Today’s Swing Trade Ideas
MILL/Long (Oil & Gas) After a 100% run, MILL has pulled back to the 34 EMA. The last seven candlesticks are showing how the buyers are stopping the pullback. Notice the Bullish Engulf six days ago and how the following trading has been contained above the Bullish Engulf’s low. Yesterday’s doji set up the pattern for a Doji Sandwich.
Possible entry plan idea: Above $1.68
Possible stop plan idea: A close below $1.68
Learn to trade 10%-30% swings
More on how to trade MILL in the Live Trading Room 9:10 AM Eastern Trading Room.
Recent RBB setups that would have made your day!
(ICPT 41%) (AVEO 25% and 32%) (SN 42%) (ISR 17%) (SWCH 24%) (MOBI 22% and looking for more) (AMRN 22%) (MDR 27%), (GTLS 25%), (MILL 50%), (VIP 32%)
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Good Morning,
SPY: After gapping down yesterday, the SPY found support at the 20-day simple moving average as well as the 23.6 retracement Continue Reading
Today’s Swing Trade Ideas
MILL/Long (Oil & Gas) After a 100% run MILL has pulled back to the 34 EMA, the last seven candlesticks are showing how the buyers are stopping the pullback. Notice the Bullish Engulf six days ago and how the following trading has been contained above the Bullish Engulf’s low.
Possible entry plan idea: Above $1.68
Possible stop plan idea: A close below $1.68
Learn to trade 10%-30% swings
More on how to trade MILL in the Live Trading Room 9:10 AM Eastern Trading Room.
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Good Morning,
SPY: Over the next few days, we may see a choppy SPY and market. Intraday yesterday gave everyone a bit of a scare, but the buyers Continue Reading
Today’s Swing Trade Ideas
CSCO/Long (Communication index) CSCO was a featured trade idea back on February 19. As you can see, there were a few days of consolidation and then yesterday printed a Bullish Engulf suggesting the buyers are still interested. Continue to hold while moving your stop up to protect profits and watching for candlestick sell signals for profit taking targets.
Possible entry plan idea: Above $29.92
Possible stop plan idea: A close below 29.64
Learn to trade 10%-30% swings
More on how to trade CSCO in the Live Trading Room 9:10 AM Eastern Trading Room.
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Good Morning,
SPY: The T-Line acted as support for the seventh time in the last 19 trading days in the SPY. The current trend is obviously bullish and Continue Reading
