Swing Trade Ideas February 19, 2015

Today’s Swing Trade Ideas

CSCO/Long (Communication Equipment) A few days ago, CSCO gapped on positive earnings then consolidated for the last three days above the gap candle low (28.84).

How to trade CSCO- Entry, Stop & Profit, Candlesticks signals and patterns in the Live Trading Room  9:10 AM Eastern Trading Room.

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Good Morning, 

SPY:  Watch for a choppy, whippy market as profits are pulled and protected out of the market. Consolidation is due.  The SPY has remained bullish for the last Continue Reading

Swing Trade Ideas February 18, 2015

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

Swing Trade Ideas February 17, 2015

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

Swing Trade Ideas February 13, 2015

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.

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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