Today’s Swing Trade Ideas

SNSS/Long (Healthcare Biotechnology)  SNSS has formed a RBB pattern with a PBO hammer the day before yesterday, followed by a strong buyers’ present yesterday.  SNSS is also forming a cup with about 10% left to the cup top.  From there, we could see a nice rally followed by a pullback to start forming the handle.

**To learn more about SNSS, join me in the live trading room today at 9:10 AM EST.

Possible entry plan idea:  The buy box is from $2.36 to $2.70
Possible stop plan idea:  A close below $2.36

Good Morning, 

SPY:  With yesterday’s inside day close and the recent higher highs and higher lows continuing to close over the T-Line, we would Continue Reading

Today’s Swing Trade Ideas

WLL/Long (Energy Sector)  Rounded Bottom Breakout, Left/Right Combo, higher lows can be drawn, bullish candlesticks above recent gap, 30% possible profit target.  All this points to a very tradable chart.  To learn more about WLL, join me in the live trading room today at 9:10 AM Eastern.

Possible entry plan idea:  The buy box is from $36.24 to $42.76
Possible stop plan idea:  A close below $36.24

Good Morning, 

SPY:  No rate hike by the Feds and the market soars with dovishness!
Continue Reading

Today’s Swing Trade Ideas

NQ/Long (Technology)  NQ has formed a Rounded Bottom Breakout and a bullish scoop pattern.

Possible entry plan idea:  Above the T-Line and/or a breakout of $4.03
Possible stop plan idea:  A close below the T-Line

More on how to trade NQ in the Live Trading Room  9:10 AM Eastern
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Good Morning, 

SPY:  Yesterday the SPY closed with an inside day Doji while resting on the T-Line, once again failing to clear the $208.70 area.  Continue Reading