Today’s Swing Trade Ideas
TTI/Long (Energy Sector) After a bullish gap on February 27 TTI pulled back to retest the gap crossing back up over the big three making it a rounded bottom breakout. Following the T-Line up to the 100 SMA and has now consolidated with a left right combo.
More on how to trade TTI in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $5.75 to $6.24
Possible stop plan idea: A weak candlesticks signal or below 5.75
Good Morning,
SPY: Lower highs and lower lows is something that the bears sit around and talk about, and the SPY has done just that starting Continue Reading
Today’s Swing Trade Ideas
MTZ/Long (Engineering and Construction) After a three-bar pullback, MTZ printed a Bullish Engulf opening below the big three and closing above the big three with a snapback J-Hook pattern.
More on how to trade MTZ in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $19.37 to $20.39
Possible stop plan idea: A close below $19.37
Member Trading Room Password changes tonight after E-Learning
Good Morning,
SPY: Support and resistance, trendlines, trends, chart patterns, candlestick patterns: some things just don’t change over time. Continue Reading
Today’s Swing Trade Ideas
EA/Long (Technology Gaming) Coming from a five day rally EA found some selling that pushed it back to the 50-simple moving average, from the 50-simple we had a gap up Friday closing bullishly with a morning star candle pattern above the T-Line and the 20-simple moving average. EA is approaching a longer-term double top. Caution for sell signals but a bullish breakout could lead us up to the $80 area
More on how to trade EA in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $53.63 to $58.50
Possible stop plan idea: A close below $57.09
Members the trading room password will be updated tomorrow night after member E-Learning.
Good Morning,
SPY: For the past five months, the SPY has been in a choppy, peak-and-valley condition with the T-Line and the 20-simple Continue Reading
