Today’s Swing Trade Ideas
ZU/Long (Specialty Retail) ZU Is set up for one of our Pinball Plays. ZU has also printed A Bullish Morning Star Signal and your left right combo, (Doji Bullish Engulf).
Possible entry plan idea: Above the T-Line
Possible stop plan idea: A close below the T-Line for now
More on how to trade ZU in the Live Trading Room 9:10 AM Eastern
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TASR was pointed out in the trading room Wednesday and was also bought closing it out Thursday for a 9.94% gain.
LOCO, Myself and a few members have been holding Loco and as you can see it’s gapping up today, raise your stops or take your profits but gaps are always gifts.
Good Morning,
SPY: Yesterday was a fantastic day for the members of our trading room! But let’s not get ahead of ourselves too fast. Let’s be smart about the money we pocketed yesterday.
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Today’s Swing Trade Ideas
WERN/Long (Trucking) WERN printed a Bullish Engulf yesterday supported on the 50-simple moving average closing back above the 20-simple moving average and the T-Line on higher than normal volume. IYT, the transportation ETF, had a candle-positive day yesterday but still closed under the 50-simple moving average. Follow-through is needed.
Possible entry plan idea: Above the $31.25
Possible stop plan idea: A close below the T-Line end of day
**More on how to trade WERN in the Live Trading Room 9:10 AM Eastern Trading Room.
Good Morning,
SPY: From the close yesterday and on the daily chart, the sellers still have control with yesterday printing a Continue Reading
Today’s Swing Trade Ideas
ADHD/Long (Biotechnology) ADHD has formed a bottom with the successful Rounded Bottom Breakout (RBB). While yesterday’s gap down could have been disastrous, the buyers managed to pull a bullish Belthold candlestick signal out of their hat, which suggests the buyers are very interested in this stock.
Possible entry plan idea: Above the 50-day simple moving average with a closing bullish candlestick.
Possible stop plan idea: A close below the 50-day simple moving average
**More on how to trade ADHD in the Live Trading Room 9:10 AM Eastern Trading Room.
Good Morning,
SPY: After yesterday’s decisive (on heavy volume) price action, the bulls will be scrambling to contain the recent losses in the Continue Reading
