Today’s Swing Trade Ideas
NOG/Long (Energy sector ) In the last seven trading days, NOG has printed a double bottom, bullish piercing candle, five days of consolidation and a bullish morning star signal. Friday’s wick and not being able to close over the recent high could be a deal breaker, so for that reason we are using a breakout signal for entry.
Possible entry plan idea: Above $9.00
Possible stop plan idea: A close below The T-Line
Learn to trade 10%-30% swings
More on how to trade NOG in the Live Trading Room 9:10 AM Eastern Trading Room.
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Good Morning,
SPY: It is very important today to keep your eye on what price does in relationship to the T-Line. The last three candlestick signals Continue Reading
Today’s Swing Trade Ideas
MOBI/Long (Technology ) MOBI printed an impressive hammer 18 days ago followed by a 27% profit run. Recently, MOBI has found itself in a pull back printing a higher low with a couple of Dojis followed by a Bullish Engulf that ran through the big three closing over the T-Line. This is another high probability money-making rounded bottom breakout (RBB Pattern).
Click Here to learn more about the RBB Pattern.
Possible entry plan idea: Buy box entry between $3.93 and $4.31 for the breakout buyers.
Possible stop plan idea: A close below $3.93
Learn to trade 10%-30% swings
More on how to trade MOBI in the Live Trading Room 9:10 AM Eastern Trading Room.
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A BIG THANK YOU to all that visited the open trading room this week. We hope to see you in the trading room for the last open day. Please tell a friend and bring them with you. Again, thank you to all who made this last week very enjoyable. Rick
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Good Morning,
SPY: Yesterday was a little touch-and-go on who is going to come out ahead, the sellers or the buyers. The buyers managed to close Continue Reading
Today’s Swing Trade Ideas
GDP/Long (Oil and gas ) GDP Is currently painting a J-Hook continuation pattern coming out of the rounded candlestick bottom and is currently a Hit-And-Run Candlestick Rounded Bottom Breakout (RBB)
Click Here to learn more about the RBB Pattern.
Possible entry plan idea: Buy box entry between $4.18 and $4.75 for the breakout buyers.
Possible stop plan idea: A close below $4.28
Learn to trade 10%-30% swings
More on how to trade GDP in the Live Trading Room 9:10 AM Eastern Trading Room.
Become a member Today
Tuesday night’s member e-learning has been posted in the members’ area of the website under the members’ blog. It has also been posted on YouTube. You can find the video by going to the Hit-And-Run Candlestick home page and clicking on the red YouTube button on the top right.
Good Morning,
SPY: Another close above the T-Line, so that makes 15 consecutive trading days leading the T-Line higher and higher. $211.55 was the Continue Reading