout. I am personally long from $9.69.
More on how to trade TZA in the trading room today at 9:10 AM EST
Possible entry plan idea: The buy box is from $p.78 to $10.12 or a breakout
Possible stop plan idea: A close below $9.78 or the T-Line
Friday “Open Mic” Friday May 1, 12: PM EDT
Volunteers Welcome
Profit Scanner Users & Trial Users
Basic Scanner Set-up
Wednesday, April 29, Meet-up at 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:
A double top Doji bearish engulf is not a good combination to have if you are a bull, and that’s exactly what happened in the spy. Although overall the spy and the market seems to be bullish yesterday was not a good day. The Bulls did manage to defend their position above the T-Line the question is can they do it today. It would be nice to see Continue Reading
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
You should have the same tools the pros have – 2-Week Free Trial Click Here
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
