Today’s Swing Trade Ideas
REN / Long (Energy sector) REN is a pinball setup with about 39% to the pinball target. REN is a 1-2-3 chart with a confirmed bullish morning star that has now closed back above the T-Line and the 20-day simple moving average. The chart is still in a confirmed downtrend; therefore, we are only looking for a relief rally.
My entry plan idea: Inside day with a close over the 20-day period moving average would be nice.
My stop plan idea: A close back below the T-Line.
Trade management is so very important.
Good Morning,
SPY: Prices closed back down through the T-Line which means the bullish swing trader has lost control until a bullish reversal signal and
Continue Reading
Today’s Swing Trade Ideas
No Featured trade ideas until next year
My entry plan idea:
My stop plan idea:
Remember last week we were talking about KNDI? How would you have liked to have bought it on the 23rd? KNDI was a trading room call at 11.36 on the 23rd
Good Morning,
Thank you and Happy New Year from Rick Saddler and Hit & Run Candlesticks. It’s because of traders just like you that have made the H&R Live Trading room such a success, which in turn has helped many traders find there trading path.
SPY: The SPY lost ground yesterday gapping and closing below its open. There is a high probability of price testing the T-Line today. Let’s not read too much into the market this New Year’s week; 2015 is right around the corner. Continue Reading
Today’s Swing Trade Ideas
No Featured trade ideas until next year
My entry plan idea:
My stop plan idea:
Good Morning,
SPY: The buyers have maintained control of the SPY through last week’s holiday, and it would appear they’re doing the same through this week’s Continue Reading
Today’s Swing Trade Idea
MOBI/Long (Technology) The MOBI weekly chart has formed a bullish hammer while the daily chart is in the process of forming a 1-2-3 LH-LH bottom (1-2-3 pattern – low high, low high). MOBI is also a Hit & Run Candlestick Pinball chart pattern.
My entry plan idea: Above the T-Line
My stop plan idea: A close below the T-Line
*You can learn more details in the members’ trading room about MOBI and many other trades.
KNDI – Up again on Friday making KNDI a trading room run for about 20%
Good Morning,
SPY: Not a bad week last week, all things considered, with low volume, half-day on Wednesday, closed on Thursday, and did we really want to work on Continue Reading
