Trade Ideas December 9, 2014

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Today’s Swing Trade Ideas

UTHR/Long  (Healthcare Sector Biotechnology) UTHR has formed a morning star signal using the big three as support, and price closed over the T-Line yesterday on the daily chart.  The four-hour chart also using the big three as support has formed a Doji continuation pattern or a Doji sandwich setup.  Price has been trying to form a symmetrical triangle for the past couple of months.

My entry plan idea:  Positive trading over the T-Line.
My stop plan idea:  A close back below the T-Line for now.

  • Member E- Learning tonight 8 PM Eastern
  • JRJC – Yesterday’s featured trade +12.5% open to high

Good Morning,

SPY:   Yesterday saw weakness in the SPY gapping down and closing below the T-Line with an intraday bounce off the 20-day SMA.  The bulls will try to support price near the $205.38 area and the bears will Continue Reading

Trade Ideas December 8, 2014

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Today’s Swing Trade Ideas

JRJC/Long  (Technology Internet Content) In early November JRJC printed a bull kicker then then consolidated allowing the T-Line and the 20 day simple moving average to catch up.  Last week a morning star signal was printed and today we might see a Doji sandwich continuation pattern.

My entry plan idea:  Positive trading over the T-Line
My stop plan idea:  A close back below the T-Line

  • ISNS – Friday most of us in the trading room traded ISNS for near 20% – 30%

Good Morning,

SPY: If you follow candlestick signals then You probably have followed a Doji and have a fairly good understanding of the Doji. A Doji certainly demands your Continue Reading

Trade Ideas December 5, 2014

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Today’s Swing Trade Ideas

SIGM/Long   (Semiconductor) SIGMHas formed a four bar cradle pattern after pulling back to the 20 day simple moving average on the daily chart.  The three-day chart has formed a little flag supported by the big three.  The three-day chart is also a rounded bottom breakout.

My entry plan idea:  Positive trading over the T-Line, but don’t Chase
My stop plan idea:  A close below $4.35

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  • Another great day yesterday for the trading room and DUGLY

Good Morning,

SPY:  The spy continues to maintain its bullish posture overall and even though the last nine trading days has just move sideways making noise.  As of the close Continue Reading