Today’s Trade Idea
AAPL Long: (Technology Sector Consumer Electronics) Yesterday AAPL broke out of the recent high forming a bullish J-Hook pattern or a continuation pattern. On June 25 a Doji was formed followed by a classic bullish rally, three days last week walking or consolidating to the right, and then yesterday gapping and closing bullishly forming the J-Hook pattern or the continuation pattern. Remember that targets are just merely a direction. Be a profit trader and monitor APPL on the way to $100.00 then $104.00 and possibly higher reevaluating along the way.
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Today’s Trade Idea
TSEM Long: (Technology Sector Semiconductors) TSEM over the past couple of weeks has painted a double bottom followed by the bulls being in charge with a morning star-type candle pattern followed by a doji and then a gap up, closing above the T-Line and the 20-day simple moving average last week. The weekly 200-day simple moving average is approximately 20% away, and that’s about what I see as the next target
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Today’s Trade Idea
ZGNX Long: (Healthcare sector – Drug Manufacturer) ZGNX produced a Bullish Kicker Signal yesterday closing the 50-day simple moving average creating a Hit-And-Run Candlestick Rounded Bottom Breakout. With 25% from yesterday’s close to the 200 sma and about 40% to the 200 sma on PBO entry near the 50sma.
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Today’s Trade Idea
CERS Long: (Healthcare sector – biotechnology) CERS Has been forming a base from early may and has attempted to breakout over the big 3 two other times. Recently CERS has painted a double bottom with a piercing candle and follow through that closed over the big three yesterday, and with 32% to the 200 day simple moving average, and what could be the completion of a cup I think CERS is worth considering.
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So you want to be a swing trader… Although swing trading isn’t as easy as swinging at the playground, if you start with the basics and learn some tried-and-true investment strategies, you can turn your swing trading goals into tangible profits. It all starts with our swing trading tips for beginners. As you learn how to read stock charts, how to react to movements and patterns, and how to know which risks are worth taking, you will gain confidence in your new found skills and knowledge. Scroll down to learn some basic swing trading tips for beginners.
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What is triple witching: a day, a time, a curse? In fact, despite its witchy name, triple witching refers to an important event in the world of stocks and investments that happens four times each year. On the third Friday of March, June, September, and December, the contracts for stock index futures, stock index options, and stock options all expire at the same time: a triple witching. This daylong event, which is sometimes referred to as “Freaky Friday,” is an important day for short-term investors because the markets tend to be turbulent and unpredictable, shifting erratically as traders attempt to offset their orders before the closing bell rings.
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What are Japanese candlesticks? No, we’re not talking about candlesticks made in Japan. We’re talking about a method of communicating investment information on a price chart over an established period of time. Many people find that Japanese candlesticks are an easier way to interpret information as opposed to traditional investment charts. Each candlestick represents a period of time and when you consider the candlestick’s body, wicks, and color, you can understand the price information and use it to make smart investment decisions. Still wondering, “What are Japanese candlesticks?” Read on to learn more.
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