Today’s Swing Trade Ideas

ARWR/Long (Healthcare)   The past week a ARWR has started to show signs of possibly revisiting the $9.30 area or near the 200 – simple moving average.  In the last five days or trading you can see a low high higher low and yesterday’s Bullish Engulf, engulfed seven candles plus the big three on good volume

More on how to trade ARWR in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $7.00 to $7.57
Possible stop plan idea:  A weak candlesticks signal or below 7.00

Good Morning, 

SPY:  SPY, QQQ, DIA, IYT, SMH:  They all have another failed high in common.  Price is below the T-Line suggesting the Continue Reading

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