Today’s Swing Trade Ideas

XON/Long  (Healthcare Sector Biotechnology)  XON has formed a bullish J-Hook breakout within a RBB strategy along with a bullish “W” pattern.  Keep in mind, with yesterday’s 11.5% day, we could see a little profit taking which would offer a good entry for about 17% to target.

My entry plan idea:  Inside day buy
My stop plan idea:   A close below the T-Line

Good Morning,

SPY:  Admittedly, I was not expecting the bullish open yesterday on the SPY, but then again, it did close with a possible…

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Today’s Swing Trade Ideas

ISNS/Long  (Technology Sector Software Application)  ISNS is setting up to possibly be one of our Rounded Bottom Breakouts (RBB).  It hasn’t broken out over the 50-day moving average yet, but if it does, it could easily run to the 200- period moving average which is about 15% from the 50-period moving average.  ISNS has been trading in a bearish manner for a few weeks.  A few days ago, a Bullish Engulf was printed followed by a couple of Doji’s and then another very small Bullish Engulf with a volume breakout, yesterday’s close over the T-Line and the 20-period  moving average.

My entry plan idea:  Below 3.33 and above the T-Line

My stop plan idea:   A close below the T-Line

Good Morning,

SPY:  Yesterday, a bearish dark cloud cover was printed on the SPY after reaching a new high into resistance.  A bearish dark cloud cover does not necessarily mean…

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Today’s Swing Trade Ideas

ACHN/Long  (Healthcare Biotechnology)
Is trying to put together a Doji continuation pattern, some know it as a (Doji sandwich) above the big three and after constructing a two-week base.  ACHN was also a featured trade idea on October 17.  As of the close yesterday we are still looking for approximately 20% in this position.

My entry plan idea:   Accumulate below $12 and above $11.60
My stop plan idea:   A close below $11.60

Good Morning,

SPY:  Yesterday the Bulls were able to close above 192.70 and the 20 day simple moving average.  There is no doubt that the Bulls have had a fantastic rally the…

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