Today’s Swing Trade Ideas
ADHD/Long (Biotechnology) ADHD has formed a bottom with the successful Rounded Bottom Breakout (RBB). While yesterday’s gap down could have been disastrous, the buyers managed to pull a bullish Belthold candlestick signal out of their hat, which suggests the buyers are very interested in this stock.
Possible entry plan idea: Above the 50-day simple moving average with a closing bullish candlestick.
Possible stop plan idea: A close below the 50-day simple moving average
**More on how to trade ADHD in the Live Trading Room 9:10 AM Eastern Trading Room.
Good Morning,
SPY: After yesterday’s decisive (on heavy volume) price action, the bulls will be scrambling to contain the recent losses in the Continue Reading
Today’s Swing Trade Ideas
No featured trade idea today
Possible entry plan idea:
Possible stop plan idea:
More on how to trade the members ideas in the Live Trading Room 9:10 AM Eastern Trading Room.
Good Morning,
SPY: Yesterday in the trading room, I brought everyone’s attention to a simple T-Line chart and how price continues to print Continue Reading
Today’s Swing Trade Ideas
ASNA/Long (Apparel Stores) The bullish belthold four trading days ago, closed over the T-Line and the 200 day simple moving average. There was a little consolidation the day after and a Bullish Engulf Friday suggesting that the buyers are still hanging around.
Possible entry plan idea: Above $13.31For the low end of the buy box and over 13.50 would be the buy box breakout.
Possible stop plan idea: End of the day close below $13.31
Learn to trade 10%-30% swings with the RBB strategy
More on how to trade ASNA in the Live Trading Room 9:10 AM Eastern Trading Room.
Good Morning,
SPY: The sellers took control of the swing trade on March 4th by closing below the T-Line on the SPY. The sellers have managed Continue Reading
Today’s Swing Trade Ideas
GLNG/Long (Shipping & Ports) Bullish Morning Star Signal, RBB Rounded Bottom Breakout, double bottom getting there — higher low.
Possible entry plan idea: Above $31.81
Possible stop plan idea: End of day close below #31.81
Learn to trade 10%-30% swings with the RBB strategy
More on how to trade GLNG in the Live Trading Room 9:10 AM Eastern Trading Room.
The RBB Rounded Bottom Breakout is the best chart pattern you will ever find to date. In fact, many educators are now trading with the RBB setup and will soon be teaching it as they did with the T-Line. Educators teach what works.
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Good Morning,
SPY: As you can see from the chart, price has closed below the T-Line. A close below the T-Line implies that short-term swing Continue Reading
