Today’s Swing Trade Ideas
SM/Long (Energy) SM has broken out of the construction base at about $40, you can see the higher lows prior to the breakout as well as several candlestick patterns and signals. SM has had profit taking with a PBO signal hinting that higher prices are ahead with a J-Hook trying to form.
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Entry, Stop & Profits, Candlesticks signals and patterns. How to trade SM in the Live Morning Comments 9:10 AM Eastern in the Trading Room
Below is part of an email I received last night from a member.
Hello Rick.
I enjoyed the two free membership weeks, so much that I subscribed on Tuesday, three days ago, for an annual membership. That membership paid for itself in 2.5 days at noon today.
Mark – Mark is real and in the trading room
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Good Morning,
SPY: The SPY finished the day in perfect form into the close and closed at $208.92 with a seven day T-Line run with a two-bar low and the bullish morning star signal followed Continue Reading
Today’s Swing Trade Ideas
DDD/Long (Technology) DDD has formed a double bottom and has broken out in the recent high. DDD has also closed above the December low which was also a bullish piercing candle. As of yesterday, it became a rounded bottom breakout along with breaking above the downtrend line.
Entry, Stop & Profits for DDD will be discussed at 9:10 AM Eastern in the Trading Room
$$-On January 28th FNSR was a Featured Trade Idea, after enter we are now up 4.77%
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Good Morning,
SPY: The SPY is breaking out of its five-week trading range and looks as if it’s on a mission to crack $209.00. Friday, Monday and Tuesday formed a bullish morning star Continue Reading
Today’s Swing Trade Ideas
RIG/Long (Energy oil and gas drilling) A rally started on January 14 followed by a pull back on January 28 and 29th. Then a Bullish Engulf was printed for a PBO followed by a rally that closed over the 50-day simple moving average creating a Rounded Bottom Breakout. RIG is poised to move higher with PBO corrections along the way.
Entry, Stop & Profits for RIG will be discussed at 9:10 AM Eastern in the Trading Room
Yesterday we gave you MILL for a 18% gain
Yesterday PWE for a 11.7% gain
A week or so ago we gave you LPI for a 30% gain
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Good Morning,
SPY: The SPY continues to trade in a range from early January to now, both buyers and sellers are being held in the box. So who’s winning in the box? Well, let’s see. Price is Continue Reading