by

Today’s Swing Trade Ideas

ECYT/Long  (Healthcare Sector Biotechnology)  After a pull back to the 50-day simple moving average and two inverted hammers, a Bullish Engulf was printed yesterday closing over the T-Line and the 20-day simple moving average.  ECYT is also a rounded bottom breakout with the 10- to 15%-move look to it.

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

TTI was bought a couple of days ago and sold yesterday for a 17.2% profit.
ISNS was already up 35% from our post, and now it’s setting up to do it again.

Good Morning,

SPY:  It was an interesting day yesterday to say the least.  The SPY opened lower and then muscled itself back up closing above the 20-day moving average and just slightly below the T-Line forming a Continue Reading

Trade Ideas December 9, 2014

by

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

by

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