Today’s Swing Trade Ideas
FNF/Short (Insurance) After a five-month run FNF is now closed back below the big three. Recently creating a lower high followed by a bearish Doji sandwich (continuation pattern)
To learn more about FNF, join me in the live trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $36.85 to $35.35
Possible stop plan idea: A close above T-Line
Good Morning,
SPY: In yesterday’s e-mail I wrote: “While the SPY failed to close over the $210.80 area yesterday, if the buyers can manage Continue Reading
Today’s Swing Trade Ideas
CLNE/Long (Energy sector) CLNE Was pointed out in the trading room by another member, a rounded bottom breakout that has found support on the 50–simple moving average a hammer followed by a series of candlesticks a few of which are Doji’s and one a Bullish Engulf. Yesterdays close over the 20–simple moving average has set CLNE up to retest the recent high near $6.20 with a possible reach for about the 200–simple moving average
To learn more about CLNE, join me in the live trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $5.06 to $5.37
Possible stop plan idea: A close below T-Line
Good Morning,
SPY: Yesterdays gap and negative close below the T-Line and the 20 – simple moving average might be setting the spy up to Continue Reading
Today’s Swing Trade Ideas
NES/Long (Waste management) Over the last nine weeks we’ve seen a lower high and a higher low with a bullish hammer about a week ago. On Monday, NES formed a Bullish Engulf with a double bottom. Yesterday’s follow-through closed it up over the big three making it a Rounded Bottom Breakout
To learn more about NES, join me in the live trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $3.26 to $3.80
Possible stop plan idea: A close below $3.44
Good Morning,
SPY: The last three trading days, the SPY has been wandering aimlessly keeping everyone on edge as to whether this is just part of the bullish “wall of worry,” or is it something to be concerned with? Here are three trading ideas that might help:
- Always follow the trend that fits in your time horizon
- Always be vigilant
- Always be a profit trader
Continue Reading
