Today’s Swing Trade Ideas
MOBI/Long (Technology) MOBI weekly chart has formed a bullish hammer while the daily chart is in the process of forming a 123-LHLH bottom (123 pattern – low high, low high pattern) MOBI is also a Hit & 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 – a 15% trade from the trading room from Monday
Good Morning,
SPY: So far this week has acted pretty much how we expected, slow, lack of volume, bullish. On this Friday the last day of the trading week we Continue Reading
Today’s Swing Trade Ideas
ONTY/Long (Healthcare Biotechnology) A four-month rounded bottom is setting up with the right-side moneymaker still ahead of us. Moving averages are starting to flip to a bullish direction. December 12 saw large buyers stepping in with profit taking. I see a low high, higher low and higher high developing with a Doji and a Bullish Engulf the last two trading days.
My entry plan idea: Buy on positive trading above yesterday’s low $1.78 and on positive trading above $1.95
My stop plan idea: A close below $1.78
From the Members Trade Idea List:
KEG +16%
VHC +21% before pulling back
BCOV +27%
RATE 13.85%
ACHN +53%
Good Morning,
SPY: The SPY held up very well yesterday with a Doji sandwich continuation pattern above the big three at $207.47 in light of a holiday week. Continue Reading
Today’s Swing Trade Ideas
VHC/Long (Technology Sector) VHC has formed a rounded bottom breakout pattern (RBB) and a bullish morning star signal with follow-through and a double bottom a few days ago.
My entry plan idea: (Long Friday at 5.51) Today and add to or buy in the buy box, below $6.00 and above $5.98.
My stop plan idea: A close below $5.98.
Good Morning,
SPY: Most likely we will see light volume this week due to the holiday just as we did for Thanksgiving week. This week we are likely to see a lack Continue Reading
Learning to swing trade is, unfortunately, not as simple as jumping on a swing at the park for the first time. There are strategies to learn, options to explore, and an entire language of trading terms that you’ll need to become familiar with. However, with hard work, persistence, and a bit of luck, you can become a successful swing trader. If you’re interested in learning the tricks of the trade, scroll down to discover some valuable swing trading advice for beginners. These tips will come in handy when you first dip your toe into the world of investing.
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