Trade Ideas November 26, 2014

Today’s Swing Trade Ideas

Giving Thanks/Long  (Happy Thanksgiving)  

My entry plan idea:  Small tester bites of a pie

My stop plan idea:    Don’t stop till it’s gone!

My family wishes your family a Happy and Safe Thanksgiving

Good Morning,

SPY:  Not too many surprises this week, the market is pretty much flat as been expected with the Bulls still in charge.  There’s going to be quite a lot of economic news today

which gives even more reasons to spend more time in the kitchen with stuffing, turkeys, ham pies and cookies.

 IWM:  A Low volume holiday week makes for a good day to clean your desk drawer out. Bulls are still in control

This Week’s Economic Calendar—> Click Here

Members Trade Ideas –  Members Only

In the members area you will find 10-15 trade ideas every day

Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (maybe more) within the next few days based on the charts. As you know some work and some don’t…Welcome to trading. Please follow your trading rules for entry stops and profits.

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

Symbols formembers only Date  Long/Short Try our Membership, Check out the Trading Room
11-19-14 Long Buy above T Line
11-18-14 Long Buy on positive trading
11-12-14 Long Buy on positive trading
11-7-14 Long Buy on positive trading
11-5-14 Long Buy on positive trading
11-3-14 Long 14% profit/not ready just yet
10-30-14 Long Buy on positive trading
10-27-14 Long Inverted hammer watch for PBO
10-24-14 Long Hit target +28%/Think PROFITS again
10-23-14 Long Buy on positive trading
10-20-14 Long Trending
10-17-14 Long Wait for PBO
10-14-14 Long Buy on positive trading
10-9-14 Long Buy over T-Line
9-25-14 Long Target hit +15.5%,Buy on positive trading
9-5-14 Long Watch for bounce
8-14-14 Long Target hit + 35.5%/ caution
8-13-14 Long Target Hit +29%/ Close
7-8-14 Long Still bullish/ Profit taking maybe on the way

VXX S&P 500 VIX Short Term Futures:  A close below the T-Line ™ implies the bearish short-term swing traders are in control.

Energy Sector: XLE, SX90, ERX  A close below the  T-Line ™  implies the bearish short-term swing traders are in control.

TLT: A close above the  T-Line ™ implies the bullish short-term swing traders are in control.

UUP US Dollar Index: A close above the  T-Line ™  implies the bullish short-term swing traders are in control. Could see some weakness soone

The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.

Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.

Trade Ideas November 25, 2014

Today’s Swing Trade Ideas

BCOV/Long  (Technology Sector)  BCOV is a active featured trade idea.  A rounded bottom breakout that has pulled back to test the 34 EMA, formed a Doji low four days ago followed by a higher low and a Bullish Engulf yesterday.  Notice how all the buyers have started buying around the $6.30 area.

My entry plan idea:  Below the T-Line and above the 34 EMA
My stop plan idea:     $6.24

Good Morning,
SPY:  Doji inside day yesterday. A Single candlestick that indicates indecision. A single candlestick signal that indicates warning. Most meaningful when it is displayed as Continue Reading

Inverted Hammer Candlestick Pattern

If you flip the Hammer candlestick on its head, the result becomes the (aptly named) Inverted Hammer candlestick pattern. Like the Hammer, the Inverted Hammer occurs after a downtrend, and it also has one long shadow and one nonexistent (or very short) shadow. Plus, they’re both bullish reversal patterns formed with just one candle! The key to identifying a Hammer versus an Inverted Hammer is the location of the long shadow. A Hammer’s long shadow extends from the bottom of the body, while an Inverted Hammer’s long shadow projects from the top. To learn a little more about this common reversal pattern, please scroll down.
Continue Reading

Today’s Swing Trade Ideas

AREX/Long  (Energy Sector)  AREX close Friday in our Rounded Bottom Breakout Pattern along with a J-Hook pattern setting up.  Over the past couple of weeks price is formed what appears to be a bottom with a rally from the lows to the 50 day simple moving average pulling back to the 20 day simple moving average closing over the 50 simple moving average Friday.  We’ll start with a 15% target and see what happens.

My entry plan idea:  Below $13.25 And above $11.50
My stop plan idea:    A close below the T-Line for now

 

Good Morning,

SPY:  Our T-Line trend line continues to stay bullish as price climbs higher.  Friday’s high came right to our trend line, then ended up closing down for the day.  Friday’s Continue Reading