Today’s Swing Trade Ideas
WLL/Long (Energy Sector) Rounded Bottom Breakout, Left/Right Combo, higher lows can be drawn, bullish candlesticks above recent gap, 30% possible profit target. All this points to a very tradable chart. To learn more about WLL, join me in the live trading room today at 9:10 AM Eastern.
Possible entry plan idea: The buy box is from $36.24 to $42.76
Possible stop plan idea: A close below $36.24
Good Morning,
SPY: No rate hike by the Feds and the market soars with dovishness!
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Today’s Swing Trade Ideas
NQ/Long (Technology) NQ has formed a Rounded Bottom Breakout and a bullish scoop pattern.
Possible entry plan idea: Above the T-Line and/or a breakout of $4.03
Possible stop plan idea: A close below the T-Line
More on how to trade NQ in the Live Trading Room 9:10 AM Eastern
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Good Morning,
SPY: Yesterday the SPY closed with an inside day Doji while resting on the T-Line, once again failing to clear the $208.70 area. Continue Reading
Today’s Swing Trade Ideas
AKAM/Long (Technology) AKAM is trying to break out of consolidation with a Doji continuation pattern and may be trying to reach the $100 area in the near future.
Possible entry plan idea: Above $70.80 and/or breakout of $72.08
Possible stop plan idea: A close below 70.80
More on how to trade AKAM in the Live Trading Room 9:10 AM Eastern (Not Today)
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KNDI was a big success with its gap to the 200-simple moving average. On the other hand,
yesterday’s featured trade idea, NTLS, was downgraded and ran to the 50-simple moving average. NTLS should not have been bought or should have stopped out around $5.70 that I posted.
Good Morning,
SPY: Follow-through or trend continuation is very important for the success of a swing trader. With yesterday’s close of $208.58, Continue Reading
Today’s Swing Trade Ideas
NTLS/Long (Telecom Services) NTLS has formed a bullish J-Hook breakout into a void while in a RBB pattern.
Possible entry plan idea: Below $6.41 and above 5.70, breakout buyers above 6.41
Possible stop plan idea: A close below 5.70
More on how to trade NTLS in the Live Trading Room 9:10 AM Eastern
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LOCO, closed LOCO with a nice profit ahead of the weekend, will be watching for another trade this week.
Good Morning,
SPY: The SPY has yet to produce a close over the T-Line, but it did hold Wednesday’s low, and the SPY is trying to make the 50- Continue Reading
