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
Today’s Swing Trade Ideas
VHC/Long (Technology) VHC is one of my favorite chart setups, the Rounded Bottom Breakout. You can also see that Wednesday and Thursdays candle was a Doji Bullish Engulf (left right combo) not only at the 50 day simple moving average but at the big three.
More on how to trade VHC in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $5.95 to $5.55
Possible stop plan idea: A weak candlesticks signal or below 6.13
Good Morning,
SPY: On the weekly chart of the SPY, there are signs of topping, signs that the sellers are taking control. I see a
bearish evening star with a double top. I see lower highs and a sellers Doji sandwich or continuation pattern. On Continue Reading
Today’s Swing Trade Ideas
ARWR/Long (Healthcare) The past week a ARWR has started to show signs of possibly revisiting the $9.30 area or near the 200 – simple moving average. In the last five days or trading you can see a low high higher low and yesterday’s Bullish Engulf, engulfed seven candles plus the big three on good volume
More on how to trade ARWR in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $7.00 to $7.57
Possible stop plan idea: A weak candlesticks signal or below 7.00
Good Morning,
SPY: SPY, QQQ, DIA, IYT, SMH: They all have another failed high in common. Price is below the T-Line suggesting the Continue Reading
