Today’s Swing Trade Ideas
Trade Management – Today is a day to manage the trades that you’re in. The market, over the last few days has not been nice to most traders, looking for another stock to buy is not likely to help anything. The sellers are still in control. Price below the T-Line and lower highs.
My entry plan idea: Brew a nice cup of coffee
My stop plan idea: Only after 3 cups
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Good Morning,
SPY: Yesterday we talked about the 23.6% Fibonacci line at approximately $186.50 and how important it was for the bulls to defend… Continue Reading
Today’s Swing Trade Ideas
TKMR/Long (Healthcare Sector Biotechnology) With the near hammer signal on October 8 followed by for Doji’s TKMR looks poised to retest the recent high of October 3 which is about 25% away
My entry plan idea: (Currently own) will add on positive trading above the T-Line
My stop plan idea: About 22.47
TKMR Featured trade idea on October 9 – has had for indecision Doji’s walking the 20 day simple moving average. TKMR looks poised for a bullish move.
Good Morning,
SPY: Measuring from the 2011 highs to the most recent highs, the SPY is about 1/2% from the 23.6% Fibonacci retracement line. This area of about Continue Reading
Today’s Swing Trade Ideas
ALNY/Long (Healthcare Sector Biotechnology) ALNY Has printed a bull kicker candlestick chart pattern gapping over the 20 day period moving average and the T-Line. When you’re looking at the chart notice the bullish W pattern starting in March. I’m looking for a 30% gain plus to the January 2014 high
My entry plan idea: I will be watching for a PBO buy and above the 20 day period moving average.
My stop plan idea: A close below the 20 day period moving average
Beware Profit Traders we are entering earnings season
Hit & Run Candlesticks Members: A list of Ebola Related Stocks have been posted in the members area, “Members Resources”, “Components For ETF’s and Indexes” look all the way to the bottom.
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