Today’s Swing Trade Ideas
SYK/Long (Medical Devices) SYK There is evidence of support near the $91 area and about four days ago broke out of the downtrend line of the descending triangle. SYK attempted to test the $100 area on December 23. The chart is showing signs of heading that direction again.
How to trade SYK- Entry, Stop & Profit, Candlesticks signals and patterns in the Live Trading Room 9:10 AM Eastern Trading Room.
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SPY: Eleven days ago, price was treading water underneath the big three and the T-Line wanting to be bullish. As of the close Continue Reading
Today’s Swing Trade Ideas
EXXI/Long (Oil & Gas) EXXI is a Hit-And-Run Candlestick Rounded Bottom breakout with a PBO signal last Wednesday. Coming off of a double bottom, EXXI appears to be headed to the $6.25 area over the next several days, approximately a 55% move if traded correctly.
Entry, Stop & Profits, Candlesticks signals and patterns: How to trade EXXI in the Live Morning comments 9:10 AM Eastern in the Trading Room.
Those that traded ADHD with us in the trading room and held to your plan were rewarded Friday with a beautiful chart set-up with a bullish double bottom and a great close on Friday and a four-week flag development. FYI, check out the weekly chart.
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Good Morning,
SPY: Bullish T-Line run for the past nine trading days. The T-Line now leads above the 20-day simple moving average and the 50-day simple moving Continue Reading
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.
Learn more in the Live Morning Comments
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
