Swing Trade Ideas April 10, 2015

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

Swing Trade Ideas April 8, 2015

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

Swing Trade Ideas April 7, 2015

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