Bulls Found A Way Out

RYAM – The Bulls finally found a way out by closing over the May 30 high with a huge bullish surged on big volume. With two days of rest, it may be time to add RYAN to the featured trade idea hot list. RYAN is a basic breakout PBO set up. I will explain more about the RYAM chart in the trading room before the market opens

Good Trading – Hit and Run Candlesticks

► Members’ Trade Idea Update (AZO)

On August 31 we shared and went over the technical properties of AZO, today the profits would be about 19.54% or $10,345.00, with 100 shares.

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► Eyes On The Market

(SPY) The T-Line is higher than the T-Line 20-days ago; the 34-EMA is higher than the 34-EMA 20-days ago, same with the 50-SMA. Price action is above the T-Line and the upper T-Line Band. The simple conclusion here is the trend is intact, and the sellers can’t seem to find a crack.

►Right Way Options Morning Prep [Video Click Here]

Rick’s trade ideas for the day – MEMBERS ONLY

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Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.