Swing Trade Ideas May 28, 2015
One of Today’s Swing Trade Ideas
NQ/Long (Technology sector) NQ became a Rounded Bottom Breakout yesterday with a close above the big three and the 100 SMA as a bonus. NQ has the potential to produce 15% to 25% profit in the near term.
NQ Trading Plan (Entry, Stop, Target) 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
What Hit & Run Candlesticks does for many traders:
A big thanks to Rick and the H&R gang in the trading room! Yesterday I sold my RENN for a 29% profit. Still holding MNHD @ 31% profit.
Thanks again! Sam in TX.
*Membership starts right here CLICK HERE
Good Morning,
SPY: There are several components that we use to gauge the overall market; two of them semiconductors using the ETF symbol SMH, and the other one is the transports using the ETF symbol IYT. I believe these two indexes can give insight on the market, and right now they are in serious conflict. The semiconductor SMH is bullish with a terrific chart pattern soaring to new highs, but the transportation index ETF has had its fair share of troubles with a bearish top and continued bearish follow-through. Even the 50 SMA has crossed down through the 200 SMA, Continue Reading
