The price action battle is on between the buyers and sellers. Last week the sellers printed a Bearish Engulf on Thursday and follow-through on Friday. Yesterday (Monday) the Buyers printed a Bullish Engulf that covered Friday’s Doji follow-through. The buyers still control the trend, hands down! Using the recent Doji low $288.66 as the pivot low the buys have a chance to use yesterday’s Engulf as a key candle to help with there challenge of higher highs. “Of course the question is will they” As boring as this market has been it’s nice to see the profits/losses and the net gain posted in the trading room. “Thanks, Traders!” The VIX continues to show no fear, which points to a bullish market.
🎁 Trade Alerts with LTA has proven to be the #1 alert system in trading. Serious about making money? LTA will provide alerts to you in real-time on your computer screen based on what you are looking for. Candlesticks signal, chart patterns, or a combination of both and in different time-frames. Do you have a special chart pattern? The team at LTA can create it for you.
✅ Hit and Run Candlesticks trade Ideas for consideration: ZAYO, SPWR, XOP, LULU, MAR, DNR, CRZO, GDDY, CAG
DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it. Past performance does not guarantee future results. Terms of Service