Today’s Swing Trade Ideas
APT/Long (Healthcare Medical Devices) APT had a huge run a few weeks ago, it’s now pulled back to the 50 day simple moving average and near a double bottom. It appears it’s gapping this morning and $4.15 will be an important area to hold. APT has the potential of a swing trade of 20% to the 20 day simple moving average and another 37% to the crown.
My entry plan idea: (Currently own @ 3.78) Buy on positive trading above $4.15
My stop plan idea: A close below $4.14
Good Morning,
SPY: Yesterday I wrote that if the bulls could defend the 50-day simple moving average and price close above it, I would remain…
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Why charts work
How can we find the charts that work
Having a plan vs a prediction
Today’s Swing Trade Ideas
ARNA/Long (Healthcare Sector Biotechnology) ARNA Is a RBB pattern with a hammer that hammered in the lows and now after an extended downtrend price is starting to lead the moving averages over the 50 day simple moving average back to a tradable bullish trend. The last six bars which have been consolidation bars as well as a bullish cradle pattern. The target will be near the 200 day period moving average which is about 30% away.
My entry plan idea: On positive trading or a PBO (pullback opportunity)
My stop plan idea: A close below the T-Line for now
Good Morning,
SPY: The bulls have successfully closed above the $197.60 resistance area and the SPY has formed a rare…
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Today’s Swing Trade Ideas
ARNA/Long (Healthcare Sector Biotechnology) ARNA Is a RBB pattern with a hammer that hammered in the lows and now after an extended downtrend price is starting to lead the moving averages over the 50 day simple moving average back to a tradable bullish trend. The last six bars which have been consolidation bars as well as a bullish cradle pattern. The target will be near the 200 day period moving average which is about 30% away.
My entry plan idea: On positive trading or a PBO (pullback opportunity)
My stop plan idea: A close below the T-Line for now
Good Morning,
SPY: The bulls have successfully closed above the $197.60 resistance area and the SPY has formed a rare…
Continue Reading
Today’s Swing Trade Ideas
ZLTQ/Long (Healthcare Sector Medical Devices) ZLTQ was a featured trade idea back in August 14, profit should’ve been taken on September 15 for about 48%.. ZLTQ has shown bullish strength from its PBO (pullback opportunity) to the Fibonacci 50% retracement line drawn from the July 29 low (the day before the gap) to its highs of September 12. The big three have converged with the series of Doji’s and hammer candlestick patterns That have formed a rounded bottom ready to breakout.
My entry plan idea: Positive trading above the T-Line
My stop plan idea: A close below the T-Line
Member E-Coaching tonight October 28, 8 PM Eastern in the live trading room.
Good Morning,
SPY: The bulls continue to control the direction of the T-Line and hold their position above the T-Line. The last few candlesticks have formed an…
Continue Reading
Today’s Swing Trade Ideas
ZLTQ/Long (Healthcare Sector Medical Devices) ZLTQ was a featured trade idea back in August 14, profit should’ve been taken on September 15 for about 48%.. ZLTQ has shown bullish strength from its PBO (pullback opportunity) to the Fibonacci 50% retracement line drawn from the July 29 low (the day before the gap) to its highs of September 12. The big three have converged with the series of Doji’s and hammer candlestick patterns That have formed a rounded bottom ready to breakout.
My entry plan idea: Positive trading above the T-Line
My stop plan idea: A close below the T-Line
Member E-Coaching tonight October 28, 8 PM Eastern in the live trading room.
Good Morning,
SPY: The bulls continue to control the direction of the T-Line and hold their position above the T-Line. The last few candlesticks have formed an…
Continue Reading
