Today’s Swing Trade Ideas
EYES/Long (Healthcare) EYES has pulled back to the 50-simple moving average and has now drawn a candlestick bullish morning star reversal pattern. This pattern could be the clue that a bullish reversal may happen soon.
More on how to trade EYES in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $11.53 to $12.91
Possible stop plan idea: A weak candlestick signal or below 11.53
Updates –
Tina Logan webinar “East meets West”
Rounded Bottom Breakout clinic (end of April)
Vancouver meetup coming in July
Good Morning,
SPY: (FOMC Minutes 2: PM EDT Today) and (Jobless Claims 8:30 AM EDT Tomorrow)
Here come the feds; here come the feds. You know their job is not to control the market, but who thinks they don’t? Every time the market Continue Reading
Today’s Swing Trade Ideas
MUR/Long (Energy) MUR is a rounded bottom breakout pattern after a Bullish Belthold about a month ago and has followed up with a bullish “W” pattern and a double bottom.
More on how to trade MUR in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $48.50 to $50.40
Possible stop plan idea: A weak candlestick signal or below 48.50
Updates –
Member e-learning tonight 8: PM EDT
Tina Logan webinar “East meets West”
Rounded Bottom Breakout clinic (end of April)
Vancouver meet upcoming in June
Good Morning,
SPY: If one were to look at a chart of the SPY, you would see a four-bar pattern that has created a low then a Continue Reading
Today’s Swing Trade Ideas
VHC/Long (Technology) VHC is one of my favorite chart setups, the Rounded Bottom Breakout. You can also see that Wednesday and Thursdays candle was a Doji Bullish Engulf (left right combo) not only at the 50 day simple moving average but at the big three.
More on how to trade VHC in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $5.95 to $5.55
Possible stop plan idea: A weak candlesticks signal or below 6.13
Good Morning,
SPY: On the weekly chart of the SPY, there are signs of topping, signs that the sellers are taking control. I see a
bearish evening star with a double top. I see lower highs and a sellers Doji sandwich or continuation pattern. On Continue Reading
